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Old 29th Apr 2008, 13:47
  #40 (permalink)  
TangoUniform
 
Join Date: Aug 2006
Location: >FL310
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Not even close.
If you take their basic s$9300/mo = s$2325/wk 2325X28=s$65100 s$65100x.75= USD$48825 (with 10% taxes then $43942)

30,700AED basic for yr one or two B777 capt per month
30,700AED/mo=7675/wk 7675AEDx14=107450AED
107450AED/3.69=USD$29120

Easier way to work it is their US dollar amount per week is $1743.
Ek dollar amount per week using 3.69 is $2079.

They make about 16% less on the basic...but, they get paid 13 mo's plus last year 24 weeks which nets 28 weeks. But they do pay a 10% tax.

Scary stuff to put one's limited math skills on display. So if I made any glaring mistakes, blame it on too much sun and sand in my eyes...


Posted on another site on PPrune....


B777 Captain: in S$ per month

Basic: $9300
MVC (Monthly Variable Component) : $767
AVC (Annual Variable Component): $767 x 1.15 (paid lumpsum in June for whole year)
Meal Allowances: $2000 (on average, including in-flight & overnight allowances, incl 6 weeks leave, tax-free)
PPA (productivity allowance): $4000 (on average, incl 6 weeks leave)
Transport: $120
Bonus: Between 3 to 6 months of (basic+MVC+AVC)...simplified explanation
13th month "Bonus": 1 month (basic+MVC+AVC)

Income Tax (approx): $2500 (locals), $3500 (expats)

For expats:

Housing: $ 3200 (adjustable, barely, $3100-$3500)
Schooling: $1400 per child for 2 children
Gratuity: $10,000 per year (on completion of contract)
Joining Bonus: Upto $30,000 possible

SI (Service Increment) for every year of service: Approx 3% of basic, incorporated into basic. This year may be more, as inflation has touched 6.6% versus an average of 2-3% over the past 15-20 years.


Lots of other variables like housing etc. but we're just talking cash....


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