What's really wrong with Brookfield?
AreYouForReal
Thanks for all details. That is valuable information for all RYR cadets and/or wannabees!
It is hard from the other Ryanair threads to clear out the important stuff. It takes hours and hours to go through the 30+ pages on one of them.... without saying that a lot of it is outdated (threads merged) or totally confusing (moaning).
It is refreshing to read a thread that is giving facts about the airline and how/where/when the training scheme is happening, without hearing the usual "blame" story.
For most of the self funding cadets, what really matters is what happens AFTER the line training. 30K is a lot of money and one needs to know how the "Return on investment" will take place.
The training pay does not count really as this is good enough to pay the living expenses (not even). But in many other professions training is not paid either. This is bearable for a few months only.
So what counts is what's happening beyond the line check. Feedback anyone?
From what I understand, all cadets are now offered a Brookfield contract and not a Ryanair contract, which seems to make everyone rather unhappy.
But what's really wrong with the Brookfield contract? Apart from the fact that you're a contractor (self employed), is there something more that one needs to know?
Are you getting less money at the end of the day? Or is it because you're not "guaranteed" any flying hours?
Are all Brookfield contractors based in Dublin? It seems that another "version" of the Brookfield contract exists with no assigned base that keeps the pilot "floating around" between all bases?
If this is the case, what's the difference in terms of salary and roster?
Can some one compare with numbers what it really means in terms on "take home" salary between a Ryanair FO's permanent contract (if offered beyond the training contract) and a Brookfield contract?
Also a lot of Ryanair cadets come from Continental Europe, and the UK/Irish tax system is unclear. What really is the tax situation of, let's say an Italian pilot based in Dublin with a Brookfield contract, but with a permanent residency in Italy (going home off duty)? Does he have to pay taxes in Ireland or in Italy?
In short: any tax benefits of it?
Being self employed usually means that the salary is higher, but you need to pay your own pension, social security, etc... the differences can be huge from one country to another...
Can someone explain the advantages/disadvantages?
Any experience in that matter?
Thank you!