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Nothing in the kitty

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Nothing in the kitty

Old 14th Aug 2018, 10:05
  #1 (permalink)  
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Nothing in the kitty

On Friday I had the pleasure of having my lunch ( tuna and tomato sandwich and ginger ale ) sitting opposite a young woman who has recently joined CX from EK to improve pilot recruitment. She asked if I was a pilot (yes) and what fleet (777). I didn't know CX had 777's was her reply. I thought CX only operated Airbus. No I said that is Cathay Dragon. I reruit for them too was her answer. I bet you are struggling to meet your cadet quotas I asked. Yes she said and asked me for any suggestions. You get what you pay for I said. Up the package being offered and your numbers will improve and then tackle the many other issues to retain the pilots. We can't up the package she said "there isn't any money in the kitty for that". Pity I said because thats what it will take to get numbers rising. By the way why did you leave EK to join CX I asked. Her answer " a better package of course ".
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Old 14th Aug 2018, 10:14
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Her answer " a better package of course ".
Thus demonstrating the extreme naivety of the people tasked to fix this mess.....
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Old 14th Aug 2018, 10:31
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Also demonstrating the fact that we are faced with either a long, dedicated, committed fight, or leaving for more sane and stable pastures. If you are under 45, not much to debate as to which is probably your better bet. It is obvious that CX is desperately stonewalling in hopes of some economic shock, that they can then use to justify paying nothing. That seems to be their (only) strategy. My two FO's on this weeks long haul were both leaving imminently, so the message has well and truly got through. CX is toast.
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Old 14th Aug 2018, 10:40
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Funny, there always seems to be plenty in the kitty for management pay and bonuses. Curious. Seriously, we are being taken for a ride. Every single one of us (and our families as well). They have effectively decided to simply ignore our demands. They realise the airline is cratering from the inside with an uncontrollable resignation rate, but they are pinning their hopes on the economy turning, an airline or two shutting down and voila, problem solved. In sum, the individual pilots that stay at CX are probably going to suffer a very frustrating and unsatisfying career. The current hiring boom will not last forever, and in the meantime many of our colleagues are securing themselves on other seniority lists, and building a buffer beneath them month by month. The time to leave is now. Otherwise, prepare to suffer the inevitable frustration of being trapped for years in this situation.
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Old 14th Aug 2018, 14:27
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Funny, there always seems to be plenty in the kitty for management pay and bonuses.
and management **** ups...
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Old 14th Aug 2018, 17:50
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Well recruitment here at EK is a complete and utter disaster, as is pilot retention. I cannot see what some muppet manager from EK will do to help CX. This makes me laugh.
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Old 15th Aug 2018, 00:47
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Thatís what I was thinking, Motley.
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Old 15th Aug 2018, 00:55
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swh

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Originally Posted by motley flight crue View Post
Well recruitment here at EK is a complete and utter disaster, as is pilot retention. I cannot see what some muppet manager from EK will do to help CX. This makes me laugh.
The common complement made by many at EK the best process is the staff that provide a smooth departure.
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Old 15th Aug 2018, 01:08
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I would be curious to know if this young woman was recruited on expat terms or some form of HKPA?

At risk of thread drift, did the boffins in Fuel Hedging make the most of the low fuel prices to hedge at $40 so that we can win on fuel costs for the next 4 years? Might put some money in the kitty to improve the lot of people other than the Leaders.
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Old 15th Aug 2018, 02:45
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I didn't ask her about her terms but the "package" was better than at EK she said.
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Old 15th Aug 2018, 03:08
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Nothing in The Kitty ?

Must be a little bit left as someone had to pay for the Unconscious Bias training and the time spent shepherding in the new "Diversity and Inclusion" programs.

Somebody please tell me I'm not dreaming this ???

Read a book by Orwell if you want answers..
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Old 15th Aug 2018, 18:24
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Interesting to note and not really emphasised is that the new manager from EK was unaware of the actual aircraft types operated by CX. This is the current state of affairs whereby managers are unaware of the technical status of the airline that they work for. Or are not interested.
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Old 16th Aug 2018, 01:05
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Hardly surprising as every cabin crew thinks the 747 retired from cx a couple of years ago. I wounder if the new talent acquisition know our fleet or size.
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Old 16th Aug 2018, 01:55
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Originally Posted by The FUB View Post
I wounder if the new talent acquisition know our fleet or size.
Probably not, but you can be certain more than a few aspiring CX pilots got a red mark against their name from the HR clowns when they couldnít recite it during the interview.
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Old 16th Aug 2018, 04:11
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Originally Posted by Apple Tree Yard View Post
... It is obvious that CX is desperately stonewalling in hopes of some economic shock, that they can then use to justify paying nothing. That seems to be their (only) strategy. My two FO's on this weeks long haul were both leaving imminently, so the message has well and truly got through. CX is toast.
They are not hoping for that since that would affect revenue and bonuses. Probably has more to do with simple human procrastination to deal with a tough issue.

I do have a question for all those predicting hard times for CX ahead. If you go read a lot of the investor analysis for Cathay you will see very little in the way of talk about industrial relations. Most of the reports I have read usually refer to the hedging, overall costs, HKA competition, Mainland competition, etc. The small amount of mention about employee relations are often in reference to their long-term restructuring program to trim costs (i.e. cut direct labor costs). Obviously it's a different story from the pilots working there. I am very curious what some of you guys think about this discrepancy between those "in the trenches" and the financial analysts that measure or predict company performance.
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Old 16th Aug 2018, 04:26
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A recent interviewee of the new joint process (European low cost Captain, 10K hours, trainer) kept on being asked about the CX contract compliance. Her answer was that it didn't interest her as she had applied to KA. The interviewers couldn't understand why she didn't prefer to work for CX. She didn't get the job.
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Old 16th Aug 2018, 04:40
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Many years ago, strong rumours abounded of recruiters knocking back guys with C-130 time in favour of applicants with C-152 time because the bigger number would naturally indicate a bigger aircraft and greater experience.
This company has a long and prestigious heritage to maintain, why change now?
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Old 16th Aug 2018, 04:46
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True story. Back when CX had an another "genius" idea to hive off the freighter network and hire pilots from the street to crew it (ASL). Thing is, there was a bit of a boom in aviation at the time, so anyone out of work was out of work for a reason. Needless to say, questionable individuals with completely clueless recruiters resulted in, shall we say, some "interesting" recruits. Another epic "own goal" from CX management. Seems like they want to relive those days once again.
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Old 16th Aug 2018, 04:47
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Nothing in the Kitty...? Soon there will be nothing in the cockpit either.
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Old 16th Aug 2018, 06:41
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...financial analysts that measure or predict company performance.
Are these the same geniuses that where giving failing investment firms buy ratings during the last financial crisis? Or are they the same ones that predicted fuel would go up and purchased said hedges?

I think the the world would be a better place with less of these financial analysts and clueless managers.
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