$500-QF staff bonus.

[Transition Layer]

For those of you who have mates outside of aviation (i know some people on here don't) ask them what a typical bonus is. Accountants, engineers etc etc. They would find $500 an hilarious insult.

TL

[domo]

seen jetstar costs 20% less are they getting $400

thanks for your help pornstar and pornstar asia to profits wiyhout you we would have got a $1000 bonus

[ShesGreatintheGalley]

umm.. hello? arnt JQ actually making some pretty decent profits for the QF group? we deserve more if anything.
And i agree.. it seems greedy to argue about the $500.. which is better than nothing.. but at the same time.. its half what they usually pay us as a bonus and fair enough.. with the price of oil.. and SARS and 9/11 still affecting us i dont see why we should have a bonus cut in half so that Dixon and everyone else can get a MILLION DOLLAR PAYRISE.
I am thinking of starting a charity for QF employees who have emotional issues with the QF mangagement - we can donate out bonuses there and it might actually help us!

[Ultralights]

Originally Posted by Transition Layer

For those of you who have mates outside of aviation (i know some people on here don't) ask them what a typical bonus is. Accountants, engineers etc etc. They would find $500 an hilarious insult.
TL

I was thing this exact same thing, working for a British company in Oz, pretty average year, still manged a 4% pay rise in 1 yr, and a $3000 Bonus.

[Pass-A-Frozo]

Originally Posted by happydriver

Happy Days....
38,000(employees) X $500(each) = $19 million
2(CEO and CFO) + (2 individuals' annual bonus $------) = $---- million
Can someone who has the correct figures handy fill in the blanks.It be an interesting comparison to say the least!
And before anybody starts please leave your fruit comparisons for another day!...
HD.

Fruit for another day granted.

Geoff Dixon :
Performance Share Plan (2005) $513,798
Performance Rights Plan (2005) $363,375

Peter Gregg :
Performance Share Plan (2005) $314,184
Performance Rights Plan (2005) $119,700

Note that these are 2005 figures

[ShesGreatintheGalley]

next year we will get $250, then the year after that probably about $100. Mark my words.. in five years time we will be saying "remember when we used to get a $1000 cash bonus? wow! now they give us a $50 voucher for the formula 1 hotel" or something simmilar.

[BHMvictim]

Originally Posted by inthefluffystuff

To All
Of course that will go to the Forstaff Boys as well? bet your A*se it will, they do not get the benefit you guy's are whinging about!!!!

That's because Forstaff are not Qantas Staff.

[priapism]

Domo,
At least pornstar staff will have jobs in 5 years time.

[fornique8]

Crew at "Jitconnect" will be happy. Aus$ is buying about 84 cents NZ at the moment. That will be nearly $600 to supplement their already pathetic salary Thanks Jiff

[Shot Nancy]

Now I am not an accountant but can’t you donate it to charity and claim a tax deduction of sorts? Then fax the receipt to the dame or one of the gnomes and tell them that you put their pathetic gesture to good use.
If even 1000 or so faxes are received and the media get involved she might get the hint.
United you stand.

[cartexchange]

Originally Posted by Shot Nancy

If even 1000 or so faxes are received and the media get involved she might get the hint.
United you stand.

do you really think they would care! take the money and run..........

[DutchRoll]

Originally Posted by B A Lert

I would assume that as you carping whingers are so cycnical and derisive about the bonus that you cannot possibly accept it and request that Qantas instead pay it to the charity of your choice?

Actually that was precisely what I was planning to do with the $300!

The problem, BAL, is not that we all desperately want a CEO type bonus. With the very odd way that QF runs its payroll, $300 is well within the normal up & down variation of my pay packet so I won't even notice it & couldn't care less whether they just paid it straight to a charity on my behalf (they won't, but at least it would benefit then by the full $500)!

