[LINK] $300,000+ a year?

[Stephen Wilson]

The real story is how piss poor our politicians' salaries are.

For an organisation responsible for expending 50 billion dollars, the 
NBNco execs' pay scales don't seem excessive to me.  I wouldn't expect 
the top end pay to be much more than $500,000.

Good luck finding 51 Linkers who would step into those roles.

I worked for a US biomedical company in the 1990s with pretty fat 
management.  There were 40 "vice presidents" each paid more than 
$150,000 [17 years ago], 2000 staff worldwide, and revenues of some 
$300M.  By that standard, NBNco isn't unusual.

Cheers,

Steve.

Stephen Wilson
Managing Director
Lockstep Group

Phone +61 (0)414 488 851

http://lockstep.com.au <http://www.lockstep.com.au>
Lockstep Consulting provides independent specialist advice and analysis
on digital identity and privacy.Lockstep Technologies develops unique
new smart ID solutions that enhance privacy and prevent identity theft.




On 10/06/2011 3:40 PM, stephen at melbpc.org.au wrote:
> Although a strong NBN-via-fibre supporter (even though living in our
> non-NBN-fibre country town), 51 @ $300,000+ does seem quite generous.
>
> Dare one ask, are any linkers for example, paid $300,000 plus a year?
>
> <http://www.abc.net.au/technology/articles/2011/06/10/3240688.htm>
>
> PAUL MURRAY: "The story in the HeraldSun today shows that 51 executives
> in NBN Co. are on more than $300,000 dollars a year. Which is more than
> our Premier in WA earns. (With currently altogether, 1000 employees and
> 560 subscribers). Is that a sign of a business that's out of control?"
>
> Cheers,
> Stephen
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>