Originally posted by Highlands Division
Hi I am also starting in April and have been reading all the great info on Mixed Fleet. My dad used to be a pilot with Highland Division in Scotland a long time ago he has told me a lot about British Airways and how good they are to work for. He also told me about profit share that he used to get before he retired, I did open up a thread about this but can't find it now.I was just wanting to know if it still gets paid? Will mixed fleet get it and how much do you get? Am so looking forward to starting and meeting you all.
Profit share is a decision made by the company and is a great way of encouraging upward standards of service, punctuality etc. The profit shares we got back in the 90's probably the ones your dad was getting were great and we had the option to take it in cash or shares and we did very well.
The recent profits shares are usually achieved by the company hitting set determined levels of profit and indicators such as punctuality etc. The amounts paid depend on your salary and are paid as basic weeks eg a target is set, target is hit so every body gets say 1 weeks basic pay profit. The higher your weekly pay the more you get.
Profit share is not however guaranteed and may or may not be set and may or may not be achieved and I would not recommend assuming there will be a profit share as the airline industry is very vulnerable to world economic climate eg the price of oil