Confirmed by whom? Thesaurus?:confused:

Several years ago, there was mass hysteria as we heard stories and rumours abound that people would leave in droves. And guess what, here we go again. The sad thing is, it ain't going to happen. There will not be the shed loads of people leaving as rumoured. The reason for this is simple. The World is a pretty ****ty place to be right now. I have friends back 'home' who say life is bloody difficult and it's not just aviation that's suffering.

I'm certainly no happy clappy but I am one hell of a realist. I'll believe it when I see for my own eyes when the masses leave. Where will they all go to? How many Companies have massive cash reserves and a strategic plan that ensures good short term security and probably long term too? As pilots, we're even more bound by these benefits. That's why there's no need to offer a further step to those already on step 20. (or whatever the step is now because they're too paraniod to tell us).

Pixy

Perhaps you should engage brain before posting in such a condescending tone. May I remind you of line one in your post;

'Whatever we get we lost it in the last year through currency devaluation'

So, my reply was based on that. We received a profit share bonus of 12 weeks. That equates to 23% of our salary. The currency would have had to have devalued by 23% or more to have lost the benefit of the bonus. And as for your claim of having given specific figures, excuse me for not paying attention, but where are these figures?

The usual 'EKmedia' brigade gets tiresome after a while. Change the record.

Thanks for the profit share, but the payrise barely covers inflation. :ooh:

English is not my primary language but what TCAS wrote is not that clear......
is that those who joined before 2011 will get 3+5 and those who joined in 2011 will get 5% ???????:}:}:8

Flare

Flare,
Yes, that's what it means

It looks like the Talking Horse, who wrote the OM-A just over a year ago, indeed contributed to TCAS pay review letter. Open to many interpretations...
:ugh: :ugh: :ugh:
Divide et impera....

Can anyone shed some more light...3pct or 8pct does make a difference to my pay check.

Any creative ideas as to how we can compensate between the difference between inflation and the payrise ( whether its 3 or 5 %). I have one :ok:

What is the rate of inflation in Dubai at the moment? The "official" one and the "real" one.

Such a poor standard email. He should be called in for tea and biscuits, receive "verbal written warning" :E sent to remedial training and no bonus for one year. Then he should be explained that in such a diversified cultural environment that is EK he needs to sharpen his communication skills and be sent to attend the ICAO English test. Such a lack of professionalism:yuk:

Everybody I speak to is confused on such an important subjet :ugh: Just tells the real story. Unbelievable:ugh:

Keep Discovering:ok:

The US Dollar Index is a measure of the USD against a basket of currencies. (EUR, JPY, CHF, CAD, GBP, SEK) It is a reasonably good way to look at the USD. (The Trade Weighted Dollar is probably better from a Global perspective)

The USD Index has dropped from 120 to 75.3 today over the past decade. A devaluation of 38%
In the past year it has dropped from 85 to 75. A devaluation of 12%.

When it drops fastest is when the UAE experiences the greatest inflation. It is the slope of the graph that indicates this.

UAE inflation was at 12.8% (Government Figure) in 2007-2008. Independent analysts had it a lot higher.

The graph of the US Index is steeper now that it was in the 2007-2008 and anyone who goes into the supermarket regularly would have recognised the big surge in prices.

The 8% payrise has not covered the loss in value of the Dirham over the past 12 months. You were better off after the last pay review.

We await news on increases to hourly pay, education allowances, phone allowance, accommodation, overtime, and callout.

Hopefully these will put the total package percentage higher.

Prices are going up. Rentals and Property are starting to rise too. (Aided by a flood of Egyptian, Libyan and Syrian money)

One only has to look at the increase in petrol prices over the past year to see that 8% is a joke. Petrol went up 23% in the last year!

Fellas,
This pay review is being done the same way it was done in the past. Its no mystery. If you have been in the company for 6 months prior to the review, your pay increases one increment, and you get any increase on the new step. If in the company for less than 6 months, you stay on your present pay increment and get any increase on that.
Now I am not stating that the increase is enough, but FFS calm down on the conspiracy about who gets what. Nothing has changed!!!
I do hope that the 5 minutes wasted by HR and TCAS deciding on this increase didn't interupt the lunch too badly!.

Keep recovering

The don

Having new guys go up 5% while the rest stay on the old ladder would mean two pay scales - hardly likely.

Swansafa,

I don't think this is the case...everyone (be it people here for 20 years, 6 months or new joiners) will get the 5%, only those that were here before 31st December 2010 will get 3% (increment that we are due) on top of the 5% ie 8%...
The guys that don't qualify for the 3% this year will get it next year.

Someone please correct me if wrong...

Like most I agree 5% is nowhere near enough....

Springbok is correct. It's not high level maths. Not sure how long one has to be here to be at the top level, but those guys get shafted with only 5%.

5% of @45000( my guess at the top basic) = 2250 aed, is that enough to cover off inflationary Dubai based spending. It has nothing to do with sending cash out of the country along with the effect of other currencies, sorry to say.Take it ,enjoy it, hope for more next year,if it is not enough go somewhere where it is.

What TCAS wanted to write.
 

But his indian run office didn't quite get the message...

At April 1st of every year, every FCM normally moves one level up in seniority. Every level up in seniority is 3% pay more (and these so called basic pays are published in a table someone told me once, can't find it though).
Exceptionally this year, TCAS confirms that he raises the values published in the table by 5 percent. This is valid for all guys who joined before Jan 1st 2011.
So for everyone, you will jump 1 level in the table, equaling to 8 percent more. Anyone who joined after Jan 1st stays in year 1 basic, but as the basic is raised 5 percent, he gets 5 percent more.

I stand to be corrected.

One of the most anticipated (and for the pilots, important) letters of the year and still they manage to make a critical error.
Lucky they are so forgiving of any errors the pilots may make on the line in the heat of the moment.... :mad:

On the portal this morning:-

Yeah- a bit poor not proofing it.

Ladies and Gentlemen,


The letter that I sent out yesterday contained a typographical error.

The last section of the letter should have read:-


I am pleased to announce that the Company has approved an enhancement to your package with effect from 1st May 2011. The changes are summarized below:

· Annual step increase (equivalent to 3%) for all eligible flight crew (those who have been employed on or before 31st December 2010 and who are below top of scale)

· 5.0% increase to the value of each step applicable to all eligible flight crew (including those who have joined after 31st December 2010).


My apologies for any confusion caused.

Kind regards,
TCAS

Maybe TCAS needs a drug test!

Does that still leave the Monthly Starting Salary Dhs 24,110 for a prospective First Officer as per their website?
Understood you're awaiting other package benefits' adjustments too?
It's starting to get interesting, as Malaysian/Thai/Vietnam/Garuda etc already admitting to schedule changes and flight cancellations due no crew (Orient Aviation), so are adjusting packages for the better. "I can feel a refreshing breeze":p