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Non type rated easyjet recruitment?

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Non type rated easyjet recruitment?

Old 25th Aug 2018, 19:24
  #1681 (permalink)  
 
Join Date: Jul 2007
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That sounds about right. A couple of hundreds more if you claim back a few things, but then again I am not a huge expert, I would wait someone UK based.
dirk85 is offline  
Old 26th Aug 2018, 00:08
  #1682 (permalink)  
 
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Regarding the Manchester base for DECs, the short answer is No! There is an internal queue miles long of pilots trying to get commands at MAN and the biggest danger you face as a captain there is being run over in the car park by someone trying to get your slot! It is inconceivable to me that any DECs will ever get a job there. The most likely base by far is LGW.

Regarding captain salaries, the UK deal is, within a few pounds, as follows:

Captain Basic of £104,747. You get paid 95% of that for the first 6 months but full pay after that. Sector pay is £34.97 (I think!). If you work on 430 sectors per year (varies by base) = 430 x £34.97 = £15,037.10. The Company pays 7% of basic (£7332.29) into your pension (there is a little more due to a smart pension rule but ignore that for now!). Therefore, the maximum you can put tax free into your pension is £32667.71. You also get performance related pay which is typically £2k-£3k a year if the company does well. You can also put £500 per month into the share schemes and most captains do that, but it is completely optional. You often get a further £3k worth of shares if the company is doing well - that will almost certainly happen again this year. After 5 years they are yours to cash-in at whatever the shares are worth then and the whole deal is tax free. There is no incremental pay, but after 2 years, you get 5% of your basic salary loyalty bonus paid annually on the anniversary of you joining, after 5 years 10% and after 10 years 15%. That carries on for as long as you remain an employee. Remember that once you earn over £100k in the UK you effectively get taxed at around 62% - therefore every captain does what he can to keep his salary below that using pension contributions.

There are therefore many variables so it is hard to say what anyone gets as they all put in different amounts into the pension and share schemes plus you cannot guarantee exactly how many sectors you will fly. To keep it simple, however, if you are a UK captain after the first 6 months, but before the loyalty bonus kicks in, putting nothing into the shares but just reducing your salary below £100k by pension contributions, flying 430 sectors a year, you can expect to take home £5,500 a month. If you put the full £40k (including company 7%) and fly 430 sectors a year with no share scheme contributions, you will earn very close to £120k a year. Take off your £32,667 into the pension fund and that leaves £87,117. That will give you £4877 per month. In addition you will still get your performance shares (£3k) and the performance payments etc if they happen. There is another slight oddity and that is, by union agreement, you get £56/month for leave payments - every little helps! I hope all that makes sense. It is not a clear picture but very logical if you plug the figures into you own circumstances depending on share payments and pension contributions.
Count of Monte Bisto is offline  
Old 26th Aug 2018, 02:53
  #1683 (permalink)  
 
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60% tax rate in the UK above £100k? You sure about this?

https://www.gov.uk/government/public...rrent-and-past
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Old 26th Aug 2018, 03:00
  #1684 (permalink)  
 
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Thanks Count, that’s all very useful.
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Old 26th Aug 2018, 06:21
  #1685 (permalink)  
 
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Originally Posted by Deano777 View Post
60% tax rate in the UK above £100k? You sure about this?

https://www.gov.uk/government/public...rrent-and-past
Oh yes, it is an effective 60% tax over £100k.

Read here: https://www.telegraph.co.uk/news/201...ap-set-double/
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Old 26th Aug 2018, 06:38
  #1686 (permalink)  
 
Join Date: Mar 2013
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Originally Posted by QR777X View Post


Thanks a lot for this info. However I have different figures coming from a friend based there. He got between £5400 and £6400 net during his training and now he gets around £7300 net. How can it be? Maybe children deductions? I am confused now.

As far as I know the worse contract is in Portugal where you get less than 7000 euros net but at least you don't have to pay the Type Rating. How is it possible that UK is even worse than that (6000 euros roughly)?
In Uk, to have 7300 after tax, does mean you do 146K£ a year with the 1% mandatory pension contribution.
From what people say here, most of the people seems to do the maximum to earn less than 100K£ a year using the max pension contributions.
I don't know what your friend do (maybe he like more to have cash, and do his retirement by himself, buying flat, ...)

I m sure there are enough easy cpt (what I m not) here to say, if you can do 146K£ a year (it seems with few years in the company possible from what I know)
​​​​​​​
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Old 26th Aug 2018, 09:28
  #1687 (permalink)  
 
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I was told to expect to gross about £122,000 for LGW, which is about £6,200 net or £5,500 if you put approx. 18% into your pension to stay just under the £100,000. I don’t believe it’s 95% for the first six months, I certainly hope not if they also expect you to pay for the damn type rating!

I believe new internal command upgrades are on 90% of basic salary for the first 6 Months, probably to recoup ‘training costs’.
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Old 26th Aug 2018, 11:07
  #1688 (permalink)  
 
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Dct_Mopas, interesting read, thank you, I had no idea you lose your personal alliance if you earn above 100k.

Also does anyone know roughly how long you stay in the hold pool for LGW DEC?
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Old 26th Aug 2018, 11:27
  #1689 (permalink)  
 
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Originally Posted by Deano777 View Post
Dct_Mopas, interesting read, thank you, I had no idea you lose your personal alliance if you earn above 100k.

Also does anyone know roughly how long you stay in the hold pool for LGW DEC?

