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Not an original idea though. Was done at Cathay
True, but don't forget that CX did eventually repay all of the unpaid leave taken.
That was with SARS, we have been asked to do it again in MAY, from what I have read a very high take up 90+% by ground staff, this was following record loses, and global economic recession and now swine flu and of course the odd fine here and there!
Depending on your grade depends how much you have to take, sorry it is voluntary, lowest 1 week to the highest of 4 weeks. Whether it works or not, only time will tell. Not sure we'll get this one back though.
I'm sorry but wasn't SkyEurope who also implemented this deal from a couple of months now? Maybe their staggering position is relatively not so bad after all when we can see the big boys doing the same thing now...
This is no different than many other industries, Honda have been closed for three months and the operatives were on reduced pay, they have now come back on reduced wages, I am working extra hours for no pay increase.
Come on all of you! its happening all around you. Why should the airline industry be any different?
P1 on biz jets and ex airlines and still nothing jobwise for more than a year! Now what? Renew my licence at huge cost and still no jobs? Don't renew and no licence? What a fantastic career!
So maybe a week's unpaid leave or unpaid work ain't so bad after all.
Tad off-thread here, but from the financial reporting angle there is a difference if the unpaid leave is voluntary or if there is some undertaking to pay it back in the future.
If the former, both the cash position and financial results are improved immediately by the one-off reduction in operating costs.
If the latter, the cash position improves, but there is no improvement in the financial results as the obligation to pay all the sums out later still has to be booked against current earnings.
So put two and two together and what are we left with???
So maybe a week's unpaid leave or unpaid work ain't so bad after all.
Absolutely. If you were hard up and asked your employer for some money, I'm sure they'd stump up without hesitation so why not work for free?
Of course those less selfish might actually think about donating money to their company. Times are hard and admittedly re mortgaging isn't easy right now, but if you dig deep I'm sure you'll all be able to make at least a small contribution.
The BA directors have to be very careful about what message they are conveying to their customers. Should confidence in the company's survival be undermined they will go elsewhere.
And from a personal point of view, so long as BA is 50% more expensive than other options on moneysupermarket.com they will not be getting my business anyway (flights to SYD January 2010).
Why delay the inevitable major surgery that is required to keep BA alive...all this work for free nonesense still leaves all the overpaid deadwood.
BA survival is only possible with major restructuring....
Over to you Willy!
And from a personal point of view, so long as BA is 50% more expensive than other options.....
50% and then some......
As a frequent traveller I've often tried to give them my business but they're so far off the mark its unbelievable . For example I recently flew to CAI with LH thru FRA, cost approx €500, BA wanted €1400 , for almost identical timings, LIS with Air france through CDG €350, BA wanted €750 and loads more similar price shocks.
In the twenty odd trips I've taken for work in the last twelve months I've never used BA when I could easily have. I often thought that there might be a problem with the computer software that prices their flights, if it were just a bit more expensive than the other 'quality carriers' people might opt to fly with them, by pricing themselves in multiples of the price of similar service level carriers they must be turning away potential customers in their droves. I'm not suggesting they drop their prices to match the 'low quality' carriers (theres enough of them already) but they should at least try to stay in the same ball park as their main competitors.....
Does median, mean, and mode ring a bell? I suspect the figure being quoted is the mean manpower cost, i.e. pay plus Company pension contributions, uniform, sim costs, etc etc.....one things for certain, it sure as **** isn't the median salary.
Litebulbs - If you are employed by BA then you will be able to roughly work out the estimated average gross salary of the pilots. If you are not employed by BA, it would not take a great effort to gather enough stats to make a very reasonable guess at what the average line pilot might make.
Either way, to suggest I make enough money to not miss a week or month's salary, as the poster was inferring, was more than enough to p1$$ me off tonight.
And, as I'm in a cranky mood, if you intend to single me out again, as you did in the title of your post - Buter is my real name, not a forum alias, so please do me the courtesy of capitalizing it.
My cot is now clear of all toys so I shall bid you all goodnight and dream about where to go and what to do with my unpaid leave.
I am not replying to you specifically, merely tagging on.
At least in the US, things have not been this grim since the early 'eighties.
My employer has imposed upon exempt staff a ten day furlough over the next fiscal year, which will in turn extend through at least the one after that, and possibly a third.
This was based upon the parity typically given the exempts based upon what the various unions agree to. The punch line, of course, is that most of the bargaining unit staff are deemed essential, and will not suffer the financial consequences of the furlough. A real hoot.
No one likes having their pay or benefits reduced, even if one gains ten days off. By the same token, it is all about survival now for many enterprises, including BA. This begs the question of whether we are all better off sacrificing in the short run to keep that paycheck coming, or whether we should instead figure that the paycheck is not likely to continue in any event, and therefore refuse any concessions.
Either way, to suggest I make enough money to not miss a week or month's salary
Anyone that can't afford to miss a weeks salary has seriously cocked up in life. There are many out there......I dont expect airline pilots to fall into that catagory!!
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