As a comparison:
A starter with "XXXX", currently on 41.5K, will shortly be on 45+K. Their floaters also get an allowance of approx 4K plus a car allowance to make up for not having company transport.
The "YYYY" deal is 16% spread over 3 years - 8%, 4% and 4%. A starter with "YYYY", currently on 41662, will be on 45K next year and 48672 in 2010. Anyone joining with a "xx 123" rating or an IR automatically starts on the Year 3 rate - currently 42921, going up next year to 46330 and 50143 in 2010. That doesn't include the bonus (assuming the company makes a profit over 6%), the LoL insurance, Death in Service benefit and 6% company contribution to the pension.
The more industry wide transparency over on-shore pilots pay (that the Mods will allow) the better!!