Go Back  PPRuNe Forums > Wannabes Forums > South Asia and Far East Wannabes
Reload this Page >

CX F/O Pay !! Have I got this right ?

Wikiposts
Search
South Asia and Far East Wannabes A forum for those applying to Cathay Pacific, Dragonair or any other Hong Kong-based airline or operator. Use this area for both Direct Entry Pilot and Cadet-scheme queries.

CX F/O Pay !! Have I got this right ?

Thread Tools
 
Search this Thread
 
Old 4th Mar 2008, 18:10
  #1 (permalink)  
Thread Starter
 
Join Date: Nov 2007
Location: Manchester
Posts: 8
Likes: 0
Received 0 Likes on 0 Posts
CX F/O Pay !! Have I got this right ?

Been invited for DEFO interview in 6 weeks. Received an introduction pack this morning by email and the F/O pay is 45,000.
How do they expect to recruit when most people with the requirements to go are already captains at other airlines ??
Wouldn't mind a 340 or 777 but not for that paycut.
Have I got this correct ?

Cheers
Steve73 is offline  
Old 4th Mar 2008, 19:32
  #2 (permalink)  
 
Join Date: Jul 1998
Location: HK
Posts: 12
Likes: 0
Received 0 Likes on 0 Posts
yes. Apparently they want experienced people but aren't willing to pay for it....
Ho Hum is offline  
Old 5th Mar 2008, 07:43
  #3 (permalink)  
 
Join Date: Apr 2006
Location: europe
Posts: 201
Likes: 0
Received 0 Likes on 0 Posts
did they tell you about the onshore thing as well ? CX isn't worth it anymore, believe me. Money used to be the ONLY reason for joining, at the last interview only 3 out of 18 turned up...
sisyphos is offline  
Old 5th Mar 2008, 09:12
  #4 (permalink)  
Thread Starter
 
Join Date: Nov 2007
Location: Manchester
Posts: 8
Likes: 0
Received 0 Likes on 0 Posts
Onshore thing ?
I thought the flight pay must compensate for the low basic but it can't be that good can it ?
Anyway, email has been sent to withdraw my application.
Steve73 is offline  
Old 6th Mar 2008, 00:35
  #5 (permalink)  
 
Join Date: Mar 2008
Location: USA
Posts: 14
Likes: 0
Received 0 Likes on 0 Posts
Pay really that low?

So I guess the ever-present airlinepilotcentral.com is wrong on this one huh? There is says 1st year FO pay is $5,290 per month, that makes $63,480 annually. I always verify anyway but that's a big difference! Does whatever the correct salary is include all the benefits? Interesting.......

Here's the link at APC: http://airlinepilotcentral.com/airli...y_pacific.html
truelight is offline  
Old 6th Mar 2008, 04:54
  #6 (permalink)  
 
Join Date: Mar 2008
Location: USA
Posts: 14
Likes: 0
Received 0 Likes on 0 Posts
Incorrect!

Maybe $45,000 per month HKG$. Here's the payscale:

As of July 08, new freighter FO pay scales in US dollars.

1yr/69,372
2nd/76,284
3rd/82,836
4th/88,836
5th/93,528

This is an "interim" increase to the payscales while we continue to negotiate for the next few months. Then a further change will be implemented by Jan09.

Hope you already figured this out or didn't send that email to them yet!
truelight is offline  
Old 6th Mar 2008, 04:56
  #7 (permalink)  
 
Join Date: Mar 2008
Location: USA
Posts: 14
Likes: 0
Received 0 Likes on 0 Posts
did they tell you about the onshore thing as well ? CX isn't worth it anymore, believe me. Money used to be the ONLY reason for joining, at the last interview only 3 out of 18 turned up...

Please, do tell more......
truelight is offline  
Old 6th Mar 2008, 08:04
  #8 (permalink)  
 
Join Date: Apr 2006
Location: europe
Posts: 201
Likes: 0
Received 0 Likes on 0 Posts
might not affect you : all U.K. based crew will be transfered to a U.K. based company, with tax according to the PAYE system ( pay as you earn), so you will have to pay full U.K. tax !
sisyphos is offline  
Old 6th Mar 2008, 09:31
  #9 (permalink)  
 
Join Date: Jul 2000
Location: Smogsville
Posts: 1,424
Likes: 0
Received 0 Likes on 0 Posts
Effective 1st July

F/O Freighter pay EUROPE is : 3,963 pounds per month, before tax!
SMOC is offline  
Old 6th Mar 2008, 09:44
  #10 (permalink)  
Thread Starter
 
Join Date: Nov 2007
Location: Manchester
Posts: 8
Likes: 0
Received 0 Likes on 0 Posts
Just to be clear the salary is 45.000 GBP not dollars and will be subject to UK tax as I understand it. The email has already gone !
Steve73 is offline  
Old 6th Mar 2008, 12:12
  #11 (permalink)  
 
Join Date: Apr 2005
Location: UK
Posts: 205
Likes: 0
Received 0 Likes on 0 Posts
Yes, I was amazed too. I had two invites to DEFO interviews in HK and eventually decided not to go. When one considers the effort required to get into (and by the sound of it stay in) Cathay, you have to conclude that there are some misguided and arrogant managers willing to believe that it is worth bothering!

