V Australia-Tell me it aint true! (Merged Thread)
Question
If V Australia is recruiting DE Captains and FO's, how is progression expected for someone taking a 'cruise FO' position (I guess from FO to Captain too)? Also, with whatever progression there is, what time frame would be reasonable - especially with a brand new airline? Surely getting in on the ground level would make for quick movement as the airline expands.
Obviously in addition to the T&C's, this will make a world of difference in deciding whether or not to take the job.
If V Australia is recruiting DE Captains and FO's, how is progression expected for someone taking a 'cruise FO' position (I guess from FO to Captain too)? Also, with whatever progression there is, what time frame would be reasonable - especially with a brand new airline? Surely getting in on the ground level would make for quick movement as the airline expands.
Obviously in addition to the T&C's, this will make a world of difference in deciding whether or not to take the job.
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Matesrates..
where did you pluck those figures from....????
Memo from the company on 4th Dec says that they haven't decided on Terms and Conditions yet..
or are you just making it up?
where did you pluck those figures from....????
Memo from the company on 4th Dec says that they haven't decided on Terms and Conditions yet..
or are you just making it up?
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Dragun good questions for an interview, if you get one.
Dubya, I agree the figures are all rubbery. What we do know is that the VAustralia operation is most definitely separate to the VB mainline operation. Whilst VB guys may well be offered continuation of service etc etc the T&C's will be totally at the whim of the VAustralia Board.
Can we expect a similar salary ratio % from E-Jet to B737 to B777 I do not think so. We will all know come Jan08 I guess.
Good luck.
Dubya, I agree the figures are all rubbery. What we do know is that the VAustralia operation is most definitely separate to the VB mainline operation. Whilst VB guys may well be offered continuation of service etc etc the T&C's will be totally at the whim of the VAustralia Board.
Can we expect a similar salary ratio % from E-Jet to B737 to B777 I do not think so. We will all know come Jan08 I guess.
Good luck.
Dubya,
those rates were stated by the chap from VA that rang applicants over the last few days.
Not particularily good coin for having to live in expensive old Sydney!
If the $ on offer were $210K PLUS super it might be worth a move, but looking at it from a superannuation point of view only, 7 years in the desert will stack away more than would be 'saved' in OZ in double that time.
VA will probably get a few guys who have 'done their time' in the sandpit and other places and want to get home - which is probably just what they need to kick the operation off.
those rates were stated by the chap from VA that rang applicants over the last few days.
Not particularily good coin for having to live in expensive old Sydney!
If the $ on offer were $210K PLUS super it might be worth a move, but looking at it from a superannuation point of view only, 7 years in the desert will stack away more than would be 'saved' in OZ in double that time.
VA will probably get a few guys who have 'done their time' in the sandpit and other places and want to get home - which is probably just what they need to kick the operation off.
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Watchdog correct. I guess it's here-we-go-again with old money vs lifestyle argument all over again. Surely you can't even begin to compare life in the sandpit to life in OZ if family and friends are any part of the lifestyle wish list to you? Yes Sydney will be the initial base, but hey it's longhaul so a commute from anywhere is a possibility, beach house in Noosa maybe?
My hunch is that if you are a B777 type rated Captain and want to maintain your rank AND return to OZ you would want to be in the initial batch because the opportunity may well not be available again. I suspect VA are hedging their bets this way too?
If the Virgin ranks get split like QF and Jetstar I can assure you the smidgen of virgin flair and loyalty that remains will be washed away in one fowl sweep.
My hunch is that if you are a B777 type rated Captain and want to maintain your rank AND return to OZ you would want to be in the initial batch because the opportunity may well not be available again. I suspect VA are hedging their bets this way too?
If the Virgin ranks get split like QF and Jetstar I can assure you the smidgen of virgin flair and loyalty that remains will be washed away in one fowl sweep.
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Forgive my ignorance - (I've been away for a very long time) - but could someone run by us (or PM me if you'd prefer) the figures detailing what "180,000 including Superannuation" and "180,000 excluding Superannuation" mean? No such thing as Super where I am.
Thanks
Thanks
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Australia has a mandatory 9% super contribution. The V Australia guy stated that the salary was going to be between 180 and 210k (Including Super contribution). So of the 180 approx 15k will go into super and which will bring the amount of taxable income to 165k. On 165k (assuming you have no deductions) you will pay 54600 in income tax. On top of this there is a medicare levy which will be around 2k. If you have kids and your wife doesn't work you will pay a little less tax, but that will give you an idea. So at the 180k level, all in, you will see around 110 k in your pay packet. The super is kept in a super fund of your choice which you will be able to access when you retire.
