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Old 7th Mar 2012, 11:27
  #3769 (permalink)  
404 Titan
 
Join Date: May 2002
Location: Asia
Age: 56
Posts: 2,600
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Spitfire88
In addition, SO are eligible for hourly duty pay and is calculated on 84 credit hours per month equating to HKD 42,204 per annum.
You’re assuming you do 84 hours per month. Because of the nature of Ultra Long Haul flying, it is almost impossible to roster you for exactly 84 hours per month. The company also doesn’t like paying overtime which kicks in above 84 hours so they generally will roster you for less than 84 hours. You also don’t accrue HDP while you’re on leave and when you’re sick.
Annual Bonus : equivalent to 1 months salary.
It is an “Annual Discretionary Bonus” with emphasis on the word “Discretionary”. The company doesn’t and hasn’t in the past paid this bonus.
HK Tax : 17%
Multiply this x2 for your first year to cover Provisional Tax, i.e. 34%.
HK Allowances : HKD 10,000 per month
How far do you think HK$10000 will go in paying for a place to rent in Hong Kong?
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