Tiger Oz
Why do Australian pilots add their super to gross income?
A habit started at the Hammo a few years ago. By young, underpaid Virgin Blue drivers sexing up their wage to all within earshot.
A habit started at the Hammo a few years ago. By young, underpaid Virgin Blue drivers sexing up their wage to all within earshot.
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And if anyone wanted to compare the LCC's and leave any super out - fine.
Once again as long as we're comparing apples with apples.
It would be intersting, however, to confirm the basis for the super contribution from each of the LCC's.
Gnads- all the above does not change the fact that you are indeed correct about those who "sexed up" their salaries.
Once again as long as we're comparing apples with apples.
It would be intersting, however, to confirm the basis for the super contribution from each of the LCC's.
Gnads- all the above does not change the fact that you are indeed correct about those who "sexed up" their salaries.
Nunc est bibendum
galdian, dress it up any way you like, $170K for 800 hours isn't a great deal. Another $7200 for 900 hours isn't any better. An extra $3600 on top of that for 950 hours still doesn't make it any more appealling. I've spoken to a number of our Qantas 737 guys who regularly fly in excess of 900 hours (on the dispensation) and they talk about the lack of time at home (unless right at the top of the seniority pile that month and getting the PER returns) and the long, long days.
Personally I'd prefer to work the 800 and have a life outside of the job.....it also means more commands and more crew.
Personally I'd prefer to work the 800 and have a life outside of the job.....it also means more commands and more crew.
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Well the Tiger boys had their Christmas party at the Tulla Airport club the other night. They certainly can drink like a decent bunch of blokes!
Plenty of chat there about all sorts of problems that any start up would normally (and abnormally) face however, all seem very happy to be part of something that will be very big indeed.
The other chat was from the money men about the future.
There is no doubt that despite the smear campaign from QF (and most of all those puerile ex-AN chaps at JQ) achieving the AOC on time and under budget (the most professional proving flight CASA has ever seen) has given the Tiger management team the nod of approval from SIA and CASA.
The four bases will be MEL, OOL, DRW and PER. There is already 50 brand new 320s allocated to Oz and as many 330/ 350s as is needed to cover domestic and International link ups as required.
On the pay side, average pay (excluding 9% super paid on gross) based on 850hrs is $190K for Capt and $130K for F/O. There is 30K/ 20K bonus for 3yr completion. They have it in writing that increases will occur once the ramp up begins.
Bottom line was that there is no shortage of money from SIA, and the bigger picture is that SIA is very happy to at last have its big foot in the Aussie door.
All sounds reasonable to me and happy for the boys to be back home.
Plenty of chat there about all sorts of problems that any start up would normally (and abnormally) face however, all seem very happy to be part of something that will be very big indeed.
The other chat was from the money men about the future.
There is no doubt that despite the smear campaign from QF (and most of all those puerile ex-AN chaps at JQ) achieving the AOC on time and under budget (the most professional proving flight CASA has ever seen) has given the Tiger management team the nod of approval from SIA and CASA.
The four bases will be MEL, OOL, DRW and PER. There is already 50 brand new 320s allocated to Oz and as many 330/ 350s as is needed to cover domestic and International link ups as required.
On the pay side, average pay (excluding 9% super paid on gross) based on 850hrs is $190K for Capt and $130K for F/O. There is 30K/ 20K bonus for 3yr completion. They have it in writing that increases will occur once the ramp up begins.
Bottom line was that there is no shortage of money from SIA, and the bigger picture is that SIA is very happy to at last have its big foot in the Aussie door.
All sounds reasonable to me and happy for the boys to be back home.
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UNOME - hope what you are reporting is true, certainly it is a whole lot more optimistic than the recent info I recieved.
No pay increases unless the market requires it (more applications from ex pats than they can poke a stick at)
No widebodies.
I believe that SQ are looking at the big picture here, and it is not much different to the one that Air NZ stole from Swanston street back in 2001, except this time the corrupt Koru and Helingrad will not have anything to do with it.
No pay increases unless the market requires it (more applications from ex pats than they can poke a stick at)
No widebodies.
I believe that SQ are looking at the big picture here, and it is not much different to the one that Air NZ stole from Swanston street back in 2001, except this time the corrupt Koru and Helingrad will not have anything to do with it.
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Why do Australian pilots add their super to gross income?
Also I think you will find banks will now include super as savings when they asses you for a loan because in the worst case scenario they will be able to get that from you if you should go bankrupt.
Fair enough.
So seven years ago. My base salary, plus overtime, plus factored DTA allowances with respect to their tax free nature and last but not least, superannuation. I was on near 160K a year as an FO in Oz.
