lets just point out the difference in black and white. instead of 64,0000HK housing allowance / month (i think this was best case scenario, heared few guys only getting about 30,000hk) it is now only initially 10,000HK/month for new hires and this only goes up to about 36,000HK as a captain (dont have figures in front of me right now). So the new 2nd officer earns about 50,000hk / month less than the more expereinced second officder. But as a small gesture the new hires do get 880,000HK at the end of their first year. which is about 12-18months of HKPA on old scheme. hopefully we will be Jnr Fos by then... haha maybe not. please correct me if i have made any miscalculations or havent put in other factors.