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Old 16th Mar 2019, 14:26
  #19 (permalink)  
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Join Date: Mar 2019
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COS18 basic is $48k HKD/mth and no annual increments rises, just one rise to $58k after 2400 block hours in company until command.
There's an 'Allowance' of $18K rising to $22k after 2400 hours.
So monthly 'guaranteed' is $66k for the first 4 years in effect. Thats 48% less than equivalent Year 1 on Standard Contract. Productivity pay will make up for some difference, circa $20k for a full month. Overtime will be in hands of the rostering Gods.

COS18 pension company contribution is 10% down from 15% and is only payable if you contribute 5% yourself.

COS18 pilot get 4 weeks leave fewer per year.

You'll be getting paid a lot less to work harder and have less control over you contract.

If you reach the top Captain scale its almost competitive with Standard Contract but you need >7200 hours in command in company (12 years at current flying rate) to reach that..
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