Bjets
Guest
Posts: n/a
Captains US$90,000 plus about $18,000pa in per diems. BUPA, pension, housing allowance if based in country or hotels when on duty. Live in Hyderabad or Singapore and work 6/5-6/4 or be based at home and work 35/31.
FO's basic $55,000 plus the above.
FO's basic $55,000 plus the above.
Join Date: Oct 1999
Location: England and France
Posts: 47
Likes: 0
Received 0 Likes
on
0 Posts
Hello Flintstone,
Are you sure on the salaries?
They are really, really poor.
$90k is €61k at today's exchange rate.
NetJets Europe Basic is €95k.
That's over 50% more money and the pilot doesn't have to emigrate or spend a month away from family.
Am I missing something?
This just looks like a really bad deal for all but the most desperate.
GA
Are you sure on the salaries?
They are really, really poor.
$90k is €61k at today's exchange rate.
NetJets Europe Basic is €95k.
That's over 50% more money and the pilot doesn't have to emigrate or spend a month away from family.
Am I missing something?
This just looks like a really bad deal for all but the most desperate.
GA
Guest
Posts: n/a
Am I sure?
Checks socks
Checks pockets
Looks under table
Yeah, I think so. Of course if you want to bring the money back to Europe the exchange rate isn't kind. If you're US, Australia or elsewhere it's the going rate.
I believe the income tax rate in Singapore is 3% too.
Freelance on month off is allowed.
Low hour requirements mean that someone looking for their first jet job can apply to BJets with less time than Netjets Europe and they hire direct entry captains.
Horses for courses. I'd rather be in Singapore in a non-apu aircraft than northern Europe.
Checks socks
Checks pockets
Looks under table
Yeah, I think so. Of course if you want to bring the money back to Europe the exchange rate isn't kind. If you're US, Australia or elsewhere it's the going rate.
I believe the income tax rate in Singapore is 3% too.
Freelance on month off is allowed.
Low hour requirements mean that someone looking for their first jet job can apply to BJets with less time than Netjets Europe and they hire direct entry captains.
Horses for courses. I'd rather be in Singapore in a non-apu aircraft than northern Europe.
Join Date: Sep 2003
Location: The Land Beneath the Wind
Posts: 34
Likes: 0
Received 0 Likes
on
0 Posts
Sounds good.
Caught a special on CNBC about the Singapore Air Show. Looks like the TATA group of India is main backers and they just ordered 20 CJ2s. Regionally the pay looks good. However I think the income tax is around 18% in Singapore. Like I say regionally the pay seems good but living in Singapore is expensive. RH seat pay with family will be harder.
Nevertheless this would be good opening for pilots in the region not intending to go main.
Nevertheless this would be good opening for pilots in the region not intending to go main.
Guest
Posts: n/a
I'm told 3% is the going rate if you are a separate entity ie, 'Flintstone Aviation'. As always I'd buy professional advice on this.
The UK tax man and I were on familiar terms a few years ago because of something my (then) employer did. Learned that lesson well.
The UK tax man and I were on familiar terms a few years ago because of something my (then) employer did. Learned that lesson well.
Join Date: Sep 2003
Location: The Land Beneath the Wind
Posts: 34
Likes: 0
Received 0 Likes
on
0 Posts
Tax rate
More exact figures can be found here
http://www.mof.gov.sg/taxation/indiv...tax_rates.html
Looks like first 80k is at 14%. Very good if compared to the west but then again it's tax fee at the sand pit.
http://www.mof.gov.sg/taxation/indiv...tax_rates.html
Looks like first 80k is at 14%. Very good if compared to the west but then again it's tax fee at the sand pit.
Join Date: Dec 2006
Location: US
Posts: 285
Likes: 0
Received 0 Likes
on
0 Posts
We were not informed whether the salary was gross or net, which is wrong. Some clarification should be fore coming if they are a company of integrity.
Any Indian based pilots should be aware that you will be liable to 34% tax. If you are working out of India. Commuting or living there you are liable for the full, flat rate of tax. Don't be taken in with the old chestnut of being paid from outside India to outside India, you are exempt. If the company says they will pay your tax, get the receipts.
Remove those rose tinted glasses and be sure not to be taken in.
Any Indian based pilots should be aware that you will be liable to 34% tax. If you are working out of India. Commuting or living there you are liable for the full, flat rate of tax. Don't be taken in with the old chestnut of being paid from outside India to outside India, you are exempt. If the company says they will pay your tax, get the receipts.
Remove those rose tinted glasses and be sure not to be taken in.
Join Date: Nov 2007
Location: UK
Posts: 332
Likes: 0
Received 0 Likes
on
0 Posts
Weido Salt
You appear to be correct. However let me share an additional perspective with you.
For the Singaporean/Indian govt to tax you you have to be a registered employee in that country . It appears that BJETS offer a generous 35/31 roster which gives a fair degree of flexibility.
You will also note that they are paying salaries in US$ and that being paid from a third country into an offshore account is almost impossible to track and currently no reciprocal agreements to tax at source exist (Nightmare on Logistics St) One half of the JV is also the Singaporean based Briley group and BJETS will want to reduce the social cost when it comes to new employees.
Not sure whether the DGCA requires local license issue or whether you can fly on your JAR/ICAO ATPL alone. Anyone care to clarify that if its not already been done??
Even so, with average middle manager salaries being approx $250pcm and the govt heavily subsidising fuel then the cost of living in India is minute. If you are taxed then your relative disposal income will still be huge compared to that of the locals and you can live like a king (or queen depending on your sex and taste).
