TB
Why don't we have a retirement fund similar to the old one but with lower factors?
A very valid question. It is really up to the trustees of the fund to decide on the investment strategy. Contact them. You have a right to know what the investment stratgey is. I suspect that funds with principal guarantees or minimum return guarantees cannot be hedged in the current market.
It is a shame I have to use Pprune to let the company know how I feel, but the CEO and the Managers of Cathay Flight Operations has made this the only way.
I am sure many feel as you do. The only thing I can say is that they are not all ogres. I do not think that NR will ruin your career if you put your views succinctly and constructively. But that's just my opinion.
Does anybody think that a HKG based Captain should get paid 30% less for doing the same job?
No I do not and I hope it changes.
why don't they have Junior Captain positions?
Actually in the early years (long before even I got here) they did have 3 bar junior captains.
My view FWIW is that the company should strive to simplify the whole ball of wax. Just have S/Os, F/O's and captains. Salaries based on seniority and seniority levels dictating additional responsibilities such as relief/cruise command etc.
Why has Nick failed about 20 JF/O's?
Can't answer you I'm afraid. I do know that there are a number of very embittered people sitting in the lower to middle sections of the seniority list. We all have a few beers and sometimes say more than we should. This rarely got back to the management. Sadly this is no longer the case. Those that wear their hearts on their sleeve are often unjustly penalised. This is not as much a management problem as a problem in the prefects' room.
Rostering is a can of worms. My only advice, based on experience, is to be pleasant or, at the very least, civil to everyone in crew control and you will find people will go out of their way to help if they can. Scratch a few backs and you will get a payback. Not so different to the real world.
Again, expressing one's view at the FF's is a certain way to get yourself demoted in whatever position you hold.
You may well be correct. The FF's are not being set up as a bust but they may well be perceived that way given all that has gone on in the past 16 months.
I would love to tell Nick what I think, but I can't.
It is a sad state of affairs that has led to you feeling this way. I can only say that NR is interested in constructive dialogue. He is less interested in being the 'Wailing Wall'.
Destroying careers is not what he is about regardless of the stories. Indeed he has resurrected a few but that never gets any airplay. I am not an apologist for the incoming DFO but the reality is some guys can destroy their own careers without any help from management.
I thought your post was very constructive and cannot imagine that NR would be upset by any of the points you make.
Cheers