From the TCA website. I was told at interview that the allowances work out at approx £6,000 more to start with.
As a Cadet Entry Pilot you will enter the airline as a Cadet Entry First Officer (CEFO). Promotion to Cadet Entry Senior First Officer (CESFO) occurs after three years employed service or achieving 1500 hours TT. In practice, therefore, it normally occurs before those 3 years are completed.
On promotion to CESFO you will earn the year 1 CESFO salary. If you are selected for command before the end of your bond period, you will start at the year 1 Cadet Entry Captain’s salary.
In addition to salary, the Cadet Entry Pilot’s bond will be repaid at the rate of £12,000 per year for 7 years. At the end of the bond period, the Cadet Entry Pilot will transfer to the Direct Entry terms and conditions. Depending on how quickly you are promoted from CEFO to CESFO this will make your year 8 basic pay £41,362 to £43,033 or, if you have achieved a command by then, the appropriate Direct Entry Pilot captain’s salary.
CESFO
Y1 £26,976
Y2 £26,976
Y3 £27,755
Y4 £28,550
Y5 £29,362
Y6 £30,189
CEFO
Y1 £17,434
Y2 £19,494
Y3 £23,273
Allowances and Expenses
In addition to basic pay, pilots earn sector pay and other allowances and expenses. Full details will be provided at the time of recruitment.
Other Benefits
Pension – a final salary scheme
Loss of licence insurance – 4% of annual salary paid per month for up to 50 months
Personal Health Insurance – up to 75% annual salary paid each year
Personal Accident Insurance – up to 3 x annual salary
Business Travel – medical and emergency, emergency assistance, legal expenses, money and personal effects cover worldwide
Death in Service – up to 4 x annual salary paid as a lump sum
Other than eJ, the only other cadet scheme I have salary details for is the BA one which was just over £19,000 basic pay + allowances for year 1. I understand that bmi was similar, and the others (flybe etc) are a little less.