Ryanair Pay Cut ?
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Ryanair Pay Cut ?
Can anyone confirm if there is to be a pay cut in RYR in all bases ?
It is being talked about , in the current EU / global economic downturn .
I have been hearing cuts of up to 20% .
It is being talked about , in the current EU / global economic downturn .
I have been hearing cuts of up to 20% .
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any chance or comfirming where you heard this from first???
is this RYR contracts I guess?? any mention of brookfield??? is it Just basic, or basic and sector cuts??
is this RYR contracts I guess?? any mention of brookfield??? is it Just basic, or basic and sector cuts??
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when u say being talked about....what do you actually mean?
People exaggerating in the crew room or official memos as im yet to hear about it as are the other FR pilots i know....
People exaggerating in the crew room or official memos as im yet to hear about it as are the other FR pilots i know....
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RYR pay cut
Did'nt hear it in the crew room , have heard it said over the last week jumpseating from different crews from different bases .
The first of which was ex STN .
I have'nt seen any memos either .
I would have ignored the rumour , only that , at this stage , there have been
quite a number of crews saying it .
I was posting this thread to see if anyone could shed some light .
The first of which was ex STN .
I have'nt seen any memos either .
I would have ignored the rumour , only that , at this stage , there have been
quite a number of crews saying it .
I was posting this thread to see if anyone could shed some light .
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This is all pure speculation and guesswork at the moment.
Later this month there are to be meetings with management, pay and conditions will be discussed but no details have been released yet.
I'm sure after the first meeting it will be leaked here but until then it's just anybody's guess what will happen.
Later this month there are to be meetings with management, pay and conditions will be discussed but no details have been released yet.
I'm sure after the first meeting it will be leaked here but until then it's just anybody's guess what will happen.
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It's relative.
If the pain is spread around then everyone in the company should expect a pay cut: those on the highest salaries should lead the way and take a larger paycut than the shop floor.
The individual responsible for signing off the hedging agreement should suffer the bulk of the cut.
The pilots should be paid bonuses for saving the company fuel.
The office staff for saving the company electricity, just as the cabin crew receive commission for sales.
If the pain is spread around then everyone in the company should expect a pay cut: those on the highest salaries should lead the way and take a larger paycut than the shop floor.
The individual responsible for signing off the hedging agreement should suffer the bulk of the cut.
The pilots should be paid bonuses for saving the company fuel.
The office staff for saving the company electricity, just as the cabin crew receive commission for sales.
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If a company is on its knees and a pay cut would be part of a rescue package , then a temporary pay cut would be resonable to protect everyones jobs.
When Micko has 2 bil in the bank and still looking to make a profit this year, then any sort of pay cut would be totally unacceptable.
When Micko has 2 bil in the bank and still looking to make a profit this year, then any sort of pay cut would be totally unacceptable.
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Totally agreed! Mick in his bit to the Press stated (and its on the website) that we will still make a profit this year. The memo that has been sent around refers to the 4 year agreement (for the bases that signed upto it), not to our basic Contracts of employment. Any pay cut would come in the form of cutting allowances. If the company was on its knees then this would be a logical step to take, however for a company that is cash rich and remains on course to make a Profit during some of the worst trading times the industry has seen this is totally unacceptable and not justified. A pay freeze, yeah maybe I might go along with that if it was proved beyond doubt that it would enable the company to remain profitable and safeguard jobs, but this just sucks if it proves to be the case. Why the guy is so hell bent on p"*sing off the very people that keep the aeroplanes in the air and enable him to turn a profit is beyond me. We, not just the Pilots, but every member of staff who works their butts off to make this company turn a profit overall, should be congratulated and encouraged to keep up the hard work - not punished. I actually like FR as a place to work, good crews, good banter, fantastic aeroplanes and some really interesting flying that keeps the skills sharp and at the moment reasonable pay, but when we get things like this through it just feels like we're all being used so the top brass can line their pockets and as soon as they have enough we'll all be taken outside and shot! 
