Turkish Airlines implements huge pay-cuts
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Turkish Airlines implements huge pay-cuts
Under the new contract, the airline will cut approximately 35% of wages, returning to 2018 levels. The airline will not increase salaries in 2021. Additionally, the airline employees will not be able to receive bonus payments until 2022.
Source: Airlinegeeks
Source: Airlinegeeks
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No, this is completely wrong. If flying is cut then you reduce the number of pilots or cut the hours. You do not reduce pay. How this could be acceptable is beyond comprehension. We fought to get pay in this industry back up. You will not recover from concessions as fast as the airlines will.
They will be making record profits in the future on the backs of the working crew. That is why we here in the USA have held the line on concessions. No pay rate reductions.
They will be making record profits in the future on the backs of the working crew. That is why we here in the USA have held the line on concessions. No pay rate reductions.
Pretty harsh Busdriver to throw colleagues under a bus so the lucky ones can continue on full pay. In UK, higher earners are taxed at the top end of their salary at between 42-62% so even a big reduction is not such a hit in your own pocket. The airline also benefits from the pilots being current if business suddenly picks up.
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I agree with cactusbusdriver.
There are solutions like compulsory part time for all or a TEMPORARY paycut. Reducing the salaries permanently should never be on the table.
There are solutions like compulsory part time for all or a TEMPORARY paycut. Reducing the salaries permanently should never be on the table.
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There are two fundamental approaches to cutting staff costs - by screwing everyone a bit or by screwing a fraction of the people a lot for the sake of sparing any pain for the others. Or a blend of both - redundancies for some AND pay cuts for the others. The way Turkish have handled it is perhaps among the best examples in this part of the world. The offer does include a firm commitment to reinstate previous remuneration levels and, at the same time, it saves everyone's jobs. And the latter is a big thing in the current environment. It's in everyone's interest to keep the numbers of unemployed pilots as low as possible since a great number of unemployed pilots ready to accept pretty much anything won't do a favour to anyone's T&Cs.
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I'm sure most pilots would rather work half the time for half the wages rather than none of the time for no wages.. Isn't this the same equation as Uk airlines making a 20% pay cut and rostering 80% ..
Keeping staff travel, pension, sim currency, is worth a lot to most pilots. Let's face the facts, its a long way to go before pilots are in a position to call the shots.
At least THY did the honourable thing unlike the German partners SXD..
Keeping staff travel, pension, sim currency, is worth a lot to most pilots. Let's face the facts, its a long way to go before pilots are in a position to call the shots.
At least THY did the honourable thing unlike the German partners SXD..
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cactusbusdrvr
The current passenger demand is 3 times lower than 2018. So getting salaries adjusted back to 2018 level is still 3 times better than it should be from economics perspective, isn't it?
The current passenger demand is 3 times lower than 2018. So getting salaries adjusted back to 2018 level is still 3 times better than it should be from economics perspective, isn't it?
Market forces. Pilots were paid a lot last year because they were in incredibly high demand with a global shortage. Now there is huge oversupply. The idea that we are worth anything like what we were last year at the moment is pretty delusional.
