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EK "5 Weeks ANNUAL Bonus Award" to become permanent part of the package?

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EK "5 Weeks ANNUAL Bonus Award" to become permanent part of the package?

Old 10th May 2018, 20:34
  #1 (permalink)  
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Join Date: May 2006
Location: Houston
Age: 47
Posts: 145
EK "5 Weeks ANNUAL Bonus Award" to become permanent part of the package?

Chock this up as "wishful thinking interpretation" but the way they worded the pay review it seems like the 5 weeks bonus will be permanent for pilots. I apply the following logic to this conclusion:

Under the following changes will apply to your package" line item 5. is an "Annual Bonus Award of 5 Weeks" to be paid "Annually" in the May Pay Packet. As a native english speaker (ELP6!) I understand an "Annual" "Bonus" should be paid "Every Year" beginning this year, right?

Also as this falls under the heading of "Changes Applied to the Pay Package", and it is NOT listed as "Profit Sharing" but instead as an "Annual Bonus Award", it seems to be a permanent new addition to the pay package... perhaps this was actually a big raise?

Yes I know "haha" but that IS the way it is written down, and I am sure they will make good on their written word every year from now on.

Something to ponder, that I thought deserved its own thread for discussion.
aeropix is offline  
Old 11th May 2018, 01:07
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Join Date: Dec 2006
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Originally Posted by aeropix View Post
Chock this up as "wishful thinking interpretation" but the way they worded the pay review it seems like the 5 weeks bonus will be permanent for pilots. I apply the following logic to this conclusion:

Under the following changes will apply to your package" line item 5. is an "Annual Bonus Award of 5 Weeks" to be paid "Annually" in the May Pay Packet. As a native english speaker (ELP6!) I understand an "Annual" "Bonus" should be paid "Every Year" beginning this year, right?

Also as this falls under the heading of "Changes Applied to the Pay Package", and it is NOT listed as "Profit Sharing" but instead as an "Annual Bonus Award", it seems to be a permanent new addition to the pay package... perhaps this was actually a big raise?

Yes I know "haha" but that IS the way it is written down, and I am sure they will make good on their written word every year from now on.

Something to ponder, that I thought deserved its own thread for discussion.
Yup, thatís what I understood as well!
Quite a good contract adjustment!

MS
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Old 11th May 2018, 01:10
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Join Date: Jun 2006
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Originally Posted by my salami View Post


Yup, thatís what I understood as well!
Quite a good contract adjustment!

MS
IT WILL NEVER HAPPEN!
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Old 11th May 2018, 01:49
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Join Date: Mar 2005
Location: Retired
Posts: 100
In other Gulf Countries I have worked my salary has always been based on the Hijiri Calendar, and I was paid accordingly.This generally worked out to an extra pay cheque per annum. I see this contractual adjustment as aligning us with our regional neighbours, and have managed my expectations accordingly.
Dirigible is offline  
Old 11th May 2018, 06:56
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Join Date: Mar 2018
Location: Dubai
Posts: 67
I just had another look at the pay review and this is how I read it too. 5 weeks as part of our package now. Of course we all know this cannot be true.

I wonder if a clarification email has been sent to HA yet?
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Old 11th May 2018, 08:52
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Join Date: Jul 2011
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Hope for the Best, and wish for your next years 5 week bonus. But, you all know its a mind game.
desertcamel is offline  
Old 11th May 2018, 09:36
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Join Date: Jul 2009
Location: Springfield
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Selling yourselves way too short....
Praise Jebus is offline  
Old 11th May 2018, 09:45
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Join Date: Jun 2007
Location: i'm in the parking lot
Posts: 245
Battered wives syndrome taken to an entirely new level.

Well done.
​​
The Turtle is offline  
Old 11th May 2018, 15:00
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Join Date: Aug 2010
Location: Banana Republic
Posts: 12
PROFIT SHARE and ANNUAL BONUS

Originally Posted by aeropix View Post
Chock this up as "wishful thinking interpretation" but the way they worded the pay review it seems like the 5 weeks bonus will be permanent for pilots. I apply the following logic to this conclusion:

Under the following changes will apply to your package" line item 5. is an "Annual Bonus Award of 5 Weeks" to be paid "Annually" in the May Pay Packet. As a native english speaker (ELP6!) I understand an "Annual" "Bonus" should be paid "Every Year" beginning this year, right?

