From this week's Flight Magazine:
"The question Ryanair does not answer is how much the "new kids" are paid to start, and whether they were guaranteed a minimum number of flying hours a month, given that a Ryanair pilot's pay is based on the amount of flying.
EasyJet has a similar programme, according to would-be pilots, but unlike Ryanair - and despite repeated requests - the airline offered Flight International no-one to discuss pilot recruitment directly."
See:
Training: jobs for tomorrow
Meantime Flybe are going ahead with MPL cadet scheme. But at least they are investing in training folks.