I’m a bit confused about the Dragonair “cheaper crews”thing. From talking to Cathay mates it appears the Total “package” (i.e. cost to airline) is about the same. Maybe someone can enlighten me.
In a recent DPA meeting we discussed our present package verses what the company was offering to crew the 744F. The presented figures were based on a first year B scale Captain with 1.5 kids (don’t ask me?), in House Purchase Scheme and Oz domicile (travel fund). Total Package USD280, 000. I would be interested how this stakes up against Cathay.
It is true Dragon base salary is 10% -15% lower. But Dragon gets over time above 75 hrs and double time above 80 hrs. While Cathay don’t get overtime until 84 hrs. Buy my calculation this would give Dragon Guy more if they both flew 84 hrs!
Dragon doesn’t get a decent super scheme like Cathay, but they do get a 15% of salary payment each year on the anniversary of joining. And also the 13th month payment is guaranteed buy the COS.
The housing is fixed for Dragonair at 64000rent/44000purchase. While Cathay purchase is higher at the moment it could also be lower in the future if interest rates drop.
All Dragon B scalers get a travel fund that can be worth any thing from HKD50,000 to 150,000 a year depending on domicile and the number of kids.
I’m not being nit picky; I just want to know the facts. Is there a big difference somewhere I’m not aware of or are we about the same?