This has been happening at AMR/AA since pilots, attendants and mechanics made huge concessions to save our company from bankruptcy back in, I believe, 2003. Since 2003, we have been living on my husband’s salary which is still 40% LESS per year than his salary in 2003.
When pilots and employees are being furloughed, and we’re trying to save our company, I’m sorry, but NO one should be receiving bonuses until we are all back onto the playing field.
Good points...I can understand
There are just too many comments on here from people who have no clue on running a business...or what goes on in running a business.
The majority of Americans who work for a living will take cuts in pay to save their jobs and companies....unfortunately too many executives these days lack the same loyalty to their employers.
And, we are getting a lot of “failed executive love” from the “living in parents basement” crowd
If this was a smart business decision there would be nothing unreasonable about paying its executives performance bonuses. It's possible for an executive to perform relatively well in a downturn as well as a growth economy even if the company's profits decrease; bonuses should reward executives for performance relative to peers and other benchmarks rather than absolute performance.
I agree. It shows how business has lost their minds recently and think they are somehow entitled to the huge salaries-almost a welfare mentality.