Originally Posted by
R T Jones
Say it quietly, £100k a year in the south east, especially as a household income, doesn’t go very far.
Quite. Pension contributions over £100k are regularly talked about as some kind of solution, as though the resulting take home is more than enough to live on. In the South East it provides a very basic lifestyle at best. Don’t get me started on the childcare issues.
PP34 has become wildly uncompetitive as a salary structure, not least because of the glacial rate at which it increases but also that anyone joining now is likely to be stuck in this painful tax bracket for quite some time - even if you get an early command.
I suspect this is why it’s supposedly being addressed by BALPA and BA, although I doubt the NI hikes in the budget have helped BALPA’s cause much.