Some quick fag packet (make that a v used fag packet) maths:
75% of EJ contract FO payscale (source: PPJN) = £31,714 basic
Sector pay monthly (75%) (roughly 15 days @ 16.89 sector *4)
= £1013.4 * 12 = £12,160
Grand total (pre-tax) £43,874
Post tax (via PAYE online tax calculator, tax on 70% of total sector pay)
= £33462 / 12 = £2788 monthly
Two main issues(?) - 1) this is initially a contract position 2) The TR (see CTC website) will end up costing just shy of £20K once VAT is added.
For many guys looking at this (perhaps in current flying employment elsewhere) unless they have £20K lying around, once you have covered the monthly re-payments on any loan required, you're going to be down on your money from what you're earning in your current position.....
Quite the gamble unless its a perm position at >75% working?
(NB: Pls feel free to revise above data if there is more valid stuff out there!)