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Saturday, 3 March 2007

SIA Is Making Its Staff Rich!

A long serving A/O or CCE recently made an average of $10,000 to $18,000 through the share option scheme (if they had sold them before the recent market correction). They were given these SIA shares at an average price of $14 a piece and could have sold off at around $17. Each one of these staff could have made at least $3 a share. They had around 5,000 to 6,000 share each.

Can you imagine how much more the top brass made? They were given many times more of the shares than the junior staff .We understand that some of them recently made as much as 1 to 2 million $ per person or more. Phew! that's a grand sum alright.
No wonder, these people must see to it that SIA remains very,very profitable at all cost.

5 comments:

Anonymous said...

good grief! u guys are rich!

Anonymous said...

not me friend,its the top guys.
BT

Anonymous said...

Theres always these sayings : The RICH gets RICHER and the POOR gets POORER.

TT*

Anonymous said...

It is the nature of things that very few get rich. Only top guys in corporate world, only a few very successful entreprenuers,only a few actors or actresses...even drug dealers are the same. Read Freakeconomics. Let's be happy rather and be rich. BL

Anonymous said...

if everyone's rich, then money would be cheap.