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Cathay Pacific Announces Year-end Salary Increment,

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Cathay Pacific Announces Year-end Salary Increment,

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Old 16th Nov 2010, 09:09
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Cathay Pacific Announces Year-end Salary Increment,

Cathay Pacific Airways today announced the year-end salary increment for its Hong Kong-based staff together with details of a discretionary 13th month payment and a further profit share in light of the company’s continued strong performance this year.

The airline announced that eligible Hong Kong staff will receive an average salary increase in the range of 4 to 4.5%.

The company also confirmed that all eligible staff in Hong Kong will receive a discretionary 13th month payment together with their December salary payment. Barring adverse circumstances, staff can expect to receive a profit share of at least another three weeks’ salary after Cathay Pacific announces its full-year results next March, in addition to the two weeks paid in advance in August this year after the airline posted a record interim profit.
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