It should be noted that the flying pay is now included in the basic and appears on the left of the payslip.
So new joiner basic is £62445 for mortgage purposes etc...
Time Away From Base Allowance.. £3.39 an hour, is 80% tax free. I.e. If you get £1000 of TAFB in a month, £800 is tax free, £200 will be taxed at your marginal rate, 40%. So you'll lose £80 out of that £1000 in tax. This is extremely good and up's your net pay a great deal, especially on long haul.
We also get £5 tax free per night stop within the UK and £10 outside the UK.
We have a world class system called emaestro we can use for swapping, picking up overtime etc... We can do all this without contacting BA in any way. It's fantastic.
Your total package as a new joiner will end up over £70k, with some overtime, even more. It really isn't bad. Look at the world we are living in... Walking into £70k jobs doesn't happen easily. Also, with TAFB being 80% tax free... In net terms, the slary would work out more like 80k.
BA is still great to work for. Yes we work hard, but for £80k, in the real world, you'd be working much harder.
Furthermore... Incremental guaranteed pay rises are almost unheard of these days. If you go into training, your pay will increase by nearly 18%. Training standards, much more. So we do have pilots earning more than 200k. Fancy not paying any tax? Fine... Go on long haul and move out of the UK... hundreds of pilots in BA do this and pay little or nothing in tax. This makes them seriously wealthy. £20k per month net etc...
No other UK airline has opportunities like this...