PPRuNe Forums

PPRuNe Forums (https://www.pprune.org/)
-   Middle East (https://www.pprune.org/middle-east-44/)
-   -   Emirates (EK) Interview - all you need to know about it (threads merged) (https://www.pprune.org/middle-east/438615-emirates-ek-interview-all-you-need-know-about-threads-merged.html)

donpizmeov 11th May 2023 11:03

Well deserved bonus fellas. Enjoy!

cnsnz 11th May 2023 11:35

DUBAI, May 11 (Reuters) - Dubai's Emirates Group on Thursday said financial year 2022-23 had been its most profitable so far, reporting an annual profit of 10.9 billion dirhams ($3 billion) and a group revenue increase of 81% to $33 billion.

Shazeem 11th May 2023 12:40

24 weeks...
at least the halfpay period has been corrected.

VC10L1011 11th May 2023 12:52

and this make the rosters any less fatiguing? Management any less punitive? Wake up...

Back to work....

BigGeordie 11th May 2023 14:42

An absolutely exceptional set of results, in every sense. Anybody tempted to join now because they beleive that will ever be repeated is in for a big disappointment, although I'm sure the recruitment team will be spinning the numbers like a frisbee. A large number of employees who have contributed to that profit have been in the company less than a year (in many cases less than 6 months) and so aren't eligible for the full amount - that leaves more to spread around among the rest. Next year the target is higher and there will be more eligible employees, so don't get your hopes up that this is the start of a new trend.

And at the risk of sounding like a miserable old git, 24 weeks doesn't even pay me back for the unpaid leave I was forced to take during Covid. So yes, it's nice to have, but I'm only clapping with one hand.

As VC10L1011 said, keep rowing.

PPRuNeUser0214 11th May 2023 16:41

Have historic profit share amounts ever been this good?

BigGeordie 11th May 2023 17:55

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.

flyTheBigFatLady 11th May 2023 20:47

celebrate your big win and please forget about those who have lost everything

PPRuNeUser0214 11th May 2023 20:53

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 🤦🏻‍♂️

Emma Royds 12th May 2023 02:51


Originally Posted by GearDownF15 (Post 11433434)
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.

A6EAA 12th May 2023 04:13

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.

flyTheBigFatLady 12th May 2023 04:56


Originally Posted by GearDownF15 (Post 11433434)
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 🤦🏻‍♂️

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.

flyTheBigFatLady 12th May 2023 04:58


Originally Posted by A6EAA (Post 11433528)
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.

if you would have joined a couple off month ago - you would not get a share now!


PPRuNeUser0214 12th May 2023 05:06

Does anybody know if you get put on some sort of blacklist if you turn down a job offer from them?

Kennytheking 12th May 2023 05:12


Originally Posted by flyTheBigFatLady (Post 11433535)
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.

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.

FQT2YS 12th May 2023 05:36


Originally Posted by Kennytheking (Post 11433538)
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 „subtle” difference between being eligible AND getting a profit share 😏

Mute hyena 12th May 2023 07:56

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.

Marcellus Wallace 12th May 2023 13:54

Here you go....pg 165 for 2022-23

PwC

https://www.emirates.com/es/english/...nnual-reports/

Twiglet1 12th May 2023 14:38

Always good to see a different and honest perspective. Up the toon

flyTheBigFatLady 12th May 2023 16:52


Originally Posted by Kennytheking (Post 11433538)
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


All times are GMT. The time now is 23:22.


Copyright © 2026 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.