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Old 22nd Mar 2008, 15:51
  #34 (permalink)  
Sander
 
Join Date: Sep 2000
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Pension Plan

PLUS

Company accommodation - provided it is given where you are happy - the lottery and you cannot easily buy another ticket.
(Move out and buy your own place some have- and then sell- a nice return on your investment but it will be eroded away as the company accommodation is 50% of actual cost and you will be paying at least $2000USD per month to make up the difference on a modest compromise)
Schooling
Good Equipment
Great crew to fly with
Nice Lifestyle

MINUS
If you want to include your pension plan as part of lifestyle - long-term- then lifestyle is a big minus for EK pilots

Pension- Due to a neat trick with flight pay the pension is being eroded as quickly as the USD is falling. Years ago the UAE Nationals saw that the pension plan in EK offered no long term security so they sensibly withdrew.

To make yourself happy in EK never strike a conversation with your friends in Cathay or Dragon Air about how they use the company accommodation allowance to pay off substantial real estate they have purchased.

After 15 years in Emirates your total pension is with $350K USD Including your own 1/3 contribution to that.

Traffic

Management with no real attempted dialogue with pilots- no meetings in three years.
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