US Airways CEO's pay valued at $5.4 mil in '07

[700UW]

Article

 

[cltrat]

they should be there to arrest him for stealing or impersonating a CEO

what I'd like to know is what Kirby got if you've ever meet him you know the next clue he gets will be the first on operating an airline

 

[deltawatch]

U.S. Airways (LCC - Cramer's Take - Stockpickr), an air transportation provider, has been downgraded to sell. The company's debt-to-equity ratio is very high at 2.79 and exceeds the industry average, implying very poor management of debt. Its quick ratio of 0.87 is also poor. The gross profit margin for U.S. Airways is currently 6.5% and has decreased significantly from the same period last year. Net operating cash flow has significantly decreased to negative $25.0 million.

Return on equity has also decreased year over year to 11%. This is a signal of major weakness within the corporation. Shares have tumbled 83% in the past year, consistent with a significant decline in earnings per share. U.S. Airways had been rated hold since TheStreet.com Ratings initiated coverage on April 25, 2006.

 

[usjacket]

:angry: The gap in pay between the front line employees and upper management in this country is getting more obscene and disgusting every day!!!!

 

[SS255]

And to add insult to injury, the folks at the top are completely out of touch with the worker bees, which tangentially has a tremendous impact on the stock price.

Case in point:

I know of a Fortune 500 company in which parking is a serious problem. Parking is allocated by title, with the lowest-ranking employees having to walk 10-15 minutes from their cars to their cubes -- assuming they can even find a parking space. If they cannot, they must drive around looking for street parking, or use the valet service. Senior Management, of course, gets parking spaces steps away from their plush offices.

When this company was about to start a major renovation project (involving a great deal of demolition/new construction), they had some focus group meetings consisting of randomly-selected employees at all levels of the company. The biggest single "suggestion" which came out of the focus groups was that plenty of additional parking was needed.

When Senior Management sent a company-wide report out to the employees to update them on the outcome of the focus groups, they stated that the single biggest "surprise" was that parking is a problem at this company!!! They hadn't even originally planned to add any new parking spaces, even though they were adding a ton of additional office space. DUH!!!!

I personally think that every CEO at every corporation should trade places with an average employee for one week (including swapping parking privileges).....and we'll see how quickly the CEO's improve the working environment.....or not.

 

[Poug Darker]

I know of a Fortune 500 company in which parking is a serious problem. Parking is allocated by title, with the lowest-ranking employees having to walk 10-15 minutes from their cars to their cubes -- assuming they can even find a parking space. If they cannot, they must drive around looking for street parking, or use the valet service. Senior Management, of course, gets parking spaces steps away from their plush offices.

When this company was about to start a major renovation project (involving a great deal of demolition/new construction), they had some focus group meetings consisting of randomly-selected employees at all levels of the company. The biggest single "suggestion" which came out of the focus groups was that plenty of additional parking was needed.

When Senior Management sent a company-wide report out to the employees to update them on the outcome of the focus groups, they stated that the single biggest "surprise" was that parking is a problem at this company!!! They hadn't even originally planned to add any new parking spaces, even though they were adding a ton of additional office space. DUH!!!!

At least this case study company sought input from their employees before embarking on a big project. This happens to be covered in Mgmt 101 (as I knew it in the early 80's...), is a primary technique taught by the military to their officers, and is just good common sense. You can extrapolate the quality of a company's management acumen from this formula.
Cheers.a

 

[deltawatch]

And to add insult to injury, the folks at the top are completely out of touch with the worker bees, which tangentially has a tremendous impact on the stock price.

Case in point:

I know of a Fortune 500 company in which parking is a serious problem. Parking is allocated by title, with the lowest-ranking employees having to walk 10-15 minutes from their cars to their cubes -- assuming they can even find a parking space. If they cannot, they must drive around looking for street parking, or use the valet service. Senior Management, of course, gets parking spaces steps away from their plush offices.

When this company was about to start a major renovation project (involving a great deal of demolition/new construction), they had some focus group meetings consisting of randomly-selected employees at all levels of the company. The biggest single "suggestion" which came out of the focus groups was that plenty of additional parking was needed.

When Senior Management sent a company-wide report out to the employees to update them on the outcome of the focus groups, they stated that the single biggest "surprise" was that parking is a problem at this company!!! They hadn't even originally planned to add any new parking spaces, even though they were adding a ton of additional office space. DUH!!!!

I personally think that every CEO at every corporation should trade places with an average employee for one week (including swapping parking privileges).....and we'll see how quickly the CEO's improve the working environment.....or not.

I wish every senior manager had to stand behind a ticket counter for 8 1/2 hours, without a stool, for a week ... with only 3, 15 min breaks to set down. Then think about doing it for 20 years?

Senior front line employees are dropping like flies. All kinds of health issues from prolong standing. It's costing the company more in health care than stools would ever cost. If the company thinks it doesn't look professional the CWA should demand a 15 min break every two hours in the next contract. The company's choice, stools or more breaks or more health care claims.

 

[OldGuyinPA]

It's hard to believe that ...he is compensated for the lousy leadership he provides.

I just wish...Nah it won't happen.

See you at " Happy Hour " ...

 

[REACC1]

I wish every senior manager had to stand behind a ticket counter for 8 1/2 hours, without a stool, for a week ... with only 3, 15 min breaks to set down. Then think about doing it for 20 years?

Senior front line employees are dropping like flies. All kinds of health issues from prolong standing. It's costing the company more in health care than stools would ever cost. If the company thinks it doesn't look professional the CWA should demand a 15 min break every two hours in the next contract. The company's choice, stools or more breaks or more health care claims.

JUST SAY NO TO MANDO!!!! (mandatory overtime, in the case that they can force you to stay past your schedueled time off. It is WRONG, just plain WRONG!!! :angry: )