Budget problems

Even though we are faced with a shortage of funds due to the budget, at least we know that our funds are not used to give managers a ridiculous raise. That is the good thing about the public sector. It is reassuring to know that we do not blow our money on "golden parachutes" or bonuses like that of the private sector.

Here is an example of a company that I used to work for and how it is doing its employees wrong:

In 2003, while United Airlines Pilots were furloughed, took paycuts of over 30%, gave up vacation, retirement and medical benefits, and agreed to work rule concessions and changes (all to help United Airlines and their careers):
-Glenn Tilton received an increase of over 100% in salary
-Doug Hakcer received a $60,000 per year salary raise and a $2 million bankruptcy exit payout
-Jake Brace received a $20,000 per year salary raise and a bonus of $232,500
-Pete McDonald received a $140,000 per year salary raise and a bonus of $226,500
-Paul Lovejoy, in his first year as an executive at United, received a bonus of $212,500.

And just when we thought that the grass was greener on the other side....