FlyerTalk Forums - View Single Post - Protected pensions for AMR’s execs
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Old Apr 17, 2003 | 8:39 am
  #14  
tom911
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Granted the execs are taking pay cuts, but they do seem a little out of line compared to what the line employees had to take (maybe except fo Carty). From this morning Miami Herald:
Managers' salary cuts follow a graduated scale with incremental trims. The first $30,000 of their salaries will be reduced by 4 percent, the next $30,000 by 7 percent, the next $30,000 by 10 percent and for those earning over $90,000, 13.5 percent. For officers, the top slice will be 17 percent, with the exception of Chairman Don Carty, who will see his full salary hacked 33 percent.


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