Showing posts with label Trujillo. Show all posts
Showing posts with label Trujillo. Show all posts

Friday, 16 November 2007

Hope, not springing so eternal

Incomprehensible letter from Telstra today, about something called VGDL-Voice Grade Dedicated Line. The gist is that this service is fantastic, but no matter how fantastic it is, it's actually going to be discontinued.
This is how Mr Trujillo (here)gets and keeps his millions it seems, by structuring the company to offer less and less service for more and more money.
Any way despite the fact that the letter came to the Church of England (I have been trying to tell them that we have not been the C of E for 30 years but it's too hard) Any way I also wondered where we had this service, which looks like a direct line from one premise to another. It does actually list point A and point B: They are respectively 203 Flinders Lane, Melbourne & Bishop's Court, 120 Clarendon Street Melbourne.
Now did I fall asleep and become the Archbishop of Melbourne while snoozing? Have I been mysteriously transported to Victoria and not realised it?
Of course it could just be a mistake. My point? This sort of minor mistake obviously indicates that they have not got control over their systems.
Should I now spend what will probably end up being an hour of my time trying to find out if this will cause me or the Archbishop of Melbourne any further trouble. By my reckoning if I charged at Sol's rates, an hour would cost at least $7000!
Have a nice day!!

Thursday, 8 November 2007

What do you have to do?

I am not entirely clear what you would have to do, but I think I could probably do it?
That is, what would I have to do to make the $22 million that Sol Trujillo is about to be voted by the Board of Telstra (here) even despite the shareholders voting it down.
It seems incredible that a Board can ignore a shareholder directive in this regard, but apparently can.
Any way, back to the job. I would be quite happy to do the job for a year, even six months or even just until Christmas. Even pocketing the $3 million that that might make me would mean that I wouldn't actually need to work again. I could do that!!

Thursday, 9 August 2007

Union slams Trujillo’s ‘obscene’ pay rise


Press release from CPSU
The Community and Public Sector Union (CPSU) has slammed the latest pay increase for Telstra CEO Sol Trujillo following the company's latest profit announcement.
CPSU Deputy Secretary Louise Persse said:
"Sol Trujillo's total package of $11 million plus a year is obscene. Coming after another interest rate hike, most Australians would view this kind of increase as offensive and out of step with wider community standards.
“There will be no cheering about Sol’s bonus in regional communities such as Cairns, Maroochydore, Newcastle, Wollongong, Moe, Ballarat and Launceston, where hundreds of Telstra jobs have been cut recently.
“More than 6,000 staff have been cut over the last two years and 4,000 more jobs are set to go. The average new Telstra employee is employed on a take-it-or-leave-it Australian Workplace Agreement and earns around $42,000 a year. But even then, up to 20-30% of that base salary can be at risk unless tough performance and sales targets are met.
“While many Telstra staff on AWAs have no guaranteed annual pay rise, Sol’s remuneration has
grown by more than 21% over the last year.
"Sol Trujillo now earns more 250 times the average Telstra workers salary. Or to put it another way, it takes Sol Trujillo less than a day and a half to earn what an average Telstra staff member earns in a year,” said Ms Persse.
For comment:
Louise Persse - Deputy Secretary 0408 346 917
Paul Girdler – National Organiser 0418 331 369