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Old 31st Oct 2022, 08:41
  #946 (permalink)  
ANCDU
 
Join Date: May 2010
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Originally Posted by das Uber Soldat
Is the eba a payrise in real terms or not. Simple question.
With inflation over the years 2018 to 2021 equalling 7.23%, adding a very conservative 4%for 2022, that’s about 11.23% worth of inflation over that time since the last base pay increase. Putting in the EBA 6% for compliance plus 3% for 2021/2022 it’s up 10% on the base from 2018. Even with conservative figures the base is at least 1.23% below inflation on signing, then only 3% a year until 2025 which will no doubt be below the inflationary figures for a few years at least. So not a pay rise in real terms from that perspective.

That’s a very basic way of looking at it, but when you look at the fact that nearly all airline pilots except those in Qantas mainline are earning less than they were in the late 80’s it’s probably not a bad deal.
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