QAN 0.65% $6.22 qantas airways limited

They can afford huge bonuses for exec's but staff get screwed....

  1. Obi
    787 Posts.
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    They can afford huge bonuses for exec's but staff get screwed.

    But in a statement to the ASX in June, Qantas revealed four senior executives would be paid company shares worth a combined total of more than $4million on top of their salary.Qantas CFO Vanessa Hudson will be eligible for $1.15million in shares, Jetstar CEO Gareth Evans will be handed $1.22million, Qantas domestic and international CEO Andrew David will receive $1.15million, and Qantas Loyalty CEO Olivia Wirth is up for $985,000 in stock.The bonuses will be paid in August 2023 if the executives meet performance targets, though Mr Evans has since resigned.

    Australian Licensed Aircraft Engineers' Association federal secretary Steve Purvinas slammed the payments.'From an engineer's perspective, it's absolutely disgusting that people are given bonuses the size of a lotto win and we are being labelled as greedy for wanting a pay rise when we have not had one in four years,' Mr Purvinas told the Daily Telegraph.

    'With airline baggage loss and other deficiencies how can they consider paying any bonuses whatsoever.

    'Transport Workers Union National Secretary Michael Kaine echoed the statement and said the bonuses 'rub salt into the wounds of sacked employees'.'School holidays and the Easter holidays have been absolutely ruined by the decision of Qantas to illegally sack 2000 workers,' he told 9News.'The man who made that decision has just been awarded a bonus by Alan Joyce of $1.1 million worth of shares
    .

    Qantas simply refuse to negotiate a long expired EBA. They've endured several wages freezes. Also, a good number of their engineers are fighting to get money owing after not being paid correctly for years. Some are owed 10s of thousands.

    Those being critical have no idea what goes on at Qantas and the lengths they go to stand over staff and screw them over.


 
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