Will we finally get our parcels delivery?
and in 1 piece too?
Australia Post CEO Ahmed Fahour resigns.Your thoughts please?
grabngo on 23/02/2017 - 15:16
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Never really had a problem with AusPost, I don't understand all the sh*t they receive.. I've always personally known the posty everywhere I've lived though, so maybe that's the difference.
NO money left in Auspost for him?
I work for Star Track and Aus Post owns Star Track. So he is my CEO.
Hes done good for the company but im only on like 49k and been there few years… I wish he would share the money with us more. Thats my only issue. Pay gap is too massive.
Dear chingy.
unfortunately for u,he has brain washed u.
Have a close look at the senate enquiries and what he doing to the licensed post office network.
U are earning a wage and carrying on .
Licensees have sold their houses and cashed in their super annuation to make a few bob and all he has done is screw them over.
You being an employee,are only told the good things that your boss is doing for u.
Regarding your pay issue,you and posties are expected to do more work for less money while contractors and being given less work and given the boot.Someone makes a statement that you disagree with, and your conclusion is they've been 'brainwashed'?
No, what happened is you were abducted by aliens, taken to Mars and interfered with in physically degrading ways, and then sent back to us in order to make silly statements.
That's what happened.
I know, as i was one of the aliens…
Now to send his severance package via Australia post…
In all seriousness He probably retired Considering he is worth five million dollars…
He doesn't want to work on Sundays anymore.
There is simply not enough transparency in the Government sector.
This has allowed money hungry wealthy businessmen to exploit the system, leaving poor tax payer even poorer.
This is human nature and a downside of capitalisation.Nothing like a paypacket topic boosted by a muslim ceo to bring out the misinformed the miserable the jealous the ignorant and the massive chip on the shoulder comments. aka The Current Affair crowd.
Everyone commenting is making it like they wouldn't take the pay of offerred to them. Get off your high horse. He worked harder than you and got his dues. He turned a non profiltable business into a very profitable business.
He will now move to the private sector and make more money.
Haters gonna hate
Turning it profitable by raising prices.
Australia is massive.
0.70 to send a letter was killing the companyim not sure what you do for work, but if you offer a product which you are selling at a loss, you would do one of two things, increase the price or remove it from your product listing.
for Australia post, the 2nd option is not possible so they went for the first.
btw they are still making a loss on postal deliveries. if you cant see the need to increase costs when something is making a loss, well all the savings you make on ozbargain is not enough my friend
"He worked harder" - Did he work 120 times harder than the median worker? 'Cause that's the pay difference we're talking about.
Welcome to the world we live in
Does Ronaldo or Messi work harder?
CEOs are paid those sums because the average person can't do what they do ( in most cases )Formula for CEOs :-
1) Sack workers until those remaining start quitting from overwork and underpay.
2) Increase prices until your customers look for alternatives (if you have a monopoly HA HA)
3) Profit
4) When the Public/Shareholders find out take your golden parachute and run.
"He turned a non profiltable business into a very profitable business"
The 2004 profit before tax that Fahour inherited as CEO appears to be around +$521 million.
He took over December 2009 so 2004 results are irrelevant
In millions
2004 $521
2005 $469
2006 $515
2007 $561
2008 $592
2009 $380
2010 $103Hmmm:
http://www.theaustralian.com.au/business/australia-post-post…
'Australia Post posts first full year loss in 30 years' (2015)
For that much money you'd expect almost perfect performance; as in increased profit and increased customer satisfaction. I get that most CEOs probably justify their pay using profit only (cough Joyce, cough banks) but who knows about the long term damage as usually it involves gutting the company? (cough Telstra and Trujillo).
Took a 4 business days for a package to go from Docklands to Footscray - about 2.5 of those days it was sitting in the same warehouse in Sunshine as shown by tracking.
Even if he did a "good job", a bit like the NY Fireworks I find it hard to believe there is a difference between a cool $3 million and $5.6 million CEO … for an Australian sized company.
The tracking updates when it reaches the DC at the end destination, it isnt scanned every day by the truck or train driver. So those days it was in transit.
Holy crap, the money saved could take Australia out of debt!!!!
Uh what? WA alone is in billions of dollars of debt, not sure how 5million would change that.
Meh whatever..I doubt the next CEO would do much good.
Auspost have lost a lot of Mainland Chinese business. They simply cant compete with Chinese shipping company that does $4-$7/kg to China. Often I see Auspost drivers looking puzzled at the mountains of parcels of those Chinese shipping couriers do in day.
don't federal politicans get paid a pension of $100,000 indexed for the rest of their lives? their real salaries are astronomical. that is obscene. how can the government justify that?
Perhaps now the postal delivery frontline staff will be given more than just stamps for their Christmas bonus!
The Australia post delivery system is so 20 century. Slow, expensive and inconsistent. Why is it so bad? Is it because the market is too small or there is not enough competition?
Why I am not OK with his salary is I was waiting for a land title to be delivered by registered mail. I waited on the front lawn and heard the motorbike and waited at the letterbox. The postie gave me a card of missed delivery by hand. The item wasn't even in his basket. He admitted filling in the cards before 7am, never putting the item on his bike and never attempted delivery. These are the guys trusted to deliver mail and they are frauds, pretending an attempt was made for a service that was paid for. This is commonly reported and not isolated. Australia Post must be one of the shonkiest companies in Australia as they do not even attempt what has been paid for. I cannot readily think of a more widespread scam by a company.
Mark Latham on Outsiders yesterday -"Ahmed it isn't the colour of your skin, it's because you're a greedy cake hole"
Am getting very disappointed with our system. Is gettting more and more corrupted.
Lucky we dont have this as an additional free service! - http://www.belfasttelegraph.co.uk/sunday-life/northern-irela…
There is an easy solution to this - peg the pay of all executives in public owned companies to a federal members salary. You are a public servant - you have sacrificed some money for the betterment of our country. After all Fahour said he was willing to do it for free.
"I would have deliberately stayed, I would have worked for zero pay just on that principle basis."
http://www.abc.net.au/news/2017-02-28/chairman-admits-a-mist…
You may say "if you pay peanuts you get monkeys", but we are paying caviar and still getting the same monkeys…
Auspost wouldn't publish his 2014/15 salary.
They then tried again in 2015/16 saying the information was personal and sensitive and should not be released because individuals "may become targets for unwarranted media attention, which could lead to brand damage"
http://www.smh.com.au/business/senate-committee-denies-austr…
I don't really care about his religious affiliations - If you need an imaginary, invisible friend who lives in the sky to tell you the difference between right and wrong, that's your problem not mine.
I do care about manifestly excessive pay for CEO's of public owned companies. Both he and Auspost obviously thought it was an embarrassing amount - hence the "donation". I also care that the donation went to his family.