What's up in MAS
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What's up in MAS
You guys up north must be very unhappy from what i heard.Bonus and share options to limited,privileged few and leaving the majority with a bad after taste.
Thought you guys had it good with the new MD since no postings,averse or otherwise,seen here for a long while.
How quickly it screwed it all up with their REWARDS to selected staff.
Thought you guys had it good with the new MD since no postings,averse or otherwise,seen here for a long while.
How quickly it screwed it all up with their REWARDS to selected staff.
Join Date: Jun 2001
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ESOS...
The majority of the PILOTS can only get Chili Sos or Tomato Sos.
The secretive nature of the ESOS leaves me to wonder why the hush hush.
But one thing good though....this will make pilots wake up and be accounted for. The hardworking pilots will get rewarded. Esp those that take time to do Co related course eg Six Sigma, MBA, etc etc
The secretive nature of the ESOS leaves me to wonder why the hush hush.
But one thing good though....this will make pilots wake up and be accounted for. The hardworking pilots will get rewarded. Esp those that take time to do Co related course eg Six Sigma, MBA, etc etc
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That is what is happening in flt ops.Dont even mention about other depts.
Pilots seem to be doing their own kind of work to rule.Just imagine uplifting 2 hours of extra fuel on 744 to LHR with fine wx there.Requesting to maintain on airways when given direct track.And the LOW DRAG approach very evident in KL with ATC clamouring for guys to maintain best high speed the other day.
Heard about the TEAM A and TEAM B to LAX?One got bonus the other didn't.The one that didnt insist to maintain LOW level despite given clearance to CLB by LAX.And he was doing it with max speed at that level.When change of shift he told the other capt that they were held from climbing.
There are so many other HAPPENINGS that i'm sure alot of the guys there are willing to share
Pilots seem to be doing their own kind of work to rule.Just imagine uplifting 2 hours of extra fuel on 744 to LHR with fine wx there.Requesting to maintain on airways when given direct track.And the LOW DRAG approach very evident in KL with ATC clamouring for guys to maintain best high speed the other day.
Heard about the TEAM A and TEAM B to LAX?One got bonus the other didn't.The one that didnt insist to maintain LOW level despite given clearance to CLB by LAX.And he was doing it with max speed at that level.When change of shift he told the other capt that they were held from climbing.
There are so many other HAPPENINGS that i'm sure alot of the guys there are willing to share
Join Date: Aug 2005
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Selective bonus and SESOS (Selected Employees Share Option Scheme)
This policy is being brilliantly formulated so that;
1.Others are inspired to perform like their top 10% high achievers colleagues.
2.This is in-line with the company's proud motto of "Going Beyond Expectations",indeed.
3.It is to reward the top 10% high achievers(juaras) who single-handedly turn around the company out of the stinking hole.
4.It is to be a lesson to the other remaining 90% workforce of "useless bumps" in the company.
5.Should play more golf with the bosses.
The Management,
JUARAs Laboratory and Research Team,
Human Resource.
1.Others are inspired to perform like their top 10% high achievers colleagues.
2.This is in-line with the company's proud motto of "Going Beyond Expectations",indeed.
3.It is to reward the top 10% high achievers(juaras) who single-handedly turn around the company out of the stinking hole.
4.It is to be a lesson to the other remaining 90% workforce of "useless bumps" in the company.
5.Should play more golf with the bosses.
The Management,
JUARAs Laboratory and Research Team,
Human Resource.
Last edited by CAT IIIB; 10th Jul 2007 at 17:03.
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unrequited love
Iris(sic) Oh Iris! Love you much for your diabolical ways, your lenghty excuses, your elliptical talk.
Love you much for your 3 million share options
Love you for your complicated maths; the company actually loses money giving options at close to market price.
Love you for the 200+ million balance from the MSS. Nice.
Love you for your cost consciouness by keeping the more than deadwood pygmy in your office.
Love you for unleashing the 10% talented dogs.
Love you for your frank opinion that 90% are shirkers and slackers who do not deserve any thing.
Love you for your vision: train lots pilots to break their bargaining power.
Love you for being so obedient to your PM (political master).
Indeed I really love you much!
Love you much for your 3 million share options
Love you for your complicated maths; the company actually loses money giving options at close to market price.
Love you for the 200+ million balance from the MSS. Nice.
Love you for your cost consciouness by keeping the more than deadwood pygmy in your office.
Love you for unleashing the 10% talented dogs.
Love you for your frank opinion that 90% are shirkers and slackers who do not deserve any thing.
Love you for your vision: train lots pilots to break their bargaining power.
Love you for being so obedient to your PM (political master).
