Check out Schedule B
B.1.7Salaries - flight instructionThe following additions to the minimum salary provided in clausesB.1.1 and B.1.2for flight instruction.
(a)On appointment a flight instructor will be paid on the following basis:
(i)Single engine:
Grade III single engine charter
Grade II single engine charter plus 417% of the standard rate per annum
Grade I single engine charter plus 834% of the standard rate per annum
(ii)Multi engine
Grade III multi engine charter
Grade II multi engine charter plus 417% of the standard rate per annum
Grade I multi engine charter plus 834% of the standard rate per annum
(b)Despite CAO 40.1.7 subsection 4.2, an instructor who has not achieved their 50hours flight time instruction in navigational sequences but who has logged 300hours in total will be paid as a Grade II flight instructor.
(c)A Grade I instructor engaged on single engine aircraft covering eight years of service with the same employer will be paid increments of 106% of the standard rate for the sixth, seventh and eighth year of service with the employer.
B.1.8A pilot who is required to carry out flight instruction using the privileges of an instrument rating will be paid the appropriate additional allowance as follows:
Instrument flying rating
Percentage of standard rate
%
Command or Class 1
732
Co - pilot or Class 2
476
Night VFR or Class 4
183
These numbers can't be right
Although I wish they are
Following these numbers a Grade I multi-engine instructor should be paid 15 times more than $38848, i.e. $580k+