Yet this whole thread has been appealling jealously the other way regarding Cabin Crews wages in relation to others. A point that is always bought up in bankers threads, bonuses or pensions but now it's lowly cabin crew its an outrage.
Not really, this whole thread has been about how their expectations are unrealistic and they are driving the company into the ground through blackmail and intimidation by putting massive inconvience on the customers.
I'm not at all jealous of the CC salary, but they need to see it is unsustainable and unrealistic for the job they do.
Then the one time someone points out the CEOs wages we are back to jealousy.
Because it was a red herring. If we are going to look at Walsh's compensation package in the same way, we need to be comparing it to other CEOs, not the cabin crew, to see if he is being paid 100% more than comparable positions with other companies.
Its clearly not that hard to replace these people at the top, the CEO of EasyJet handed in his notice after being paid a £236,000 bonus for completely guessing the fuel price wrong, which cost EasyJet £200 million and they didn't have any issues finding someone to step into his shoes within 5 seconds.![]()
It's easy if you're paying market rate wages for the role. Personally I wouldn't want the workload most CEO's actually do, even for their massive rates of pay.
It wouldn't be hard to replace Walsh it's not like he's doing a great job.
It wouldn't be hard to replace him at market rates, no-one has established that Walsh is being paid over the odds, only to make an irrelevant comparison.