Originally Posted by
White Van Driver
G-SXTY has hit the nail on the head, but with that I can shed at least some (unashamedly complicated!) light on the subject.
DEP starting salary £63,342. Increases more-or-less linearly on 34 year scale to £141,377 (LH) £120,027 (SH).
Captain salary is 1.33xFO salary.
PLUS flight pay approx £11/hr (block hours)
PLUS allowances £4.08/hr away from base (HMRC taxes the majority)
PLUS untaxable allowance £10/day per overseas night.
MINUS covid pay cut ("delta") of 4.1% currently, predicted to increase to 10% pay cut in 2023. This will then slowly decrease over literally decades.
Company and union are currently in discussions over pay. We are also owed a 4% raise negotiated pre-covid but accepted that to be delayed from 2020 till 2023.
Pension is defined contribution scheme, highest rate 6% employee, 15% employer, on the basic salary.
Thanks for those details. So a 34 year LH FO would make 141k plus flight pay?