From the annual report :
"During the year total remuneration to directors and senior management was $7,322,667 (2011: $6,742,120), an overall
increase of $580,547 due to the increase in the number of key management positions"
Management salaries now makeup 10% of the company's market cap !!!
Imagine if BHP paid 10 BILLION dollars to its management team each year.
Surely even in the junior/specie leagues where we now find ourselves this is an overweight position for the fat cats ?
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From the annual report :"During the year total remuneration to...
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