Originally Posted by
dragon man
The $350,000 I quoted includes allowances and super of approx $40,000, so min guarantee on the 747 is higher. However as we know there is overtime on the 747 and 380 which has been about 30 hours a bid period on the 747 and 50 hours on the 380. The 787 does the same overtime but is not paid for it.
The 787 MGH Captain pay would be 310k at Year 1 and 332k at Year 4 (the latter of which which you would be on if you went there as part of the 747 RIN) . Plus you need to add STACR and training credit worth about 15k/year = 325k year 1 to 347k at Year 4
minimum earnings excluding allowances and super. These are the absolute minimum earnings (MGH + training + STACR)
before allowances and super. Working at planning divisors (which is the long term assumption) would add another 25k/year or so to these figures. Allowances and super would then be on top. The 787 flies almost exclusively to Band 5 overseas ports (USA/UK/HKG) which pay 295 AUD per day tax free - the 747 flies to many more countries not in band 5.
Also not sure about your 30 hours per BP for the 747... maybe for those doing SFO flying but that's finished in a month or so. After that, JNB and SCL will be the only real overtime trips and they're a lot lower in OT.