Also as this falls under the heading of "Changes Applied to the Pay Package", and it is NOT listed as "Profit Sharing" but instead as an "Annual Bonus Award", it seems to be a permanent new addition to the pay package... perhaps this was actually a big raise?

Yes I know "haha" but that IS the way it is written down, and I am sure they will make good on their written word every year from now on.

Something to ponder, that I thought deserved its own thread for discussion.
Guys,
my understanding is different!!!

In HH letter is written Ö.. "profit share of five weeks" ÖÖ.. PROFIT SHARE
In fleet letter is written Ö."annual bonus award 5 weeks" Ö.. ANNUAL BONUS as change to our remuneration package

So two things Ö.. PROFIT SHARE and ANNUAL BONUS Ö.
So we should expect 10 weeks in May salary.

I like it Ö.
chmila is offline  
Old 11th May 2018, 15:32
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Join Date: Mar 2018
Location: Dubai
Posts: 67
But 5 weeks is a big coincidence don't you think ????
dustyflightdeck is offline  
Old 11th May 2018, 16:34
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Join Date: May 2006
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Originally Posted by dustyflightdeck View Post
But 5 weeks is a big coincidence don't you think ????
While the way it is written seems like it is for sure a new element of your pay scheme (which is why I brought it up in the first place), Although that is the natural conclusion to this logic, we should be getting 10 weeks extra in the May pay packet, I agree that it is a bit TOO coincidental. This whole thing smacks of the subterfuge a few years ago when we got our last "pay rise" of 1/2%. They combined the pittance of an increase with the step and with a few weasel-words made it sound like a "pay rise of 3.5%". Remember how we were all scratching our heads for days trying to decipher the mumbo-jumbo? They wanted us to believe it was step-plus-3.5% when in reality it was "step-plus 1/2%" I think it's a kind of management (bad) habit of trying to make a "nothing" sound like "something". I guess we will know when the contract adjustment letter is delivered.

That's why I started this thread with the "wishful thinking" disclaimer.
aeropix is offline  
Old 11th May 2018, 20:53
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Join Date: Feb 2012
Location: Permanent JET LAGGG
Posts: 206

Take the 5 weeks, because you know you wonít see the likes of a 12 week bonus again!

Although, those of us who have been around know itís a typo and NOT part of the package.

Keep rowing.

CC
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Old 11th May 2018, 23:08
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Join Date: Jun 2013
Location: somewhere
Posts: 50
Cool Annual bonus

HAH screwed up the wording on the "pay review" letter.
The lawyers must be scrambling by now, because the rules for the profit sharing still apply.
Neektu is offline  
Old 12th May 2018, 13:48
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Join Date: Mar 2003
Location: uae
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But I'm sure he has an ELP 6
fatbus is offline  
Old 16th May 2018, 21:51
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Join Date: Aug 2015
Location: Dubai
Posts: 8
Wink 5 weeks annual bonus award

Firstly, we donít receive a bonus. We have never received a bonus. Why use that word at all? Isnít a bonus awarded on merit? Perhaps I misunderstand the meaning. Should I be correct, since certain members of high management consider all employees as Ďservantsí, theyíre more in the business of Ďmilking us dryí and discarding us than considering any kind of reward for our service. Such is typical of arrogant, bitter, narcissistic, greedy losers who live in a prehistoric age

Whilst that particular breed of person is in authority we canít expect to see any significant improvement in any respect. The profit share is a one-off payment for the applicable year based on the companyís target and profit. As there was no target this year Iím not sure how it was calculated, but Iím sure someone will explain. Therefore, despite any hopes that may arise due to the poor grammatical terms in the announcement, the hugely magnificent and generous five weeks awarded is not a bonus and doesnít set a precedent in any way for future payouts. What we need to be really excited about is the 3% step. Woopidoo! Now youíre talking. ...of course, thatís only for this year, so keep calm.


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