Hong Kong Express pilots get pay cuts, ground staff go on unpaid leave
- Charles Chau
- Topics: Home Page - News, Hong Kong, Job Cuts, News, Restructuring, Talent Management
Hong Kong Express (HK Express), Cathay Pacific’s budget carrier, will also reduce salaries of its management personnel by 15% and ask ground staff to go on unpaid leave next year.
Pilots’ salaries will be cut by 25% to 40% when they were not flying, and by about 8% to 14% if they flew 70 hours or above monthly, said Simon Wu, director of operations at HK Express in an internal memo.
Mandy Ng Kit-man, the airlines’ CEO, will take a 15% pay cut through 2021, while director-level management will take a reduction of the same percentage for the first six months of the next year.
READ: Singapore Airlines Group to retrench about 4,300 employees
For ground staff, HK Express will launch its third round of voluntary “special unpaid leave scheme” where employees are required to take 20 days of unpaid leave in the first half of 2021.
If the staff decide not to accept the new terms, their current employment contracts will be terminated. HK Express has around 200 pilots and more than 1,000 employees in total.
