PPRuNe Forums

PPRuNe Forums (https://www.pprune.org/)
-   Middle East (https://www.pprune.org/middle-east-44/)
-   -   And the EK Profit Share is... and Emirates Profits Merged (https://www.pprune.org/middle-east/451146-ek-profit-share-emirates-profits-merged.html)

Check 'Six' 10th May 2011 09:40

May salary

SANDBLASTER 10th May 2011 09:42

That's good news, thought it might drift into June

atiuta 10th May 2011 09:48

12 weeks? Not that big a surprise.

Bond paid back, tougher oil prices and there you have decreased profit for the second 1/2 compared to the first. No conspiracy theory.

I accept 12 weeks with a quiet nod of the head.

MosEisley 10th May 2011 09:52

Wiz,


Got any money invested in shares?
When have they ever sold shares to invest in? They haven't.


Do you take part in the day to day running of those companies?
If sitting in the pointy end and operating the aircraft in the safest and most efficient manner can be considered as day to day operations, then yes.


If they make a profit, do you expect a dividend?
Absolutely

12 weeks? I'll take it because we earned it, but I'm not going to prostrate myself in humble gratitude.

TCAS I have control 10th May 2011 09:54

EK Audited Accounts
 
12 weeks not bad, however two points from reading through the annual report.

Salaries and short term payments to senior management for the financial year increased by 60 million dirhams and average productivity of staff increased by over 19%. That would mean that the productivity of flight crew would be higher than that figure I would suspect.

Off for another read to see what other gems are in the report.

Keep discovering :ok:

GoreTex 10th May 2011 10:05

thank god I was wrong with my 5 weeks guess

SOPS 10th May 2011 10:06

well I said 2 weeks.......:hmm:

Laker 10th May 2011 10:10

when does the salary review come out?

GormanInkarnati 10th May 2011 10:13

At this stage I am more interested in the salary increase, the only thing that really matters, long term...

Wizofoz 10th May 2011 10:31

Way to miss the point, Mos.

My comment was because you seemed PO'd that they paid the Dubai Government (aka the owners of the company) a dividend.

Mid range for my expectaions. I thought it should be a leat 10, was kinda hoping for 18, but it'll do.

Oblaaspop 10th May 2011 10:40

Fack, this point raises its head every year mate, and every year it has to be explained.

So here goes (again!):

Take your Monthly Basic salary and multiply that by 12 to get your yearly salary (with me so far?), then divide that by 52 (number of weeks in a year:hmm:) to get your WEEKLY salary, then multiply that by the profit share (12).

Hey presto the result is the amount of bonus!:ok:

Payscale 10th May 2011 10:44

well done... well deserved

emiratesf hucker 10th May 2011 11:09

All you happy clappers can keep on happy clapping. 12 weeks salary is still less than what has been stolen over the past year.

5star 10th May 2011 11:25

Don't waste your energy on clapping....12 is not bad but I comes with a slight bitter taste. What is worse : X-out next year's profit target: 5.8 Billion D.
There is absolutaly no way we will beat this the same way we beat this years target. Next year: zero.

Now even more, I wanna know what our salary increase will be. And also if they have finally adjusted the education allowance in line with the bubbling School inflation here in Dubai.

BYMONEK 10th May 2011 11:37

Hucker

REALLY? Emirates stole the equivalent of 23% of your salary in the last 12 months. **** a brick man, tell us how! :eek:

Happyaslarry 10th May 2011 12:24

I think thats slightly more than we are due?
I heard the calculation is: basic x 12, then divided by 365 to get basic per day. Then multipy by 5 x 12 (5 days in a week x 12 weeks). I believe over here 5 days is counted as a week. Hey I hope your calculation is the correct one though!

Wizofoz 10th May 2011 12:28

Harry,

Every-Single-Year somone pulls that one out, and has to be corrected.

No. Basic times 12 divded by 52 is 1 weeks pay.

Does anyone have a hint as to when the Pay review is likely yo be announced?

Happyaslarry 10th May 2011 12:31

Thanks! Thats a big difference for a newbie!

emratty 10th May 2011 12:44

Firstly I think 12 weeks is a pretty good result for us considering the middle east uprisings and the price of fuel:D
The pay review will follow within the next 10 days probably to effective 1st of June.
There are so many sad muppets on this forum who are never happy, already we have posts saying that next years profit share will be zero blah blah blah its quite frankly pathetic and makes us as a whole look like a bunch of complete morons.
I'm off to the pub the Westin will be a happy place tonight:ok:

donpizmeov 10th May 2011 12:56

I am guessing pay review will be out Thursday Arvo.
The Don


All times are GMT. The time now is 03:31.


Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.