my guess is they're doing this to make people feel like they're taking accountability
Usually, it would be a skill issue that could only be solved by additional training or churning headcount.
>One thing that programmers don’t care about. They don’t care about money, actually, unless you’re screwing up on the other things... You do have to pay competitively, but all said, of all the things that programmers look at in deciding where to work, as long as the salaries are basically fair, they will be surprisingly low on their list of considerations, and offering high salaries is a surprisingly ineffective tool in overcoming problems like the fact that programmers get 15″ monitors and salespeople yell at them all the time and the job involves making nuclear weapons out of baby seals. https://www.joelonsoftware.com/2006/09/07/a-field-guide-to-d...
Don't cut executive pay. Put executives in jail.
I'll bet that if Qantas ever get fined for this data breach, the fine/penalties will cost the company less than the increase in senior leadership salaries for that year.
Their pay rise for the year is greater than the cut.
In other words, they gave themselves a smaller bonus increase this year.
Not "no bonus".
Not "no bonus increase"
A smaller increase in the bonus.
The French chopped their aristocrats' heads off in an era of smaller income inequality than we're seeing in western countries today.
SilverElfin•4h ago
guiambros•3h ago
I bet you we'd drastically reduce the number of companies get hacked overnight.
bigiain•5m ago
This is just bullshit media-spin.
> Qantas has slashed short-term bonuses for its senior leadership
> Group CEO Vanessa Hudson will see her pay slashed by A$250,000
> the annual report shows that Qantas’ senior leadership salaries were higher than the year-ago period, despite the bonus cuts. Hudson’s annual salary, for example, stood at around A$6.3 million, higher than the A$4.4 million in the previous financial year.