PPRuNe Forums - View Single Post - Conditions of Service Negotiations...Current Status?
Old 22nd Jun 2007, 08:58
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Captain Don Quixote
 
Join Date: Jun 2007
Location: La Mancha Airport
Age: 58
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Hi veruka,
thanks for that. One mate has been in QF for 11 years now. He is earning $250K as a 400FO. But as you said he has to pay 5% into his super. He said his payout should be around $1.5million aussie. He said his allowances aren't taxed and he gets around $20,000 per year. Another mate who happens to be on a basing as a Captain says he is on $204K as a 2 year CN and he has been in Cathay for 10 years and he said his allowances would be around $10K and also not taxed.

So FO on $250K paying 5% - get $1.5M super - $20K in allowances tax free

or 2 yr CN -$204K get 15.5% topay who knows how much at 55, $10K in allowances and free medical.

Like I said, seems like an absolute no brainer to me! By the way, the Qantas guy gets more days off than the Cathay CN! Once he starts getting senior his salary will start going up! Junior 400 CNs get $300K, senior ones get up to $400K.

Think I will study the mensa tests!
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