I have just heard on the TV news, that the retiring chairman of the Commonwealth Bank is to be 'paid' $30,000,000. How can this obscene ammount of money be justified? No-one is worth that ammount of money, unless they have made it by honest hard work. I am also incensed that the incoming CEO for Telstra is to be paid $10 to $11million as his annual salary. He has also indicated that after he takes up the position on July1, there is the possiblity of a hike in service charges. It has been hinted in the media, that it might include timed local calls. How are the battlers of this country supposed to afford any more of these fee hikes, when they are so isolated and a telephone is an essential requirement in the Bush?Telephone call charges are far too high, and in light of these so called salaries, it is not to be wondered at. Where will it stop?
1 comment:
$30m is a lot of moolah for leaving a job. But just what is it made from - salary, bonuses for performances, superannuation and other things. It probably isn't nearly as bad as the figure makes out.
Still, you don't want to turn over staff like that too often.
Post a Comment