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If you watch the video [Flash-only warning], you’ll learn that the Japanese CEO of the 10th largest airline in the world also pays his pilots more than himself and takes the bus to work. This absolutely blew me away. If you watch Michael Moore’s “Capitalism: A Love Story,” you’ll learn that many pilots are severely underpaid and taken advantage of. I’ve flown on JAL and had one of the best experiences flying of my life. Their service is incredibly good, there are personal entertainment centers in coach, and even the food is good (as far as airlines go). I’ve also flown across the Pacific on United Airlines and wouldn’t do it again if you paid me. The service was completely different than JAL and the overall experience was much worse. In a time when normal workers across the globe are hurting, I believe more CEOs, particularly in American businesses, need to start eating their own dog food. If they expect their employees to lose benefits, it infuriating to see them take bonuses on top of their millions-per-year salary. If more companies were lead like JAL is, I believe this economic crisis would be much less severe. Japan Airline Boss Sets Exec Example - CBS Evening News - CBS News |
Merrill Lynch boss John Thain spent $1 million decorating his office. Haruka Nishimatsu, the president and CEO of Japan Air…buys his suits at a discount store, because a boss who wears Armani puts himself at arm’s length from his people.
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