|FOR IMMEDIATE RELEASE||21st November 2003|
Cathay Pacific Airways today informed staff that, after a particularly difficult year for the Company and Hong Kong, the Company will pay every eligible Hong Kong-based employee a discretionary year-end bonus of half a month's salary or HK$7,500, whichever amount is the greater.
In addition, the Company will pay a special ex gratia amount to all employees who agreed to assist the Company earlier this year by means of joining the Special Leave Scheme. This payment, made in appreciation of the support given to the Company, will be approximately equivalent to the amount forgone by virtue of joining the scheme, up to a maximum of approximately three weeks' salary.
|© Copyright 1996-2013 irasia.com Ltd. All rights reserved.|
DISCLAIMER: irasia.com Ltd makes no guarantee as to the accuracy or completeness of any
information provided on this website. Under no circumstances shall irasia.com Ltd be liable
for damages resulting from the use of the information provided on this website.
TRADEMARK & COPYRIGHT: All intellectual property rights subsisting in the contents of this website belong to irasia.com Ltd or have been lawfully licensed to irasia.com Ltd for use on this website. All rights under applicable laws are hereby reserved. Reproduction of this website in whole or in part without the express written permission of irasia.com Ltd is strictly prohibited.