QANTAS - WHERE TO NOW?
Join Date: Apr 2009
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Unfortunately we are surrounded by those who look after themselves not for the greater good.
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Join Date: Apr 2008
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Agree with One eye, might as well suck as much out of the place as you can while it's going...It could be a long time between drinks for a lot of blokes
Flash: Message from Harris: EoI extended to 30 Nov.
26 on o/t tonight!! Good thing we're overstaffed.
Flash: Message from Harris: EoI extended to 30 Nov.
26 on o/t tonight!! Good thing we're overstaffed.
Last edited by Dunnocks; 14th Nov 2012 at 06:37. Reason: update
Join Date: Feb 2006
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If everyone does O/T all you do is make the system work until they get rid of those who fall. By then it's too late
If no one did O/T the system will break, hold items go through the roof and on time departures fall in a heap. Nasty Stein looks like an idiot and they might just realise we're not overstaffed.
If no one did O/T the system will break, hold items go through the roof and on time departures fall in a heap. Nasty Stein looks like an idiot and they might just realise we're not overstaffed.
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Green Goblin.
I don't think I could possibly do overtime at the moment. I'm too stressed worrying about my future. All I'm doing now is taking the advise of the company and looking after myself and spending as much time with my family as I can. That definately means not doing any overtime and staying away from the place that's causing me all that stress.
I don't think I could possibly do overtime at the moment. I'm too stressed worrying about my future. All I'm doing now is taking the advise of the company and looking after myself and spending as much time with my family as I can. That definately means not doing any overtime and staying away from the place that's causing me all that stress.
Join Date: Apr 2011
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O\T
Yes I got the same message to come in for o\t tonight 1400-0200(strange start and finish time on a Wednesday).My first thoughts were go and get f****d.Then I thought about all the termites that said yes to the o\t,they can go and get f****d as well.They will be the first ones squealing when the axe falls.
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I went for a session under the employee assist program and was told to relax and forget about work when not there. They made it clear not to work additional hours work in such a stressful time. I am even getting stressed watching others work overtime when they are about to sack so many.
Join Date: Jun 2008
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Maybe if u do o/t ,u might be in the management good books and u will get offered in Brisbane heavy jobs
It also won't matter too much, as after this round, there'll be another culling in March 2013.
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@rtv
That won't be the official line. If it comes down to compulsory redundancies, the company chooses who they want to go.
FWA didn't have much say when AJ shut the airline down last year until they were forced to do so.
I very much doubt you could base retrenchment on purely super group and age . I would say FWA would have a field day with that .
FWA didn't have much say when AJ shut the airline down last year until they were forced to do so.
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FWA didn't have much say when AJ shut the airline down last year until they were forced to do so
FWA is a "fun park" for lawyers, nothing more.
Remember this...
Last edited by TIMA9X; 14th Nov 2012 at 18:30.
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Qantas buy back announcement includes poor outlook
Qantas has broken some bad, if not infuriating news with its announcement of a buyback of around 4% of its shares this morning.
This is the ASX release about the buy back:
Qantas buy back announcement includes poor outlook for FY13 | Plane Talking
Qantas has broken some bad, if not infuriating news with its announcement of a buyback of around 4% of its shares this morning.
This is the ASX release about the buy back:
Qantas buy back announcement includes poor outlook for FY13 | Plane Talking
Why do companies buy back their own shares?
The general answer is something called in the industry by the jargon term "capital management". Sounds grand, but what it means in simple terms is this:
If the business has surplus cash it has a choice. It can either invest it in the business, or it can pay it to the shareholders. The return on holding cash will tend to be lower than the rate of return on the main business and than the rate shareholders could invest it elsewhere. So, it makes sense to buy back some shares unless the company has good uses for the cash. The company could also pay a special dividend or it could make a repayment of capital. Usually, tax considerations will drive the decision on the method used. One advantage of buying back the shares is that it increases the earnings per share on the remaining shares. It also means that those shareholders who want out can do so, while others can stay with their entire holding.
There is another reason. The company might be able to borrow money cheaper than the return it pays to the shareholders on the equity, called
Why do companies buy back their own shares? - Ask Colin - Resources
The general answer is something called in the industry by the jargon term "capital management". Sounds grand, but what it means in simple terms is this:
If the business has surplus cash it has a choice. It can either invest it in the business, or it can pay it to the shareholders. The return on holding cash will tend to be lower than the rate of return on the main business and than the rate shareholders could invest it elsewhere. So, it makes sense to buy back some shares unless the company has good uses for the cash. The company could also pay a special dividend or it could make a repayment of capital. Usually, tax considerations will drive the decision on the method used. One advantage of buying back the shares is that it increases the earnings per share on the remaining shares. It also means that those shareholders who want out can do so, while others can stay with their entire holding.
There is another reason. The company might be able to borrow money cheaper than the return it pays to the shareholders on the equity, called
Why do companies buy back their own shares? - Ask Colin - Resources
Last edited by TIMA9X; 14th Nov 2012 at 21:58.
Join Date: May 2011
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I know we can't ban o/t, due to it being unprotected industrial action, but surely we could have a word with these guys and put our point across about it not being in our best interest and have some sort of a gentlemens' agreement, or is the smell of money too much for them.