JetStar NZ
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JetStar NZ
If you are working your numbers for the advertised positions based on the base salary plus the retention bonus, you will need to think again.
I have just received an e-mail from Rishworth that has the following in it -
The table mentioned doesn't copy straight into here, so I have reproduced it in the following format -
Captain -
Year 1. Bonus $20,000. 100% guaranteed component & 0% variable component.
Year 2. Bonus $20,000. 75% guaranteed component & 25% variable component.
Year 3. Bonus $10,000. 50% guaranteed component & 50% variable component.
First Officer -
Year 1. Bonus $10,000. 100% guaranteed component & 0% variable component.
Year 2. Bonus $10,000. 75% guaranteed component & 25% variable component.
Year 3. Bonus $10,000. 50% guaranteed component & 50% variable component.
The table doesn't go beyond 3 years, so who knows if that means the retention bonus stops after 3 years or if it continues on at the 3rd year rate.
So it is basically $130,000 for captains & $65,000 for F/O's
I have just received an e-mail from Rishworth that has the following in it -
The retention bonus is a discretionary bonus made to pilots in accordance with company policy as varied from time to time. There is a Guaranteed and Variable component as specified in the table below. The Variable component will be at the sole discretion of the Company and may be influenced by factors outside the control of the pilot. This will be paid the next pay period on or after your anniversary date.
Captain -
Year 1. Bonus $20,000. 100% guaranteed component & 0% variable component.
Year 2. Bonus $20,000. 75% guaranteed component & 25% variable component.
Year 3. Bonus $10,000. 50% guaranteed component & 50% variable component.
First Officer -
Year 1. Bonus $10,000. 100% guaranteed component & 0% variable component.
Year 2. Bonus $10,000. 75% guaranteed component & 25% variable component.
Year 3. Bonus $10,000. 50% guaranteed component & 50% variable component.
The table doesn't go beyond 3 years, so who knows if that means the retention bonus stops after 3 years or if it continues on at the 3rd year rate.
So it is basically $130,000 for captains & $65,000 for F/O's
Last edited by Oakape; 19th Jul 2011 at 05:29.
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Gone are the days of Employers being reputable and solid citizens!
There are jars of Vas around every corner now in this industry, which only serves to have an aggressive and detracted set of employees "working for you" (I use that last term loosely.).
There are jars of Vas around every corner now in this industry, which only serves to have an aggressive and detracted set of employees "working for you" (I use that last term loosely.).
which only serves to have an aggressive and detracted set of employees "working for you" (I use that last term loosely.).
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That's a real laugh. The first airline with a new approach to pay scales. If this is right then it's the first pay scale that I have seen that actually reduces guaranteed pay with increased time in the company. Sort of like a backwards seniority list.
Of course..... As JQ is the airline that everyone loves to hate..... Carry on knocking..
You do the math?
$8500NZ net huh? You've been hood winked if you think thats a good deal.
I drive the same planes on the 'Western Island' and in the last 12 mths have net approx $13000 AUD a month. Super on top, and more days off.
All the best to you buddy.
I drive the same planes on the 'Western Island' and in the last 12 mths have net approx $13000 AUD a month. Super on top, and more days off.
All the best to you buddy.
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Halfpast3bus,
Your figure are grossly incorrect. I've been in the company for 4 years & as a new Captain on the 777 I net approx. 19000NZD/month. I have my own accommodation. Also, I recently had the pleasure of getting 12 weeks bonus which was approx. 36000NZD. All this & no tax. I think your deluding yourself. Yes I work hard but 2 x ULR flights & a Geneva gives me 16 days off.
Your figure are grossly incorrect. I've been in the company for 4 years & as a new Captain on the 777 I net approx. 19000NZD/month. I have my own accommodation. Also, I recently had the pleasure of getting 12 weeks bonus which was approx. 36000NZD. All this & no tax. I think your deluding yourself. Yes I work hard but 2 x ULR flights & a Geneva gives me 16 days off.
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As a new Captain my base salary is 12600NZD/month. Obviously this doesnt include:
Flight Pay,
Utilities Allowance,
Annual Bonus,
Medical & Dental Insurance,
Chauffeur pick up & drop off to airport,
Exchange Rate Protection,
Telephone Allowance,
Superannuation, &
1 x return ticket (anually) confirmed Business (upgradeable to First) anywhere on the EK network for myself & family.
