Post Covid staff bonuses

[73qanda]

It has been announced that 100,000 Emirates Airline staff will receive 24 weeks bonus pay this year as a way of keeping them at the airline.
Singapore Airlines followed suit but raised it to 8 .5 months salary as a bonus for eligible staff.
Does anyone here know if Air New Zealand or Qantas or Virgin Australia are looking at staff bonuses to help secure their staff numbers?
Just asking because I’d like a JetSki.
Cheers

[A320 Flyer]

Qantas are “maybe if we cook the books right this year” giving a share bonus. When sold at the current price works out to be about 2 weeks SO pay.

[gordonfvckingramsay]

Australian airlines are still smoking their belief that pilots will want to live and work here. Rather than trying to keep staff happy by conceding that it’s the coal face that makes the company function, and sharing the spoils of OUR hard work accordingly, they run with the established dogma. We won’t see much more than a half hearted thanks in the form of some, soon-to-be devaluing shares.

[dragon man]

Plus the Qantas bonus is flat rated for blue collar staff that is they all get the same except of course the elite managers who are rewarded as a % of their grossly over inflated salaries.

[gordonfvckingramsay]

To look for something positive in this, at least the bonuses being paid OS will make all of those ex-pats supposedly bursting to come back to the “lucky country” and fly for our national carrier(s), think twice.

[donpizmeov]

To look for something positive in this, at least the bonuses being paid OS will make all of those ex-pats supposedly bursting to come back to the “lucky country” and fly for our national carrier(s), think twice.

One of the joys of the free job market is you dont have to stay at your employer if you dont like it. Lots of well paid jobs going around the world at the moment for those that want them. A good way to see the world when LAX and LHR become a drag.
There is life away from the sheltered workshop if you feel the need.
I dont have any expat friends looking at QF. I think the influx of fellas made redundant after covid is over.

[Transition Layer]

To look for something positive in this, at least the bonuses being paid OS will make all of those ex-pats supposedly bursting to come back to the “lucky country” and fly for our national carrier(s), think twice.

Don’t you mean “national carrier(s) underpaid subsidiaries”.

[dr dre]

To look for something positive in this, at least the bonuses being paid OS will make all of those ex-pats supposedly bursting to come back to the “lucky country” and fly for our national carrier(s), think twice.

A bonus doesn’t keep people on a job. On the contrary I’ve known people to wait for a bonus, or backpay to appear in their bank account and resign the next day.

[Ollie Onion]

Sadly when we do get a bonus it is 6% of salary multiplied by a customer satisfaction score for which we have NO control over, so our bonus gets reduced due to **** management of OTP factors that we don’t have any sway over,

[soseg]

Just asking because I’d like a JetSki.
Cheers

Sorry bro. No Aussie pilots will be seeing this any time soon. Race to the bottom here.

https://cimg2.ibsrv.net/gimg/pprune.org-vbulletin/1666x1113/img_1259_d7ada6ab63558e410b5a5442ce5ee34c1c764925.jpeg

[Australopithecus]

Just curious DrDre…whydo you consistently argue the company line ? Are you an actual pilot with a self-loathing problem or just another company shill trolling for profit?

[Deano969]

Sorry bro. No Aussie pilots will be seeing this any time soon. Race to the bottom here.

https://cimg2.ibsrv.net/gimg/pprune.org-vbulletin/1666x1113/img_1259_d7ada6ab63558e410b5a5442ce5ee34c1c764925.jpeg
The girl on the front has weird ankles
Just saying

[dctPub]

Just curious DrDre…whydo you consistently argue the company line ? Are you an actual pilot with a self-loathing problem or just another company shill trolling for profit?

Just "pLaYiNg ThE DeViLs AdVoCaTe Huuurr Duuurr"

[PoppaJo]

If you asked for a multi month bonus they would then say the business is now unviable and in terminal decline because of these demands. That is the same card they play each time a new agreement is up for negotiation and the braindead unions here fall for it.

