If you look at any organization,the top paid individuals will always be management and critical staff. In KQ,that means the pilots. Alot of responsibility is placed on their hands,lives of people and those $$$$ aircrafts. They will always be paid alot. How much you earn always depends on how much responisibility you have.
My boss's salary can pay 5 of us,i dont complain,i just work hard to get my money and hopefully i will be the boss one day.
150% rise is ridiculous,however,it depends on how big the rise will affect the payroll. if 80% account for 20%,then it actually means that the payroll will only go up by 30%,which may be possible. In the year 2007-2008,the wage bill was 7bn. an increase of 30% in this will make the wage bill 10.5bn. That wipes out all the profits for that year.
Fact: Erosion of shareholder value.
The company's management will always look out for the shareholder value first. The employees and others are subsidiary. I see people going home.
But maybe the top guys need a cut in salaries,i think they are over-compensated. I dont know how much the pilots and management are paid,but the ratio speaks volumes.