Emirates rumour mill
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Previous best was, if I remember correctly, 19 weeks - that was many, many years ago and we haven't been into double figures for ages.
As I said, an exceptional year and an exceptional set of results. Don't expect it to be repeated.
As I said, an exceptional year and an exceptional set of results. Don't expect it to be repeated.
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Pardon my ignorance but why is it unlikely a profit share of this level would be seen again? I turned down a job offer from EK a couple of months ago and I’m kicking myself now after seeing this profit share 🤦🏻♂️
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22-23 saw the airline enjoy a post-COVID boom with many parts of the east finally opening their borders. But are higher fares and fuller flights sustainable? The profit target for next year has been set higher than what has just been reported.
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Great. For all the stuff that happened during COVID. Too bad it took so many people made “Redundant”. It will be some of years to see some profit share again. Remember they adjust it so they don’t give you their money. Hope they get a good raise or at least respect the steps they didn’t give previously.
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after sacking roughly 1400 a380 pilots and having taken back a few of them plus an addtional new joiners, they count all as newbies, therefore they don’t count for the bonus. Especially the rejoiners, have been set to a lower salary at rejoining, they may had 10 years plus in the company, but because of the rejoining the count as new joiners - so no bonus for roughly 1500 pilots out of 3500, leaves a bigger share for the survivors.
next year they count and on top the set target by finance department is set way higher which will be hard to achieve. This was just given to slow down people resigning.
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Great. For all the stuff that happened during COVID. Too bad it took so many people made “Redundant”. It will be some of years to see some profit share again. Remember they adjust it so they don’t give you their money. Hope they get a good raise or at least respect the steps they didn’t give previously.
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if I right the profit share goes all employees who are there for more than a year only
after sacking roughly 1400 a380 pilots and having taken back a few of them plus an addtional new joiners, they count all as newbies, therefore they don’t count for the bonus. Especially the rejoiners, have been set to a lower salary at rejoining, they may had 10 years plus in the company, but because of the rejoining the count as new joiners - so no bonus for roughly 1500 pilots out of 3500, leaves a bigger share for the survivors.
next year they count and on top the set target by finance department is set way higher which will be hard to achieve. This was just given to slow down people resigning.
after sacking roughly 1400 a380 pilots and having taken back a few of them plus an addtional new joiners, they count all as newbies, therefore they don’t count for the bonus. Especially the rejoiners, have been set to a lower salary at rejoining, they may had 10 years plus in the company, but because of the rejoining the count as new joiners - so no bonus for roughly 1500 pilots out of 3500, leaves a bigger share for the survivors.
next year they count and on top the set target by finance department is set way higher which will be hard to achieve. This was just given to slow down people resigning.
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As you know, there is a „subtle” difference between being eligible AND getting a profit share 😏
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the TnC letter with the rejoin applic came with all rejoiners are back to basic salary 1
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Thread Starter
Shazeem, not it hasn’t
Let us be very clear this is a bonus, gladly received by those eligible BUT NOT IN ANY WAY repayment for the salary deducted!
Let us think of this another way, lets say you helped someone out during Covid because they were struggling. Having not been repaid anything for 2 years you then find that the person suddenly got a big bonus, I am sure you would be happy for them. However, if they then decided to upgrade the car, put new entertainment system in, put new interior in, splash the money around to keep everyone happy BUT AT NO POINT talked to you about when they would be repaying the money you had given them, then you would quickly become exceptionally unhappy!
(Also if the salary deducted was included in the 24 weeks as you imply, then it would mean that bonus for those who had the 6 months at half pay would in effect be half the bonus given to everyone else who qualified.)
I would have thought that any decent company would repay the employees the deducted salary money first and then pay a bonus. Sadly, as usual EK are trying to conveniently forget the deducted salary!! Upper management (and I mean DSVP and above because SVP and below have no input) will hope by not talking about it we all forget in time!! However it is something to bring up just before you leave!
Lets reiterate that everyone who received the bonus is very grateful. I do feel for those who weren’t eligible for whatever reason, it happened to me many years ago so I know how it feels. But it is a bonus and not a repayment of the salary deducted!
Now what we want is the contract adjustment letter with a serious pay rise!!!!
Let us be very clear this is a bonus, gladly received by those eligible BUT NOT IN ANY WAY repayment for the salary deducted!
Let us think of this another way, lets say you helped someone out during Covid because they were struggling. Having not been repaid anything for 2 years you then find that the person suddenly got a big bonus, I am sure you would be happy for them. However, if they then decided to upgrade the car, put new entertainment system in, put new interior in, splash the money around to keep everyone happy BUT AT NO POINT talked to you about when they would be repaying the money you had given them, then you would quickly become exceptionally unhappy!
(Also if the salary deducted was included in the 24 weeks as you imply, then it would mean that bonus for those who had the 6 months at half pay would in effect be half the bonus given to everyone else who qualified.)
I would have thought that any decent company would repay the employees the deducted salary money first and then pay a bonus. Sadly, as usual EK are trying to conveniently forget the deducted salary!! Upper management (and I mean DSVP and above because SVP and below have no input) will hope by not talking about it we all forget in time!! However it is something to bring up just before you leave!
Lets reiterate that everyone who received the bonus is very grateful. I do feel for those who weren’t eligible for whatever reason, it happened to me many years ago so I know how it feels. But it is a bonus and not a repayment of the salary deducted!
Now what we want is the contract adjustment letter with a serious pay rise!!!!
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I do not understand the obsession with Emirates pilots trying to get the money back that was taken during Covid. It is completely stupid, 90% of pilots during Covid took massive financial hits, none of us are getting it back, move on