By South China Morning Post | Created at 2024-11-19 07:16:37 | Updated at 2024-11-19 09:43:39
2 hours ago
Hong Kong flag carrier Cathay Pacific Airways has announced an average salary increase of 3.8 per cent for its employees next year, matching the levels of 2023.
Cathay’s decision to raise staff salaries followed reports that the company’s top bosses were paid about 20 per cent more last year than in 2019 before the pandemic, with some enjoying substantial gains even as the carrier struggled to return to full capacity.
“Cathay is committed to being an attractive and engaging employer of choice that rewards our people for their contribution,” the company said in a statement to the media on Tuesday.
It said in addition to the discretionary bonus announced earlier, the Cathay Group would introduce an average salary increase of 3.8 per cent for 2025.
“We want to thank all of our people for their incredible contribution over the past year. As we focus firmly on the future opportunities for the Cathay Group, especially with the coming opening of the three-runway system, we are confident that we will move to even greater heights together as we strive to become one of the world’s greatest service brands,” the airline added.
