"Qantas to cut flights and jobs"
I've got a mate who flies for a government run airline and he loves it. Takes as much fuel as he likes, doesn't have to worry about punctuality. Doesn't care if his employer loses money or the planes are half empty.
Good route network with business class ID tickets. Proper crew meals and uniforms, paid whether he flies or not. No staff cutbacks so everything is done for him from the load sheet to the walk around.
Pay is in the bank each month without fail. I may try and join him.
Good route network with business class ID tickets. Proper crew meals and uniforms, paid whether he flies or not. No staff cutbacks so everything is done for him from the load sheet to the walk around.
Pay is in the bank each month without fail. I may try and join him.
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Airlines such as SQ, EK and CX operate in a free market. Staff get paid the going rate for their skills
Emirates get very good pay (especially when compared to Qantas).
I know that that Dubai is a tax free environment & Emirates management certainly look at nett pay at other companies when stating that they are paying market rates, but my opinion is that the tax benefits belong to the pilot as compensation for living in the desert. So the comparison should be gross vs gross. And on that basis, the pay at Emirates is not that great.
Nunc est bibendum
Are you going to compare salary packages and include accommodation and utilities or are you going to continue with the delusion that those things aren't part of your package. How does the package look when we look at everything instead of just the gross figure.
It's also worth pointing out that the AUD is at historical highs so in a couple of years when it returns to a more 'normal' level the EK package is going to be a lot higher again.
What was the original discussion about again?
It's also worth pointing out that the AUD is at historical highs so in a couple of years when it returns to a more 'normal' level the EK package is going to be a lot higher again.
What was the original discussion about again?
Add a free furnished house with lights and water, childrens school fees, free medical care, transport to and from work, free uniform dry cleaning, profit share, provident fund and it starts to add up.
Emirates simply pay what it takes to crew their aircraft. If they don't offer enough, pilots won't come and flights get cancelled. The package is a reflection of pilot supply.
Emirates simply pay what it takes to crew their aircraft. If they don't offer enough, pilots won't come and flights get cancelled. The package is a reflection of pilot supply.
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I know what you are saying Keg, but I guess it is a matter of an individual's perspective.
Most people wouldn't want to retire is Dubai, even if they could. So comman sense would dictate that you maintain a presence in your home real estate market or at least where you would want to retire, in order to not be priced out of the market, which will generally rise over time. There would be some financial benefit as you could rent the place out, but on the other side there is tenant wear & tear. So the provided accomodation simply allows one to do the job & in my opinion isn't any great benefit.
I know that some have taken the money & purchased in years gone by & some of those have done very well. However, others had suffered serious financial hardship.
As for utilities, well the best information I can source is that that power & water are far more expensive in Dubai than in Oz. Perhaps I am wrong. The allowance is now capped & you are at the company's pleasure as to whether or not the cap will be raised in line with future DEWA price increases. So I consider this as just another thing that allows one to do the job & not of any great benefit.
If that is delusional, so be it.
As for the exchange rate, yes it is at historical highs & it does flucuate. However, if you have a 'life' back home it does hurt financially & the good months don't offset the bad months unless you specifically put money away to cover this. Also, do you want to bet on it going back down any time soon & to what level? With the Dirham tied to the US, the pain could continue for some time to come.
Most people wouldn't want to retire is Dubai, even if they could. So comman sense would dictate that you maintain a presence in your home real estate market or at least where you would want to retire, in order to not be priced out of the market, which will generally rise over time. There would be some financial benefit as you could rent the place out, but on the other side there is tenant wear & tear. So the provided accomodation simply allows one to do the job & in my opinion isn't any great benefit.
I know that some have taken the money & purchased in years gone by & some of those have done very well. However, others had suffered serious financial hardship.
As for utilities, well the best information I can source is that that power & water are far more expensive in Dubai than in Oz. Perhaps I am wrong. The allowance is now capped & you are at the company's pleasure as to whether or not the cap will be raised in line with future DEWA price increases. So I consider this as just another thing that allows one to do the job & not of any great benefit.
If that is delusional, so be it.
As for the exchange rate, yes it is at historical highs & it does flucuate. However, if you have a 'life' back home it does hurt financially & the good months don't offset the bad months unless you specifically put money away to cover this. Also, do you want to bet on it going back down any time soon & to what level? With the Dirham tied to the US, the pain could continue for some time to come.
