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EK Profit Share

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EK Profit Share

Old 27th Apr 2005, 09:00
  #1 (permalink)  
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Join Date: Nov 2002
Location: Canada
Posts: 51
Todays profit share. Any guesses?

I say 5 weeks profit share and the normal 3% pay increment. Anyone else?
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Old 27th Apr 2005, 09:48
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Join Date: Nov 2002
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I thought 4 weeks had already been announced?
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Old 27th Apr 2005, 09:51
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First I have heard. So it is 4 weeks?
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Old 27th Apr 2005, 11:25
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so guys is it for sure 4 weeks. What is the target next year... 5 billion?
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Old 27th Apr 2005, 11:43
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Join Date: Jun 2004
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An interesting question especially with the high price of fuel. Is that going to be taken into account for next years target? It should be,as that's what we've been constantly reminded about this year.Setting unrealistic targets merely puts enormous pressure on dept's to cut costs regardless,like recruitment freeze for example.That can't continue year on year or eventually the Airline will grind to a hault.
Give everyone a decent salary in the first place, then set a realistic target. And why exactly 4 weeks. Always a convenient round number isn't it. Do you think we've been rounded up or rounded down.....mmmm?
The problem with the current system is that when you're given the likes of 10 weeks profit pay one year, if you don't better it the following year you feel cheated.

.....And that's a feeling I think many will have right now
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Old 27th Apr 2005, 11:44
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Join Date: Dec 2000
Location: The Beach
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Yeah, if they hit 5 billion we will get ,something about 1 weeks share.
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Old 27th Apr 2005, 11:47
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Join Date: Feb 2005
Location: UAE
Posts: 47
Angry EK Profit Share

A 'generous' bonus? I don't think so. When will those at the top of the food chain realise that many of us here are not happy and that a 'generous' 4 weeks is not what we expected. Sorry but the CVs are now being sent out.
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Old 27th Apr 2005, 11:53
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Join Date: Jul 2002
Location: The Sandpit
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What a joke!!!!!!!!!!!!!!!

Keep discovering ey!
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Old 27th Apr 2005, 12:00
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Join Date: Dec 2000
Location: The Beach
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Only way to redeem the situation is by at least a 20% pay rise!!! and there is as much chance of that as there is of getting a B*** J** from the Pope.
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Old 27th Apr 2005, 12:05
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Join Date: Mar 2001
Location: Anywhere and Everywhere
Posts: 74
Now Now Boys!

Play Nice! Dont forget about the 10% increase in utility allowance that we are getting as well!

Oh! Wait a sec, I'm in coompany accom so that equates to, let me think,,,,,,, ah. NOTHING!

Keep Discovering!
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Old 27th Apr 2005, 12:18
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Join Date: Jul 2000
Posts: 88
Hi guys, downroute at the moment. Please confirm a 10% increase in utility allowance has been announced? Effective immediately? Any word on pay? thanks.
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Old 27th Apr 2005, 12:34
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Join Date: Dec 2003
Location: LE SAND
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PLEASE dont forget its not 4weeks its 20 days (why they dont give it to us in days is a mystery) so its actually 2weeks and 6 days bonus!!!!!!!they dont want to pay us on a day off now that would be way to generous!! anyway keep discovering
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Old 27th Apr 2005, 13:11
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Join Date: Dec 2004
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The one thing that would be nice to know would be how many weeks the senior managers get. Last year, I believe it was significantly more than the 10 weeks us plebs received.

BTW Ringa, I checked last year's May pay slip, and it was actually 70 days they gave us, so expect the 4 weeks will get you 28 days.

Now, does anybody know anything about a UAE labour law regarding payment of a 13th month salary, as per our expat colleagues in Asia?
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Old 27th Apr 2005, 13:27
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Join Date: Mar 2003
Location: uae
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only 4 weeks

That's it. 1 bil us profit over 2 years and only 4 weeks
CV's being updated
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Old 27th Apr 2005, 13:46
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Join Date: Aug 1998
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Speaking for the other 1180 of us who are just muddling along enjoying ourselves, I'd say we can't wait to see the back of you.

You know you would have made the same post whether it was eight weeks or twelve weeks.

Tiresome git.
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Old 27th Apr 2005, 13:59
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Join Date: Dec 2003
Location: Dubai
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RINGAdingding

That's not true mate & has allways been a miss informed rumour post profit share.
I don't think 4 weeks is fare for the effort on our part but your just doing the maths wrong.
You will get 4 weeks :

Pre bonus salary, times 12, divide by 365, times 28. = dhs to pay off the credit card.

cheers
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Old 27th Apr 2005, 14:24
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Join Date: Mar 2003
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you sure the other 1180 pilots are happy with that?
not the ones I fly with
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Old 27th Apr 2005, 14:59
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Join Date: Jul 2000
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Gulfa is spot on. What about the utility increase though? Was one announced?
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Old 27th Apr 2005, 17:46
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Join Date: Dec 2003
Location: LE SAND
Posts: 55
I stand corrected GULFA so we can expect a whole months salary then?? well the maths makes it pretty close spare a few dingdongs.

FUGAZI i believe 10 percent is the order of the day for allowance paid pronto. Doesnt affect me any so what the hell!!
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Old 27th Apr 2005, 18:49
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Join Date: Dec 2003
Location: Dubai
Posts: 15
If the month is february then yes.

Don't spend it all at once.

I think the utilty thing is saying to all of us hanging around " buy your own house asap ! " and get out of Mr Cucumbers grasp
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