How much did you earn this fin year?
Just Binos
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Remember the days when your salary was private information? When those who couldn't wait to tell you how much they earned were quickly assigned their own spot at the party by themselves? I think it used to be called class.
But the Greed decade followed by the My 4WD is bigger than yours decade has certainly superseded such notions, as the race to post on this thread indicates. All rather sad, really.
But the Greed decade followed by the My 4WD is bigger than yours decade has certainly superseded such notions, as the race to post on this thread indicates. All rather sad, really.
Actually, i quite like it. As someone who is looking for his first job in Aviation in the next few months its interesting to see what those out there in the real world are actually earning... i don't really see it as a "Mine is bigger than yours" type competition.
Just Binos
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I VERY much doubt that any of the previous posters would disagree with you. Juicy rationalisations are very much a part of our makeup when under the pump. If you believe it, that's all that counts.
Bino's, although no doubt your rationalisation has/does apply to certain people, I believe that the majority here would view this as an 'information' post. From my perspective as an expat, it was information like this that led me to leave the 'dream ' job of flying a jet based in Brisbane, to head to the sandy shores so that I may actually get ahead financially, rather than just assisting my CEO in his incessant quest for ridiculous wealth. In these days of AWA's and individual contracts salary information is not as readily accessible as some may think. I have a nephew who is working underground at the moment, who wants to be a pilot. I shall be referring him to this post so that he has an idea of what to expect from a variety of positions, not just mine. Hope you are enjoying retirement away from ASA. 
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Binoculars I couldn't disagree more. The more open information there is out there about different airlines pay and conditions the more readily we can negotiate better pay and conditions for all within the industry.
Just Binos
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Of course you disagree. It would be silly not to attempt to rationalise your position.
That self serving position would be much more defensible if every poster announced their position, qualifications and employer instead of " a million dollars, nya nya na nyahh nyahh."
It's a generational thing you see.
That self serving position would be much more defensible if every poster announced their position, qualifications and employer instead of " a million dollars, nya nya na nyahh nyahh."
It's a generational thing you see.
Join Date: Jun 2007
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Financial advice I received from my grandparents as a child: "In my day one didn't borrow money to buy a house, one saved one's pennies for a year or so and paid cash for a house."
How times have changed. These days youngsters will be lucky if they can even save a deposit, then spend 25 years paying off a mortgage. Salary levels have become far more important these days just to achieve the basic living essential of a roof over your head to raise a family.
Society has done this to us, we are powerless now but to respond by seeking a better salary. A basic house in a capital city now costs at least 10 times the average annual take-home pay. And salaries of pilots are losing ground in comparison to the average wage.
Pilots need to protect their industry not because they seek to be prima donnas but just to survive and afford to raise a family in an increasingly difficult economic and social environment.
Pilots can't protect their industry unless they have a good understanding of what they should reasonably expect to earn, and they can only gain this understanding by talking to each other.
Good thread.
B767 F/O in Aust. $160K gross.
How times have changed. These days youngsters will be lucky if they can even save a deposit, then spend 25 years paying off a mortgage. Salary levels have become far more important these days just to achieve the basic living essential of a roof over your head to raise a family.
Society has done this to us, we are powerless now but to respond by seeking a better salary. A basic house in a capital city now costs at least 10 times the average annual take-home pay. And salaries of pilots are losing ground in comparison to the average wage.
Pilots need to protect their industry not because they seek to be prima donnas but just to survive and afford to raise a family in an increasingly difficult economic and social environment.
Pilots can't protect their industry unless they have a good understanding of what they should reasonably expect to earn, and they can only gain this understanding by talking to each other.
Good thread.
B767 F/O in Aust. $160K gross.
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Binos,
I have recently gone for a couple of jobs in aviation. without any
idea of ACTUAL pay rates.
The wheels who interview you are generally on a bonus system, or
some form of budget control of their department.
This means the less you accept, the more they earn!
Pprune is the greatest weapon pilots ever had to get real timely
information on industry standard renumeration. Its not about
being tacky or it being low class to mention comparitive pay.
Its about the pilots having some decent data on whats being paid.
Otherwise only the low class managers have this information.
I have recently gone for a couple of jobs in aviation. without any
idea of ACTUAL pay rates.
The wheels who interview you are generally on a bonus system, or
some form of budget control of their department.
This means the less you accept, the more they earn!
Pprune is the greatest weapon pilots ever had to get real timely
information on industry standard renumeration. Its not about
being tacky or it being low class to mention comparitive pay.
Its about the pilots having some decent data on whats being paid.
Otherwise only the low class managers have this information.
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Interesting thread, particularly the range of incomes for Jet types depending on who you are willing to work for and where you want to live. I'll be directing a few wannabees to this thread.
Gnadenburg, you wrote...
Tax on 340K for an Aussie resident is now 130K (132.6K in 07/08). Gnadenburg, care to share info on where you are domiciled (to pay such low tax) AND which organisation/airline?
For anyone that can't google it...ATC pay is here (: Agreements AG845691 Airservices Australia Certified Agreement 2005-2008 (Air Traffic Control and) pay scales are at the bottom on the second last page. A colleague just picked up a gig in the UAE for $200K AUD, no tax, find own accom (maybe a third in housing and utilities leaving around $120KAUD for beer)
Gnadenburg, you wrote...
340,000 AUD tax around 60,000. 700hours.
Payrise this year of 25-30%.
Payrise this year of 25-30%.
For anyone that can't google it...ATC pay is here (: Agreements AG845691 Airservices Australia Certified Agreement 2005-2008 (Air Traffic Control and) pay scales are at the bottom on the second last page. A colleague just picked up a gig in the UAE for $200K AUD, no tax, find own accom (maybe a third in housing and utilities leaving around $120KAUD for beer)
Gnadenburg, care to share info on where you are domiciled
Non-resident status.
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These days youngsters will be lucky if they can even save a deposit, then spend 25 years paying off a mortgage.
How many teachers add to the Compound Interest lesson, a mention of the definition of Good Debt and Bad Debt... and a discussion of the difference between them.
Salary levels have become far more important these days just to achieve the basic living essential of a roof over your head to raise a family.
Non-resident status.
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Very well put Owen!
It's taken people many years in this volatile industry to get where they are today. To disclose how much they earn is what this thread is about and not how far one can piss!
It's taken people many years in this volatile industry to get where they are today. To disclose how much they earn is what this thread is about and not how far one can piss!
Definitions
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True, getting ahead is not about how much you earn, but the difference between how much you earn and how much you spend.
Live modestly, pay off your mortgage quickly, retire early and enjoy life.
Live modestly, pay off your mortgage quickly, retire early and enjoy life.