PPRuNe Forums - View Single Post - Ryanair exodus, what is the plan?
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Old 21st January 2011 | 16:38
  #262 (permalink)  
Unregistered737
 
Joined: Jan 2011
Posts: 21
Likes: 0
From: FL410
MOLG you just don't get it do you? If you had half a brain on you you would of done the sums but because I am nice and i like to help stupid people below are the figures which I ran through before taking the job at FR

Here is an example for you.....bearing in mind both cadets have forked out for the same training so we can disregard that!

Cadet at thomas cook

Yr1 - £30,000 BEFORE TAX
Yr2 - £32,000 BEFORE TAX
Yr3 - £34,000 BEFORE TAX

Total - £96,000 BEFORE TAX

At Ryanair

£20,000 upfront for TR - If you were a good negotiator you would probably be paying 2.5% interest so over the 3 years that is £1500 for the three years roughly!

Then as for the salary - yes i lived of baked beams for a month or so whilst i got myself settled. there are very cheap bnb's in most of FR bases. so as for my salary working on some rough numbers hear but i fly on average 750 hours a year...

Yr1 - I worked 11 months (i passed my line check within a month) on a rate of 687 hours @ E75 = 51,500
Yr2 - 56350
Yr3 - oo my rate went up at the end of last year because i had 1500hours but to be nice to you MOLG i will leave it at the same rate = 56350

Total before tax = E164,200 convert that into pounds (I will also give you a good rate MOLG of 0.7 (over the past few years it has been well above that got up to 0.85 and therefore increasing my salary by 15% but we wont try and complicate things for you too much MOLG)

So my total earnings before tax come to £114,940 oh minus the £1500 for the interest and £20000 for the TR comes to £93,440...this is not to mention the tax benefits you can take from offsetting your TR and maybe not declaring a few hundred hours (should you choose to do so!)

MOLG look at the facts before you come on here and moan about us complaining. You say the same BS about how we should just take it in the a5s because we signed the contracts when in actual fact it made perfect sense to take the job....At the moment I am in a stable job with good pay and the poor boy from thomas cook was given a seasonal contract on 81% after year 2...now who made the right decision ! woooo saaaa

Personally my pay isn't too bad what I don't like and the reason i am wanting to leave is because they treat us like Did i know this before I came YES but when you don't have 'bank of mum and dad' you need to take any job so that you can pay for the other loan you have taken out!

This is a business my friend and you will no doubt be broke if you ever decided to become a pilot.....

U737

P.S For everyone else i am finding it hard not to keep on falling into their trap and I am sorry! MUST DO BETTER!
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