PPRuNe Forums - View Single Post - QF Group possible Redundancy Numbers/Packages
Old 25th Aug 2020, 06:03
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Telfer86
 
Join Date: Jun 2009
Location: Sydney
Age: 43
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Should be more like the Brits , they avoided large CR by taking a pay cut , 16% or something

VR was a good deal matched CR for those under 5 years, about 80% of CR for those who joined from 05 to 09 , further back it wound its way back to 50%
of CR that doesn't happen until mid 90s

The Virgin 20 year pilots got 16 weeks

If you want CR stay, if you don't take lwop & also any "group" opportunities (yes we all know looking smallish at the moment, but 40 or so jobs for stand downs in group airlines to date , NZ QF airlines looking ok, people do retire)

But understand that if you take CR you will return on year 1 pay scales , that will suck up any benefits accrued on stand down quickly, but that isn't even the start of it
Also be aware of 32.7 & the new reduced rates applicable if QF order the A350. If you return from CR as an SO you will commence on $100 per hour rising to a ceiling of $115 an hour after six years & you will be subject to the new B scale that EBA 10 brings in. SO rates at twenty bucks an hour less than the 787

If you complain to QF about above they will just remind you "Well you voted for it mate"

It is hard to see QF doing nothing, all the current situation does is increase the SO wage bill for when flying does return

Last edited by Telfer86; 25th Aug 2020 at 07:01.
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