An example as to why the offer is woefully inadequate: This from the Daily Telegraph, today in London. As a review of this commentary shows, we can expect inflation of 5% or MORE in the coming year in the UK. This latest pay offer doesn't even address the past TEN years of inflationary erosion of our salaries, never mind the hyper inflation that is about to burst upon us. If we lock ourselves into this inadequate 28 month deal, we will be even further behind by the end of it. We need to demonstrate now that we deserve and demand a proper pay offer.

"As recently as February, the Bank was forecasting CPI inflation of 1.5pc by the end of 2010. That estimate has proved to be woefully wrong. But it was clear a long time ago that would be the case.
Every single month this year, inflation has been either on, or above, the "upper acceptable limit" of 3pc. Measured by the far more accurate RPI measure, inflation has spent several recent months at 5pc or more.
The November inflation number was driven by the high price of food and clothing. What's even more important than the specifics is that, with the Bank's monetary policy committee having down-played repeated inflation over-shoots, the UK's inflation-fighting credibility is now being widely questioned.
Survey evidence shows inflation expectations just surged to their highest level for more than two years, a sign that above-target price increases could become embedded in the minds of consumers.
People questioned during November expect CPI inflation of 3.9pc in 2011, sharply up on previous estimates. And that was before oil prices jumped another $8 a barrel this month – a rise that will soon feed through into motorists' petrol costs, hiking inflation concerns even more".

For those of you who are 'inclined' to accept the offer, here are a few specific examples of what inflation has done to our salaries, and associated living standards:

From 2000 through 2010:

Homeowners insurance UP 108%

Gallon of Heating Oil UP 150%

Property Taxes UP 77%

Average Electricity Bill UP 50%

Petrol UP 140%

Medical expenses UP 143%

Potato UP 67%

Egg UP 93%

Bread UP 50%


Needless to say, the pay rise offered is NOT EVEN CLOSE to making up for numbers such as the ones quoted above. If CX feels they can hold back pay for a decade, then give a 10% raise....then probably plan on holding it back for another decade...then more fool us if we accept. They need to address the epic erosion in the true value of our salaries these past 10 years. Until they make an offer that does that, then we must reject any half way offers.

To Air Profit

how do you forsee things playing out if the deal is knocked back?.
Do you think we should go straight into contract compliance, or give the company a brief opportunity to raise the offer?

From chatting to guys, I think its going to be about 50/50. Most guys seem torn between taking what they can get, whilst at the same time knowing its a sh!t deal.

...it's the constant acceptance of sh#t deals and sh#t treatment that has led us to the place we are currently at. Answers the question I think..

Well it's a NO from me.
Let's see how they like CC when they are already a hundred or so pilots short now...:yuk:

It's a no for me as well!!

pasa
 

Waah, sorry pasa, are you sure about that? Didn't you answer your phone on a G day??

don't post anything...don't post anything...don't post anything...

Don't worry it was only in the SCMP and less people read that than pprune right?:E

So what does that have to do with my vote? I answered the phone on a G day but I would never go to work. Never have never will!!

Your Cathay, You'll just roll over and take it up the arse like you always have. Piss and wind. :ugh:

Your Cathay?
 

Hi Hoof, is it your Cathay, or my Cathay,or their Cathay? Or maybe,:( you're in a situation where you should had paid more attention to your English lessons at school.

Well Mark, it could be argued that "all of the above" are correct. But hey - the accuracy of the sentiment expeessed still remains regardless of the level of my education. :ok:

Sometimes I wonder at the age and maturity level of people who post here. I just hope that the infantile corrections to grammar etc are not coming from pilots but from their children perhaps. Back to the post. Don't you think Cathay management would love you to vote NO? Then, as has happened a few times previously, nothing is given and it will take another ten years to start clawing a bit back. Take the money offered guys and then in due course look for a more equitable increase. CC etc frightens no one.

pay
 

Don't accept the offer. This shoud be an increase in pay to EVERYONE, with no riders , not "we will give you this for that"- it should be a straight pay increase - simple! These people are sh!t scared of CC, now is the time to go for the throat and get back what we are entitled to. They isolate goups whom they think have no support (A scale), who will be next? It should be a straight pay rise for all with no attachments NOT this pathetic offer.

That's it route go for the throat. But which throat, I wonder, will end up being cut? Given the historical record, world wide, of the almost complete lack of pilot union successes when involved in industrial action I feel certain that Swire management are quaking in their boots. My advice remains, take what you can when you can and then ask for more a bit later.

Bobble and other like-minded pussies - grow a set you pathetic wimps!:ugh:

Discussion on this pay offer should be kept to the AOA forum. You have to be an HKAOA member to vote on it. If you are not, you are irrelevant to any discussion on this subject.

You have a choice: join up if you are a Cathay Pacific pilot, or mind your own bloody business :suspect:.

My goodness but you are a sensitive little bunch. Whether or not I am or wish to be in the AOA is none of your concern, whether the pay increase affects me or not is my business. By the way Dart old chap, whoever in your tight little band of brothers is sharing information with a certain reporter on the SCMP has elevated this topic to the public domain - too late to close the door now. The letters to the editor will be starting soon and I would bet big bucks, if I was a gambling man, that they will not be very supportive of pilots. Don't care, I hear you say. OK.:D

Just plane wrong Bobble
 

Shouldn't that be "..if I were a gambling man..", i.e the present subjunctive of the verb "to be"?

STP

I don't know why I even read these forums....

box