I just hope as a group we can make enough noise at these meetings to push the point through that this is grossly unjustified and wont be tolerated.
Rant over.
I just hope as a group we can make enough noise at these meetings to push the point through that this is grossly unjustified and wont be tolerated. Rant over.
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All I know is that if cuts on pilot pay are supposed to SAVE an entire airline from failing... then that airline has much bigger problems then pilot pay. RYR doesnt seem to be in THAT bad of shape.
Remember that every inch you give, will be 10x as hard to get back.. if even possible. Like I said before... just look at the U.S, and how much guys here sacrificed, only to get shafted and see nothing back.
T&Cs/pay are deteriorating around the world, non-stop, at an alarming rate. Keep all this in mind when negotiating and getting promises from your company.
Remember that every inch you give, will be 10x as hard to get back.. if even possible. Like I said before... just look at the U.S, and how much guys here sacrificed, only to get shafted and see nothing back.
T&Cs/pay are deteriorating around the world, non-stop, at an alarming rate. Keep all this in mind when negotiating and getting promises from your company.
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They will call that bluff in a heartbeat BALLSOUT. Consider the current market. Consider that the bad times are just starting. Consider that they have cadets lining up around the block with a credit card in their hand. Ryanair have pushed their pilots for years and will continue to do so. With such a divided workforce and each man looking out for no. 1 rebellion seems unlikely, especially at a time like this.
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Think this has to do with the paydeal that was agreed a while back - one of the conditions of the paydeal was that if the company posts two consecutive quartely results that show a loss it can be re-examined as a condition of that deal.
What you hear will be mostly speculation - the first thing you realise when you join Ryanair is to stop worrying about stuff you read on Pprune!
Horgy
What you hear will be mostly speculation - the first thing you realise when you join Ryanair is to stop worrying about stuff you read on Pprune!
Horgy
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Gnirren,
I don't think there are quite as many cadets with the available funds as you imagine.
Remember it is virtually impossible to borrow money at the minute, especially to become a pilot.
Don't believe the hype from the Pikey Spiv Scheister. He is a £@$&, who will take the food from your children's mouths and the shirt off your back in order to keep selling his soul to the Devil.
I don't think there are quite as many cadets with the available funds as you imagine.
Remember it is virtually impossible to borrow money at the minute, especially to become a pilot.
Don't believe the hype from the Pikey Spiv Scheister. He is a £@$&, who will take the food from your children's mouths and the shirt off your back in order to keep selling his soul to the Devil.
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Might this thread not be better on Rumours, for that is all it seems, and the more this continues the more creedance it will assume. I remember an entertaining film about a US president who was campaigning for re-election. He needed something spicy to show leadership. Out came the spin doctor Robert de Niro. The president announced there was no truth in the rumour XYZ and if there was then he would deal with it. The rumour was dressed up and kept alive by press leaks. Statements were issued and a fall-guy (Willy Nelson) was wheeled out as a returning hero saved from....... The president won and there was no truth in any of it. A pure con.
So, before this thread explodes out of all proportion and assumes a modicum of truth, please take a long deep breath. Who knows, you may have given MOL an idea and opened the door of possibility. When it happens no one will be surprised and all resistance will be damp and muted.
So, before this thread explodes out of all proportion and assumes a modicum of truth, please take a long deep breath. Who knows, you may have given MOL an idea and opened the door of possibility. When it happens no one will be surprised and all resistance will be damp and muted.
sorry Rat5 and Horgy but it aint rumours.
These paycut road shows have been scheduled at a some bases already and NOT just those who joined up for the last deal with the 2 quaters of losses (and we can really shaft you) clause!
Once you join Ryanair you realise thast most of the things you read on pprune are in fact true!!!
These paycut road shows have been scheduled at a some bases already and NOT just those who joined up for the last deal with the 2 quaters of losses (and we can really shaft you) clause!
Once you join Ryanair you realise thast most of the things you read on pprune are in fact true!!!