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SAS top executives were paid bonuses to stay as the company while workers were forced into pay cuts and lay offs

Friday, 11 January 2013
Not long ago the Scandinavian leading airliner, SAS had almost gone bankrupt blamed on lack of cash. The company had to struggle to cut down cost and make some of its worker redundant and forced some to agree on harsh working condition as "sacrifice" for the company to survive.

All this however, happen in a way that the top officials of the company remain un affected by the austerity measures and kept huge bonus while those of the lower echelon on the company gasped for breath.

When this was made known to the public via Norwegian business news website, E24 today, the Unions went berserk. Also many SAS employees have reacted strongly to the news that managers in the ailing airline received half salary extra to stay in the company.

"There have been strong reactions, and it is likely to explode in Sweden when it becomes known," says Stig Bakken Lund, president of Verkstedsklubben (worker Union) at SAS Norway to the Norwegian business news site E 24 .

Lund Bakken says that the union cannot accept that managers received a significant wage increase while Verkstedklubbens members received pay cuts and layoffs.

Bonus agreement covers 15 executives at SAS. Unions are now demanding to know which managers are receiving bonuses and who made the decision.
Lund Bakken believes that the person responsible should resign.
"Yes, indeed. We are happy to work together with management to manage SAS crisis, but we can not agree on cuts and possible layoffs while working with managers who do not understand how stupid and immoral it is to take an increased salary to stay in the company during the crisis," says Lund Bakken to E 24.
Scancomark.com Team


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