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Alan Joyce’s mega pay packet draws harsh reaction

September 2, 2015 Aviation, Headline News 3 Comments Email Email

egtmedia59Qantas 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.

Not fair, the Transport Workers’ Union (TWU) insists.http://www.tourismlegal.com.au/

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

Currently there are "3 comments" on this Article:

  1. bruce weston says:

    well on the surface of it its not a good look and I was one who said sack him last year but he turned it around NOTE that 4000 extra positions have been created albeit not full time BUT half the workforce don’t want full time now they want flexibility , this is a dog eat dog industry and has to be micromanaged on an almost daily basis wait till our dollar goes back up and fuel prices get more ‘sensible’ and see how he goes again . The unions will need to be steady as they are prone to ‘kill’ industries with too much feather bedding but they appear to be reasonable so far

  2. WDB says:

    There are also two other considerations here:

    First, the costs of meeting this seemingly insatiable greed is actually being paid for by Qantas customers as well as those corporate savings achieved through redundancies and conversion of full to part-time jobs; the monetary component however originates with the passenger. Such tricks-of-trade as retention of fuel surcharges in the face of falling fuel prices and outrageous change fees [accompanied by declining standards of service at that] are blatant rip-offs and do NOT, in my opinion, represent the “Spirit of Australia”

    Secondly there is something VERY strange about a company – ANY company – which within the space of a year makes the largest corporate loss in Australian history and then reverses that to bestow such generosity upon a select few of its
    preferred people. Some VERY strange stage-management at work here and, I would suggest, extremely suspicious.

    Interestingly enough, I had occasion yesterday to check an availability MEL-CBR for a not-too-distant date and found that the minimum price offered on the QF website was $290, one-way and for every flight on that day. no wonder they can afford to “reward” themselves so lavishly. Qantas – spirit of rip-off!

  3. AgentGerko says:

    So the lesson is, kiddies, don’t worry if you make a $2.8 billion dollar loss because the next year you’ll get some of that loss back thanks to a lot of firings and a sharp drop in oil prices. Overall, the company has still lost money over that two year period and your workers are earning less but you can still pat yourselves on the back and give yourselves handsome bonuses, and all is happy in Wibbly-Wobbly-Qantasland.

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