http://easyjet.co.uk/EN/Jobs/Pilot/p...dbenefits.html
If you look at the difference between the Cadet salary scale and the direct entry salary scale, you'll find there is exactly £12,000 difference in pay at each step.
Although if we are being paid the extra £12,000 tax free, we are surely earning slightly more then a direct entry pilot?
Assuming an arbitrary tax rate of 20%:
£26,000 x .80 = £20,800 take home + tax free £12,000 = £32,800
£38,000 x .80 = £30,400 take home.
Then there's the trouble of a type rating!...