Correct me if I am wrong, but in this new pay deal the loyalty bonus is combined with an escape route ?
Quote: "All captains will be paid a lump sum loyalty bonus on the second and subsequent anniversaries of joining the company in accordance with the table below, provided the company was in profit on the previous 30th september "
I don't like the last part, do you ?
So this has to be adressed.
For the F/O's loyalty bonus, it's the same !!