Re: Delta strike possible April 17a

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>Date:    Fri, 7 Apr 2006 11:21:47 -0400
>From:    "Agarwalla, Niraj" <Niraj.Agarwalla@xxxxxxx>
>Subject: Re: Delta strike possible April 17a
>
>I don't know how much money Delta's senior management make, but I'm sure
>many of them make much less than some of the pilots. :-)  Nevertheless,
>senior management deserve to be well-paid especially given the
>responsibilities they have, most important of which is to enhance
>shareholder value.
>
>This being said, much of their compensation-- i.e. bonuses-- are
>performance-based.  If the airline makes  money, they make money.   They
>lose more money, management gets canned.=20
>
>Niraj Agarwalla
>  
>
That is a myth. There have been several surveys that show that 
profitability and total compensation have been negatively related for 
many years. Even if a poorly performing manager is booted they get 
millions just to leave.

Herman

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