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Continental execs qualify for bonuses
http://www.usatoday.com/usatonline/2...5/4534316s.htm
"Continental Airlines CEO Gordon Bethune qualified for a $162,800 first-quarter bonus, in effect because his company lost less money than its rivals. The airline's first-quarter operating loss, excluding write-offs, was less than a targeted $126 million, so Bethune and other senior executives earned bonuses equal to 62.5% of their salaries." So what bonuses did the passengers qualify for? |
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by Spiff: So what bonuses did the passengers qualify for?</font> ------------------ Not sure where I'm going, but I'm getting there fast. |
And the gap between the haves and the have nots grows ever wider.
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Yeah, and what it takes to be considered a "Have" by a "Have Not" is considerably less than it once was. But that's another topic for another time.
I think we now know why we have beverage charges in Int'l coach now. And this certainly explains the "No Waivers or Favors" rule. Looks like we're feeding a bonus fund! http://www.flyertalk.com/forum/mad.gif |
No executive in a company should be paid a bonus in a year where there are no profits or when there are significant lay-offs or salary/benefit reductions for employees. This is in such poor taste and a slap in the face for employees.
What is the bonus payout for the gate agents because of this wonderful performance? |
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