Forum Archive Index - October 2001

["Phil Boeyen" <pboeyen@sharechat.co.nz>]

I would have thought that in general terms bonuses are paid for "doing
better than expected" or reaching certain targets.  Surely the base-line
goal for any management is to at least break-even, next up is to make a
profit, then to make a better than expected profit.  Once this happens,
bonuses can be paid.  While different managers have different bonus
conditions in their contracts, with the size of salaries that these people
are already on I find it hard to accept that they get a bonus for putting in
extra hours - or was the money paid for not walking away?

Cheers, Phil

----- Original Message -----
From: "That Guy" <thatguy101@hotmail.com>
To: <sharechat@sharechat.co.nz>
Sent: Wednesday, October 03, 2001 11:32 AM
Subject: Re: [sharechat] Air New Zealand - a comparison


> Hmmmm
> I wonder if the management of Swiss Air will get any sort of bonus. Do you
> think managers of the all the troubled American Airlines will get any sort
> of bonuses from putting in long extra hours in terms of recapitalising the
> ailing airlines ? Maybe. The thing we must see here is that bonuses are
paid
> all over the world to management that put all there time and effort into a
> business. Someone has to make decisions, and interms of Air New Zealand
> decisions were made, unforseen circumstances such as fuel prices and
> groundings along with in desisive governments should be looked at as well.
>
> Regards
>
>
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