Hidden Agenda,
I think it would depend on the environment, ie. Offshore IFR is considered a high risk environment but generally would not employ a FO with less than 1000-1500 hours.
EMS IFR is also considered high risk but will generally employ lower time (500-1000 hours ATPL written) pilots as FO's.
Salary would be comensurate with the country you are in. Canada for instance starts there lowest level FO's at about 18-20K CAD per anum. On the other hand, RSA starts their FO's at a much lower level.
The trick is to find an employer who has long term needs coupled with a clear career path, ie. a set career progression to Captain.
I hope that helps.
Cheers,
OffshoreIgor :eek