At the 210k level, with no deductions you will get just a touch over 120k in your paypacket.
The actual amount may vary significantly depending on whether you have other income, investments, deductions, your wife works etc etc, but this is a rough guide, taken straight from the australian tax office tax calculator.
V
At the 210k level, with no deductions you will get just a touch over 120k in your paypacket.
The actual amount may vary significantly depending on whether you have other income, investments, deductions, your wife works etc etc, but this is a rough guide, taken straight from the australian tax office tax calculator.
V
Last edited by Vorsicht; 9th Dec 2007 at 02:19.
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Emirates Provident fund
Hi All,
Would anyone be able to post the details of the Emirates Provident fund.My understanding is that you must stay in Emirates now for 5 years only to receive it and not 7 years as was the case.From what I have heard it is very lucrative.
I am happy if someone would like to P.M me the figures.
I am thinking it may be better to do a 5 or 7 year stint O/S and retire back to OZ.I may have to do another 20 years flying 900 hours plus with a LCC to get the same result.I am not keen to fly over 60 to an early death
I also hear around the grapevine that there may be temporary bases offered with Emirates in OZ or N.Z soon
With 250 aircraft on order they will need to dangle the carrot to get enough guys and gals.They could also shake a tree and wait for the pilots to fall out.
Would anyone be able to post the details of the Emirates Provident fund.My understanding is that you must stay in Emirates now for 5 years only to receive it and not 7 years as was the case.From what I have heard it is very lucrative.
I am happy if someone would like to P.M me the figures.
I am thinking it may be better to do a 5 or 7 year stint O/S and retire back to OZ.I may have to do another 20 years flying 900 hours plus with a LCC to get the same result.I am not keen to fly over 60 to an early death
I also hear around the grapevine that there may be temporary bases offered with Emirates in OZ or N.Z soon
With 250 aircraft on order they will need to dangle the carrot to get enough guys and gals.They could also shake a tree and wait for the pilots to fall out.
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FearCampaign,
'I am thinking it may be better to do a 5 or 7 year stint O/S and retire back to OZ.I may have to do another 20 years flying 900 hours plus with a LCC to get the same result.I am not keen to fly over 60 to an early death'
Well said. And you you will not have to pay for the privilege with paying for the rating, interview, simm ride etc etc.
You get access to your provident fund after 5 years but only 75% of it. 100% after 7 years.
Blue Foot
'I am thinking it may be better to do a 5 or 7 year stint O/S and retire back to OZ.I may have to do another 20 years flying 900 hours plus with a LCC to get the same result.I am not keen to fly over 60 to an early death'
Well said. And you you will not have to pay for the privilege with paying for the rating, interview, simm ride etc etc.
You get access to your provident fund after 5 years but only 75% of it. 100% after 7 years.
Blue Foot
The EK provident fund is no more lucrative than the usual super funds except that the growth isn't taxed at 15% as in OZ.
Punch the numbers into a financial calculator and see for yourself.
Punch the numbers into a financial calculator and see for yourself.
Growth(?) in a super fund in Australia is no longer taxed. Payouts from super to those who retire from the workforce, and are over 60, are now tax free.
However, a tax of 15% is applied to additional contributions made from a salary sacrifice arrangement.
However, a tax of 15% is applied to additional contributions made from a salary sacrifice arrangement.
Ohspareme,
OZ super IS still taxed (you won't see it in your statement as the fund itself pays it)
From the ato website:
"You will be taxed on concessional contributions over the $50,000 cap at a rate of 31.5%. This is on top of the 15% tax paid by the fund. You can ask your super fund to release money to pay this excess contributions tax."
http://www.ato.gov.au/super/content....&mfp=&st=&cy=1
OZ super IS still taxed (you won't see it in your statement as the fund itself pays it)
From the ato website:
"You will be taxed on concessional contributions over the $50,000 cap at a rate of 31.5%. This is on top of the 15% tax paid by the fund. You can ask your super fund to release money to pay this excess contributions tax."
http://www.ato.gov.au/super/content....&mfp=&st=&cy=1
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Back on topic...
Whats the go with the cruise relief pilot? I assume that's just another name for S.O.?
I also had a missed call and voice message on Friday. Will be interesting to hear the offer.
Anyone have an interview date yet?
Whats the go with the cruise relief pilot? I assume that's just another name for S.O.?
I also had a missed call and voice message on Friday. Will be interesting to hear the offer.
Anyone have an interview date yet?
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Originally Posted by Ramboflyer_1
Also there is no perdiems thats another 10k per year from your pocket.........
Originally Posted by mates rates
the DEC pay is AUD 180000-210000 INCLUSIVE of super 9% plus allowances
Unless you know something we don't?