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Emirates rumour mill

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Emirates rumour mill

Old 11th May 2023, 18:55
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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.
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Old 11th May 2023, 21:47
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celebrate your big win and please forget about those who have lost everything
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Old 11th May 2023, 21:53
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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 Iím kicking myself now after seeing this profit share 🤦🏻‍♂️
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Old 12th May 2023, 03:51
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Originally Posted by GearDownF15
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 🤦🏻‍♂️
I would not kick yourself, since profit share is an additional benefit that is unpredictable and not guaranteed. To put it into context, I have had more years at EK where no profit share was awarded compared to years where it was awarded.

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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Old 12th May 2023, 05:13
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Great. For all the stuff that happened during COVID. Too bad it took so many people made ďRedundantĒ. It will be some of years to see some profit share again. Remember they adjust it so they donít give you their money. Hope they get a good raise or at least respect the steps they didnít give previously.
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Old 12th May 2023, 05:56
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Originally Posted by GearDownF15
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 Iím kicking myself now after seeing this profit share 🤦🏻‍♂️
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 donít 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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Old 12th May 2023, 05:58
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Originally Posted by A6EAA
Great. For all the stuff that happened during COVID. Too bad it took so many people made ďRedundantĒ. It will be some of years to see some profit share again. Remember they adjust it so they donít give you their money. Hope they get a good raise or at least respect the steps they didnít give previously.
if you would have joined a couple off month ago - you would not get a share now!

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Old 12th May 2023, 06:06
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Does anybody know if you get put on some sort of blacklist if you turn down a job offer from them?
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Old 12th May 2023, 06:12
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Originally Posted by flyTheBigFatLady
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 donít 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.
You need 6 months in company to be eligible for profit share. Pilots that were made redundant and rejoined, are all on the same salary that they left on, not on lower salaries.
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Old 12th May 2023, 06:36
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Originally Posted by Kennytheking
You need 6 months in company to be eligible for profit share. Pilots that were made redundant and rejoined, are all on the same salary that they left on, not on lower salaries.
As you know, there is a ĄsubtleĒ difference between being eligible AND getting a profit share 😏
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Old 12th May 2023, 08:56
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Great results (always not audited) but never forget even after 30 consecutive years of profit they were the first to sent employees home . Smoke and mirrors.
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Old 12th May 2023, 14:54
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Here you go....pg 165 for 2022-23

PwC

https://www.emirates.com/es/english/...nnual-reports/
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Old 12th May 2023, 15:38
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Always good to see a different and honest perspective. Up the toon
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Old 12th May 2023, 17:52
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Originally Posted by Kennytheking
You need 6 months in company to be eligible for profit share. Pilots that were made redundant and rejoined, are all on the same salary that they left on, not on lower salaries.
since when is that ?
the TnC letter with the rejoin applic came with all rejoiners are back to basic salary 1
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Old 12th May 2023, 19:33
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Originally Posted by flyTheBigFatLady
since when is that ?
the TnC letter with the rejoin applic came with all rejoiners are back to basic salary 1
Since the day the first course rejoined and were given contracts with their old salary on.
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Old 13th May 2023, 07:49
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Originally Posted by Maz11
Since the day the first course rejoined and were given contracts with their old salary on.
Yes - all given their last drawn basic salary and for staff travel retain their original DOJ.
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Old 13th May 2023, 11:46
  #97 (permalink)  
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Originally Posted by Shazeem
24 weeks...
at least the halfpay period has been corrected.
Shazeem, not it hasnít

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 werenít 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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Old 13th May 2023, 11:59
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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
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Old 13th May 2023, 13:29
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Originally Posted by flyTheBigFatLady
celebrate your big win and please forget about those who have lost everything
Wilco. Anything else we can do for you?
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Old 13th May 2023, 13:30
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Good lord Pif Paf you really are a misery.
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