EK pay
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Join Date: Sep 2003
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EK pay
I think the following speak for themselves:
FOs pay pa
CAN dollars 71500
AUS dollars 69100
UK pounds 28600
CAPT
CAN dollars 100700
AUS dollars 97200
UK pounds 40300
200 or so more pilots and EK will have all the Captains it needs for a proposed pilot force of 2200. Very few retirements due over the next 10 to 15 years, and a lot of young Captains, so it could be a long long time on 28000 quid a year.
Good luck
FOs pay pa
CAN dollars 71500
AUS dollars 69100
UK pounds 28600
CAPT
CAN dollars 100700
AUS dollars 97200
UK pounds 40300
200 or so more pilots and EK will have all the Captains it needs for a proposed pilot force of 2200. Very few retirements due over the next 10 to 15 years, and a lot of young Captains, so it could be a long long time on 28000 quid a year.
Good luck
Join Date: Mar 2001
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They always say that past performance is not an indication of what will happen in the future. Without getting emotive, I thought I'd publish the recognised facts.
In 1992 an EK First Officer made 15500 AED
In 2004 an EK First Officer makes 16760 AED
The UAE Goverment shows the inflation rate on its Ministry of Planning website.
http://www.uae.gov.ae/mop/group/st_group28/ch_09.htm
From 1990 -2000 the General Retail Price Inflation was: 44.9%
From 1990-2002 it was 51.2% (2002 figure corrected to 1990 base)
This means that to have the same buying power as in 1992, even assuming that the allowance package had not decayed, a new First Officer would be required to earn: 23,405AED
As Allru says the statistics speak for themselves. Not a pretty picture, the pay has dropped in real terms, so that a new Captain now earns less than a First Officer in 1992. It must make it mighty difficult to plan for retirement. At the current rate of price inflation coupled to the current rate of salary inflation, by 2012 a new Captain will earn in real terms half of a 1992 First Officers salary.
In 1992 an EK First Officer made 15500 AED
In 2004 an EK First Officer makes 16760 AED
The UAE Goverment shows the inflation rate on its Ministry of Planning website.
http://www.uae.gov.ae/mop/group/st_group28/ch_09.htm
From 1990 -2000 the General Retail Price Inflation was: 44.9%
From 1990-2002 it was 51.2% (2002 figure corrected to 1990 base)
This means that to have the same buying power as in 1992, even assuming that the allowance package had not decayed, a new First Officer would be required to earn: 23,405AED
As Allru says the statistics speak for themselves. Not a pretty picture, the pay has dropped in real terms, so that a new Captain now earns less than a First Officer in 1992. It must make it mighty difficult to plan for retirement. At the current rate of price inflation coupled to the current rate of salary inflation, by 2012 a new Captain will earn in real terms half of a 1992 First Officers salary.
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Inflation is one thing but look at how much Dubai has changed since 1992. It would be unrecognisable now to someone who left the Emirates in that year.
It's fast becoming one of the most expensive places to live on earth, and if you take into account poor value accomodation and school fees etc, the numbers stop adding up.
The expat bubble burst long ago in the UAE.
It's fast becoming one of the most expensive places to live on earth, and if you take into account poor value accomodation and school fees etc, the numbers stop adding up.
The expat bubble burst long ago in the UAE.
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Maxrev,
It is hard to make a proper factual or even statistical comparison for 4 reasons:
Firstly, the EK package provides different levels of 'cover' dependant on nationality. By that I am not refering to local vs ex-pat issues.
Nationality effects how the package is spent for a number of reasons. What one nationality might spend their money on is significantly different to others. Critically, the difference is what they are forced to spend their money on. The cost of schooling is bench marked against British schools. If you are required to send you kids elsewhere to ensure that they could return to your home country schooling system it could prove much more expensive (15k+/year/child). Dependant on nationality, there are a whole host of other issues. The question is, is this really the responsibility of the company?
Secondly, most of the cost of living indices around the world are heavily skewed towards the cost of housing which does not effect the EK package as long as you remain within company accomodation. The snag with this is that it removes the choice that is offered in all other countries within the survey if the housing allowance is not set at a representative level . Most of the surveys available show that:
1. Tokyo is the most expensive city
2. London and NYC are not far behind
3. Dubai typically comes in at around 20% less than the cost of these cities alongside cities such as LA, San Francisco and Paris
If you take out the cost of housing the picture would be different.
Thirdly, and most importantly, if you live in any of the other countries you have the option to live away from the city. Typically, in the UK and US, few pilots would actually live in the big city, most would commute which can reduce costs by as much as 25%.
