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EK Annual Results, EK Bonus, Emirates Profits etc

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EK Annual Results, EK Bonus, Emirates Profits etc

Old 12th May 2010, 09:41
  #21 (permalink)  
 
Join Date: Dec 2000
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[email protected]#$## ## ###$%^ &&& #@#@#

145qrh is offline  
Old 12th May 2010, 09:46
  #22 (permalink)  
 
Join Date: May 2010
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They never promised anything about always naming the profit TARGET at the beginning of the year and they never promised that even if they make BILLIONS, they'll share it commensurate with the size of the haul.

Lucky they never named a target - this way they can massage things a little so they don't do themselves an injury when they see how much they might have to "share" according to their "system."
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Old 12th May 2010, 09:54
  #23 (permalink)  
 
Join Date: Jul 2003
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468mil last year, 1.1 bil this year and we get 3 weeks. it's about to get much worse online.
Instant Hooligan is offline  
Old 12th May 2010, 09:54
  #24 (permalink)  
 
Join Date: Jul 2009
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Now remember: We get profit share, management gets profit share PLUS bonus.

Guess which one's higher...
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Old 12th May 2010, 09:55
  #25 (permalink)  
 
Join Date: Mar 2010
Location: that western skyline
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A while ago, on this forum, a person with the handle: ManagementInMotion advised us collectively not to “bite the hand that feeds us”. Clearly a portent.

To paraphrase, he also stated that the recruiting problem was fuelled in part by bad press posted by EK pilots on this site. His solution was to tell us to stop telling the truth, allowing the company to deceive more pilots in to joining, thereby increasing manning levels and easing work pressure on us.

What a jackass.

With this Scrooge-like, inconsequential and trivial gesture of 3 weeks profit share - meted out from the second highest profit ever recorded by this company - our master has signalled his appreciation for our effort.

If EK Management thought we were unhappy before today… well, they haven’t seen anything yet.

Those nice little video clips regarding EK’s recruitment woes have been viral on this forum and they are well done. I recall a scene from the original film, The Right Stuff, whereupon one character stated: No bucks = No Buck Rogers.


This is a disgrace.
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Old 12th May 2010, 10:10
  #26 (permalink)  
 
Join Date: May 2009
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If nothing else EK will be giving a helping hand to the likes of Vietnam and Korean, or any other airline looking to recruit Type Rated pilots.

Cav.
CAVnotOK is offline  
Old 12th May 2010, 10:16
  #27 (permalink)  
 
Join Date: Nov 2004
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What a joke.......I go to the toilet, need to ...
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Old 12th May 2010, 10:20
  #28 (permalink)  
 
Join Date: Jul 2003
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Cav,
Wait till the "sleeping giant" recovers. Our yankee brothers can't wait to jump ship it's only a matter of time.
Instant Hooligan is offline  
Old 12th May 2010, 10:29
  #29 (permalink)  
 
Join Date: May 2005
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Formula for profit share

Can anyone work out actual percentage/fraction of monthly salary for 3 weeks.....Dadster.
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Old 12th May 2010, 10:41
  #30 (permalink)  
 
Join Date: Jul 2003
Location: DontBai
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Emirates Employee Financial Results

The Employees of Emirates Airlines today announced huge losses for their financial year ending March 2010. The figure of $1.1 billion dollars net losses came about from reduced salary, loss of contractual pay increases, utilities payment cap, increased productivity threshold and an overall increase in hours worked.
A spokesperson for the employees said "one cannot begin to comprehend the lack of distrust,lack of motivation and general bad feeling that has been created by these losses".
Instant Hooligan is offline  
Old 12th May 2010, 10:44
  #31 (permalink)  
 
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Sad but true Chap, sad but true...
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Old 12th May 2010, 10:51
  #32 (permalink)  
 
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profit calculation

monthly salary x 12 / 52 = y . yx3= your profit share.
neh13 is offline  
Old 12th May 2010, 10:58
  #33 (permalink)  
 
Join Date: May 2009
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I really want to be here to see it happen, but............
I really don't want to be here!

What to do???

Cav.
CAVnotOK is offline  
Old 12th May 2010, 11:00
  #34 (permalink)  
 
Join Date: Sep 2006
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Getzo,

People always get this wrong. It's your monthly salary x 12 months / 52 weeks. Basic only.

But trust me, I still think it's disgraceful and sucks.

CO
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Old 12th May 2010, 11:05
  #35 (permalink)  
 
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Posts: 2,953
GEtzo...its your basic multiplied 12, divided by 52, and then multiplied by 3. So you get a bit more than your 15 days.

The Don
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Old 12th May 2010, 11:13
  #36 (permalink)  
 
Join Date: Jul 2009
Location: On the sidewalk
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Now remember: We get profit share, management gets profit share PLUS bonus.

Guess which one's higher...
InnocentBystander is offline  
Old 12th May 2010, 11:15
  #37 (permalink)  
 
Join Date: Oct 2007
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It has been announced that the next target is 4.25 billion dirhams for this financial year.
Let's see......
oz in dxb is offline  
Old 12th May 2010, 11:32
  #38 (permalink)  
 
Join Date: Mar 2010
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If nothing else EK will be giving a helping hand to the likes of Vietnam and Korean, or any other airline looking to recruit Type Rated pilots.

Cav.


This has been the sentiment for a long time, but in reality I don't think, when push comes to shove, many will actually jump.

Emirates probably has the same expectation.
Rather Be Skiing is offline  
Old 12th May 2010, 11:54
  #39 (permalink)  
 
Join Date: Jul 2003
Location: DontBai
Posts: 240
So OZ we should really be truly thankful for our 3 weeks, cause next year if they only make the same AED 4.2 billion while we work ourselves ragged we'll get sweet F/A. See there's always a positive side.
Instant Hooligan is offline  
Old 12th May 2010, 11:56
  #40 (permalink)  
 
Join Date: Apr 2010
Location: The Turd World
Age: 62
Posts: 3
Devil Profit Shares

Why you lazy Pilots so much complain! You have good job and nice Accommodations and you are so Lucky to be in my beautiful country! and now a GENEROUS gift from H.H.! You are all lucky to have Job

We need more monyes for Local to enjoy good life and good job! also for debt reduction for all Country!

Now get back to work!!


Idle_Al_Retard is offline  

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