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An Intro to the flight industry

The air travel industry is a very competitive market, before 2 decades the industry have broadened and still increasing its routes local and globally initially airline industry was partially government owned but in the modern times many privatization with airline industry took place. D E L A G (Deutsche Luftschiffahrts-Akiengesellschaft ) the first world's first airline that was on the 16 November 1909 this airline was started out mainly with the federal government managed/assistance this airship manufacturers were the Zeppelin Corporation and their head quarters was in Frankfurt. The two Americans named Rufus and Marriott tried to start the America's first airline but the efforts were failed because of the airline catching fireplace. The five airline which was first started remain these airlines will be the oldest ones. KLM it is the Netherland's owned, Avianca airlines owned by the Columbia. Qantas is Australian's, Czech Airlines controlled by the Czech Republic, Mexican Airlines by the Mexico. After the world wars there is some inventions have been made and the demand for new planes the designs and the techniques have greatly built and immediately after the earth wars the environment rout throughout the European countries have been set up since the past 15 years the airline route have became a baggiest necessity of both business and common individuals that it's hard to live on without the flights the main positives for the Flights could it be reduces time and making the peoples to go to world in the affordable time.

The air travel industry can be grouped into four different and main Operations

International: This service take more than130 individuals and also have them and can take anywhere in the world. On this category the business have its earnings for at least $ 1bn.

National: On this category it can take the individuals up to 150 and the business enterprise have its income for from $100 m - $1bn

Regional: The small companies which mainly give attention to the plane tickets with quick halts and the earnings of this business is less than $ 100 m.

Cargo: The main focus of these airlines is to carry goods.

Emirates (airline) intro and its expansion:

Emirates flight is the major airline of the UAE which is the subsidiary of the Emirates group additionally it is the national air travel of the UAE (Dubai) its major functions is from the Dubai AIRPORT TERMINAL. It had been founded in the entire year 25th Oct 1985 The Hub of the Emirates airlines manages its services to the ninety six (96) areas and about 56 countries and covering around 6 continents. The company also functions the world's longest flights to New York, los angles and other two expresses in Unites States of America including Houston (Texas) the cargo services of the airline is operated by the Emirates Cargo services Division at present the Emirates group has more than 40, 000 Employees Employed and it is the main one of the most notable 10 top notch airlines in the world.

Emirates group as a new and young company faces problems back 1980s when the gulf airways cut down its plane tickets to Dubai the rescue of help from the Dubai royal family invested $10 million in order to begin, the top of the airlines was sheikh Ahmad Bin Saeed al Makhtoom and he's also the present chairman since that time the airlines have made its development in the fleet and possess expanded its spots.

Emirates Airlines Expansion and Incorporation:

Emirates group have made remarkable efforts to grow since 1990, research implies that Emirates is one of the speediest growing airline on the globe because the Emirates group have made collaboration with AA (American Airlines) in 1994 it began providing the world class service to the people across the world immediately after the partnership Emirates revenue turned to $634 M in the end of 2004, then after the airlines ordered 7 new Boeing 777 in 1996 costs about $1 Billion. IN-MAY 1998 Emirates enter the contract with Sri Lankan Air Lines to manage the airlines for 10 12 months In the entire year 2008 Emirates launched its nonstop air travel to New York. In the entire year 2010 Emirates group have launched its plane tickets to many new areas in UK, Paris, Bangkok, Australia, and Saudi Arabia

Do you agree with performance linked praise system? Summarize the recent fads of reward system in your organization or the organization you have chosen. Discuss its impact on production in your organization

Performance linked pay back system:

The most important way to win over employees is merely by reward to talk about the profits and allow them bonuses by paying them bonus products the idea of pay back system says that is what sort of employees will reveal in your dream when you match their dream. The mechanism of the system can make this possible. The compensation system is not just paying the bonus deals and permitting employee's shares in the stock options. It is more likely to do with deals, benefits and other incentives which can motivate employees however many companies do not offer this which contributes to the failure of these company so all the employers and I will agree with the reward system to preserve on the market with the rivals. (Donna Dee prose P: 33)

The basic theory of praise system is that, "you get what you prize "the Employees. The primary theory of management is things are done quickly if you compensate the Employees, they shows positive attitude towards their works and their action changes if you encourage them for his or her work. In the event that you set a certain concentrate on for the employees so when they achieve it reward them immediately failure to do so will have an effect on the results in the foreseeable future and never keep behind the employees rewards.