Fourthly, no arab city ranks within the top 50 in terms of quality of life. That may not be for day to day reasons but due to a whole host of geo-political criteria. In addition, any money that is held within Dubai has no investment value and depreciates every day at the rate of inflation due to local banking practices.
Lies, damn lies and statistics. The potential for management to run with the favourable statistics without taking account of the undelying criteria must be considerable.
Cerberus
It is hard to make a proper factual or even statistical comparison for 4 reasons:
Firstly, the EK package provides different levels of 'cover' dependant on nationality. By that I am not refering to local vs ex-pat issues.
Nationality effects how the package is spent for a number of reasons. What one nationality might spend their money on is significantly different to others. Critically, the difference is what they are forced to spend their money on. The cost of schooling is bench marked against British schools. If you are required to send you kids elsewhere to ensure that they could return to your home country schooling system it could prove much more expensive (15k+/year/child). Dependant on nationality, there are a whole host of other issues. The question is, is this really the responsibility of the company?
Secondly, most of the cost of living indices around the world are heavily skewed towards the cost of housing which does not effect the EK package as long as you remain within company accomodation. The snag with this is that it removes the choice that is offered in all other countries within the survey if the housing allowance is not set at a representative level . Most of the surveys available show that:
1. Tokyo is the most expensive city
2. London and NYC are not far behind
3. Dubai typically comes in at around 20% less than the cost of these cities alongside cities such as LA, San Francisco and Paris
If you take out the cost of housing the picture would be different.
Thirdly, and most importantly, if you live in any of the other countries you have the option to live away from the city. Typically, in the UK and US, few pilots would actually live in the big city, most would commute which can reduce costs by as much as 25%.
Fourthly, no arab city ranks within the top 50 in terms of quality of life. That may not be for day to day reasons but due to a whole host of geo-political criteria. In addition, any money that is held within Dubai has no investment value and depreciates every day at the rate of inflation due to local banking practices.
Lies, damn lies and statistics. The potential for management to run with the favourable statistics without taking account of the undelying criteria must be considerable.
Cerberus
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Some other issues with DXB and EK
Traffic is unbearable. More cars every year makes getting anywhere a tedious chore and highly dangerous. Take heed - your wife and kids will be more exposed to this than you.
Housing is take it or leave it - A number of pilots have been given residences close to the airport with associated noise. No option to move. Its all luck of the draw
Conditions constantly eroded. Every year little (and big perks) are quietly withdrawn. This ultimately passes on a higher living cost. Any EK pilot can name a few perks that directly affected him.
Most of the flying is "back of the clock" and the duty and rest times are illogical. E.g. time back from leave vs time back from all night double sector.
I could go on.....
The basics are:
Adjusted salaries have decreased.
Cost of living has increased (a lot)
Perks have been eroded and will continue to be - resulting in higher costs.
Allowances have decreased (compare 24Hr LHR in 94 with 04 - A decrease!!)
Hidden taxes have increased radically
Dubai is overcrowded.
While the starting salary is contractual, nothing else is and history shows a steady decline. It would seem this trend will continue.
Traffic is unbearable. More cars every year makes getting anywhere a tedious chore and highly dangerous. Take heed - your wife and kids will be more exposed to this than you.
Housing is take it or leave it - A number of pilots have been given residences close to the airport with associated noise. No option to move. Its all luck of the draw
Conditions constantly eroded. Every year little (and big perks) are quietly withdrawn. This ultimately passes on a higher living cost. Any EK pilot can name a few perks that directly affected him.
Most of the flying is "back of the clock" and the duty and rest times are illogical. E.g. time back from leave vs time back from all night double sector.
I could go on.....
The basics are:
Adjusted salaries have decreased.
Cost of living has increased (a lot)
Perks have been eroded and will continue to be - resulting in higher costs.
Allowances have decreased (compare 24Hr LHR in 94 with 04 - A decrease!!)
Hidden taxes have increased radically
Dubai is overcrowded.
While the starting salary is contractual, nothing else is and history shows a steady decline. It would seem this trend will continue.
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fatbus,
Obviously it depends on how you read your statistics but out of 64 destinations in the winter timetable, 28 of them have a departure ex DXB between 2200 and 0600, most of those between 2300 and 0400.
There are also some 30 fights arriving into DXB between 0300 and 0800.
Lucky you if you manage to miss all of them!
h-d
Obviously it depends on how you read your statistics but out of 64 destinations in the winter timetable, 28 of them have a departure ex DXB between 2200 and 0600, most of those between 2300 and 0400.
There are also some 30 fights arriving into DXB between 0300 and 0800.
Lucky you if you manage to miss all of them!
h-d
