I agree there are " Two Sides to Every Story " but explain to me how a CEO can receive a huge Bonus when clearly he is not doing his job ( or worth it in my opnion )
Everyone is entitled to an opinion of course. I am not a shareholder, let me get that right out front first. One reason for this is that the QF business has not been able to provide meaningful return on investment for many years.
The CEO can receive a huge bonus because the owners of the business felt it advanced thier cause in maintaining a viable business and in the hope that one day, maybe, they'll see a return.
As for doing or not doing his job. Again, everyone in the street has an opinion, me included, some comments on the radio recently have people emotively saying things like 'its Australias airline, not Joyces, he shouldn't be allowed to ruin it" - c'mon, sack up people, the airline belongs to the shareholders and they place, directly or indirectly, management and policy via a board (who is representative of the ownership).
and then in the same breath sack staff- create job's and buy Aircraft in Asia and maintain the Pride of The Flying Kangaroo " Qantas"...methinks there are a few " mince pies" being sent out to the Public...Bah Humbug..!!....
Qantas is slowly going down the gurgler which is a sorry state for it's loyal F/Flyers, the Australian public and our Country...The other operating airlines in Australia re laughing all the way to the Bank...
The ownership (shareholders) need only decide what they want. Its really as simple as that. If they want to run QF as a benevolent society with longstanding and/or newly appointed employees and management as the recipients of that largess then fine, they can make it happen by appointing the appropriate staff and run, not for profit, but for love.
If they want a return on their invested capital then they will choose a different path, as many major Australian brands have also chosen to do.
IMHO we're wrong to blame or speak ill of any Australian business which is simply trying to survive in difficult times under a given set of rules. If you _really_ want social justice and a return to local manufacuturing and jobs for all (for life) you simply must speak with or become a politician. Politics and the law that flows from governing bodies is what sets the framework for business to either thrive or die in any country.
If politicians, speaking on behalf of the majority of Australians, are allowing rampant capitalism, don't blame companies for implementing rampant capitalism ...
