SNAM
Yes well aware that the industry pays less. But are salaries in EUR (your measure) actually decreasing over the past 6 years for someone in the company and presumably becoming more senior and occasionally getting a little raise?
As Disco shows a particular Captain over 6 years takes home less. If EUR inflation is 5% then one would expect rises of at least 2% in EUR a year and this still realising a net deterioration.
And indeed we work more but not for the same old salary. No - A decreasing one in your EUR terms. Hence the alarm. Extrapolated this goes below the poverty line and then to zero. Not an immediate threat I agree but we ask to what level it goes before we are forced to go and find alternative employment.
Are these airlines making the profit margins of EK?
As for the ERP - no it does not cover the shortfall (Max it can be is 7.5% of basic) and in time washes away to nothing. The GBP one almost halved recently. Nor does it apply to the flying hours so will be further diluted.
We ask at the very least that salaries stay level in EUR terms (dare I ask a tiny increase for years for service) and have all accepted that harder work for it is the name of the game. Is that unreasonable?