PPRuNe Forums - View Single Post - 5%? 10%? 60%? For a pay raise?
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Old 8th July 2007 | 16:35
  #35 (permalink)  
ULRequalsSLEEP
 
Joined: Jul 2007
Posts: 43
Likes: 0
From: Bottom bunk
OK Bad air sucker,
I will try again. My numbers aren't made up.

From the website
Starting salary
20,840Dh
HDP35 per hour for FOs until the overtime threshold which varies but for consistency I have used 75 hours.
So 75*35=2625Dh
So if the guy works 75 hours he will get 23,465DH. USD:AED is 3.66 - using 7.8 for HKD gives a tax free income of $50K HKD or $59.5K in pre HKG tax income. Ihave taken out their 2-11 weeks profit share and up to 7.5% ERP to satisfy your need for 'guarantees'.

So in his first year an EK employee, based on website figures, will get $600K tax free or >$700K in HKD pre tax equivalent.

Sorry mate, I don't make numbers up. EK new joiners have enjoyed in excess of 17% payrise this year - but you won't see that on the website. 6% in Jan + their HDP = >17% for new joiners.

One more time for those that dont have CX blinkers on - EK have had over 43% in pay increases over the last 7 years! That is a FACT. No ERP - no Profit share. If I include those two items their pay is another 15-20% better than CX.

BAS, hit me with some facts and figures, not hyperbole and rhetoric.

When you say "reading your posts reminds me of a funny line...blah blah blah, etc BOLLOX" well, call me simple but to me that implies my posts are Bollox. Whatever....back pedal as much as you like mate. Prove to me that EK earns less please. Prove to me QF earns less please. I have spent a lot of time over the last few weeks finding out the opposite and would love to be proven wrong. I was very surprised to find out that EK is paid more. My first reaction was to tell my EK mates that had helped me in my analysis to let them pass on to potential new joiners how things stand today. I cannot argue corporate cultures as I don't know whether Arabic is worse than Victorian England or quaint olde Australian aviation culture. What I can tell any new joiner from Oz is that CX should be 3rd on the list after EK and QF.

Argue the math, not the man. Whatever pisses you off about me let it go. Tell me what you think I have got wrong with my analysis!? I am more than happy to put up slices and dices of my spreadsheet here but it makes for pretty boring reading and then I dont want to be accused of making up numbers again. By the way, most Aussies are getting the full 7.5%ERP right now. I have ignored that. Average PS has been well in excess of 4 weeks but I have ignored that too. So effectively to make your comparison I have discounted up to 17.5% of earnings for EK and yet EK still win! Happy now???????????

Last edited by ULRequalsSLEEP; 9th July 2007 at 16:47.
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