Indeed I really love you much!
Join Date: Jun 2001
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Train more pilots the jala way
............train lots pilots to break their bargaining power...
I think JALA forgot that that to train 1 jumbo driver takes 15-20 years.
So flooding the market with 200 kadets drivers per year for 2 years seem strange move
IN 20 years time there will be 400 more well trained Captains to feed the rest of the aviation world. Well done Jala. All of China and India is thanking you.
I think JALA forgot that that to train 1 jumbo driver takes 15-20 years.
So flooding the market with 200 kadets drivers per year for 2 years seem strange move
IN 20 years time there will be 400 more well trained Captains to feed the rest of the aviation world. Well done Jala. All of China and India is thanking you.
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This guy,Jala seems to have lost it after getting his DATUKSHIP.That's what happen to most after getting this title.Seem to make them closer to god.Untouchable.
Ask the union guys.Jala seem to be high and mighty now.
"Dont tell me how to award ESOS and bonus,that's my decision, none of the union's business".This is not the JALA they know.
Back to the CIRCUS.Clowns will always be there to rubbish things up.
Ask the union guys.Jala seem to be high and mighty now.
"Dont tell me how to award ESOS and bonus,that's my decision, none of the union's business".This is not the JALA they know.
Back to the CIRCUS.Clowns will always be there to rubbish things up.
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Idris Jala is not to be wholly blamed for this single management error (which will be discussed in management schools for years to come as case-study). I would think that the SGM of Flight Operations has a clinical decision on who is to be awarded the ESOS or bonus. The only measuring critirea for pilots are the results of our basechecks, but even this yardstick is fraught with shortcomings, like the AE/Instructors who would only award each other with the highest.
All the rest of the divisions in MAS had gone through the Performance Measurement exercises, except for us pilots. Besides, Flt Ops had not explained to us as to how we are to be measured so as to be in the top 10 (so the grey areas are wide indeed). This ambiguity creates disharmony which naturally prevents optimum performance in Flt Ops.
As of now, it would be greatly interesting to see how the top 10% can muster up to keep Flt Ops in great shape when the remaining 90% sulks.
All the rest of the divisions in MAS had gone through the Performance Measurement exercises, except for us pilots. Besides, Flt Ops had not explained to us as to how we are to be measured so as to be in the top 10 (so the grey areas are wide indeed). This ambiguity creates disharmony which naturally prevents optimum performance in Flt Ops.
As of now, it would be greatly interesting to see how the top 10% can muster up to keep Flt Ops in great shape when the remaining 90% sulks.
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For the 90% shirkers & slackers please bear in mind:
After you have done one or all or some of the following productive stuff and then some more others besides ( make the boss coffee, attend all the meetings the boss goes to,
wave hands, clap hands, play golf as some suggests, send greeting cards to the boss’s family or play the guitar) you just might be eternally grateful for the 1000 share options, maybe more that he decides to grant you.
Ass-ume you have 1000 share options and the company share price increases by 1 ringgit you will be paper profit 1000 ringgit.
Ass-ume your salary is 1000 ringgit then 1 month bonus.
Ass-ume your salary is 5000 ringgit then 1000 ringgit paper profit not so good anymore.
But the boss will be paper profit 3 million ringit which is how many months bonus?
The ‘reward’ is asymmetric. And when the aircraft is asymmetric what to do?
It is stated that 50% of the options must go to the bosses.
So some simple maths:
Paid up capital is about 1200,000,000 shares
10% for ALL employees is 120,000,000 shares
50% of that goes to the bosses so the remainder is 60,000,000 to be shared among the 15,000 staff.
So each Staff should get 4000 shares.(you wish!)
But like rush-job MSS the shares already allotted to the 10% talented ones.
Some one has eaten your cake!
Maybe just maybe some crumbs may be left over for you.
So; To be or not to be: a slacker, shirker, or Ass-l**k** and hope that next year you may get to taste the leftovers.
Only IMHO
Please ask IMMI (I,Me,Myself and Iris)
After you have done one or all or some of the following productive stuff and then some more others besides ( make the boss coffee, attend all the meetings the boss goes to,
wave hands, clap hands, play golf as some suggests, send greeting cards to the boss’s family or play the guitar) you just might be eternally grateful for the 1000 share options, maybe more that he decides to grant you.
Ass-ume you have 1000 share options and the company share price increases by 1 ringgit you will be paper profit 1000 ringgit.
Ass-ume your salary is 1000 ringgit then 1 month bonus.
Ass-ume your salary is 5000 ringgit then 1000 ringgit paper profit not so good anymore.
But the boss will be paper profit 3 million ringit which is how many months bonus?
