etrang
And what happens when he/she is no longer single my short sighted little friend.
Voiceofreason
What is your motivation for wanting to degrade our CofS? Be truthful. For someone that claims to be a Voice of Reason, all you really are is just a voice for selling out our profession. You seem to fail to understand that:
• Most expats couldn’t live in the areas you are comfortable with.
• Most expats won’t be single very long.
• Upgrades from S/O to JFO when I started were running at 18 months. They are now running at about four years and will most likely blow out to 6+ years if CX starts crewing long haul flights with two SO’s. Yearly pay increment for SO’s stops at year four.
• The new house assistance of HK$10000.00 isn’t indexed to the Hong Kong Housing Index and therefore isn’t indexed for inflation. You want to have a guess what the inflation rate for housing in Hong Kong has been running at for the last few years and what that HK$10000.00 will get you in a few more years if inflation goes the way it is predicted to go.
• After tax on the housing assistance you are only left with HK$8300.00.
• The HK$1,100,000.00 forgivable loan after 6 years ROS to CX is 100% taxable by the IRD and if you are from the US by the IRS. That would be an interesting tax bill. Even if the entire loan is used to pay for the training in Adelaide it is 100% taxable as it is now considered income.
I could go on and on. The majority of CX pilots want same pay for the same job, including cadets. That’s full expat terms for everyone including cadets. Even if CX only gave 50% of the full expat housing for six years CX comes out in front.