Originally Posted by
VforVENDETTA
Quiet a bit of delusional material you put forward.
First of all, what contract?! Cathay pilots are not working under a "contract" since Jan. 2021. Cos 18 states in the FIRST paragraph, that the company can change anything they want, anytime they want at their sole discretion. Well that is by definition not a contract. A contract is a 2 way street, binding and not changeable by one party in it's entirety at their sole discretion. And by having proven via legal precedence in hk that an employment "contract" which is what we had, isn't worth the toilet paper it's written on, especially when signed by cathay pacific, and can be canceled overnight replaced by a "company policy" document which you're told to sign in 2 weeks or you're fired, they can no longer even pretend to offer an employment contract which anyone with any reason and logic will believe. So get a dictionary and educate yourself on what the word "contract" means. You're no longer working under one, and never will again in Hong Kong, and certainly never again at cathay pacific. Only an idiot will not laugh out loud when cathay pacific utters the word "contract" now.
If you're simply referring to the increasing of your pay regarding productivity pay, it will only ever be temporarily until the next hiccup when cathay will take it back down to wherever they wish to, at their sole discretion. Leaving you to look and feel like a fool for not having taken a job elsewhere when you could even at lower pay but stable and under an enforceable "contract".
And when hoping productivity will take your pay back to previous rate, remember your housing and children's education allowance, medical coverage have also been cut over 50% (for which you now have to pay out of pocket or downgrade accordingly). All that will have to be raised too or company business flourishing once again will not trickle down to you in a meaningful way.
so no, productivity pay will not bring back what you had before, while cathay will have the profits it had before while paying you 1/3 housing and children's education allowance, which you'll either pay out of pocket or downgrade your life and your family's life accordingly.
But like I said, if you don't have any other choice and if cathay goes down it will mean a career disaster for you because you can't get a job flying anywhere else, you'll continue to wear your rose colored glasses. Because if you take them off your situation is so utterly depressing and hopeless with an employer that has zero employer credibility left for it's employees making it completely impossible to plan any future, financially or professionally for it's pilots.
These are the subjects relevant to existance of a pilot shortage in hk, or not. It makes zero jack sh!t difference if cathay is leasing or owning how many of its aircraft. Zero.
Cathay's loss of credibility is not something any management group can ever fix in the future. It's been proven an employment contract signed in hk and especially by cathay pacific isn't worth the toilet paper it's signed on and that it never was all these decades. Who in yhe right mind will risk their career and financial stability to work for cathay again, unless they're either very desperate or very naive? (I didn't want to say stupid)
Even the most well intentioned management group which might exist in some dreamy future will be laughed at when asking for trust and credibility from its employees at Cathay. What was done by this management group can never be undone. It's over. Even of cathay prospers in the future, you as a cathay employees never will. Cathay's success or not is no longer relevant to you. You won't be allowed to share that success, only the pain every time they f'kkk it up. What else do they have to do to make that clear to you?
It has been time to leave as soon as you can for some time now. This show is over. The extremely high attrition numbers and the utter fIlure to recruit pilots despite having launched a recruitment campaign many months ago is a clear sign. Leave when you can.
100% correct V, you summed it up perfectly. Now STW will come on here quoting how great this weeks pay rates compare to some LCC in Asia and that CX will be flush with high quality applicants.