Sarcasm
Cpdude, I use sarcasm liberally! I expect diddly squat. We deserve huge increases just to recover from inflation and exchange rates but since people aren't leaving they will just ignore our whingeing and what we deserve.
In 1994 Clemmow wrote that since much of our salary went back to our home country, we couldn't expect payrises based on HKG inflation. At the time Anglosaxon inflation was low. Now we are being told that we shouldn't expect a payrise just because inflation is high in our home countries! Its OK for the DFO, he has currency protection in his PF fund. We don't!
CBC - we are better than some, but way behind most of the majors now. BA have averaged payrises of 4%+ a year for years. EK has achieved 41% payrises over the last 5 years. QF have had smaller 3% rises but have improved other CoS items like min daily credit of 5 1/2 hours and higher min guaranteed hours.
We are most definitely slipping. Until a year ago I used to recommend CX. I don't anymore.
By the way CBC, starting at EK now as an FO you will get $56K(HKD) a month tax free starting salary. Allowing for tax, within 3 years you are earning CX SFO 1 level. When you get your command there you earn more than a CN in CX and becuase EK have 3% increments(CX1.8%), the pay differential gets bigger as time goes on.
QF have just announced massive order of 787s. If RA60 comes in, commands will be delayed to QF time spans. May as well tell newbies to take the safer option.If you want $$$ and quick command, EK. If you want to earn more than CX but live in your home country(oz) and don't mind that command will be 12-14 years, QF is the go.