Qantas has returned to profit, shareholders are smiling and the airline has paid chief executive Alan Joyce an eye-watering AUD 11.8 million for his role in the turnaround. So everyone is happy, right? Well, not quite.
Joyce’s pay-packet-on-steroids represents an increase of 490% or nearly AUD 10 million more than last year, when the Qantas Group recorded a $2.8 billion loss.
The union has lashed out at the size of Joyce’s pay packet and the over AUD 23 million pay packets of the airline’s top management. It says the huge sums are an affront to the carrier’s employees.
Nearly 5000 full-time jobs at Qantas have been lost and replaced by 9000 part-time jobs, Tony Sheldon, the TWU’s national secretary says.
“This salary and bonus announcement will be a bitter pill to swallow for employees on part-time jobs who cannot support their families. It is a slap in the face for families crippled by changes at the company,” Sheldon said.
“Management are paying themselves millions while thousands of employees in the Qantas supply chain are on wage freezes and forced into part-time work. You can’t pay full time bills with part time pay.
“This is an industry where 21% of employees are earning below the poverty line. Qantas employees are paying for these outrageous salaries and bonuses.
“There is no justification for this level of greed,” Sheldon added.
The TWU says the workforce is calling on Qantas to end to redundancies and provide job security at the airline.
“Employees want to be well trained to deliver quality service to customers. Instead Qantas awards low cost contracts where employees are hired on low pay and conditions.”
“Qantas needs to improve conditions for all workers at the airline instead of just remunerating its top executives,” Sheldon said.
Written by Peter Needham