Exactly, that's the truth and anyone interested in SmartLynx should be extra careful. From what I've heard, the salary is 100 per day + 50 euros, so circa 3000eur gross, if you're working full time. This is assuming that SmartLynx has enough demand from other airlines.
Another thing to consider (I'm not saying it's a good thing) is the reputation of the school. If you wish to move back to Europe, I'm pretty sure that many respectable airlines will look down on eastern european schools and would choose someone from CTC over someone from BAA all other things considered equal.