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EK Bonus

Old 12th Apr 2016, 19:37
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EK Bonus

I can't believe how quiet it's been on the Bonus front. No one wants to talk about it and the few that do say we aren't going to get anything. Rubbish!
The profit is going to be massive and we should get about 10-12 weeks Bonus. What does the pilot group think? What are we going to get?
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Old 12th Apr 2016, 19:48
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Plan on 0, never disappointed if anything given!
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Old 12th Apr 2016, 20:54
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big difference between what we should get and what we will get.. if history is anything to go by.

the lack of interest is telling though
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Old 12th Apr 2016, 21:32
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No thanks! No profit share and no payrise - give me 15 days off a month and 60-70 hrs and that's the biggest bonus you can payout! I'm pretty sure I'm not alone
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Old 12th Apr 2016, 22:32
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I would say declaring a healthy dividend to the Investment Corporation of Dubai, is far more likely than us seeing anything worth talking about.

Petrol subsidies have gone, VAT is coming and a new 35AED 'service charge' is being levied on all airline tickets for all passengers passing through Dubai. You don't have to look very far to see that Dubai is quietly implementing its own version of austerity measures.
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Old 13th Apr 2016, 02:47
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The bonus is a brand new free villa in Meydan South.
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Old 13th Apr 2016, 05:23
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Originally Posted by 777-200LR View Post
No thanks! No profit share and no payrise - give me 15 days off a month and 60-70 hrs and that's the biggest bonus you can payout! I'm pretty sure I'm not alone
That's for the coming year. I still want my profit share for working my a** off, helping to create the biggest profit ever, thank you very much....
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Old 13th Apr 2016, 05:38
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Pilot pay review has been completed already.Sounds like 5% pay raise for Capts and 20 % for FO's to curb attrition and promote recruitment. But increase in hourly for both, Capt slightly more than FO
Profit share this year 2 -14 weeks is my guess.
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Old 13th Apr 2016, 06:14
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Originally Posted by fatbus View Post
Pilot pay review has been completed already.Sounds like 5% pay raise for Capts and 20 % for FO's to curb attrition and promote recruitment. But increase in hourly for both, Capt slightly more than FO
Profit share this year 2 -14 weeks is my guess.
Is this a wind up, or do you actually have a credible source?
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Old 13th Apr 2016, 06:21
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Calm it Los, the full stop was missed. Should read 0.5% for Capts and 0.20% for FOs. Straight from the CSA on my last flight. She knows people that know people. Flight pay will increase as more hours will be flown.
The Bonus this year is we wont be getting an email from TCAS saying that the pay review has been delayed due lack of interest.
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Old 13th Apr 2016, 06:31
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Originally Posted by donpizmeov View Post
Calm it Los, the full stop was missed. Should read 0.5% for Capts and 0.20% for FOs. Straight from the CSA on my last flight. She knows people that know people. Flight pay will increase as more hours will be flown.
The Bonus this year is we wont be getting an email from TCAS saying that the pay review has been delayed due lack of interest.
Yeah, that makes more sense... haha!
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Old 13th Apr 2016, 06:34
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Nobody has a credible source on this!

I wonder if we'll conveniently miss our massive profit share target? If we do hit it, then something similar to last year, 8-10. Though 4 or less wouldn't be a shock.

Any pay rise likely will be in flight pay to absolve the company from increased provident fund contributions. No more than step on the basic.

In terms of remuneration, EK is no different from any other major these days. It's corporate and it's greedy. Replace EK with DL, BA, LH etc. It's about the shareholder(s) and nothing more.

No email from TCAS will be nice though.
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Old 13th Apr 2016, 06:43
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Originally Posted by Calmcavok View Post
Nobody has a credible source on this!

I wonder if we'll conveniently miss our massive profit share target? If we do hit it, then something similar to last year, 8-10. Though 4 or less wouldn't be a shock.
STC can be heard saying on ICE that the profit will be considerably bigger than last year's. This in spite of declining yield and the strong dollar. He also admits that the strong dollar ia actually both a pro and con...

But yes, the PS target is also considerably higher...

If anywhere near the PS target and less than last year will be paid out, it's a big slap in the face...
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Old 13th Apr 2016, 07:00
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Ja, I heard TopCat saying that as well. Around a month until we find out. Needless to say my breath is not bated.
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Old 13th Apr 2016, 07:56
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There is a prime VP source within the Labour Camp. Though it may take water boarding to make him spill the beans - soft cushions and wailing were tried last year, to no avail.
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Old 13th Apr 2016, 08:26
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Let's face it, if the company can't make big fat profits when the fuel price has been this low (despite pressure on yields, currencies, blah blah) there is no hope when the oil price rises again. I'm sure the prediction of 0-15 is bang on ha
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Old 13th Apr 2016, 12:25
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Can we stop it with the "bonus" talk. We don't get any sort of bonus. A bonus is a reward. It's a stinkin' profit share. They make a profit....we get a share.....supposedly. When was the last time they rewarded us for anything, going the extra mile and all. We don't contribute one fil to their profit. Any profit they make will be first sent to whomever, and we get a share of the fils left over. It is not a bonus by any means.
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Old 13th Apr 2016, 13:08
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And before someone asks , take your basic pay x12 divide by 52 will give you weekly
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Old 13th Apr 2016, 14:21
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Weekly what? 😃

halas
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Old 13th Apr 2016, 15:02
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Weekly pay X #week profit
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