Any executive who suggests to give the good front line staff bonuses or shares without any conditions attached will be sacked. Just like recent agreements, vote it down and you can forget about those bonus or share payments.

What would Sharpie say if his good pilots went to him for small slice of these big flashy unaudited profits he is reporting to the market each month? Just imagine all the conditions he would attach to a 5 dollar bonus.

[pointyendforward]

The girl on the front has weird ankles
Just saying

Yup, positively disgusting.

[gordonfvckingramsay]

A bonus doesn’t keep people on a job. On the contrary I’ve known people to wait for a bonus, or backpay to appear in their bank account and resign the next day.

True. However, the way large companies treat their staff has bred a mercenary mentality amongst said staff. If the company continues to devalue the work put in by the workforce, as they do at every opportunity, the workforce will naturally seek short term gains to recover their T&Cs.

[Australopithecus]

As a colleague said today when speaking of our employer's attitude towards us: “You keep treating me as a liability so now I am going to act like one”

[aussieflyboy]

Exactly what’s happening at the rat. I’d guess fuel carriage has increased by 10-15 % and people are doing what the have to do to improve personal productivity at the expense of QF. Depending on what company you work for that could mean increasing Cost Index to go home earlier or finding a way to delay a flight to increase DTA or fall into a meal allowance bracket.

[Ollie Onion]

From what I see people just go sick to adjust their rosters and not bother with bidding etc. I haven't seen anyone take 'more' fuel but there is no doubt people have lost all sense of loyalty from both sides. A Captain said to me last week 'they treat me like a low cost employee so I act like one'.

[TBM-Legend]

Better pay back the Australian taxpayers first. Same for Rex

[Slippery_Pete]

It has been announced that 100,000 Emirates Airline staff will receive 24 weeks bonus pay this year as a way of keeping them at the airline.
Singapore Airlines followed suit but raised it to 8 .5 months salary as a bonus for eligible staff.
Does anyone here know if Air New Zealand or Qantas or Virgin Australia are looking at staff bonuses to help secure their staff numbers?
Just asking because I’d like a JetSki.
Cheers

You high?

AJ will never give a 6 month bonus, because they only thing he’s ever been invested in since starting at Qantas is lining his own pockets.

Step 1 - cancel hundreds of new aircraft orders to maximise short term profit
Step 2 - shut down and cost the airline hundreds of millions as an industrial bullying tactic
Step 3 - forget about your core business of flying people safely from A to B and instead use your airline to push political agendas
Step 4 - surround yourself with people who tell you you’re doing a great job, remove anyone who doesn’t
Step 5 - sack ground handlers illegally
Step 6 - attempt to replace your Australian pilots with cheap foreign labor, turn your once safe airline into a series of outsourced and cheap contractors
Step 7 - hire a new CEO internally who won’t come in and criticise what you’ve done
Step 8 - walk out the door just before a monumental CAPEX with horrifically bad fleet age metrics
Step 9 - also walk out the door at the height of the share price with a record profit (which is none of your doing, but simply post-COVID demand related) so all your personal bonuses when you leave are maximised
Step 10 - pocket circa $180m after running the country’s biggest, safest and strongest airline and its staff into the ground to be left a shell of what it once was

So tell me, Qanda, is this the sort of person you think is going to give 6 month staff bonuses even if those same staff went unpaid for two years?

Remember how he came out and trumpeted he was forgoing his bonuses and pay during COVID. Look more carefully at what he actually did, essentially just deferred them all to make it LOOK like he wasn’t raping and pillaging while his staff lost their houses and families.

The best predictor of future behaviour is past behaviour. As an outsider looking in, I don’t understand why you’d even imagine for a second, that this little excuse for a human would be giving out a six month bonus to anyone other than himself.

One day, the piss-weak board members will front an enquiry over why they let this happen.

Meanwhile, maybe stop smoking whatever you’re on.

[morno]

You high?

AJ will never give a 6 month bonus, because they only thing he’s ever been invested in since starting at Qantas is lining his own pockets.

