Cathay Pay Rise
Just In:
"I am pleased to advise that the Company and the HKAOA have agreed to interim increases to salaries for Unified First Officers, Freighter First Officers and Freighter Captains, effective from 1st July 2008. The increases will apply system-wide to FO 1 to 3 on the Unified FO scale, as well as FO 1 to 8 and Captain 1 to 5 on the Freighter scale.
Approximate Increase Effective 1 July 2008 (as % of Salary and HDP)
Year / Unified FO / Freighter FO / Freighter Capt
1 / 6% / 6% / 4%
2 / 6% / 6% / 4%
3 / 6% / 6% / 4%
4 / 0% / 6% / 4%
5 / 0% / 4% / 4%
6 / 0% / 3% / 0%
7 / 0% / 2% / 0%
8 / 0% / 1% / 0%
9 / 0% / 0% / 0%
10+ / 0% / 0% / 0%
These increases were agreed to ensure that we remain competitive in the recruitment market and to bring Cathay's European remuneration on par with FCS. Further discussions will be held with the HKAOA over the next few months to decide final remuneration for all categories of crew to be implemented in 2009"
Last edited by luvmuhud; 4th March 2008 at 09:13.
Reason: formatting