I too wouldn't mind flying something a bit bigger, but not for a huge pay cut

KT
Knee Trembler is offline  
Old 6th Mar 2008, 12:58
  #12 (permalink)  
 
Join Date: Sep 2001
Location: Dubai
Age: 56
Posts: 469
Likes: 0
Received 0 Likes on 0 Posts
Looks like I wasn't the only one to turn down the interview then. To be honest, I wouldn't get out of bed for that money.
Avi8tor is offline  
Old 6th Mar 2008, 16:51
  #13 (permalink)  
 
Join Date: Mar 2008
Location: USA
Posts: 14
Likes: 0
Received 0 Likes on 0 Posts
Effective 1st July

F/O Freighter pay EUROPE is : 3,963 pounds per month, before tax!
Is UK tax really high? Because according to my calculations 3,963 pounds per month is $7,956 US. Unless you guys are taxed very heavily in the UK, how is that bad for first year FO? I'm probably just missing something so please, help me understand. Thanks.
truelight is offline  
Old 6th Mar 2008, 17:41
  #14 (permalink)  
 
Join Date: Oct 2007
Location: UK
Age: 64
Posts: 8
Likes: 0
Received 0 Likes on 0 Posts
For what it's worth, I joined CX freighters in 2000 as F/O on 38K GBP pa, and am now a freighter captain on 85K. In that time I've flown and socialised with a great bunch of folks. And I'm getting an extra month's pay as profit share this month. So I don't think I do badly, even handing over a lot of it to Mr Darling. It has worked well for me, as it could for anyone. I hope you don't live to regret declining the interview.
Nikon744 is offline  
Old 6th Mar 2008, 18:00
  #15 (permalink)  
 
Join Date: Feb 2008
Location: wales
Posts: 32
Likes: 0
Received 0 Likes on 0 Posts
40% all you get is the worst NHS ever!
speed787 is offline  
Old 6th Mar 2008, 18:16
  #16 (permalink)  
 
Join Date: Sep 2005
Location: Vancouver, Canada
Posts: 66
Likes: 0
Received 0 Likes on 0 Posts
I can understand not wanting to take a huge paycut, but let's not forget that this is an FO job, not a direct entry command! I am not aware of many companies that pay first year FO's more than £45k a year (not in Europe anyway). You're going to have this problem with most airlines, unless you can go in as a direct entry captain. Or have I missed something here?

And pilots working for every other company based out of European cities has to pay local tax, so why should Cathay be any different? And anyway, Cathay didn't want this - they lost the court case.

The days of being able to avoid paying tax to one's home country are coming to an end, unless you actually live in a tax haven. Most developed, western nations are clamping down on this, and the UK is one of the last ones to fall into line!

If anyone knows of a company with a huge entry-level FO salary and tax free income, based in Europe, post it here!

Last edited by northeast canuck; 6th Mar 2008 at 18:29.
northeast canuck is offline  
Old 6th Mar 2008, 18:49
  #17 (permalink)  
 
Join Date: Apr 2005
Location: UK
Posts: 205
Likes: 0
Received 0 Likes on 0 Posts
I think the point is that most companies don't require you to resit your ATPL and attend a cocktail party in order to join.

If CX regarded itself as a normal employer then it could get away with offering a normal salary. Instead, they seem(ed) to regard themselves as the best of the best.

The question remains why put oneself through the rigours of Cathay when one could earn more and have a better QoL elsewhere.

I'd love to hear your serious (and not so serious ) answers!

KT
Knee Trembler is offline  
Old 6th Mar 2008, 21:19
  #18 (permalink)  
 
Join Date: Sep 2005
Location: Vancouver, Canada
Posts: 66
Likes: 0
Received 0 Likes on 0 Posts
Yeah, the cocktail party is certainly unique!
northeast canuck is offline  
Old 6th Mar 2008, 21:42
  #19 (permalink)  
Thread Starter
 
Join Date: Nov 2007
Location: Manchester
Posts: 8
Likes: 0
Received 0 Likes on 0 Posts
I think Knee Trembler hit the nail on the head there. The prospect of putting myself through all that study for 45K isn't worth it. Flying a big jet appeals to me but would soon wear off i think. It's horses for courses but i get my 90K now so to half my dosh is madness. Will I live to regret it maybe ?? Im open minded enough to think I might but if Cathay want captains to come and sit in the RHS they need to find a balance somewhere.
Steve73 is offline  
Old 7th Mar 2008, 00:14
  #20 (permalink)  
 
Join Date: Apr 2006
Location: europe
Posts: 201
Likes: 0
Received 0 Likes on 0 Posts
north canuck:

the difference is in my point of view ( leaving ALL the other stuff like checking,roster,basing etc out) the time to command ( if you make it at all). With CX going to retirement age 65 the expected time in the left hand seat will be very long. And even IF you get the command, the question is at which base!
sisyphos is offline  


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.