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easyJet loyalty bonus

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Old 30th Mar 2008, 09:25
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easyJet loyalty bonus

Morning chaps,
I know the bonus is only if the company is in profit and allocated after a certain number of years etc,

but my question is if a first officer is promoted to command, will he then receive nothing for the first x years again (assuming he has already been with the company at least 3 years)


Also how are things at easyjet these days?
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Old 30th Mar 2008, 09:54
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No. You'll get the bonus on the third aniversary of your check i.e. pass the type rating sim on the 12th of April 2005 and you'll get your bonus end of April 2008. Once you upgrade you will keep your bonuses but now as a percentage af your command salary...
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Old 30th Mar 2008, 10:01
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loyalty bonus is no longer linked to the profit of the company (last paydeal).

Loyalty Bonus Payments

Captains
Captains will be paid a lump sum loyalty bonus on the second and subsequent anniversaries of joining, provided he or she has not given or been given notice on their qualifying date.
Pilots on part-time contracts will be paid the loyalty bonus pro rata.

The payment is based on the full scale rate for the position, regardless of whether the individual is being paid at the 90% level.

The loyalty bonus will be included as a calculated element for pensionable pay, loss of licence and death in service benefits.
Captains Loyalty Bonus
Up to 2 years:0 After 2 years:5 After 5 years:10 After 10 years:15

First Officers
All First Officers will receive a bonus of 5% of basic salary to be paid on the third and subsequent anniversaries of joining, provided he or she has not been given notice on their qualifying date.
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Old 31st Mar 2008, 13:23
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But only for those on a UK contract
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Old 31st Mar 2008, 16:26
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Don't know other bases but we have it also in easyJet Switzerland.
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Old 1st Apr 2008, 08:13
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Is it linked to company in profit in Swizerland?
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Old 1st Apr 2008, 10:11
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Easy is lossing a bit of quality in respect to previous years
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Old 1st Apr 2008, 14:30
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Is it linked to company in profit in Swizerland?
No, it's like in UK, no profit required, just loyalty...
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Old 2nd Apr 2008, 10:14
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Knocers:
Easy is lossing a bit of quality in respect to previous years
Care to explain what you mean with that comment?? I work there and can only see progress, despite issues that still needs to be solved, but I might be blind??????

Do you work for ezy??
 
Old 2nd Apr 2008, 10:39
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If you see my other posts I am not adverse to wingeing. The only problem I have with easy is the tacky ( no pun intended ) back of seat advert trial. Good idea but poorly executed.

Everything else rosy as far as I am concerned.

Bonus on 24th of April.
 
Old 2nd Apr 2008, 16:29
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I work there and can only see progress
????

So do I, progress yes, but surely not all of it in the right direction. The list would be long... yes, moaning, we are pros

Everything else rosy
????

What kind of glasses are you wearing



live 2 fly 2 live
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Old 2nd Apr 2008, 20:35
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fish

My glasses are 20/20

I have been with easyjet since 1999, they had less than 20 aircraft.

I have also experienced most of the cluckups of the Webster years.

I know our deal is not perfect but I am happy with my lot

1. £90 000 ish per annum
2. 15% bonus in a year or so.
3. Adequate leave ( All I asked for was given)
4. 6% pension ( not great but par for the course) I top it up by 9%
5. Dare I say it roster stability with 5/4/5/3
6. Job stability in comparision to some working for other outfits who are not as prepared for an economic slowdown as well as easyJet. ( I have savings for a rainy day and no debts)

Not that many people are leaving, and the vast majority of those who are, are cadets who have been accepted by BA.

If you work for easyjet I suggest you lower your expectations and enjoy , if not dark glasses, a white stick and a dog would be appropriate.
 
Old 4th Apr 2008, 05:07
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I have heard your training standards are not too shabby either!!
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Old 4th Apr 2008, 07:26
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Would you still be happy if your 15% loyalty bonus goes and the 5-3-5-4 go? that is what we are facing . The noises coming from above are very worrying indeed. Scrapping the fixed roster pattern will lead to extremely stormy waters ahead, I hope they realize that.
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Old 4th Apr 2008, 09:26
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Sorry for the thread creap but I would like to add a few things to what Elephant and Castle just warned about.....

St nicholas - great! Looks like you are settled in nicely! Tell that to your colleagues in MAD, MXP, DTM, SXF, ORY/CDG. I'm sure they would agree 100% with you! You keeping that powder dry?!

I am not really criticizing you, I think its nice that you are reasonably happy with your situation. However, there are LOTS of issues that needs to be resolved in ezy. To name but a few; the whole contract shambles in "Europe", the threat (yes it is a real threat!) of loosing our 5354. Loosing company contributed pension. The company argues that people based in DE/SP/FR get state pension, but to qualify for state pension you need to stay for 5+ years in most countries. So if you decide to leave your base, or indeed if the company would close your base and offer you a job in another country, your pension for the past x years would be - history. Further there is a real threat of the company moving towards opening bases in eastern Europe where they can cut personnel costs. This is very difficult to stop, and probably stupid to try to stop, as we all would like the company to be successful, however, this will bring with it a few things worth noting. You can probably forget any future commands in ezy UK. You want a command? You move to xx and we will offer you a industry standard package. Wizzair pays a captain E 40.000 basic pay at the moment (ppjn.com). When there will be future expansion in UK, pilots will be hired in a future low cost base and then flown in to operate out of a UK base. Our CEO was quoted recently saying something along the lines of; I do not believe in rewarding employees for loyalty. Well, that's our bonus, and 15 % of your pay, gone.

