Originally Posted by ryane946
I have some comments.
3. Exec bonuses. The exec bonuses are fair. The number 400 manager at United makes about $85,000 a year. That is less than almost EVERY pilot at the airline. Executives are underpaid for their field of work, and a bonus is certainly within reason, especially sticking with the airline during bankruptcy. Executives are in high demand. Their compensation is not on par for their line of work. They deserve the bonuses.
4. Why do many people on this forum attack executives. If you are so envious of their job, why don't you try to become an executive??? Oh wait, you might have to work more than 20 hours a week. They are more important, they are in demand, they did their job. They deserve a stock bonus.
I am an ex-military officer and ex-fortune 500 manager. I did very well by my mid-30's, which allowed me to go fly airplanes full time.
About 40% of typical corporate management is made up of politicians, professional liers, cheaters, and criminals. It turned my stomach on a daily basis to have to associate with that sort of filth. Several other military guys I knew bailed out to go back to the service or into business for themselves for this reason. The management at my airline is worse than typical, I don't know about other airlines, but the apparant track record is abysmal.
American corporate management is broken. Part of the problem is demographics...todays exec with that distinguished touch of gray is REALLY a self-indulgent, petulant little baby boomer who never got drafted and grew up in cocaine culture of the 70's & 80's. They're just a pack of itinerant scam artists who jump from one victim...er, job...to the next. They stay long enough to exercise their stock options, but not long enough to understand or really give a **** about the organization. Everybody is just grabbing what they can take, but nobody on the management side is putting back in...eventually the well's gonna run dry...