13th Month, Yes/No?
Joined: Apr 2007
Posts: 377
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From: Honkers
The rumor mill's saying plenty are waiting to pick it up before quitting for pastures greener.
Why would you wait til the 13th month payout. You have to give 3 months notice anyway.
Joined: Nov 2011
Posts: 1
Likes: 0
From: australia
13th month Yes/No
Well well well,
It is in the Friday telex. " We will be reviewing things further in the coming week, and we may have to make some tough decisions to reduce expenditure, without impacting on what we need to do next year"
As usual, flog and bully the staff.
It is in the Friday telex. " We will be reviewing things further in the coming week, and we may have to make some tough decisions to reduce expenditure, without impacting on what we need to do next year"
As usual, flog and bully the staff.
Joined: Dec 2002
Posts: 40
Likes: 0
From: N.A.
Re the subject, my little book says...
"...it will only be capped or not paid when the profit is marginal or negative..."
Well, an interim profit for the first six months of 2011 of $2808 million is pretty fantastic (second best result of the last 10 years). Hardly marginal or negative, I'd say.
Well, an interim profit for the first six months of 2011 of $2808 million is pretty fantastic (second best result of the last 10 years). Hardly marginal or negative, I'd say.
Joined: Aug 2007
Posts: 75
Likes: 0
From: Hong Kong
The Friday Telex, 25 November 2011
"We’ll be reviewing things further in the coming week and we might have to make some tough decisions to help bring down expenditure, without impacting on all the important things that are happening next year."
No 13th month ?
"We’ll be reviewing things further in the coming week and we might have to make some tough decisions to help bring down expenditure, without impacting on all the important things that are happening next year."
No 13th month ?
Joined: Oct 2007
Posts: 552
Likes: 22
From: Hong Kong
Although no company does expectation management like our Company.....
Even when considering that the economic news has softened a bit lately, the reported profit in the first six months was huge, it is inconceivable that no 13th month is paid!
Even when considering that the economic news has softened a bit lately, the reported profit in the first six months was huge, it is inconceivable that no 13th month is paid!
Joined: Sep 2004
Posts: 129
Likes: 0
From: Canada
So I was just on intracx and there was a memo on the home page saying that our annual 13th month discretionary bonus would be paid (to eligible staff) on our December pay.
Now it's gone. Was it a mistake?
. I copied the link so I can confirm that it existed but the actual page is no longer there.
I assume that the other existing memo regarding a staff pay increase in 2012 does not include cockpit crew right?
Merry Chri errr I mean Happy Holidays!
Now it's gone. Was it a mistake?
. I copied the link so I can confirm that it existed but the actual page is no longer there. I assume that the other existing memo regarding a staff pay increase in 2012 does not include cockpit crew right?
Merry Chri errr I mean Happy Holidays!
Joined: Nov 2007
Posts: 227
Likes: 0
From: Hong Kong
Why can't the AOA get on-board with this?
Action is not really required. A "timely and credible" threat of action will affect the bottom line. So Management can justify an expenditure to ensure the profit.
The AOA GC are about as scary as a 5 year old with a toy sword. The chance of anyone getting their eye poked out are minimal.
Joined: Aug 2007
Posts: 241
Likes: 0
From: hong kong
Are you in the AOA?
If you are, read your back updates. There was a pay rise in Jan 11, HDP increased in July 11, there.s another pay rise next May and HDP goes into the 13th month payment in next year.
