the boy who cried wolf!
Join Date: Oct 2007
Location: Hong Kong
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It shouldn't even be called profit share......
Call it what it is, given the amount of sizable profits that have been made over my 20+ years, and given that it is seldom paid anymore, it's a discretionary bonus.
Very discretionary....
Call it what it is, given the amount of sizable profits that have been made over my 20+ years, and given that it is seldom paid anymore, it's a discretionary bonus.
Very discretionary....
Last edited by raven11; 16th Mar 2013 at 05:40.
Actually it's the worst kind of dishonesty because it has the whole Company waiting with baited breath every year - only to be disappointed and confused because even in fantastic, record breaking years it doesn't seem to amount to very much. Employees at the John Lewis partnership in UK (big general retail store where all employees are, literally, partners) got 17% of their salary as a bonus (profit share) last year. That's in the retail sector which is having an even harder time than aviation. It's honest and straightforward whereby everyone gets the same ratio of bonus. 17%? = 62 days. Now that would bring a smile to your face.
Finally, and we all wonder this every year. Just how much of a 'profit share' do our gallant leaders get when we get nothing? Wanna bet it's about 17%???
We do a great deal to save this Company lots of money every time we fly.......................
Thanks everyone.
Finally, and we all wonder this every year. Just how much of a 'profit share' do our gallant leaders get when we get nothing? Wanna bet it's about 17%???
We do a great deal to save this Company lots of money every time we fly.......................
Thanks everyone.
Join Date: Apr 2008
Location: ...where CrewControl won't find me!
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Audi, the German car maker, had to "decrease" the profit share to 8000 Euros, call it 80,000 HKD, per employee... And that at a time where carmakers are also facing difficult times!
