Go Back  PPRuNe Forums > PPRuNe Worldwide > Middle East
Reload this Page >

EK Financial Gurus/Profit Share/Resignation Timing

Wikiposts
Search
Middle East Many expats still flying in Knoteetingham. Regional issues can be discussed here.

EK Financial Gurus/Profit Share/Resignation Timing

Thread Tools
 
Search this Thread
 
Old 7th Jul 2015, 14:18
  #1 (permalink)  
Thread Starter
 
Join Date: Aug 1998
Location: the ridge where the west commences
Posts: 770
Likes: 0
Received 0 Likes on 0 Posts
EK Financial Gurus/Profit Share/Resignation Timing

Two questions:

-In the past, have half-yearly results enabled one to make a good prediction as to the likelihood of profit share being paid out?
-What precise resignation date should one choose to ensure getting any profit share on your last day in-country? This choice is complicated by the fact that the money has always been paid on the May payslip but the letter of the law says that it is paid with June pay...
Dropp the Pilot is offline  
Old 7th Jul 2015, 14:26
  #2 (permalink)  
short flights long nights
 
Join Date: Aug 1999
Posts: 3,881
Received 154 Likes on 48 Posts
For me, Dropp, I took the position that I could not give a fcuk. So resigned without bonus in thought.

But I think you have to be employed, or in your 3 month resignation period to get the bonus.

However, I am ready to be corrected.
SOPS is offline  
Old 7th Jul 2015, 22:00
  #3 (permalink)  
 
Join Date: Dec 1998
Location: UAE
Posts: 11
Likes: 0
Received 0 Likes on 0 Posts
I left EK a few years ago after 4 years in the company. It was written in a manual (can't remember which one now) who is entitled to get the bonus even if you have your notice in. I planned mine around that added a week and no worries. Also for those leaving before doing 5 years service its a good idea resign after your join date anniversary (if you can) because a completed year helps your end of service benefits.
logan is offline  
Old 8th Jul 2015, 09:36
  #4 (permalink)  
Guest
 
Join Date: Apr 2003
Posts: 876
Likes: 0
Received 0 Likes on 0 Posts
If you joined after 2009, the 5/7 years for the provident do not start when you joined EK but when you joined the scheme a few months later.
So check before handing your notice.
PPRuNeUser0215 is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.