I think anyone new to the company will be on a PPY50 contract. For at least five years.
I am sure TOM's hiring board knows best what the real deal is but, according to PPJN, if you sign up as NTR FO (still called a SO?) you get:
SO Base 46411 but all new SO & FO are forced part time for 5 years at 81.3% of pay meaning actual is 37732 not 46411 All new Pilots have to pay 7000 out of salary for first year (3 years for non rated) towards training fees - even if they have the rating already. So above 37732 becomes 30732 after 7000 deduction & salary reduced to 81.3% for forced part time.
Now, that's for a 81.3%! What if it's a PPY50?
50% of 46411 is...ouch...23200-ish/year GROSS and that's before the 7k/year deduction for 3 years. Have I got this right or not? How much on top of that can one expect in terms of sector-pay?
The airline per se seems a great environment but based in LGW with that price-tag...
PZ
