PPRuNe Forums - View Single Post - HyperMerged: Q Engineering LAME EBA VIII/Industrial Strategies
Old 5th Jan 2008, 00:39
  #787 (permalink)  
rudderless1
 
Join Date: Jan 2005
Location: sydney
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Realise this!

If we settle for 3% again whilst wage growth is 4 1/2 %-5% and rising and has been above 3% for a long time! Do the sums, its death by errosion and must be stopped.
$2000 last year is the 2% difference add that to a further $4160 due another loss of 2% = $6180 after only 2 years with 2% less. After 3 years its $6491
eg at the end of
2006 $100 000 $100 000
2007 $103 000 $105 000 $2000
2008 $106 090 $110 250 $4160
2009 $109 272 $115 763 $6491
# $12651 further out of pocket in only three years compared to the average wage inflation on a $100 000 income. This is additional to what has already been erroded!
When will people accept for our skill, and a 24/7 shift etc we are not paid that well.
More than half the LAME's are less than level 9 and cannot move past it.
The basic pay of a level 9 is $77 000. To be a level 9 generally you hold a number of licences to this figure add shift between 7% and 38%.
Single licence holders in the shed are well off the money at around $75 000 to $80 000 all up for their skills and shift!

Last edited by rudderless1; 5th Jan 2008 at 02:29. Reason: incorrect years
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