PPRuNe Forums - View Single Post - EK Profit Share
Thread: EK Profit Share
View Single Post
Old 6th March 2006 | 08:35
  #82 (permalink)  
BaghDaddy.
 
Joined: Feb 2006
Posts: 20
Likes: 0
From: Sugardaddio
Originally Posted by critical winge
"last year profit share payout"........next pay increase can be offset by they profit share pot. .........would like to see them give a low payout and see that nobody leaves, as all employees are only here to help build/finance their city construction.
I think the third line is employing the use of sarcasm but I can't get my head around the first part....
because the"fuel costs are really hurting
What about the fuel surcharge on tickets? (Even staff sub-load at same amount) That should be the last we hear about fuel costs, shouldn't it?
An increase in utilities should be to entice more guys to take it; there is no need to increase it for those already receiving it; their costs havent risen
An increase in utilities should be for spending on rent, nothing else. It is not an inducement. If rents go up and they want to pay pilots' rent, the allowance needs to go up. Simple.
the rest of us cant afford to take the allowance as house prices have risen so far already it would need a 100% increase to make us even consider buying a house
Spend it on rent then. At your own peril, though. For the most part, anyone contemplating doing their own rental thing here is nuts.

I might be wrong but I don't think the allowance was ever meant to be for paying off a mortgage if for no other reason than that the cash effectively leaves the closed system corporation that is Dubai.

Being of greedy nature, I'd rather see them introduce a Child Education Offset Allowance of 50% of whatever they're paying for the children of other pilots. This might induce me not to go producing bastards whose education they have to pay for!! (At home, of course, I obey the rules on that sort of thing here.)
BaghDaddy. is offline  
Reply