If you get offered a job by BJETS sit down with them and clarify exactly how you will be paid. Given that it’s a start up there may be some flexibility so just be sure of what you want and how you want to get it.
You appear to be correct. However let me share an additional perspective with you.
For the Singaporean/Indian govt to tax you you have to be a registered employee in that country . It appears that BJETS offer a generous 35/31 roster which gives a fair degree of flexibility.
You will also note that they are paying salaries in US$ and that being paid from a third country into an offshore account is almost impossible to track and currently no reciprocal agreements to tax at source exist (Nightmare on Logistics St) One half of the JV is also the Singaporean based Briley group and BJETS will want to reduce the social cost when it comes to new employees.
Not sure whether the DGCA requires local license issue or whether you can fly on your JAR/ICAO ATPL alone. Anyone care to clarify that if its not already been done??
Even so, with average middle manager salaries being approx $250pcm and the govt heavily subsidising fuel then the cost of living in India is minute. If you are taxed then your relative disposal income will still be huge compared to that of the locals and you can live like a king (or queen depending on your sex and taste).
If you get offered a job by BJETS sit down with them and clarify exactly how you will be paid. Given that it’s a start up there may be some flexibility so just be sure of what you want and how you want to get it.
Join Date: Dec 2006
Location: US
Posts: 285
Likes: 0
Received 0 Likes
on
0 Posts
Let me try and answer some of your questions.
Before a non Indian can crew an a/c within India, they will need to be security checked. This can take anything up to 3 months, some never get it.
In the meantime the DGCA will interview the candidate. If successful a 3 month validation will be issued, provided you are security cleared. Within the 3 months a law examination will have to be sat and passed. The CAR's are on the DGCA website. Oh, almost forgot, a work permit is needed. This is issued at the Indian embassy of residence. Among the documents the issuing officer needs to see is a copy of the employment contract. He/she will send this copy to the tax authorities in India. Check into a hotel in India as crew, the first thing they do is photocopy your passport and your work visa. The beuacracy is something to behold.
The authorities have clamped down in the recent past, so I cant see anyone avoiding Tax in India unless the employer pays it. Like all tax, the employee will be held responsible for tax not paid. Not trying to scare monger just trying to give a heads up, to the uninitiated, as I don't want to see follow aviators "get hurt".
Before a non Indian can crew an a/c within India, they will need to be security checked. This can take anything up to 3 months, some never get it.
In the meantime the DGCA will interview the candidate. If successful a 3 month validation will be issued, provided you are security cleared. Within the 3 months a law examination will have to be sat and passed. The CAR's are on the DGCA website. Oh, almost forgot, a work permit is needed. This is issued at the Indian embassy of residence. Among the documents the issuing officer needs to see is a copy of the employment contract. He/she will send this copy to the tax authorities in India. Check into a hotel in India as crew, the first thing they do is photocopy your passport and your work visa. The beuacracy is something to behold.
The authorities have clamped down in the recent past, so I cant see anyone avoiding Tax in India unless the employer pays it. Like all tax, the employee will be held responsible for tax not paid. Not trying to scare monger just trying to give a heads up, to the uninitiated, as I don't want to see follow aviators "get hurt".
Join Date: Jun 2005
Location: London
Posts: 4
Likes: 0
Received 0 Likes
on
0 Posts
Anyone out there been through the selection for Bjets?
If so, what kind of timescale are you looking at for notification of passing/failing?
If passed how long before they make you an offer?
Any ideas?
If so, what kind of timescale are you looking at for notification of passing/failing?
If passed how long before they make you an offer?
Any ideas?
Join Date: Mar 2008
Location: Calgary
Age: 43
Posts: 18
Likes: 0
Received 0 Likes
on
0 Posts
I have been given a start date of 4 weeks, for the CJ 2, but the flights arent booked yet, so you never know!! I have 200 hours on type, and the current type rating! The minimum qualifications are 100 hours on type for FO. I'm not sure about captain. As far as I know, it's a 2 year bond if you don't have a type rating, and 1 year if you need a recurrent? Don't quote me on that though, that's just what I heard!
Last edited by smackid; 19th Mar 2008 at 04:20.
Join Date: Mar 2008
Location: Calgary
Age: 43
Posts: 18
Likes: 0
Received 0 Likes
on
0 Posts
I did my intervew over the phone in Novemeber, and I was told about a week later! However, I was told that I'd be ferrying the plane there in January, and it just got there a week ago! I won't be going for another four weeks because they plane is getting certified for RVSM
Join Date: Feb 2008
Location: UK
Posts: 92
Likes: 0
Received 0 Likes
on
0 Posts
A little additional info.from the ground
There have been some comments with regard to some of the similarities of BJETS to NetJets! it shouldn't be a surprise as the CEO of BJETS is the ex Sales Director for NJ in London, so it shouldn't be a surprise to see some significant similarities across the board. Hope this helps...
Join Date: Nov 2007
Location: UK
Posts: 332
Likes: 0
Received 0 Likes
on
0 Posts
Fires under the a5se
All quiet on the western front or should I say the calm before the storm?
Has anybody got any ideas about the deal Bjets is cutting with Hangar8?
Seems they might be training Indian pilots and shipping them out with a few 100 hours at the expense of UK FOs?
Don't get too comfy.
Has anybody got any ideas about the deal Bjets is cutting with Hangar8?
Seems they might be training Indian pilots and shipping them out with a few 100 hours at the expense of UK FOs?
Don't get too comfy.