Ek Profit share forecasts
Join Date: Apr 2003
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The biggest mistake guys make is to believe Profit share is a given when the company makes money. Not in this neck of the woods. They do what they want with their profits. On that note is there anywhere it's written in the updated Employee Hand Book ? (even if it's written, doesn't mean it will be honoured, it looks nice am sure for recruitment purposes) If they don't "spread the love" with a few crumbs from the profits, the rules of the game don't change.......back to work. And they ain't nothing we can do about it. And the "we will resign" boat sailed ages ago and only a few was on it.
Sorry chaps to be negative but that's how the cookie crumbles.
Sorry chaps to be negative but that's how the cookie crumbles.
Join Date: Mar 2004
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Well done McGreaser i could not have put it better myself!!!
This whole thread is a waste of time, anyone who has been here long enough will realise by now that you will only get what they want to give you, and that will be as little as possible.
Ask yourself why? because it's the culture of the people you work for.
Get as much out of you for as little in return. You might say that's the culture of most companies these days, yes they might want their "pound of flesh" but they still pay for it.
So the fact of the matter is, we will get what we get and that is it, so don't go out and buy that new car just yet. Wait and see because you just don't know, no body who matters does, not yet.
So I heard anyway...........................
This whole thread is a waste of time, anyone who has been here long enough will realise by now that you will only get what they want to give you, and that will be as little as possible.
Ask yourself why? because it's the culture of the people you work for.
Get as much out of you for as little in return. You might say that's the culture of most companies these days, yes they might want their "pound of flesh" but they still pay for it.
So the fact of the matter is, we will get what we get and that is it, so don't go out and buy that new car just yet. Wait and see because you just don't know, no body who matters does, not yet.
So I heard anyway...........................
The biggest mistake guys make is to believe Profit share is a given when the company makes money. Not in this neck of the woods.
On that note is there anywhere it's written in the updated Employee Hand Book ?
(even if it's written, doesn't mean it will be honoured, it looks nice am sure for recruitment purposes)
Sorry to sound like a sycophant, but this is just not based on reality. When tthey have announced a profit in excess of their target, they have given a bonus in accordence with the policy.
If you don't agree with that, state the year it didn't happen (And don't say 2009 as we DIDN'T meet target or 2010 as they didn't POST a target!).
Might the announced profit be manipulated?
I guess so, though I'd be interested in anyone able to actually produce evidence of it.
Join Date: Aug 2010
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Evidence?
WOW........does anyone need any evidence here
........it does not matter there is evidence or NOT.........the MAIN POINT is.............
NEVER BELIEVE ANYTHING in this place................NEVER.........
NOT when they announce it......NOT when they publish it......NOT when it gets deposited into you bank account................ONLY BELIEVE IT when you are walking away from the bank with CASH IN HAND!!!!
........it does not matter there is evidence or NOT.........the MAIN POINT is.............NEVER BELIEVE ANYTHING in this place................NEVER.........
NOT when they announce it......NOT when they publish it......NOT when it gets deposited into you bank account................ONLY BELIEVE IT when you are walking away from the bank with CASH IN HAND!!!!
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Hmmmm, 400 weeks and a 2 million% pay increase.... Who gives a stuff, we'll find out in a few weeks!!!
There are only 3 people in this company who ACTUALLY know what it's going to be, and (I'm pretty certain of this) none of them post on Pprune, so stop losing sleep over it chaps!
There are only 3 people in this company who ACTUALLY know what it's going to be, and (I'm pretty certain of this) none of them post on Pprune, so stop losing sleep over it chaps!
Join Date: Jul 2005
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one of those 3 ppl is a good friend of mine. we have coffee together every week, therefore I know.
Its gonna be.........pls see my previous post on this thread.
BTW when is the official anouncement going to be made?
Its gonna be.........pls see my previous post on this thread.
BTW when is the official anouncement going to be made?
Join Date: Jul 2005
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@Schibulsky
You are 51. By now, you should know:
1. rich people never have change to pay for the coffee.
2. rich people dont have friends, only associates.
so... I guess that friend of mine must be "an imaginary friend".
so....a friend on my "imaginary friend" says 8 weeks.
once again, when is that announced?
You are 51. By now, you should know:
1. rich people never have change to pay for the coffee.
2. rich people dont have friends, only associates.
so... I guess that friend of mine must be "an imaginary friend".
so....a friend on my "imaginary friend" says 8 weeks.
once again, when is that announced?
Join Date: May 2009
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Historically speaking!
The last thursday of April is usually the day the meeting was at the Crown Plaza (along with free canapes & 7up) and the payment is in the may pay packet.
But that's only historically speaking.
& the pay review?
But that's only historically speaking.
& the pay review?
Join Date: May 2005
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Considering the Middle Eastern countries are uprising due to governments sucking all the cash out of the people, what's different here than anywhere else? (infact isn't it called taxes elsewhere?) I agree that the profit share is a payment for previous loss in wages, so which ever way you look at it you are never going to be up! Maybe all expats should also ask for the UAE local pilots living allowance of about 7000 AED a month (because it is expensive to live in Dubai is the reason they get it I was told). So 7k x 12 = 84k they have already made as a pre-profit bonus on-top of the standard salary.
Guys, read the papers, EK have been slow to realize that it's not delivery or aircraft supply issues that will hamper the companies growth, we all know its the pilot numbers that will slow growth if the financial reward does not catch up. As a previous poster stated, press 2 if you are not impressed with the back pay that will come in Mays pay packet. In any company, the MOST important asset is the workforce. Its your choice, be happy with what you get but always remember, if ever you feel like you have a sick feeling in your gut, just press 2 as we don't want anyone flying who is not 100% fit and comitted for duty.
Guys, read the papers, EK have been slow to realize that it's not delivery or aircraft supply issues that will hamper the companies growth, we all know its the pilot numbers that will slow growth if the financial reward does not catch up. As a previous poster stated, press 2 if you are not impressed with the back pay that will come in Mays pay packet. In any company, the MOST important asset is the workforce. Its your choice, be happy with what you get but always remember, if ever you feel like you have a sick feeling in your gut, just press 2 as we don't want anyone flying who is not 100% fit and comitted for duty.
