At Netjets we are still "paying" for the sins of the past.
Netjets used to be a Pay For Training (PFT) operation and in the late '90s they stopped doing it due to the low participation rate and low average experience levels they were getting.
The problem is that we still aren't getting paid fair market value for our services, and many of the PFT pilots are really now only aware of the damage they did by paying $8,000 plus for a $28,000 starting salary on a Citation II. Many of these same crew now see NBAA salaries up in the $US130,000 for a base salary on a Citation X.
What will happen in Australia is exactly the same as happened here at Netjets. We now have to make an enormous effort to restore the balance with a concerted effort on the part of our union. The management obviously cannot believe that we all want to make six figures and only time will tell if this works out, or if we end up going on strike.
Its possible to make good overtime rates here at Netjets and if you do, you can make good money, but never be home.
We are still having many experienced applicants turn down job offers here due to the terrible starting salary and our company has now reached a point where we are short staffed.
This whole debacle started with pilots who paid for a job, believing their skills were worth next to nothing, who just wanted to say they flew a jet for a living. It has been a thorn in the side of every operator in the country since.