Originally Posted by
cxorcist
About 131k hkd (16800 usd) per month. Add 10% to that for a full 84 credit hours (70+ hours block time). Then add 15.5% for retirement.
Of course all this needs to be tempered by the cost of living in Hong Kong. That needs to be tempered by lower tax rate, potential for 13th month, and any housing and education allowances. Housing and education are astronomically priced.
4th year captain 737 is $304 AUD/ hr. plus pension minus taxes plus expenses . Say after tax take home is only $200K. Breathable air, first rate education circa 10-15k/year. (You can pay double for the same results of course). Family medical costs 4,000/yr for excellent additional private coverage. Out of pocket expenses might be another 1,000 or so depending.
Housing is silly money in Syd and MEL, but not HK crazy. More western world average in PER, BNE or ADL.
We pay tax here...we mostly get good returns on that what with the pop density and clean air, water amd crops etc.
A 737 pilot makes a similar monthly pay to his or her contemporaries' on the 330 or 787.
There is no mandatory retirement age here...many pilots opt for a few years on the 737 after 65. 737 pilots get annual bonuses of perhaps an additional two-three weeks pay.