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Love Ned the Bear

27 Feb

He’s a regular on Club Troppo, and I always note whenever it appears in my Google Reader. But this one I love so much I have to share it directly.

ned27-02-09_telstra

Ah Sol! (Be careful how you say that…)

In case you don’t know what this is about, read Departing Trujillo flags more job cuts. See the obscene juxtapositions in a related story:

Federal Industry Minister Kim Carr says there is an extraordinary double standard when it comes to executive pay and worker benefits.

The clothing manufacturer Pacific Brands this week sacked more than 1,800, but last year its top executives received more than $7 million in pay rises.

Outgoing Telstra CEO Sol Trujillo is also due for a multi-million dollar payout.

Senator Carr says the executives need to explain.

"What I’ve seen for many years is there seems to be a great disparity between the way in which executives are treated and the way in which workers are treated," he said. “Look at what’s happening with Telstra. I find it quite extraordinary. There’s an enormous double standard about what happens on the shop floor and what happens in the boardroom." – ABC.

Hard to disagree.

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Posted by on February 27, 2009 in Australia, Australia and Australian, current affairs, globalisation/corporations, other blogs

 

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