Sombody asked for the sallaries at Lufthansa:
Initial Sallary for a First Officer:
26650 pounds
4395 pounds (taxfree)
700 pounds (average extra hours per month)
makes about 39445 pounds per year.
As for the high tax and social security rates, it makes about 20000 pounds net per year.
Not to forget that a young F/O has to finance 27000 pounds training.
Charly