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Old 25th Jun 2018, 17:02
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Progress Wanchai
 
Join Date: Aug 2006
Location: The Cesspit
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Originally Posted by oriental flyer
Giggerty, You state “. There is an expectation that company will compensate us for our patience “

i dont want want to be rude , but seriously when has the company EVER compensated any employee for their patience or doing the right thing in hard times ?
Exactly.
Swire playbook rule one. At every opportunity complain about economic downturns, competition, currency movements, fuel prices, yield, return on capital invested, etc.
Swire playbook rule two. If despite their sheer incompetence they actually make money, complain that aviation is cyclic and any of the factors in rule one are just around the corner.

We’ve all been had. They reward themselves handsomely year after year irrespective of financial results due to the “cyclic nature of the aviation industry”, yet in a classical “privatize the profits, socialize the losses” playbook, rarely reward their staff even during the good times. Management laugh that we now have to fight for 13th month as it has effectively consigned profit share to the history books.
The pigs have rewritten the barn wall slogan. 13th month IS profit share.
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