Bad Air Sucker,
OK. I will use your assumptions.
I have included the Annual Discretionary Bonus for CX even though it isn't guaranteed. I have assumed 84 HDP hours a month. I have ignored profit share as it will be about 2% a year for CX and profit share for EK has been averaging in excess of 10% but you want to keep it 'guaranteed'. I have assumed they only get 75hrs for their HDP and no overtime for either CX or EK but bear in mind their system pays overtime earlier than ours. ALso they can purchase a house using EK money just like we can.
They have RA 65 already, we don't. I have assumed CN in year 5 in EK( year 3 or 4 currently) and after 9 years in CX. I have factored up EK salary to allow for 16% tax.
Year 1
CX $406K (SO1)
EK $702K (FO1)
Year 5
CX $806K (FO1)
EK $1,107 (CN1)
Year 10
CX $1,241K (CN1)
EK $1,269K (CN6)
Now I have ignored ERP and a vastly superior profit share forumla for EK which could add up to 7.5% and 5-15% respectively. I have ignored CX profit share of 6days and $6,000 which is around2% and I have assumed ADB is paid forever when history suggests otherwise.
Badairsucker, you still think CX pays better????
Aussie, if you want I can do the same thing for QF - believe it or not, over the last decade CX has fallen way behind. Even allowing for an extra 4-5 years to command, QF pays more over a career!