Also, unlimited ID90 First class tickets for myself & my family.
I think you'd better add tax into the equation as well. i.e. For me to earn my 19000NZD, I would have to gross about 26000NZD? Whats the going tax rate in NZ?
Flight Pay,
Utilities Allowance,
Annual Bonus,
Medical & Dental Insurance,
Chauffeur pick up & drop off to airport,
Exchange Rate Protection,
Telephone Allowance,
Superannuation, &
1 x return ticket (anually) confirmed Business (upgradeable to First) anywhere on the EK network for myself & family.
Also, unlimited ID90 First class tickets for myself & my family.
I think you'd better add tax into the equation as well. i.e. For me to earn my 19000NZD, I would have to gross about 26000NZD? Whats the going tax rate in NZ?
Last edited by Bypass ratio; 23rd Jul 2011 at 14:18.
I think you're getting paid very well in OZ, congrats. I'd love to get paid that in NZ. Don't think 4 Mil pax will support it for long
I'd love to get paid that in NZ. Don't think 4 Mil pax will support it for long
This has got to be the only job in Aus/NZ where wages have not only NOT kept up with inflation, but gone backwards 50% + in the last 10 years.
Amazing!
Join Date: Jun 2006
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Well actually I have a Villa in which my mortgage is being paid off by EK. Secondly, how much gross do I have to earn in NZ to get 19000NZD net?
I can tell you that life in Dubai is not that bad. Especially if the wife likes it.
Superannuation: 4 years in EK & its worth 94000NZD
I can tell you that life in Dubai is not that bad. Especially if the wife likes it.
Superannuation: 4 years in EK & its worth 94000NZD
The happiest pilot isn't the one earning the most money. halfpast3bus you sound like you have worked out what's important to you in life.
Driving the new Audi doesnt make you happier than the other guy in the new Calais....
A 1.5 m home isn't any better than 1 m home...
I couldn't work in Dubai, no matter what I was paid. Like wise I couldn't live in China. If I had to stay in OZ and earn less money that would make be VERY happy.
Driving the new Audi doesnt make you happier than the other guy in the new Calais....
A 1.5 m home isn't any better than 1 m home...
I couldn't work in Dubai, no matter what I was paid. Like wise I couldn't live in China. If I had to stay in OZ and earn less money that would make be VERY happy.
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Yes your right. I just wanted to clear up the "pay myth". Dubai isn't for everyone & I'm the first to admit it. I enjoy it but I'm spoilt with the following layovers:
Auckland,
Amsterdam,
Birmingham,
Bangkok,
Brisbane,
Guangzhou,
Paris,
Jakarta,
Colombo,
Capetown,
Dhaka,
Moscow,
Dusseldorf,
Entebbe,
Rome,
Frankfurt,
Glasgow,
Sao Paulo,
Geneva,
Hamburg,
Hong Kong,
Houston,
New York,
Johannesburg,
Osaka,
Kuala Lumpur,
Luanda,
Los Angeles,
London(Gatwick)
London(Heathrow),
Lagos,
Manchester,
Melbourne,
Manila,
Mauritius,
Munich,
Nairobi,
Tokyo(Narita)
Perth,
Shanghai,
San Francisco,
Singapore,
Sydney,
Vienna &
Zurich
And that is just on Boeing & doesn't include freighter flying if I wanna do it.
Now where does a 36 year old B777 Captain get to stroke his ego with that?
Auckland,
Amsterdam,
Birmingham,
Bangkok,
Brisbane,
Guangzhou,
Paris,
Jakarta,
Colombo,
Capetown,
Dhaka,
Moscow,
Dusseldorf,
Entebbe,
Rome,
Frankfurt,
Glasgow,
Sao Paulo,
Geneva,
Hamburg,
Hong Kong,
Houston,
New York,
Johannesburg,
Osaka,
Kuala Lumpur,
Luanda,
Los Angeles,
London(Gatwick)
London(Heathrow),
Lagos,
Manchester,
Melbourne,
Manila,
Mauritius,
Munich,
Nairobi,
Tokyo(Narita)
Perth,
Shanghai,
San Francisco,
Singapore,
Sydney,
Vienna &
Zurich
And that is just on Boeing & doesn't include freighter flying if I wanna do it.