Therefore the main principle of drive is by providing rewards and every business should agree with this system for an effective organization.

Benefits in dealing with flight industry (Emirates):

Individuals considering finding a job which can provide a good career prospects which will provide the option to visit the complete world and enjoying all the huge benefits as part of the Emirates group then it's difficult to find the better industry than airlines and specially working for the Emirates one of the world's best air travel. There are variety of benefits plans for the employees and career development programmers the group provides.

In the further studies about the airline industry in the Unites States Of America there are practically 100 airlines and 500, 000 peoples are employed by them lots of the positions provide excellent benefit packages, Emirates as world class airlines travels to providing services in 56 countries and likely to be added more in 2010 2010 creates more job opportunities than the USA and runs a great reward system.

Emirates Group:

Emirates Group as a world class airline offers a very huge range generous benefits to the permanent employees who are used globally. The group employs an in depth research and research on reimbursement and benefits policies by doing so the group can retain the top talented employees.

This case study provides the knowledge of the total benefits working for the Emirates, the pay back system the company includes the money and non cash elements.

The Summary explains the basic elements of the Emirates group compensation for the employees, this description for the compensation and reward system provides the information for the applicants working for the emirates group depending on what are their role and the unique skills and personality.

"The Najm prize design is the reward and acceptance program me of the Emirates Group. The Najm ('Legend' in Arabic) recognizes, motivates and awards employees that either screen exceptional behavioral competencies ('going the excess mile') or identifies organizational advancements (enhanced safety, lower cost or improved revenue)

Cash elements rewards in emirates group

 

Competitive salary and progression through salary range

Emirates employees enjoy the competitive salary into cash; depending on country they like E. g. The employees working in Dubai and K. S. A enjoy the tax free salary monthly and relax all countries gives the normal tax depending on their county's legislations. Incomes are paid depending on the role and knowledge and expertise that the applicant can input into the role, the group carries a research with the relevant businesses and reviews on regular basis to be able to stay competitive in providing the rewards to their employees. Employees will get the upsurge in salary range by the company when the duties have been increased it is provided to keep employees motivates as money is a biggest motivator and used to divert road of employees to an appealing direction.

Allowances

The Group supplies the accommodation for his or her employees or they give out the allowances for accommodation looked after provides the transport allowance or travel. The prospects in specific roles are only qualified to receive this role.

Profit share schemes

The company works the profit share schemes to the employees with respect to the financial statements of the group.

Protection in trade rate scheme

The employees who works in the UAE their 50% of the salary is protected against adverse exchange rate towards dirham and your currency classification

Professional allowance

For the employees who own the specialization skills company runs the scheme of realizing their skills.

Non Cash elements rewards in Emirates Group

Annual leave

The company provides 30 days of the annual leave excluding the general public holidays. The annual leave will increase depending on the amount of service.

Gratuity/pension schemes

Company works a gratuity/pension strategies depending of the labor legislations regulations of the united states they work/ live in. For instance in UK, if a worker subscribes for the pension's Schemes Company deducts specific amount and pays every month pension following the retirement. The UAE labor law the employees are provided a gratuity on the finish of service.

This kind of service is available to the prospects depending of the conditions like of occupation and circumstances.

Free getaway tickets

Free holidays seat tickets are given to the employees and their dependants/family for the vacation spots of their trip and also works plans that employees can purchase a solution for the families and friends on the reduced fare.

Education allowances

Company provides financial support for his or her employees towards their tuition fees for the employees who are on older positions to teach those to requisite job skills besides these children's of employees are allowed to claim the education allowance for enough time of complete time of service.

Insurance

Insurances like Medical, Dental care, life and Automobile accident are provided to the employees throughout the space of service they are really with the business.

Provident funds

On leaving the business employees are provided the provident account that they have been conserving throughout the company determines either to pay the Gratuity or provident finance whichever is the bigger the provident account is like the long time savings of an employee with the business employee have to add 5% and company inputs 12% of the basic salary.

Emirates card

Emirates employees benefit from the privilege to be an emirates worker they can likes the huge benefits throughout the thousands of retailers of the emirates group in UK and around the world.

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Additional compensation system in Emirates Group

Recognition incentive from supervisors

Employees with emirates looks forward to the rewards from the supervisors when they feel the worthiness of the prospect they are performing constantly this how to say thanks a lot by words or by writing a thanks giving letter or by providing them an appraisal.

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