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Old 30th May 2007, 07:20
  #569 (permalink)  
Fellow Aviator
 
Join Date: Nov 2004
Location: Scandinavia
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From what I can tell it's 45 Euro per hour, no salary... if so then this is good, is it not?
Well, if you get to fly 80h per month it equals 3600E gross. Remember that you have to take care of your social security fees and pension contributions from this sum. The ammount of the 'extras' will be paid as to laws of the country where you reside. Don't forget to deduct your income tax. Other things to consider: holiday pay(no money from brookfields on holidays), travel to sim check + accomodation, ID fees, car park, food on board etc...

Please do remember that there are no guaranteed flight hours. In other words your monthly pay can vary from zero to 3600E (max possible yearly average, which is about 900/11=80h/month, 1 month for holiday).

I woudn't call this good, infact it's terrible.

In the calculation: pension and social sec accroding to imaginary standards.

Please note that social security fees and taxes vary considerably from country to country. But, on the other hand gross pay will be the same!

MAX Flight hours per year

Annual flight hours 900, 11 working months = 81.8 h/month
Gross pay per annum 81.8*11*45 = 40491
Gross monthly pay after holiday reserve 40491/12=3374

Pension 20 %, 3374*20%=675
Social Sec. 5 %, 3374*5%=69
Income tax 20 %,3374*20%=675
Total deductions=1518
Net pay=1856


60 Flight hours per month

Annual flight hours 660 (60*11)
Gross pay per annum , 60*11*45=29700
Gross monthly pay after holiday reserve 29700/12=2475

Pension 20 %, 2475*20%=495
Social Sec. 5 %, 2475*5%=124
Income tax 15 %,2475*15%=371
Total deductions=990
Net pay=1485


40 Flight hours per month


Annual flight hours 440 (40*11)
Gross pay per annum 40*11*45=19800
Gross monthly pay after holiday reserve 19800/12 = 1650

Pension 20 %, 1650*20%=330
Social Sec. 5 % , 1650*5%=83
Income tax 10 %, 1650*10%=165
Total deductions=578
Net pay 1073


anybody, raise your hand if you think the pay is good
Fellow Aviator is offline