Just done the sums for my personal circumstances - the bootom line is an inflation-busting net pay rise of less than 200 pounds per year. But, having referenced that to the Retail Price Index - coz I buys my stuff at the shops - I will be a couple of hundred pounds a year worse off.
The extra FRI for Snr offr pilots - 50 grand for staying for 5 years and then, for accepting that FRI, you can have another 50 grand too. Who is being targetted here? IMHO, (in the Multi world) the money will almost entirely go to chaps who were staying anyway; nobody will change their minds and stay for 5 years for less than 60000 net, and the cost of 5 years seniority and employability in an airline. The bottom line their must be a substantial loss in lifetime earnings.
15 months 20 days left...