On 5/4/2003 KCFlyer wrote:
No, it''s not limiting you to Wal Mart security guards. That $42,000 runs the gamut between Wal Mart security guards and folks like Bill Gates. $59,000 per year is a considerable amount more than the median household income in the United States.
Unlike executives we dont get to determine how we pay ourselves
Neither does 99.99% of the people in the US. Aside from those in commission sales, we pretty much make a salary that is not determined by us.
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On 5/4/2003 10:55:09 AM KCFlyer wrote:
By the same token, why is there such an outcry about executive wages? They are, after all, in line with those in their profession. In fact, airline execs compensation pacakages tend to lag behind others in similar positions.
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Because in all other professions there is a balance of interests. Only executives enjoy the benifit of having other executives determining what they are worth. Veru often executives sit on several different boards together. Obviously there is a conflict of interests in this situation. Could you imagine if all professions could determine compensation in this manner? Executive compensation is not determined by market forces but rather by an "old boy" network.
That $42000 also runs the gamut from New York, San Franciso and every one horse town in between. Obvuiosly some places cost a lot more than others to live, most industries take this into account, but not most airlines. SWA is one that does. Perhaps if I lived in KC I would consider this compensation adequate, but not here in NY. As far as moving, why should I, is it unreasonable to expect a salary that is fitting for my skills here where I work?
If I move someone else will find themselves in the same position I''m in. The airlines resist regional differentails, they at one time just paid everyone a salary that was based on NY or LAX . Now they expect people in NY or LAX to live on a Tulsa based salary. They need to have people in NY & LAX because thats where they make the money, if they want to keep it that way they better change the way they do business.
No, it''s not limiting you to Wal Mart security guards. That $42,000 runs the gamut between Wal Mart security guards and folks like Bill Gates. $59,000 per year is a considerable amount more than the median household income in the United States.
Unlike executives we dont get to determine how we pay ourselves
Neither does 99.99% of the people in the US. Aside from those in commission sales, we pretty much make a salary that is not determined by us.
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On 5/4/2003 10:55:09 AM KCFlyer wrote:
By the same token, why is there such an outcry about executive wages? They are, after all, in line with those in their profession. In fact, airline execs compensation pacakages tend to lag behind others in similar positions.
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Because in all other professions there is a balance of interests. Only executives enjoy the benifit of having other executives determining what they are worth. Veru often executives sit on several different boards together. Obviously there is a conflict of interests in this situation. Could you imagine if all professions could determine compensation in this manner? Executive compensation is not determined by market forces but rather by an "old boy" network.
That $42000 also runs the gamut from New York, San Franciso and every one horse town in between. Obvuiosly some places cost a lot more than others to live, most industries take this into account, but not most airlines. SWA is one that does. Perhaps if I lived in KC I would consider this compensation adequate, but not here in NY. As far as moving, why should I, is it unreasonable to expect a salary that is fitting for my skills here where I work?
If I move someone else will find themselves in the same position I''m in. The airlines resist regional differentails, they at one time just paid everyone a salary that was based on NY or LAX . Now they expect people in NY or LAX to live on a Tulsa based salary. They need to have people in NY & LAX because thats where they make the money, if they want to keep it that way they better change the way they do business.