PPRuNe Forums - View Single Post - Air Niugini's subsidiary - LINK PNG
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Old 4th Dec 2016, 12:13
  #473 (permalink)  
NCD
 
Join Date: Mar 2010
Location: Seth Afrika
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Metro Man

With regards ANG the only Contract guarantee is that if the exchange rate drops to .38c AUD it will be reviewed, but only once per year. Thus no stabilisation as such in what can only be seen as a very poorly thought out contract. (Hence the enormously high resignation rate).

With regards LINK, doesn't seem like anyone has seen a physical copy (written/electronic) but a Management Briefing states that salary will be fixed at .48c Aussie. Someone is thinking here!!

For those that get employed under the IAC Global Contract, you are not employed by ANG, your salary is paid by IAC in your countries currency (guessing AUD,).

773, that is probably oneway to get around it, but kinda sloppy, and tiresome when one has mortgage, car, loan payments, payments due when not at home.

However, a bigger issue is that if ANG is not exempt from the ruling, bank accounts need to be opened within 11 days!! Pity the guys on leave over the period.

The saddest fact is, is that this is a Govt announcement, ANG is the Govt Airline, and nothing has come from its HR/Payroll section as to what is going to happen.
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