CoS 21
 

:mad: . I’ve just had a quick read of CoS 21 for HKE, thought it was worth a new thread. Talk about race to the bottom.

Someone here a few weeks ago said their old mate at HKE was proud to be cheaper than us. :ugh:

It’s Bad.

Cpt. 3000+ hrs PIC. 57k basic + 22k allowance. Plus flight pay. That’s it !!!

When and if you fly 80hrs, it’s acceptable, ish. But during this time and when you go on leave for a couple of weeks, you get shafted.

I’ve got it on PDF but don’t know how to get that on here. Obviously worse than CoS 18

That sounds pretty unacceptable.
So nobody will sign it right? ....
Right?

I predict a 100% sign up rate.

What else you gonna do to put food on the table ?

For top captain at HKE flying 50 hours its 15K less than COS18 tier one Captain. At least on COS 18 you can move up to CPT 4 which gives you an extra 32K. So the difference between top Captain is 47K. And that's for 50 Hours. If you fly more the difference gets bigger and bigger. All one can really do is hang around, laugh about it and when the time comes move on !!!!

Don't forget the back end. From what I saw starting FO wage is 34K. How desperate are the Brazilians to stay in Hong Kong now?

Yeah - Its ridiculous !!! I can't see how people can stay in Hong Kong on that money !!!

​​​​​​
Its a great package if you're Venezuelan.

Oddball, that 34k is 20k Basic and 14k Allowance for the first bracket FO. First bracket CA looks to be 50k + 22k = 72k.

AdB29, was just pointing out the Mafia. The affect will be felt by all even the Suidlanders :ok:

Danny has produced an article. Comments left there seemingly spot on about the Management struggle of 6-12 month 15% pay reduction. Hard times when your weekend Junk allowance is lost.

Well, he should be even more proud. Idiot!

Do you get a yearly a shoe allowance of 500hkd as well? Just like to know so that the dog can have food for a month.. What a low life company. Sad indeed.

CoS21 at HKEX... that's the new target for Cathay pilots... 😞

HKD$72K = c. USD$9.5K = $115K p.a. At 17% tax rate, this will still be attractive to many, many pilots. Cost of living in HK is multi tiered. It’s not impossible to live on that salary.

OK, so it won’t get you a 3500 sq ft pad in Shouson Hill, nor the requisite Ferrari or 911 GT3 which were all formerly the de rigueur accoutrements of every self respecting A scaler (and more than a few upwardly mobile B’s).

But it’s still a living wage. And in an industry which is decimated everywhere that’s the very best anyone can hope for right now. Pointless getting wrapped around the axle over it.

Maybe the AoA could open up a food bank to help out the HKE co-pilots who will now be earning less than half of what Lucille would describe as a ‘living wage’. I hope none of those poor fookers have school age kids to feed.

Supply and demand

Lucille. To suggest that is a living wage is to confirm you have no idea of what an expat requires (particularly one with a family). I say an "expat" deliberately. If the airline wishes to go completely "local" then they may just get enough people desperate enough to accept that salary. Any expat with the thinnest ideas of actually supporting themselves and their families while living in HK would never be able to properly live on that salary. Fact.

Two words for you
 

Get out

Agree with mngmt, it is a package aimed at locals/ single expats,plus right now everybody else with no alternatives. I suppose they have the data to justify it, they know the demographics from that huge pile of applications on their desk. Safety is not a helpful argument, locals are just as safe operators as expats.