PPRuNe Forums - View Single Post - No profit share target.....yet.
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Old 26th Feb 2018, 07:58
  #5 (permalink)  
fliion
 
Join Date: Dec 2002
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Originally Posted by Nedul
I seem to remember a verbal commitment to set a ps target for later in the year. Anyone know if this has happened yet, or has it been overlooked along with my pay rise!
IF it’s EK you are referencing- the financial year ends 31/3/18.

The target is set for following year after results of preceding year are announced which is usually the third Thursday of April in HQ atrium. The Atrium email schedule is usually a precursor to a profit share announcement. Otherwise results that have not achieved the target are usually issued via Corp Comms on the third Tuesday of April - with no profit share.

There was no target this year.

In the last three years the pay review was emailed on these dates:

2016 - 2/6/16
2015 - 25/5/15
2014 - 16/6/14

Verbal commitment? Go on.
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