Just stumbled across this after accidentally clicking on the banner on here
http://www.ryanair.com/site/EN/about...arPilotPayDeal
"Ryanair’s New 4 Year Pilot pay deal
Following extensive negotiations across the Ryanair network, Ryanair pilots will this week choose between (a) a four year improved pay and conditions deal and (b) a one year basic pay increase.
OPTION 1
4 year pay and benefits deal including:
Basic pay increases of between 8.23% and 10.38%. PLUS
New annual allowance to cover uniform, medicals, loss of licence, car-parking, health insurance etc - £5,000 / €5,000 p.a. for each pilot PLUS
New pension contributions (matching) – Captains get £5,000 / €5,000, Co-pilots get £2,500 / €2,500) PLUS
A stable, 5-4 roster = 24 more planned days off a year PLUS
Increased training allowances – LTCs get £4,420 / €5,500 increase, TREs get £5,420 / €6,700 increase PLUS
Transparent sector pay system – payment per sched block hr to nearest minute.
Or - OPTION 2
Option 2 – one year pay increase
2% increase in basic pay
There isn’t any YES/NO vote as claimed on Pprune. Pilots will decide whether they want a one year 2% pay increase or a four year deal delivering a 20% plus increase in basic pay / allowances, a 6% increase in sector pay, new allowances, improved rosters (24 more days off each year), increased training pay and more.
Only on Pprune could a 20% increase in pay be called a pay reduction."