loyalty bonus is no longer linked to the profit of the company (last paydeal).
Loyalty Bonus Payments
Captains
Captains will be paid a lump sum loyalty bonus on the second and subsequent anniversaries of joining, provided he or she has not given or been given notice on their qualifying date.
Pilots on part-time contracts will be paid the loyalty bonus pro rata.
The payment is based on the full scale rate for the position, regardless of whether the individual is being paid at the 90% level.
The loyalty bonus will be included as a calculated element for pensionable pay, loss of licence and death in service benefits.
Captains Loyalty Bonus
Up to 2 years:0 After 2 years:5 After 5 years:10 After 10 years:15
First Officers
All First Officers will receive a bonus of 5% of basic salary to be paid on the third and subsequent anniversaries of joining, provided he or she has not been given notice on their qualifying date.
Speevy