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-   -   CX Housing Allowance correction (https://www.pprune.org/fragrant-harbour/430779-cx-housing-allowance-correction.html)

skypine27 15th Oct 2010 20:54

CX Housing Allowance correction
 
I'm guessing this information found on APC (our version of PPRune) is very wrong!!

2 types of allowances: (a) the cash housing allowance which is $14,000, $18,000 or 24,000 HKD (dependent on position and years of service, or the mortgage allowance, which is variable/fixed, currently at $5,800/mo.

I Thought you guys got roughly 9200 USD for HKG housing!

If the info needs correcting, the site is:
http://www.airlinepilotcentral.com/a...y_pacific.html

And maybe post something in this thread so I don't look so stupid:

http://www.airlinepilotforums.com/ca...itfalls-6.html

Thanks!

freightdog188 16th Oct 2010 11:18

awww, that's sweet ... now we can expect a lot of public support when we do get some sort of industrial action on the way...
I can read the SCMP headline already: greedy overpaid pilots, whose housing allowance alone amounts to XYZ p.a. want even more money...

thanks for putting all these numbers in the public domain ...
:ugh:

Saltaire 16th Oct 2010 11:45

Have to agree....very little sympathy with getting your mortgage paid for with an 8k USD/month payment ! that's a laugh. Not to mention the rental rates. Very little sympathy...small tax or not.

I suggest you keep likely the best expat terms on the planet pretty quiet.

SMOC 16th Oct 2010 12:13

It's all pointless now seeing hiring is via the cadet scheme where housing is $0.

fire wall 16th Oct 2010 13:31

Siber whatever your name is,
you have just shot your mates in the foot
well done son
big mouth = little brain
.

711 16th Oct 2010 16:40

Silberfuchs, are you out of your f@cking mind???

bobrun 16th Oct 2010 17:06

Just for the record, about 40% of cockpit crew do NOT receive any housing allowance.

crwjerk 16th Oct 2010 17:30

I agree.... Delete it you tosser!

cxorcist 16th Oct 2010 18:38

you can't teach common sense... :ugh:

Flap10 16th Oct 2010 19:09

You guys are a complete embarrassment! Who gives a sh!t about what the public thinks. Since when are we fighting a political war?? You either have a valid argument for a pay rise or you don't!!! Trying to hide actuall numbers to make it look like you're far worse off is disgraceful!!! Firstly, don't you think Cathay will make those figures public when the **** hits the fan?? Secondly, like it or not it is public knowledge! Do you make your real estate agent sign a code of secrecy when you deal with him/her?? NO! Did Cathay make potential candidates sign a code of secrecy when they were here on interviews and were inquiring about the package?? NO! So get over yourselves, if Simon wants to get the figures all he has to do is contact management, there is no need to hunt for that information on PPrune. Absolutely right, you can't teach common sense :ok:

Bob Hawke 16th Oct 2010 20:34

Put it into perspective please!
 
Hang on everyone! Put it into perspective, other professionals have their housing paid for and even more than CX pilots. Rental subsidy for some of these other professionals can almost double our housing. Have you ever wondered what some of our Senior Managers get?

The reality is that the housing is less than the full rental, so there is a lose, in regards to the total amount compared to rental, so why get worked up about it.

IT IS NOT PART OF SALARY. It is separate! It is paid for compensating the clearly excessive rents that landlords demand for their homes/apartments in Hong Kong. It is appropriate if you choose or are told to live in Hong Kong.

When you start to think in local terms, instead of expatriate, you are beginning to allow that thinking to permeate into not being able to distinguishing apples from oranges. So what if the public know.

Housing for expatriates is a DIFFERENT issue, especially if you qualify as a so called professional - but then again, maybe you accept the rhetoric that perhaps you're not - something to think about!

MidgetBoy 16th Oct 2010 23:53

I'm confused.
What's wrong with receiving $50k+ USD per year extra to pay for your mortgage?
That's like paying off a place while keeping your income on top of that. I can't see how you can go wrong with that unless you're not receiving any...

411A 17th Oct 2010 03:40


JFO and above.......
HK$24,000/mth

These are known as "base rates"...this is the amount you can take as cash in lieu of rental allowance, if you choose.

RENTING

As an SO, if you want to Rent, CX will pay HK$29,500 per month (US$3800)

FO:
Year 1-7 HK$59,000/mth (US$7600)
Year 8+ HK$75,900/mth (US$9800)

Capt:
HK$92,700/mth (US$11,900)

BUYING:

If you choose to buy a property in HK then CX will pay your mortgage at:
HK$59,000 - $63,000/mth (US$7600 - US$8100)

Apart from the "base rates" all other housing benefits are linked to the HK Government Rental Index, so they do change monthly.
Wonder how long it will take the folks at the SCMP to read this...here?:E

LongTimeInCX 17th Oct 2010 09:06

411A, you really have a talent!:ugh:

Just because one idiot had a brain fart and publicised the info previously, you don't have to do the same just to prove you don't agree with it or that you think the amounts are too large. Living there, I know the amounts are not excessive and do not even come close to the figures other expats in HK are given. The actual $dollars$ figure means little, it is the size of the shoebox that is more important.

I know you enjoy being provocative, that's half the fun of reading your posts, but really does this one contribute anything positive?

Please make sure you don't trip over your zimmer frame on the way back to your retirement home, and if you are not booked into one yet, perhaps it's approaching that time.

So how about a rethink, and consider the edit/delete option? pulease?

N1 Vibes 17th Oct 2010 09:43

As if the SCMP or any other quality journalistic organ in HKG hasn't previously sent a reporter over to the (G)Aviator and earwigged some rather loud alcohol fuelled conversations...

And the staff in the HKG banks where you go to get your mortgages, of course they keep their lips tightly sealed...

And the property agents that arranged your lease...

And your other half chatting at a coffee morning in Sai Kung/The Experiment....


There are no secrets in HKG, so deal with it. What a bunch of turkeys you really are!

Best Regards,

N1 Vibes

Aussie 17th Oct 2010 18:58

Everyone has brain farts... but 411A, you honestly are a TOOL :ugh:

411A 18th Oct 2010 06:55


...but 411A, you honestly are a TOOL
Can hardly wait for the 'industrial action' to start, then I can dust off some 49er comments....:}

badairsucker 18th Oct 2010 07:09

here is a comment for you 411A


"GO AND GET A LIFE YOU SAD LITTLE MAN"

sedna 18th Oct 2010 08:23

what is the terms and conditions for getting a housing allowance? if i would to join cx now ( i have flown the a330 and am holding a b772 rating) as an F/O,, will i be getting the allowance? needs some info here... thanks

DMN 18th Oct 2010 08:54

Get in line man, even when they do start hiring again I think we can forget about the housing allowance. For me that makes Cathay NOT worth it. Even if time to command is very very long, having a few apartments paid off by Cathay would financially be worth it even as a 15 year first officer. But, stalled career progression, no housing= 0 attraction for me. I've been in the DESO pool since 2008. One thing that is still fairly nice (better then EK, EY) is CX pilot schedule, although that can also change overnight. I too fly heavies but would have taken the back seat, ONLY with the housing allowance.


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