PPRuNe Forums - View Single Post - SCMP article re: local v expat terms
View Single Post
Old 25th Feb 2009, 04:23
  #19 (permalink)  
hekokimushi
 
Join Date: Jun 2004
Location: AOG
Posts: 192
Likes: 0
Received 0 Likes on 0 Posts
EO

i understand your debate. but for the company's bean counters, yes, we cadets are the long term financial savers. We signed up what was given. We graduate from FTA, but are not guaranteed a job. like the recent graduates of KA cadets are sitting at home twiddling their fingers.

the numbers wise

let's say for the Housing ONLY.
a DESO get a housing package of an approx 35k a month for the first year.
lets assume it does not change for the first 3 years as a SO in the CX's case.
35k x 12 months = HKD$420k x 3 yrs = HKD$1.26M

very close if not more than an ab-intio training package pay already, correct?

3 years of a cadet would already broke even compared to an expat looking at housing alone. any advance from SO would save the company money. so~ all we are trying to fight for is some housing allowance, local Capt get 24k in CX for "housing" fixed rate, we would like to see 12k for FO, maybe 6k for JFO thats all. Not too much to ask for from the company. we fully respect what you are giving up, away from the family etc. but i would also like to point out that many of our local term's lads/gals have their family elsewhere... living in HKG on their own too.
hekokimushi is offline