PPRuNe Forums - View Single Post - 2008 salary scales
View Single Post
Old 25th Dec 2007, 13:28
  #2 (permalink)  
Numero Crunchero
 
Join Date: Oct 2006
Location: Hong Kong
Posts: 651
Likes: 0
Received 0 Likes on 0 Posts
To save time

For those who can't be bothered looking up the CX link to see the 2008 pay scales....

A scalers - find the pay scales from 1993 and 1994 and you will find your salary commensurate with those figures

B scalers - sorry you will have to fossick a little deeper, your 2008 payscales are on par with those prevalent in 1992.

DEFOs - well as far as the Oz base is concerned, the salary is equivalent to Aus B scales in 1994.

So no need to look up these new salary scales, just dust off those decade old payscales and save yourself some time!


Three things to consider when comparing salaries over time....exchange rates, CoL and tax.

CoL has gone up in all our major countries of origin - houses have doubled to quadrupled alone!
Tax - HKG hasn't really changed, but Oz basing didn't pay any oz tax in 90's- things have changed since
Exchange rates....base salaries were based on 11.5 for UK (vice 16 today), 5.5 for Aus (vice 6.8 today) and around 5.8(I think) for Canada (vice 7.8 today).

So on those measures the current salary is well short, in real terms, versus the salaries that existed over a decade ago for A and B scales!
Numero Crunchero is offline