Considering inflation, the cost of a house in the CBD and stockmarket appreciation in the last seven years. My wage translated in todays dollars would be 220K a year- for an FO!
My, my.........
So seven years ago. My base salary, plus overtime, plus factored DTA allowances with respect to their tax free nature and last but not least, superannuation. I was on near 160K a year as an FO in Oz.
Considering inflation, the cost of a house in the CBD and stockmarket appreciation in the last seven years. My wage translated in todays dollars would be 220K a year- for an FO!
My, my.........
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Keg - please don't misunderstand me, someone asked what the rates for Tiger are and I responded; seems unome has different figures so who's correct?? Got me stuffed. I am certainly not saying that LCC T&C's are adequate.
I would still like someone who gives a sh*t to do some comparison on LCC pays for X hours as that is where the majority (not sole, but majority) of the growth seems to be hence that is where the majority of jobs will appear for those so interested.
I agree - the money Vs hours Vs lifestyle equation has changed for the worse, there used to be two airlines in Australia that had a pretty good mix and now there's only one.
Will LCC management ever allow (or be forced to by the market) substantial improvements in T&C's??
I would suggest an answer along the lines of "only when hell freezes over", but maybe that's just me.
I am simply an interested observer of what is happening in the real world.
I would still like someone who gives a sh*t to do some comparison on LCC pays for X hours as that is where the majority (not sole, but majority) of the growth seems to be hence that is where the majority of jobs will appear for those so interested.
I agree - the money Vs hours Vs lifestyle equation has changed for the worse, there used to be two airlines in Australia that had a pretty good mix and now there's only one.
Will LCC management ever allow (or be forced to by the market) substantial improvements in T&C's??
I would suggest an answer along the lines of "only when hell freezes over", but maybe that's just me.
I am simply an interested observer of what is happening in the real world.
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So take 20,000 for factored DTA ( I love factored DTA it is the old I spent all my DTA at the bar and dinner but it was really worth $200 to me as I factored it so there must be another $100 here somewhere) and 13,000 for Super from 160,000 gives you a wage of 127,000 roughly. Factored for inflation (as no one factors for house prices for god's sake) at less than 3% a year for 7 years on your base salary which would have been around 95,000 for 660 hours flying means that your base wage would now be 116,000 + overtime if there was any and oh you would still be an FO. Sounds wonderful.
You will find that governement organisations mostly advertise in package amounts as that is how it is approved internally.
You will find that governement organisations mostly advertise in package amounts as that is how it is approved internally.
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Would have thought that relying on SIA to provide the comfortable unbelly to the Tiger's woes was a bit overly optimistic - couldn't make up their mind to buy AN, paid too much for VS etc and TR claims they are not involved?
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UNOME wrote:
UNOME, is what you call the 'average pay' the base pay, or pay after all the add-ons (flight pay, allowances etc), excluding Super?
As an aside, I have never known a salary figure to include super, only the gross amount you will get paid, then the 9% super is on top .....
On the pay side, average pay (excluding 9% super paid on gross) based on 850hrs is $190K for Capt and $130K for F/O. There is 30K/ 20K bonus for 3yr completion. They have it in writing that increases will occur once the ramp up begins
As an aside, I have never known a salary figure to include super, only the gross amount you will get paid, then the 9% super is on top .....
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Average gross pay including everything, but excluding super.
TRUSTWORTHY
Big call to state that SIA couldn't make up their mind about Ansett.
You don't remember that "Trustworthy" NZ PM (in her 737) being blocked by angry ground staff in MEL??
The positive "what if's" (for AN folk at least) had SIA not been blocked by the colluding Howard and Clark are endless. I do believe however, that QF would have taken a huge hit.
What TR woes are you referring to? Do you mean the J* staff caught in the act of disrupting Tiger flights?
TRUSTWORTHY
Big call to state that SIA couldn't make up their mind about Ansett.
You don't remember that "Trustworthy" NZ PM (in her 737) being blocked by angry ground staff in MEL?? The positive "what if's" (for AN folk at least) had SIA not been blocked by the colluding Howard and Clark are endless. I do believe however, that QF would have taken a huge hit.
What TR woes are you referring to? Do you mean the J* staff caught in the act of disrupting Tiger flights?
Evertonian
What were they caught doing ? They were found in one of the engines with a hammer.
Where were they doing it ? OOL
and Who caught them ? Trevor, Brian & Monty.
What else do you need to know?
Where were they doing it ? OOL
and Who caught them ? Trevor, Brian & Monty.
What else do you need to know?
