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Old 25th Apr 2006, 00:30
  #53 (permalink)  
Norman Stanley Fletcher
 
Join Date: Jul 2001
Location: 'An Airfield Somewhere in England'
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HundredPercentPlease - I work for the same easyJet you do! I tried to be very specific in what I said and clearly stated that sector pay was grossed up in order to compare like with like. This is because different companies have different tax arrangements on allowances such as sector pay and so on. Therefore you must gross up in order to make valid comparisons between companies.

At this moment an F/O earns £12.86 per sector with a £7.50 tax free element. Assuming high rate of tax, he therefore receives ((£12.86 - 7.50) +£7.50/0.6)) = £5.36 + £12.50 = £17.86 gross. Apologies for the £18.06 - I used the new tax free element of £7.80 in my calculations. I am sure you will accept a 20p discrepancy! From October 2006 the GROSS sector pay would be (£14.18 - £7.80 + £7.80/0.6) = £19.38 per sector. An FO in the high tax bracket flying 500 sectors would therefore be paid £10172.12 gross if you assume an additional 32 sectors pay from SEP, 2 days in the sim and 12 ASBYs per year. Also, you can join as a DEP if you are type-rate or have significant medium/heavy jet experience. Hope that makes sense.
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