They say they hope to be able to offer a course within 12 months, at a ‘mutually agreeable’ date (most need to give 3 months notice), I know some have been in for nearly a year and only just accepted a course (having turned down earlier offers for other bases), others have been in for 4 months and recently accepted offers, this is all for LGW. Depends on your notice period and their requirements and training resources.
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Old 26th Aug 2018, 12:04
  #1690 (permalink)  
 
Join Date: Sep 1999
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Certainly was the case for DEC that you were on 90% for first 6 months. Not sure if that’s still the case.
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Old 26th Aug 2018, 12:29
  #1691 (permalink)  
 
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Originally Posted by FlyboyUK View Post
Certainly was the case for DEC that you were on 90% for first 6 months. Not sure if that’s still the case.

I dont think that is the case if you’ve to pay for £22,000 for the type rating. If you elect for the TRSS they deduct £611 per month for 36 months, if they take a further 10% for 6 months it starts to get ridiculous!
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Old 26th Aug 2018, 13:23
  #1692 (permalink)  
 
Join Date: Sep 1999
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It was the case when paying for the type rating up front previously when the TRSS scheme didn’t exist, it may be different now.
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Old 26th Aug 2018, 14:20
  #1693 (permalink)  
 
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I was told it's 100%, but I can't say for sure. Maybe a recent recruit can confirm.

Here's a calculation to make your eyes water - gross up that £22,000 at the 62% marginal tax rate and it's the equivalent of £57,894 off your gross salary!!!
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Old 26th Aug 2018, 14:45
  #1694 (permalink)  
 
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Just so everyone understands, the bit about 62% is due to a sneaky rule whereby your ‘personal allowance’ is reduced for salaries above £100k. The 62% only applies to that portion between £100k - £120k (maybe a slightly different value but the effective tax rate is correct). If you earn £122k and put zero into your pension and buy no shares (neither of which is very sensible) then you will take home £6198 per month on average. If you are flying loads of summer sectors (ie 100 hours flight time) then that sum could go upwards. It is not sustainable and you will fly less, and therefore earn less, over the rest of the year. The £6198 is the average figure over the whole year. It is very inefficient tax wise but you can do it. The only way to increase that amount is to have a non-standard tax code, which is possible if you paid too much tax, for example, the previous year.

Regarding £146k a year, that is not possible for a first year captain without loyalty bonus payments. It will take you a few years to earn that.
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Old 26th Aug 2018, 18:24
  #1695 (permalink)  
 
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Originally Posted by QR777X View Post
I have seen a couple of pay slips with a net salary of £6400 during the ground/induction course (£8778 gross plus roughly £1000 for ground duty). I don't understand how it's possible to get less when training is over. I have been told I can expect £6800 average (maybe with a few layovers). All these numbers are confusing!
9778 gross over 12 months is 6050 after tax with no pension contributions.
Of course, the first few months and depending what you were doing before your net on the pay slip will be higher, time for the tax office to realise you will do this or more all the year and not just one extra months ... But at the end, you will pay the tax you own them.

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Old 26th Aug 2018, 18:58
  #1696 (permalink)  
 
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Cheers for the UK figures to those who posted. Anyone able to offer an idea of typical net values for the Portuguese bases and Berlin for comparison?
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Old 27th Aug 2018, 21:34
  #1697 (permalink)  
 
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I have just been flying with a Portuguese guy based in OPO. I discovered, to my astonishment, that part of Portuguese law is that they get paid for 14 months' work each year (one extra month in the summer to cover holidays and one at Christmas)! It is the most bizarre thing I have ever heard of and he was waxing lyrical about how good the contract is there - the world's best kept secret etc. Maybe others with more insight can share, but he was quoting monthly figures of around €7-8,000. Seems alright to me. I am a UK based easyJet guy so I am not an authority on such matters, but it was a very interesting conversation nonetheless.
Count of Monte Bisto is offline  
Old 28th Aug 2018, 14:20
  #1698 (permalink)  
 
Join Date: Jun 2017
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Originally Posted by Count of Monte Bisto View Post
I have just been flying with a Portuguese guy based in OPO. I discovered, to my astonishment, that part of Portuguese law is that they get paid for 14 months' work each year (one extra month in the summer to cover holidays and one at Christmas)! It is the most bizarre thing I have ever heard of and he was waxing lyrical about how good the contract is there - the world's best kept secret etc. Maybe others with more insight can share, but he was quoting monthly figures of around €7-8,000. Seems alright to me. I am a UK based easyJet guy so I am not an authority on such matters, but it was a very interesting conversation nonetheless.
A captain who's been in the company 5 years, paying full local Portuguese tax (assuming wife not working and 1 or 2 kids) can expect a net annual take home of €90,000. That's not including the performance bonus (up to 20% basic salary gross).

If you've got any questions count, feel free to PM me. Needless to say, it's one hell of a lot better than it used to be.
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Old 30th Aug 2018, 16:19
  #1699 (permalink)  
 
Join Date: Aug 2018
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Could anyone confirm what the current TR cost is for a direct entry FO? Is it still at the £30k mark?
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Old 7th Sep 2018, 13:35
  #1700 (permalink)  
 
Join Date: Jun 2008
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Originally Posted by Shadyxc2 View Post
Could anyone confirm what the current TR cost is for a direct entry FO? Is it still at the £30k mark?
Its £22k , deductible by salary of £611 for 36 months only if you are uk based.
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