Last edited by Oakape; 21st Apr 2011 at 12:35.
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Metro man,
There are no public schools in Dubai that expatriot children can attend. Therefore one must use the private school system. You don't get an allowance, so those with no kids get nothing. So schooling isn't necessarily a benefit, but rather something that just allows you to do the job, given that you can't live anywhere else & must educate your kids in Dubai. A benefit perhaps if you have kids & were planning to pay for them to be educated in the private school system back in Oz.
As for medical, true, it is free for the employee. However there is a premium to be paid for family members. This has just been increased. Benefits under the scheme are constantly being adjusted & appointments are so hard to get, that family members now can go outside of the company clinic to other approved doctors. The premiums for family are still very low compared to Oz medical insurance, equating to approx $73 Oz per month. So there is some benefit to be had there.
Transport could be considered a benefit as it saves you running 2 cars. However it could also be considered a safety issue given the hours that pilots are working, with a lot of back of the clock departures & arrivals. Perhaps just something else that enables one to do the job.
Sure you get free dry cleaning of uniform items if you can be bothered dragging them to work to put them in & then back again. Frankly, some guys can't be bothered. Also, I believe that it is a tax deduction in Oz, so perhaps not such a hugh extra benefit, eh? Profit share is at the company's pleasure & by no means guaranteed. It is also very variable. A benefit in the strict sense of the word I guess.
As for the provident fund, don't you have super? And you get to keep the company contributions no matter how long you stay. At EK, you only get to keep them in full after you have been there 5 years or more. By the way, the furniture isn't free unless you stay 5 years or more as well.
Look, I'm not saying that it isn't better. However, how much better depends on an individual's personal situation & on what they would consider a plus or a minus. People have this idea that if you go to Emirates you will be living the high life & rolling in cash. People trying to talk up Emirates will make comment to reinforce that belief & those trying to bad mouth it will make comments to the opposite. All I am saying is that it is not quite what some would have you believe.
The Middle East used to be the place to go to makes lots of money, have some fun & then retire early. As with the rest of the world, things have changed & those days have generally gone.
There are no public schools in Dubai that expatriot children can attend. Therefore one must use the private school system. You don't get an allowance, so those with no kids get nothing. So schooling isn't necessarily a benefit, but rather something that just allows you to do the job, given that you can't live anywhere else & must educate your kids in Dubai. A benefit perhaps if you have kids & were planning to pay for them to be educated in the private school system back in Oz.
As for medical, true, it is free for the employee. However there is a premium to be paid for family members. This has just been increased. Benefits under the scheme are constantly being adjusted & appointments are so hard to get, that family members now can go outside of the company clinic to other approved doctors. The premiums for family are still very low compared to Oz medical insurance, equating to approx $73 Oz per month. So there is some benefit to be had there.
Transport could be considered a benefit as it saves you running 2 cars. However it could also be considered a safety issue given the hours that pilots are working, with a lot of back of the clock departures & arrivals. Perhaps just something else that enables one to do the job.
Sure you get free dry cleaning of uniform items if you can be bothered dragging them to work to put them in & then back again. Frankly, some guys can't be bothered. Also, I believe that it is a tax deduction in Oz, so perhaps not such a hugh extra benefit, eh? Profit share is at the company's pleasure & by no means guaranteed. It is also very variable. A benefit in the strict sense of the word I guess.
As for the provident fund, don't you have super? And you get to keep the company contributions no matter how long you stay. At EK, you only get to keep them in full after you have been there 5 years or more. By the way, the furniture isn't free unless you stay 5 years or more as well.
Look, I'm not saying that it isn't better. However, how much better depends on an individual's personal situation & on what they would consider a plus or a minus. People have this idea that if you go to Emirates you will be living the high life & rolling in cash. People trying to talk up Emirates will make comment to reinforce that belief & those trying to bad mouth it will make comments to the opposite. All I am saying is that it is not quite what some would have you believe.
The Middle East used to be the place to go to makes lots of money, have some fun & then retire early. As with the rest of the world, things have changed & those days have generally gone.
Last edited by Oakape; 21st Apr 2011 at 18:58.
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What a load of unadulterated rubbish! Next thing we'll be told with the straightest of faces is that there are indeed fairies at the foot of the garden.
Go take your lithium pills and be gone with you until the next thread...
Last edited by gobbledock; 24th Apr 2011 at 03:42.
