EZY Pay Rise 2008
 

EZY Pilots are on for a 5-6% Pay rise! The deal was RPI + 0.5%. RPI at the moment is close to 4.8% and forcast to peak in the next few months and then fall, September being the critical valuse for the pay rise. Not bad in these hard times!

1: Do you think CV AH JP will try and get out of paying it?

2: What does this mean for next years pay deal?

3: How will you spend yours...?

So only 0.5% more than standing still!! I guess the real rate of inflation is still about 10%, so no real gain.

Yes I agree but trying to get 10% out of lalaorangeland would be a pipe dream. Anything pay deal giving a genuine 5% + is not bad in any industry. The cost of living has always gone up faster than pay and probably always will, so clawing back every last 0.001% is a must.

Not so. Otherwise no-one would ever have enjoyed an improved standard of living.

Nice question. I would expect the answer shortly after the final DTM 'agreement', so as not to influence that little piece of negotiation. Anyway, why not post this question in our nice little easyForum below? It's nice to have everything under one umbrella I think.

5% ish is the norm - same as us last year and others...very respectable...speak to Jet2 staff who I understand got 2%...http://www.clicksmilies.com/s1106/hu...smiley-027.gif

Rumour has it the board already made a tentative suggestion about stopping our pay rise but were told (apparently by lalaland managment) that it was a total non starter!!!

Praying for a huge RPI spike in sept!!!!!!! Think positice, think 15%!

And then watch interest rates rocket to 17%. Pay rise spent on rising bills and mortgage cost. I would rather see low inflation and a reduction in the price of oil.

Wake up and smell the coffee, folks!

This is not, repeat NOT a "payrise".

RPI is, as everyone knows, a government -fudged figure that represents about HALF of the true inflation rate. The UK did not suddenly become the most expensive place in the world on Tony B Liar's 1 -2% RPI over 10 years, did it? Think about it!

Thus RPI + 1/2% is yet another decent sized payCUT, dressed up in the usual Orange smoke and mirrors to look different, and justified by a lack of unity amongst the aircrew (union membership) and a cynically devious misinterpretation of the Pulse survey.

Do not be fooled, this is the fifth or sixth year RUNNING there has been an effective paycut.


Next year? Well, you guess, eh?

ps. join the union, or buy vaseline and s-m-i-l-e!

Plus you get taxed at top rate on the increase, so you don't actually get the full amount.

Well done EZY guys, here at Wizz we got a big fat 0%, not that I'm jealous or anything !!:sad:

Agaricus bisporus

You smell the coffee mate,

You obviously havent been made redundant in your working life! Or work for a company that is feeling the pinch. Any pay rise, even 0.1% is more than many pilots can be expecting in these uncertain times.
Look at the big picture and be grateful buddy!

Even in this tough year EZY is making a significant profit!!
If there is a reasonable profit, there should be pay rise!

Yeah, I have been made redundant and gave pay cuts in favour for my old company. It did not help and paycuts will never help to make a company survive. There are much more important factors to consider!

With 120 milion profit expected for the year ending september 2008 how can you ask to your employees to give up a deal that was signed and already agreed?

And yep like Kraut stated, giving up a pay rise or accepting a pay cut will not help any company to survive...

Speevy

£120 million profit? I really dont think so, they will be happy with £12 million profit with the current fuel prices....

Is there anyone out there who knows what the forcast RPI value for September 2008 is. Have been going round and round the internet but real joy. Interesting coments so far, some people think that this is a poor deal some think it's great. I think if we were negotiating for a new deal for this October then we would have had a couple of % or Zero at best. So in view of that I think RPI + 0.5 is Fantastic.

do your research, I did mine...

Check the 3q results and the forecasted profit.

Speevy

Kraut, following that logic, if the company makes a loss then there should be pay cuts??

Speevy
WATCH THIS SPACE :ok:

evicar, it was a joke and that was why I said SPIKE. As in rises and then sharply falls back after our pay rise (if as discussed we can really call it that due to fudging of government figures) to a couple of % (In the dream world). In the real world low inflation and low oil prices would be better I agree!

Emails from management do keep mentioning the management/board pay freeze due to tough times. Are they preparing us for the next pay talks........? What would save more, the FD having a pay freeze or us retracting the landing lights after cleaning up? Don't know, but I bet some people see us as a area of serious cost saving potential not yet explored! They are going to try anything to remain in profit. If we start to make a loss (due to the market and not really due to management fault) then the shareholders will want action. Heads will roll. It’s the way it is. Self preservation is a wonderful thing. I think Balpa have some very tough times ahead, I only hope the membership levels are high enough to allow them to do their job effectively.