The ‘reward’ is asymmetric. And when the aircraft is asymmetric what to do?
It is stated that 50% of the options must go to the bosses.
So some simple maths:
Paid up capital is about 1200,000,000 shares
10% for ALL employees is 120,000,000 shares
50% of that goes to the bosses so the remainder is 60,000,000 to be shared among the 15,000 staff.
So each Staff should get 4000 shares.(you wish!)
But like rush-job MSS the shares already allotted to the 10% talented ones.
Some one has eaten your cake!
Maybe just maybe some crumbs may be left over for you.
So; To be or not to be: a slacker, shirker, or Ass-l**k** and hope that next year you may get to taste the leftovers.
Only IMHO
Please ask IMMI (I,Me,Myself and Iris)
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Kudos to the 90% shirkers and slackers. Your team work and understanding of unity is strength is fantastic.
Now the three million bad cop is taking a rest. The two and a half million good cop is stepping forward. This tag team's methods seems to be divide and rule, smoke and mirrors, confuse the enemy, say many things that don't mean anything.
What a way to run a company!
They understand inverse proportion.
Ego inversely proportional to size
benefit inversely proportional to pay.
short term self interest inversely proportional to long term company disadvantage.
Now the three million bad cop is taking a rest. The two and a half million good cop is stepping forward. This tag team's methods seems to be divide and rule, smoke and mirrors, confuse the enemy, say many things that don't mean anything.
What a way to run a company!
They understand inverse proportion.
Ego inversely proportional to size
benefit inversely proportional to pay.
short term self interest inversely proportional to long term company disadvantage.
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Sad , what a load of rubbish!
This "GLC" thing is here to stay it seems.
There is this excuse being thrown around that there was not much choice but to implement a PMS system company wide.
Since when was a "GLC" a thing to be proud of or emulated?
Which other GLC in our country is an Airline?
Do any of you out there know if a similar PMS system is in place with other Carriers?
This "GLC" thing is here to stay it seems.
There is this excuse being thrown around that there was not much choice but to implement a PMS system company wide.
Since when was a "GLC" a thing to be proud of or emulated?
Which other GLC in our country is an Airline?
Do any of you out there know if a similar PMS system is in place with other Carriers?
Hi guys,
It's been a while since I last looked at PPRuNe. The last time I heard was that you guys got a pay rise of 20% or so a couple of years ago. I had hoped that the situation there with regards to pay and conditions would improve after years of problems with negotiations.
Would someone please clarify:PMS, GLC ? I roughly understand what SESOS is and find it typical of the management culture there.
TQ
It's been a while since I last looked at PPRuNe. The last time I heard was that you guys got a pay rise of 20% or so a couple of years ago. I had hoped that the situation there with regards to pay and conditions would improve after years of problems with negotiations.
Would someone please clarify:PMS, GLC ? I roughly understand what SESOS is and find it typical of the management culture there.
TQ
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where is the meat?
The company quarterly profit for 3 months ended 30 jun 2007 actually showed a operating loss of RM 5,881,000.
The profit from other activities on decreasing trend for some time now.
The profit from sale of assets is 80,050,000.
Still doing business very much the same way.
Justified to reward themselves so much?
They like to compare with their the southern neighbor.(benchmarking they say). have a look at the annual report or the quarterly report.
The CEO is only offered approx 1.2 million ESOS. And some of it is tied to performance.
And what a performance!
IMMI is good at sandiwara. Teamwork was his big thing. Only we don't know who is in his team.
Still hoping for some "mouth watering" left overs or bonuses or big pay rises?
better off to go where they pay market rates.
Here the rich and powerful lord it over the masses. And they always take care of themselves.
The profit from other activities on decreasing trend for some time now.
The profit from sale of assets is 80,050,000.
Still doing business very much the same way.
Justified to reward themselves so much?
They like to compare with their the southern neighbor.(benchmarking they say). have a look at the annual report or the quarterly report.
The CEO is only offered approx 1.2 million ESOS. And some of it is tied to performance.
And what a performance!
IMMI is good at sandiwara. Teamwork was his big thing. Only we don't know who is in his team.
Still hoping for some "mouth watering" left overs or bonuses or big pay rises?
better off to go where they pay market rates.
Here the rich and powerful lord it over the masses. And they always take care of themselves.
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The company quarterly profit for 3 months ended 30 jun 2007 actually showed a operating loss of RM 5,881,000.
The profit from other activities on decreasing trend for some time now.
The profit from sale of assets is 80,050,000.
The profit from other activities on decreasing trend for some time now.
The profit from sale of assets is 80,050,000.