Sky Hooker
It isn’t a case of mine is bigger than yours at all. What some of us are trying to highlight to hopeful wannabes is that some on this forum will try and exaggerate HKA conditions of service by telling you that you will be better off than a CX S/O. You will not especially if you have a family. For all I know those peddling this rubbish are HKA management trying desperately to hide the truth.
To be quite clear about it a CX 1st year DESO will receive and monthly base salary of HKD$32213.00. On top of this they are entitled to claim up to HKD$24150.00 per month in housing assistance that can be used to pay for rental accommodation or pay off a mortgage if they buy a property in Hong Kong. On top of this is medical coverage, loss of licence insurance and a contribution of 15½% of your monthly base salary into your provident fund each month.
The latest conditions I have seen for CR Airways in July this year stated a gross first year income for F/O’s of HKD$41000.00. I have even seen on other threads on this forum that CR Airways deduct 15% off your gross income each month for the first three years and if you don’t leave they pay it back. If this is true then the real gross pay is really about HKD35000.00. I’m not sure if this is true though.
So who is going to be better off in their first year? The CX S/O who is getting up to HKD$56363.00 gross per month and can use HKD$24150.00 to pay off a mortgage in Hong Kong or a HKA F/O who is earning about HKD$41000.00 gross per month but has to pay for their own housing out of this which is going to be in the order of HKD$5000 – $10000.00 per month if they are single and considerably more if they have a family.
You don’t have to be a mathematical genius to work that one out. All you wannabes have now been given the truth. It's up to you to take it on board if you are smart.