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Old 1st Apr 2017, 05:28
  #596 (permalink)  
olderairhead
 
Join Date: Nov 1999
Location: Aus
Posts: 706
Just been given an interesting piece of information.

When the 2015 contract was forced upon the pilots there was no stabilising of the Kina to the AUD .

Back in 2015 the exchange rate was .4778, it is now .3998

This equates to a further 16% pay reduction on top of the 25% reduction that the contract gave.

So now with a 41% pay reduction and no stabilisation of the Kina or any pay increase in the new contract pilots will be tripping over each other to try and get a job with thus mob, especially knowing that after 2 years you can cash in up to 15 days accrued sick leave at 50% of daily salary and then pay 40% tax on that payment!

Oh Lagona, you've done it again!
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