EK Profit Share after retiring
Thread Starter
EK Profit Share after retiring
Hi Folks
I took early retirement from EK late last year, and hopefully someone can clarify the position regarding Profit Share.
I always understood that you had to be on the payroll either when it was announced or when it is paid (cannot remember which) in order to receive anything. Now an ex-colleague, still in EK says you can write and ask that you are awarded a pro-rata amount for the time you were there.
As I cannot access the HR manual anymore, would someone please clear this up once and for all.
Thanks
I took early retirement from EK late last year, and hopefully someone can clarify the position regarding Profit Share.
I always understood that you had to be on the payroll either when it was announced or when it is paid (cannot remember which) in order to receive anything. Now an ex-colleague, still in EK says you can write and ask that you are awarded a pro-rata amount for the time you were there.
As I cannot access the HR manual anymore, would someone please clear this up once and for all.
Thanks
Join Date: Jan 2001
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Good luck with that....
The last I checked, 50% of 0 is still 0.
Hope you're enjoying your retirement, but to receive anything, you must still be here and not under notice (or any sort of warning letter) when the money is paid.
The last I checked, 50% of 0 is still 0.
Hope you're enjoying your retirement, but to receive anything, you must still be here and not under notice (or any sort of warning letter) when the money is paid.
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break dancer
Not strictly true. Final warning yes, but verbal or written warning still entitles you to profit share scheme. Not that I'm speaking from experience you understand.....
Harry
Not strictly true. Final warning yes, but verbal or written warning still entitles you to profit share scheme. Not that I'm speaking from experience you understand.....
Harry
Join Date: Aug 1998
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If you retired from Emirates you will receive a pro-rated amount of the profit share. If you left Emirates you get squat.
Speaking of which - where are the rumours? It's only three weeks until the year closes out. The hills should be alive with the sound of pre-emptive whining by now.
Perhaps you are all too tired?
Speaking of which - where are the rumours? It's only three weeks until the year closes out. The hills should be alive with the sound of pre-emptive whining by now.
Perhaps you are all too tired?
Thread Starter
Dropp the Pilot
Now I am confused!
Yes, I retired, albeit early as I was in the age bracket that entitled me to do so. (That is confirmed by the fact that I am entitled to retirees staff travel).
Are you able to send the the details from the HR Manual, or give me a clue as to where this is written, so that I may then contact HR with a quote from their own manual? For sure, if I contact them for information, they will either not reply or as happened when I was in the leaving process, give me inaccurate information.
Thanks in advance!
Now back to relaxing with a sun-downer very shortly ................
Yes, I retired, albeit early as I was in the age bracket that entitled me to do so. (That is confirmed by the fact that I am entitled to retirees staff travel).
Are you able to send the the details from the HR Manual, or give me a clue as to where this is written, so that I may then contact HR with a quote from their own manual? For sure, if I contact them for information, they will either not reply or as happened when I was in the leaving process, give me inaccurate information.
Thanks in advance!
Now back to relaxing with a sun-downer very shortly ................
Join Date: Aug 1998
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I don't think age bracket is going to do it. You'd have to have reached age 60 or maybe even 65 if you haven't been here long. If you know someone with access to the portal it's all quite succinctly described on the portal under the "Profitshare" tab.