Step 1 - cancel hundreds of new aircraft orders to maximise short term profit
Step 2 - shut down and cost the airline hundreds of millions as an industrial bullying tactic
Step 3 - forget about your core business of flying people safely from A to B and instead use your airline to push political agendas
Step 4 - surround yourself with people who tell you you’re doing a great job, remove anyone who doesn’t
Step 5 - sack ground handlers illegally
Step 6 - attempt to replace your Australian pilots with cheap foreign labor, turn your once safe airline into a series of outsourced and cheap contractors
Step 7 - hire a new CEO internally who won’t come in and criticise what you’ve done
Step 8 - walk out the door just before a monumental CAPEX with horrifically bad fleet age metrics
Step 9 - also walk out the door at the height of the share price with a record profit (which is none of your doing, but simply post-COVID demand related) so all your personal bonuses when you leave are maximised
Step 10 - pocket circa $180m after running the country’s biggest, safest and strongest airline and its staff into the ground to be left a shell of what it once was

So tell me, Qanda, is this the sort of person you think is going to give 6 month staff bonuses even if those same staff went unpaid for two years?

Remember how he came out and trumpeted he was forgoing his bonuses and pay during COVID. Look more carefully at what he actually did, essentially just deferred them all to make it LOOK like he wasn’t raping and pillaging while his staff lost their houses and families.

The best predictor of future behaviour is past behaviour. As an outsider looking in, I don’t understand why you’d even imagine for a second, that this little excuse for a human would be giving out a six month bonus to anyone other than himself.

One day, the piss-weak board members will front an enquiry over why they let this happen.

Meanwhile, maybe stop smoking whatever you’re on.

I love the new “Like” button, consider it pressed!

[73qanda]

So emotional Pete!
You high?
​​​​​​​Meanwhile, maybe stop smoking whatever you’re on.
I’m not convinced the tone of your post aligns itself with the question I asked, which was

​​​​​​​Does anyone here know if Air New Zealand or Qantas or Virgin Australia are looking at staff bonuses to help secure their staff numbers?
Also, for those that consider themselves a normal and reasonable Australian, do you get a bit embarrassed when your countrymen burst in het up and half- cocked?

[dragon man]

you high?

Aj will never give a 6 month bonus, because they only thing he’s ever been invested in since starting at qantas is lining his own pockets.

Step 1 - cancel hundreds of new aircraft orders to maximise short term profit
step 2 - shut down and cost the airline hundreds of millions as an industrial bullying tactic
step 3 - forget about your core business of flying people safely from a to b and instead use your airline to push political agendas
step 4 - surround yourself with people who tell you you’re doing a great job, remove anyone who doesn’t
step 5 - sack ground handlers illegally
step 6 - attempt to replace your australian pilots with cheap foreign labor, turn your once safe airline into a series of outsourced and cheap contractors
step 7 - hire a new ceo internally who won’t come in and criticise what you’ve done
step 8 - walk out the door just before a monumental capex with horrifically bad fleet age metrics
step 9 - also walk out the door at the height of the share price with a record profit (which is none of your doing, but simply post-covid demand related) so all your personal bonuses when you leave are maximised
step 10 - pocket circa $180m after running the country’s biggest, safest and strongest airline and its staff into the ground to be left a shell of what it once was

so tell me, qanda, is this the sort of person you think is going to give 6 month staff bonuses even if those same staff went unpaid for two years?

Remember how he came out and trumpeted he was forgoing his bonuses and pay during covid. Look more carefully at what he actually did, essentially just deferred them all to make it look like he wasn’t raping and pillaging while his staff lost their houses and families.

The best predictor of future behaviour is past behaviour. As an outsider looking in, i don’t understand why you’d even imagine for a second, that this little excuse for a human would be giving out a six month bonus to anyone other than himself.

One day, the piss-weak board members will front an enquiry over why they let this happen.

Meanwhile, maybe stop smoking whatever you’re on.

now please tell us what you really think😂😂

[ScepticalOptomist]

You high?

AJ will never give a 6 month bonus, because they only thing he’s ever been invested in since starting at Qantas is lining his own pockets.

