BEASTMASTER, it's great to hear that as one of our manufacturers you're in there battling hard to keep your company viable. But that should never be at the expense of your workers and the conditions they work under! It behoves your business to be at the cutting edge - Monadelphous is just one such example [disclosure - I hold shares in MND]. Technology One [TNE] is another!
In the USA the wealthiest of the wealthiest CEOs are extracting remuneration at 330 times that of their workers, with average remuneration of $14m pa. But in Australia our average company executives collectively have remuneration more than 70 times that of average earnings - they're in the land of the tooth fairy living the age of entitlement downunder while even demanding government backing, incentives and tax breaks!
Therein lies the real cancer eroding profits, fairness, trust and productivity! Well alienation and outrage soon follow such excess and now that we have an imbecilic government feeding that disgusting greed the signs for our future beginning to cloud over.
