I can't believe they want to start a HK Freighter base by offering a pay cut
Thy're such greedy fuchers! If you compare the proposed scale to the current US base scale, which is lower than Europe due to the strong BP, it is a paycut starting from year 4 FO until it becomes a huge paycut on year 8 FO
They say you can bid this HK freighter base after 2 years. No wonder, the first two years it would be a pay rise for a US FO on the freighter to take the HK base. Here are some numbers converted to USD for comparison, they assume 7.8 HKD per USD. These are monthly salary figures.
YR1 FO 6179 in HK vs 5292 in US (887 USD difference)
YR2 FO 6282 in HK vs 5792 in US (490 USD difference)
Year 3 the scales are just about tied...
YR3 FO 6388 in HK vs 6292 in US
Year 4 is where the scale in HK progressively gets shittier and shittier. It starts with a slight paycut going to a huge, almost 1000 USD per month paycut for year 8FO. That is 12,000 USD per year! What are they smoking and where can I get some...
YR4 FO 6496 in HK vs 6750 in US (254 USD difference)
YR5 FO 6716 in HK vs 7253 in US (537 USD difference)
YR10 FO 7627 in HK vs 8619 in US (992 USD difference)
I really hope nobody takes this shitty deal. If they don't, then they will continue to pay Passenger 744 FOs and CAs to do the same job for 2 times the money. Anyone taking this deal is really screwing all of us! I know that everyone has their own situation to look after, but please, don't take this deal. If you go to Oasis you can make bundles more money. If you are on a freighter commitment then just request an HBR, you will make more money.
The 13th month bonus is discretionary, and even with it, you will only come close to the current scale but not reach it. If you are on a European scale then the pay-cut is even worse!