Now where does a 36 year old B777 Captain get to stroke his ego with that?
Last edited by Bypass ratio; 23rd Jul 2011 at 16:03.
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Re JQ NZ contract. I think many people are not giving this quote direct from the contract enough weight:
'A person will not be appointed unless Jetstar is satisfied that the person’s employment with Jetstar will at all times be subject only to those industrial agreements which bind Jetstar at the time it considers the person’s application.'
'The JQ NZ contract could, and should be a lot better. On the other hand, I've seen a lot worse. Baby steps in the right direction I hope'
no baby steps mate this contract is all you have, atleast if they are so desperate get them to remove that clause.
why is this contract less than the australian one anyway? cost of living in nz similiar, sure wages lower but your not working for a nz company.
'A person will not be appointed unless Jetstar is satisfied that the person’s employment with Jetstar will at all times be subject only to those industrial agreements which bind Jetstar at the time it considers the person’s application.'
'The JQ NZ contract could, and should be a lot better. On the other hand, I've seen a lot worse. Baby steps in the right direction I hope'
no baby steps mate this contract is all you have, atleast if they are so desperate get them to remove that clause.
why is this contract less than the australian one anyway? cost of living in nz similiar, sure wages lower but your not working for a nz company.
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Figure out a dollar value for NOT having to live in the sandpit and factor that into your equations. For me, that figure would be high. For a young guy without a family, it pobably isn't an issue - wouldn't have been for me 20 years ago.
Take into account that anyone earning a fortune in Oz on a nice jet, has probably been extraordinarily fortunate during their career. Most of us aren't that lucky, for various reasons. It is highly unlikely that most people aspiring to a Jetstar job would ever be able to get to that position, so suggesting that they should hang out for such a job is somewhat ridiculous.
Bear in mind that if you want a Direct Entry command in Australasia, this is the only realistic opportunity, and will probably not be repeated for a long time.
As I said in the previous locked thread - if you think your career choices are only about money, you are sadly deluded.
Me, I like waking up in NZ, listening to the waves crash on the beach, and so on. But that's just me...
Well I'm very pleased for you, you must like hotel rooms. I have been to all of those places and, trust me, it isn't that easy to find a good time in places like Lagos or Luanda. After two or three visits, you've bought your souvenirs and they all tend to blend into one.
Me, I'm spoilt with being home in my own bed every night, and having to time and opportunity to play with my various motorised toys.
Take into account that anyone earning a fortune in Oz on a nice jet, has probably been extraordinarily fortunate during their career. Most of us aren't that lucky, for various reasons. It is highly unlikely that most people aspiring to a Jetstar job would ever be able to get to that position, so suggesting that they should hang out for such a job is somewhat ridiculous.
Bear in mind that if you want a Direct Entry command in Australasia, this is the only realistic opportunity, and will probably not be repeated for a long time.
As I said in the previous locked thread - if you think your career choices are only about money, you are sadly deluded.
Me, I like waking up in NZ, listening to the waves crash on the beach, and so on. But that's just me...
I'm spoilt with the following layovers:
Me, I'm spoilt with being home in my own bed every night, and having to time and opportunity to play with my various motorised toys.
remoak,
Your logic is no better than that of almost all the Jetstar Cadets though! It's a job, yeah sure the pay isn't what it should be, but I get straight onto a jet, I don't have to live in some ****ty outback town, I'm working my way up the food chain, Qantas hasn't hired for years so there isn't much point holding out for that.
I can see your point of view remoak, but it is no better than the guys who are Jetstar Cadets and jumping on that sub-par contract, as long as you are okay with them, then at least you apply the same standards to everyone.
Your logic is no better than that of almost all the Jetstar Cadets though! It's a job, yeah sure the pay isn't what it should be, but I get straight onto a jet, I don't have to live in some ****ty outback town, I'm working my way up the food chain, Qantas hasn't hired for years so there isn't much point holding out for that.
I can see your point of view remoak, but it is no better than the guys who are Jetstar Cadets and jumping on that sub-par contract, as long as you are okay with them, then at least you apply the same standards to everyone.