Originally Posted by
Globally Challenged
Brexit and the eurozone are slightly different as I’m sure you are aware and the UK is one of several gateway countries with their own currency. There are (according to my mortgage broker) many more USD paid UK Tax payers than EUR and Brexit has nothing to do with them either 😜.
The weird thing won’t be apparent to you yet is that we are (apart from our Portuguese colleagues I believe) all employed by the London based NetJets Management Limited 🤯. Getting local contracts is a very hot topic for the union currently to ensure that local social security is paid this giving seamless access to local services … we are not quite there yet but maybe soon (I think there may even be some pending legislation that will finally force the situation anyway).
Anyway - to answer your question. Your contract will be fixed in euros and you can choose monthly whether you want the company to send your bank the euros (and allow them to convert them to your home currency) or the company will convert it for you (they publish the exchange rate they will use about a week in advance and this will be the average of what the exchange rate was for the previous month) and you can get paid directly in your own currency.
You will be able to download a euro payslip and one in your home currency.
Very interesting! Personally I would have prefered to have been paid fixed in sterling or dollars given the current situation
, but it seems like the company is really flexible as it is. Do non euro-currency pilots typically just take the pay in euros and convert locally, get the company to convert, or change according to what would be most beneficial that month?