Step 1 - cancel hundreds of new aircraft orders to maximise short term profit
Step 2 - shut down and cost the airline hundreds of millions as an industrial bullying tactic
Step 3 - forget about your core business of flying people safely from A to B and instead use your airline to push political agendas
Step 4 - surround yourself with people who tell you you’re doing a great job, remove anyone who doesn’t
Step 5 - sack ground handlers illegally
Step 6 - attempt to replace your Australian pilots with cheap foreign labor, turn your once safe airline into a series of outsourced and cheap contractors
Step 7 - hire a new CEO internally who won’t come in and criticise what you’ve done
Step 8 - walk out the door just before a monumental CAPEX with horrifically bad fleet age metrics
Step 9 - also walk out the door at the height of the share price with a record profit (which is none of your doing, but simply post-COVID demand related) so all your personal bonuses when you leave are maximised
Step 10 - pocket circa $180m after running the country’s biggest, safest and strongest airline and its staff into the ground to be left a shell of what it once was

So tell me, Qanda, is this the sort of person you think is going to give 6 month staff bonuses even if those same staff went unpaid for two years?

Remember how he came out and trumpeted he was forgoing his bonuses and pay during COVID. Look more carefully at what he actually did, essentially just deferred them all to make it LOOK like he wasn’t raping and pillaging while his staff lost their houses and families.

The best predictor of future behaviour is past behaviour. As an outsider looking in, I don’t understand why you’d even imagine for a second, that this little excuse for a human would be giving out a six month bonus to anyone other than himself.

One day, the piss-weak board members will front an enquiry over why they let this happen.

Meanwhile, maybe stop smoking whatever you’re on.

Now all copy and paste that into the company survey of what we think and hit send. 👍

[Slippery_Pete]

I’m not convinced the tone of your post aligns itself with the question I asked, which was

Diddums. Ask a silly question 🤷‍♂️

If you were actually serious, where do you think the money is going to come from?

Virgin posting a very meagre profit - during a period of unprecedented demand. There’s no way they’ll be giving away anything coming into an IPO . They want to try and convince stupid Mum and Dad investors that they should throw their money away, so they’re not going to be handing out gifts 🤦‍♂️

As for Rex, they’re 2.5 years in with jet operations and hardly turning a cent of profit. Their turboprop drivers are running out the door en masse, and even if they weren’t, there wouldn’t be enough aircraft with serviceable engines anyway. They’re pulling out of regional routes they’ve done for 30-40+ years.

Pray tell, do you foresee either of these companies giving away free money?

​​​​​​​Now all copy and paste that into the company survey of what we think and hit send. 👍

Don’t and never have worked for them, or any of their numerous subsidiaries, so won’t be participating in any survey 🤣

[73qanda]

Diddums. Ask a silly question 🤷‍♂️

If you were actually serious, where do you think the money is going to come from?
I didn’t think it was a silly question but I’m not in management or involved in finance in any way so maybe it was.
I just saw a couple of newspaper headlines saying that “ Air New Zealand is heading for a billion dollar turnaround as profit surges to 1.3 million a day”. Another headline stated “ Qantas on track to deliver record 2.5 billion dollar profit”. So although I didn’t put a heck of a lot of thought into it, I guess I married that up with both Emirates and Singapore doing their best to hold onto staff and thought the money could come from those profits. Rex was not in my mind ( or the original post) and I hadn’t read anything about Virgin.
I’m struck by the force of feeling in your responses, I hope you have a peaceful night. Qanda

[dr dre]

Just curious DrDre…whydo you consistently argue the company line ? Are you an actual pilot with a self-loathing problem or just another company shill trolling for profit?

No - just pointing out that a one off bonus won’t keep people in a job nor attract them there. Plenty of airlines in Australia offering bonuses to join or sign off on an EA, but it doesn’t seem to stop the flood of pilots to jobs with better T&Cs.

A bonus is temporary and at company discretion. What is better is a solid contract with good T&Cs that can’t be altered on a whim, and solid career progression. I’d rather those than a one off several month bonus.

