09-Dec-2009 12:20 PM
Cathay scraps staff bonus again, questions sustainability of pick up in demand
Analysis
Cathay Pacific announced (08-Dec-2009) that the majority of its eligible Hong Kong-based staff will receive an average salary increase of 1.8% in 2010, but the "difficulties it has faced during the recent global economic downturn" mean Cathay is, once again, unable to pay the usual one-month's salary bonus.
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