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From: | Brian Gale <brigale@i4free.co.nz> |
Date: | Sun, 29 Oct 2000 10:40:55 +1300 |
Hi Snoopy I must admit that I was rather ' tongue in cheek' when I looked at the number of executives earning over $100k but some of these are on a commission basis. The improvement in the last year came largely from cost cutting rather than increased turnover, the latter being a disappointment, but hopefully there may have been a lag between farming improvements and benefits to WRI. With ' hawk eyes ' like Ruth Richardson and Alan Gibbs on the board I would have thought that the number of well paid executives would have come into sharp focus for further cost cutting. It would be interesting to know what the 60 actually do ! But again you can't run an organization without people of the right calibre who need to be paid well if they are to be retained. Just chopping staff seems to be rather simplistic to me. Regards Brian ---------------------------------------------------------------------------- http://www.sharechat.co.nz/ New Zealand's home for market investors http://www.netbroker.co.nz/ Trade on Credit, Low Brokerage. Join now. ---------------------------------------------------------------------------- To remove yourself from this list, please use the form at http://www.sharechat.co.nz/forum.shtml.
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