|Quoting Coewraatysaz (Thread starter):|
Glenn Tilton is one of the biggest thieves ever. I cannot believe that this is allowed to happen. This just goes to show you union's aren't worth sh*t. You pay all that money in dues and they have no muscle whatsoever to stop all of those wage and benefit cuts from going to the pigheaded bastard's pockets!!!
Your reply shows how little you know about the business world.
|Quoting CuriousFlyer (Reply 6):|
40mm is still scary, even if part of it is not guaranteed. CEOs nowadays make insane salaries, they should not be earning more than a 100 times what their average co-worker gets
Doesn't a CEO have 100x (or more) responsibility than the guy loading bags?
|Quoting Spartanmjf (Reply 7):|
According to an article in the Baltimore Sun last week, Southwest Airlines Co.'s chief executive Gary Kelly received a salary and benefits package of $976,021 in 2006 as the airline posted its 34th continuous year of profitability.
What the article does not state, I presume, is how much his retirement package is (he will retire some day, and it's already been negotiated, most likely) and how many stock options he holds.
|Quoting JEdward (Reply 10):|
I doubt anyone will disagree that good people are hard to find, especially for upper management, but do you really think Tilton did UAUA $40,000,000 worth of service?
I am guessing he is one of the few people who stepped up to the job and took the risk. If UA
doesn't emerge from bankruptcy, he gets nothing, and gets blacklisted.
|Quoting JEdward (Reply 10):|
With regards to executive compensation, Kelly, Kellner and Grinstein have taken their respective airlines through hard times yet their compensation is far short of Tilton's. Moreover, their companies seem far better poised to deal with the challenges the market will throw at them.
That is purely opinion, based on what? United Airlines is no longer in bankruptcy, if I understand correctly. Therefore, Tilton did the job he promised.
|Quoting COewrAAtysAZ (Reply 13):|
Whatever you Tilton supporters say, NO ONE, let me say that again, NO ONE is worth $40 million IN WHATEVER WAY AND Irtysh-Avia (Kazakhstan)">IT COMES. I don't care if your Tilton, Derek Jeter, Peyton Manning... NO ONE is worth $40 million.
I mean, come on... A CAR AND DRIVER? Hell, when you're making $40 million why can't you just by the Benz and drive it yourself? You guys are ridiculous if you think that type of salary and benefits is actually justifiable.
Funny, you probably pay 50, 100, 200 dollars to go see a professional sports event live, or pay insane amounts of money to watch NFL or NBA or MLB on a specialized channel. Derek Jeter is paid Tilton's salary EVERY MONTH for hitting a ball with a stick (and, apparently, not very well) yet, somehow, people feel he's "worth it" when it comes to the high compensation.
This is a society where people like Tilton gets scolded for earning a high salary, but it's ok for teams to pay people like Jeter and Manning ridiculous amounts of money for something as irrelevant as football or baseball. If you have ever paid 50 dollars to watch a game, or bought a 35 dollar team jersey, or paid 20 dollars for an autographed picture of an aging sports "hero," you have no business criticizing those who make a lot of money for the work they do. And don't forget, I am a teacher and I'm not rich.
Faucett. La primera linea aerea del Peru.