Bruce Tuncks Posted August 25, 2017 Share Posted August 25, 2017 Don't forget that this money has not been earned by producing any consumables. It has been taken from mostly poorer people using menaces. Link to comment Share on other sites More sharing options...
facthunter Posted August 25, 2017 Share Posted August 25, 2017 I didn't mention salaries at all, but since it's out there $600,000 isn't what Banksters get but it's more than the President of the USA gets and that should buy a bit of focussed effort from a person with suitable qualifications. If it's a bit of a Soiree, prior to full retirement, then we deserve better. The FIX will only come after legislative change resulting in a new CULTURE for the authority to have it industry responsive. The longer this is put off the more damage to the lower end and training section of GA and recreational activities.. Nev 1 Link to comment Share on other sites More sharing options...
turboplanner Posted August 25, 2017 Share Posted August 25, 2017 Don't forget that this money has not been earned by producing any consumables. It has been taken from mostly poorer people using menaces. Australia is probably not going to turn to Socialism any time soon, and payment based on skinning so many cows per hour, or putting in so many hours per day have given many in many areas to payment for improved efficiency which results in us being able to buy lower cost consumables; just go to K Mart or Target and compare what you pay for a work outfit including boots compared to 30 years ago. I've been able to graduate to buying my clothes instead of picking up discarded clothing three sizes too small from park benches. Facthunters salaries usually reach that level provided the person meets some near impossible Key Performance Indicators, and that will usually mean he has been able to ensure the company has both increased its profit and kept its prices stable. Take a look at what Alan Joyce has done at Qantas; there's no way a turn around of hundreds of millions of dollars, from some tough decisions which were extremely unpopular with just about everyone, should be held to a salary of $95,000.00, just isn't going to happen. Link to comment Share on other sites More sharing options...
Bruce Tuncks Posted August 25, 2017 Share Posted August 25, 2017 It may be possible in private enterprise to show performance above the industry average and therefore earn big money. Personally I doubt it and the example of Joyce and Quantas does not impress me. People who will do nasty things to others are two a penny. BUT I was referring to government salaries, which have no relation to the sort of performance measure referred to. The only performance which counts is how good you are to sucking up to those above you. Link to comment Share on other sites More sharing options...
jetjr Posted August 25, 2017 Share Posted August 25, 2017 $600 K Think heads of ASA earn more and theres been recent questioning of $40K PER MONTH credit card limits being used Link to comment Share on other sites More sharing options...
Downunder Posted August 25, 2017 Share Posted August 25, 2017 But the head of CASA gets over 600,000.Wow thats obscene You had better sit down before reading this Bruce! 600 grand is peanuts. The ex CEO of Australia Post was paid 5.6 million last year....... I believe part of that was 1.2m in bonuses which he "donated" to a charity run by his family members. Tax dodge anyone? The new CEO is "only" on a potential of 2.8m........ Australia Post’s new chief executive has been revealed. Link to comment Share on other sites More sharing options...
turboplanner Posted August 25, 2017 Share Posted August 25, 2017 It may be possible in private enterprise to show performance above the industry average and therefore earn big money.Personally I doubt it and the example of Joyce and Quantas does not impress me. People who will do nasty things to others are two a penny. BUT I was referring to government salaries, which have no relation to the sort of performance measure referred to. The only performance which counts is how good you are to sucking up to those above you. I think you've got a good point with government salaries. I know one clueless head of a department who has spent the last ten years travelling the world to "conferences" at my expense. I know a Council CEO who is a sponge on $330,000.00/year + expenses+luxury car and isn't worth $45,000.00/Year 2 Link to comment Share on other sites More sharing options...
jetjr Posted August 25, 2017 Share Posted August 25, 2017 Farhoud was due for around $10 mill in final payout from Aus post Link to comment Share on other sites More sharing options...
Downunder Posted August 25, 2017 Share Posted August 25, 2017 Farhoud was due for around $10 mill in final payout from Aus post Yes. Just in Ahmed Fahour paid $10.8 million after quitting as Australia Post CEO Link to comment Share on other sites More sharing options...
facthunter Posted August 26, 2017 Share Posted August 26, 2017 The ratios (multiples) of "Ordinary time" earnings just keep expanding for these type of execs. You would have to be god to deserve that much money. When you meet many of them they are just mortals with all of the normal failings but usually more "focussed" is a word sometimes used. Ruthless, backstabbing, of dubious integrity and greedy might be substituted. In some cases. No, i'm not jealous of them, don't want to be like them either. Nev Link to comment Share on other sites More sharing options...
turboplanner Posted August 26, 2017 Share Posted August 26, 2017 The ratios (multiples) of "Ordinary time" earnings just keep expanding for these type of execs. You would have to be god to deserve that much money. When you meet many of them they are just mortals with all of the normal failings but usually more "focussed" is a word sometimes used. Ruthless, backstabbing, of dubious integrity and greedy might be substituted. In some cases. No, i'm not jealous of them, don't want to be like them either. Nev The type you are talking about also promote short term "stints"; the idea is for them to do some cost cutting, (usually inappropriate areas. which produces long term profit degradation), show some profit years, then move on. As soon as they leave of course the company starts paying for the inappropriate cuts, but that doesn't stop the ex supermanager piously telling everyone his successors weren't up to his standards. You can usually identify the fingerprints of these clowns, a new "PA" (the defacto manager), promotion of "delegation, employee "no 'i' in team" training and a lot of other worthless time wasters, meetings where he is the silent "Chairman" and the real people make the good decisions. (I worked with one who would say nothing for most of a meeting, but would appear to be totally absorbed in the PowerPoint slides people were presenting. A couple of times during the meeting he would ask the person to go back a couple of slides, pause for a moment, say something neutral like "......that's what I thought" and then allow the presentation to go back to where it was; nice party trick which he kept up for years. However, you two are cynics; There are a few public servants I know, who are so good at what they do that they punch WAY above their salary weight, and the $350,000.00 you are talking about Bruce would be petty cash compared to the improvements and savings they've made. The Minister does direct the Head of Department, but primarily he is engaged in the public face of the Department's work, and flits in and out of Parliament. If you ever have a meeting with a Minister you'll notice he grabs someone (or two or three) from the Department, and if you start getting into specifics, they will start talking and the Minister will start nodding; even the Minister knows they are more skilled and credentialled than he or she, so I don't have a problem with higher salaries but they MUST be earned. Link to comment Share on other sites More sharing options...
facthunter Posted August 26, 2017 Share Posted August 26, 2017 Of course there are some good ones but no human 's WORTH say 15 million per annum, unless they are risking their life in a necessary to have done, high risk venture no one will volunteer for in the normal way. Nev 1 Link to comment Share on other sites More sharing options...
JEM Posted September 9, 2017 Share Posted September 9, 2017 Of course there are some good ones but no human 's WORTH say 15 million per annum, unless they are risking their life in a necessary to have done, high risk venture no one will volunteer for in the normal way. Nev PS. Check the governing bodies forum for the latest from Airservices Link to comment Share on other sites More sharing options...
turboplanner Posted September 9, 2017 Share Posted September 9, 2017 PS. Check the governing bodies forum for the latest from Airservices ? You just posted in governing bodies? Link to comment Share on other sites More sharing options...
JEM Posted September 9, 2017 Share Posted September 9, 2017 ? You just posted in governing bodies? Yes thread is Update your ERC Low Vic Cheers Jem Link to comment Share on other sites More sharing options...
turboplanner Posted September 9, 2017 Share Posted September 9, 2017 OK Thanks Link to comment Share on other sites More sharing options...
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