The problem is with the quite considerable effort employees go to every day and the perception that the CEO pays mere lip service to it. Which makes you wonder why you didn't just chuck on an extra 5 tonne. And why you bothered calling the next port to get them to have that spare part ready. And why you bothered suggesting to the POCO that he plan to bus the pax from the remote stand you're stuck on due to terminal congestion. And why you extended duty. And why you reworked the takeoff data at the last minute so you could squeeze on the extra freight. And....and....and....

[ftrplt]

maybe because its your job????

[happydriver]

Thanks PAF....

Not as outrageous as i thought they would be.
So maybe $500 (or to be exact $357) is not so bad after all.....

Still.....Happy Days.

HD.

[rammel]

In my role with QF I do the similar things that Dutchroll mentioned. When this was tabled during an EBA negotiation, we were told by management that this was not in our job description (we were virtually described as suckers for doing all this). Since then I haven't done anything that is not in my job description.

[Bolty McBolt]

Originally Posted by ShesGreatintheGalley

umm.. hello? arnt JQ actually making some pretty decent profits for the QF group? we deserve more if anything.
And i agree.. it seems greedy to argue about the $500.. which is better than nothing.. but at the same time.. its half what they usually pay us as a bonus and fair enough.. with the price of oil.. and SARS and 9/11 still affecting us i dont see why we should have a bonus cut in half so that Dixon and everyone else can get a MILLION DOLLAR PAYRISE.
I am thinking of starting a charity for QF employees who have emotional issues with the QF mangagement - we can donate out bonuses there and it might actually help us!

With 24 aircraft and Jet star being 20% cheaper to run.
JetStar added only 11,000,000 to the bottom line.

[DutchRoll]

Originally Posted by ftrplt

maybe because its your job????

That's true ftrplt - but only to an extent. Part of it is called 'goodwill' in some circles. You could just sit there in the cockpit having done your preflight & wait for everything to happen (in which case the entire system would fall in a pile of poo most days). Operate strictly in accordance with SOPs. You've done exactly what you're paid for. Or like most of us you can be proactive in trying to keep everything running on schedule, not being ridiculous with fuel, helping sort out everyone else's problems, etc. The company does well (or is that less badly?), and you reap the rewards. Or do you?

The fact is, noone works for nothing in their full-time job, even if you're the director of UNICEF. People work over and above their minimum job requirements for extra reward. That applies to every profession. Doctors. Engineers. Whoever. It applies universally.

Reminds me of RAAF days, which were a classic example of how you operated on a fixed salary irrespective of what the 'company finances' were like. We didn't really give a toss if we ran an hour late. We piled on fuel like there was no tomorrow (like carrying multi-sector fuel just because we could, and yes, it still happens now). Who cared? So when you bust your arse to keep the show on the road and costs down, do pretty well at it, and reap - well - almost nothing extra, there comes a time when you just don't feel like 'busting your arse' anymore! Simple, really!

[newsensation]

so the regional pilots that went 24 months with out a pay rise get a bit back....

[speeeedy]

PAF,

The PSP and PFP only make up a small portion of GD and Co's bonus.

My copy of the 2005 Annual report (page 58) shows:

Geoff Dixon:

Salary: $1,905,863
Cash Incentives: $1,490,000
Non Cash Benefits: $301,396
End of Service: $1,414,785
Super: $95,979
Travel: $19,100
Equity Benefits: $1,255,550
Total: $6,482,673

The ones in italics are what would be considered a bonus.

Total bonus for 2005 was $4.1 Million dollars or a 215% bonus on an already VERY generous salary.

BTW my bonus represents a .3% bonus (yes that is a decimal point!).

[Pete Conrad]

Bolty...typical statement from a flight attendant, been in the industry 5 minutes and they know all........The Jetstar $11 million profit is a joke compared to the profit made by the mainline domestic operation. Where does the yeild lay? Not with Jetstar thats for sure!...But hey, I bet RH and the JPC will be running around saying look AJ, we got a great deal voted in for you guys so you could make lots of money!