I promised myself that I'd keep off of the thread but "crass bad management" is just too much?! How did you get to that conclusion?
So you don't think it's crass to tell one group of employees there's no choice but to work harder for less, while lining yourself up a nice little bonus? Maybe they're worth it, maybe they're not, my comment was on the way this was done in the middle of an acrimonious industrial dispute.
Vesting? Sorry mate .. you've created a term to make you look clever and make this seem something more complex than it is.
Maybe it's time you read the remuneration report section in the Annual Report?
To say that it is somhow wrong to offer directors a bonus that is only payable if they increase the value of the company and only once they've bought shares is testing even the most anti-BA managements rant buds.
I may have misread it but I thought these employees were offered Options which vest under certain circumstances and after a particular date. If that's the case, it's basically like giving someone a cash bonus - they don't have to own the stock for more than a very brief period to reap the reward.