CX vs KA. Package difference.
I have started a new topic following a question that I answered with regards to difference of CX and KA packages should you join either one of these company as a Cadet.
CX
There are 2 main differences between the Expatriate and Local contract is the Housing Allowance and Child Education Allowance.
Cadet pilots will receive a Hong Kong Pilots Allowance which is a cash allowance, its amount dependant of rank.*
Cadet pilots are only entitled to having the children's school fees reimbursed if they are attending schools in Hong Kong.
Apart from ancillary expatriation items, Leave entitlement, Provident Fund contribution are the same.
KA
Expatriate and Local contracts are vastly different. *Leave entitlement is less for a Cadet Entry Pilot. *
Expatriates receive a cash gratuity whilst Cadet receive a Provident fund contribution starting with a lower employer contribution percentage than the gratuity scheme.
When comparing a CX and KA cadet, a KA cadet will
not receive:
1. Hong Kong Pilot Allowance, but instead a Special Allowance which is inferior.
2. *No forgivable loan.
3. *No Child Education Allowance.
Coupled with the fact there is no aircraft orders in KA and no expansion since KA became a wholly owned subsidiary of CX, you will need to carefully consider the 2, should you be put in a position to choose.