At the moment there are lots of companies in the US that are going bust and stopping their recruitment. Once this will hit Europe, and we will have more qualified pilots available on the market, the company will try to force these changes. If we play hardball and try to resist, they can always tell us that we can pack our stuff and be gone. All they have to do is hire another few guys in a new low cost base.

Interesting times ahead, and we will have to be very careful how we play our cards over the next 6 - 18 months.
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Old 4th Apr 2008, 10:08
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Captainprop, Easy Jet is a LOW COST airline hence the basic rule to maintain the success is:
Maximum working and minimum pay !
Wizzair, Ryanair, skyeurope, Niki, etc... are gonna show you how it works in the case you have forgotten that Easy jet is a LOW COST airline

I was really surprised to hear that lots of Easy jet crews have nightstops ! (what a wast of money to pay the hotac for pilots and cabin crew in nice, glasgow, etc... do you know how much it cost to the company ??? ).

Some people in Easy jet fly only 2 short sectors a day !!! YOU SHOULD FLY AT LEAST 4 !!
Nowdays Easy jet employees dont even reach those maximum 900 hours a year, that's a nonesense. Once again you are a low cost, you are not BA or AF. You should fly more like your mates in wizzair, vueling, skyeurope, etc...AT MAX DUTY/MAX HOURS and MINIMUM WAGE
thanks to CTC cadets Easy jet will always have lots of cheap pilots behind the door

Guillaume
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Old 4th Apr 2008, 10:26
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Morning to you

Very interesting times ahead. Unfortunately it is a question of how you view your lot. Glass half full or half empty.

The market will decide our terms and conditions to a large extent. Tempered by the willingness of the existing workforce to make it work.

I agree there are issues. The management tread a difficuilt line. If the workforce are pissed off by the removal of benefits the easiest recourse is to work strickly to Flight Duty Limits coupled with Union Action. (Lets not get into BALPA effectiveness/value)

Unfortunately if there are people happy to work for less ( who satisfy the training standards ) I am sure the management will explore that avenue.

As for UK Commands I believe we have almost achieved " dead mans shoes status". I believe candidates are offered the choice of moving with a command or staying as an FO. Personal choice time.

As stated I am happy with my lot, if that changes I move on. Jobs and conditions permitting of course. I have been nomadic my whole life and have no local ties so moving on does not hold any fear for me.
 
Old 4th Apr 2008, 10:30
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So, nuageblanc, for you low cost means - Give up trying to improve your situation, do not try to stop the eroding of your general T&Cs, accept parts of your pension being taken away from you and settle with bread and water the day you retire (if you survive 850 hrs/ year for 30 years!!!) etc etc.

Not sure what your point about me not forgetting that we are a low cost company was about. That was exactly my point when saying that we should not try to stop our company from expanding, just make sure that it is done in a balanced way were we maintain a reasonable working environment and T&Cs for our future colleagues.

Further I think your comment about flying at least 4 sectors per day just shows that you are not fully familiar with the term "productive" when it comes to airline industry. Yes, most guys do not fly max hrs, but most of us are up in the 800-850-ish hrs / year. To achieve more hours from some of our smaller bases would require night stopping more crew to get more hours out of each crew member. The costs that this would incur would have to be balanced against the gain in productivity.

But no worries, you are not working for easyjet so no problem for you.
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Old 4th Apr 2008, 10:30
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Nuageblanc,
Why your love affair with Easyjet when they so obviously turned you down.
I am not sure the industry would agree with your take on Wizzair, Skyeurope et al being the nirvana of low-cost. Having seen the kind of recruitment involved in these companies especially in creating DECs this business model will never last. Have you ever heard of a little company called Southwest? They certainly do not pay bottom dollar and they are the most successful low cost to date.
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Old 4th Apr 2008, 10:32
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voila NB is back...

Good to know stupid people are still alive.

Apart from the non sense...

5354 will stay and you know why? they know we will not let it go and if they will force it upon us (I don't know how) people will just leave for FR or Vuelling where they have a fixed roster.

The pension is a big problem that's right, but it's up to us to fight for it and if people don't care than they will succeed.

Europe, don't worry, you don't move to socialist countries trying to get the union out of your company: Spain sepla is very active, French Snpl, we know the french, Germany vc and don't forget the italians, with Anpac (take a look at AZ).

The best way is to support the CC and follow their plan to get a strong and united front in Europe!

Yep there are dark clouds ahead, but the numbers we keep on hearing can only work if they keep their pilots and keep on attracting the others, which can only be achieved with a fair deal!

Maybe we gotta fight for it, but it's not going to be a difficult one, they are totally stupid and they know how far they can push!

Speevy

P.S. NB, a bit of a surprise for you: not so many cadets will joyn U2, they cost them too much.
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