PPRuNe Forums - View Single Post - ERP (Exchange rate protection) for Qatarairways
Old 24th Jul 2008, 15:59
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QTRminator
 
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ERP (Exchange rate protection) for Qatarairways

According to todays company email, the CEO has introduced an ERP-program effective 1jul08.
As I interpret it (it is not that straight forward), it would give (for most of us, my exemple is for Europeans) approx 900 QAR/month for F/O and approx 1300QAR/month for Captain as long as the current rate of the QAR, compared to your home currency, is at least 15% lower now than it was over the last 5 years average.
Not bad, even if it only covers around 25% of what we loose every month (on the basic only), and I hope this is not the only thing that will be announced this month regarding our package...

Last edited by QTRminator; 24th Jul 2008 at 16:18.
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