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Looking through LinkedIn, there are a number of IT, Risk positions open but there not competitive and looks like BA maybe be going for the patch now sweep under the carpet approach. Major Cyber attack has already taken place and you would think they have learnt there reasons now after record fines brand damage. Maybe this is the BA way 🙂
I don’t buy the volume of talent argument @jj. I work with around 1,000 UK-based world-class software developers who are all UK-based. But we pay them exceptionally well: probably 50-100% more in total benefits (salary plus RSUs) than most IT people. I don’t think any of them would get out of bed for what the likes of BA will pay and whatever miserable benefits they offer.
And that’s all down to poor management. If you don’t see IT as revenue-generating, then you look for the cheapest cost.
Peanuts, monkeys. But then the CEO is happy to get paid peanuts, so what do you expect!
The data shows that median pay for a FTSE 100 chief executive increased from £4.1m in 2022 to £4.19m in 2023
BA is a subsidiary of IAG so how much are you expecting the BA CEO to be on and what makes £1.5m peanuts is probably the fact the IAG share price is pretty poor over the last couple years.
@TGLoyalty – so basically a pay decrease given inflation. CEOs compete in a global environment, just like in IT. You pay the market rate or often get left with the dregs (not aimed at Doyle or anyone). I have no idea if Doyle is worth more, but the Big 4 are probably paying their partners at least half of his salary.
Willie Walsh was getting £6.4m in 2014, and the CEO is getting £3m in 2023 with a 200% bonus cap. If the guy is worth it, pay him. If not, get someone else. (I am available Thursdays for interview) 😁
…If you don’t see IT as revenue-generating, then you look for the cheapest cost…
Foregone revenues don’t seem to register within IAG.
Well you can’t chase yesterday’s revenues, but tomorrow’s revenues quickly becomes yesterday’s.
Time someone told them BA is an IT company with planes, rather than the other way around.
Well you can’t chase yesterday’s revenues, but tomorrow’s revenues quickly becomes yesterday’s.
Time someone told them BA is an IT company with planes, rather than the other way around.
Many businesses have been caught napping as IT turned to digital and costs turned into opportunity.
You can’t afford to just try and manage IT costs down.
@TGLoyalty – so basically a pay decrease given inflation. CEOs compete in a global environment, just like in IT. You pay the market rate or often get left with the dregs (not aimed at Doyle or anyone). I have no idea if Doyle is worth more, but the Big 4 are probably paying their partners at least half of his salary.
Willie Walsh was getting £6.4m in 2014, and the CEO is getting £3m in 2023 with a 200% bonus cap. If the guy is worth it, pay him. If not, get someone else. (I am available Thursdays for interview) 😁
And £3.2million in 2019 and much less in 2020 onwards as some of it was shares which dived 60% or so since they were awarded.
The executive pay landscape is just very different to 2015 and in reality the CEO of BA is getting far from peanuts.
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