[Chronic Snoozer]

No - just pointing out that a one off bonus won’t keep people in a job nor attract them there. Plenty of airlines in Australia offering bonuses to join or sign off on an EA, but it doesn’t seem to stop the flood of pilots to jobs with better T&Cs.

A bonus is temporary and at company discretion. What is better is a solid contract with good T&Cs that can’t be altered on a whim, and solid career progression. I’d rather those than a one off several month bonus.

But we’re not talking about sign on or EA bonuses. The bonus Emirates paid is related to record revenue and profits according to reports which in turn is related to the post COVID recovery in travel. That is the comparison the OP made with Q.

https://www.aviationbusinessme.com/news/emirates-24-week-salary-bonus#:~:text=The%20announcement%20comes%20at%20the,for%20th e%20global%20aviation%20industry.&text=Emirates%20employees%20will%20receive%20a,weeks%27%20wo rth%20of%20their%20salary.

A bonus doesn’t keep people on a job. On the contrary I’ve known people to wait for a bonus, or backpay to appear in their bank account and resign the next day.

Back pay is not a bonus, it is a negotiated entitlement. It would be churlish to leave a company prior to being paid your entitlements.

[pinkpanther1]

Anyone have any details on the following dot point from today's investor dat at QF?

Sharing benefits of recovery with all employees – including ~$11,500 in bonuses in FY23-24 plus ongoing improvement to staff travel benefits.

[A320 Flyer]

Anyone have any details on the following dot point from today's investor dat at QF?

Sharing benefits of recovery with all employees – including ~$11,500 in bonuses in FY23-24 plus ongoing improvement to staff travel benefits.



- $5000 (sub par) EBA sign on bonus…. Play nice or we won’t pay it
- 1000 (strings attached) shares circa $6500

[aussieflyboy]

Anyone have any details on the following dot point from today's investor dat at QF?

Sharing benefits of recovery with all employees – including ~$11,500 in bonuses in FY23-24 plus ongoing improvement to staff travel benefits.



Same “staff bonuses” they’ve been rehashing over and over for the past 18 months. $5K cash (Minus Tax, Super, HECS) plus 1,000 shares (equal to approx $6,500) again minus Tax and HECS.

[WillieTheWimp]

Ahh yes, a 5k bonus for signing a pay freeze. Too bad that the two year pay freeze probably equates to 350K in lost earnings over a 25-year career. Assuming the pay freeze is not clawed back at some stage.

Where do I sign?

[soseg]

They can keep their shares and $5k bribe. IDGAF.

[Transition Layer]

Improved Staff Travel benefits? Maybe if you’re one of the thousands of F11 spankers in the Ivory Towers, but for the rest of us it’s more of the same crap!

[Redpanda]

I wonder if they will pay a dividend after a 2.5-billion-dollar profit?

[RealSatoshi]

I wonder if they will pay a dividend after a 2.5-billion-dollar profit?

There are some executives that understand sharing the spoils is as important as sharing the foils :\

https://cimg8.ibsrv.net/gimg/pprune.org-vbulletin/1430x1452/screenshot_2023_06_02_at_15_56_50_4dfe62b54bf6f06d88be6beed4 0264d617226538.jpg

[Ollie Onion]

I am not afraid to say it! After two years of little to no pay and a pay freeze after that I expect a big chunk of money in the form of a bonus off the back of record profits, anything less will be an insult. Qantas Group is like the road of bones, a functional highway literally built on the carcasses of the people used to build it.

[dragon man]

I am not afraid to say it! After two years of little to no pay and a pay freeze after that I expect a big chunk of money in the form of a bonus off the back of record profits, anything less will be an insult. Qantas Group is like the road of bones, a functional highway literally built on the carcasses of the people used to build it.


I wouldn’t hold my breath waiting for it.

[Ollie Onion]

I wouldn’t hold my breath waiting for it.

trust me I am not, just saying we shouldn’t be afraid to say we deserve it.