Ryanair - Again - Pilot jobs site says 400+ working notice
Join Date: Sep 2014
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ask yourself is it possible to live, raise a family, save for retirement on a Ryanair salary?.
Join Date: Feb 2006
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Actually applies to nearly all salaries except some few airlines with better setup(e.g. LH, BA,...). For a lot of us they are still not the right choice, be it basing, very slow career progression, etc.(pick your favorite).
As sad as it sounds, most of us normal pilots will depend on a state pension, and as well Ryanair has to pay that together with yourself(social security). On top they pay up to 6000€/year into a retirement insurance if you pay the same ammount.
That's already more then you get with most(if any) ME carriers. We need to be fair about that.
As sad as it sounds, most of us normal pilots will depend on a state pension, and as well Ryanair has to pay that together with yourself(social security). On top they pay up to 6000€/year into a retirement insurance if you pay the same ammount.
That's already more then you get with most(if any) ME carriers. We need to be fair about that.
Join Date: Jun 2012
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Are you really ready for:
- 25 minutes turn-arounds
- Re-fueling supervision during this period
- A very unique set of SOP's which mean everything from briefings to mode selections are highly prescribed, in short results in a lot of talking and very long checklists.
- Returning to a type which is a lot less automated.
- Fuel league tables
- Non CAP-371 rosters which allow for 6 early morning departures in a row with departure times before 0630 local.
- A very non-transparent system for base changes etc.
- 25 minutes turn-arounds
- Re-fueling supervision during this period
- A very unique set of SOP's which mean everything from briefings to mode selections are highly prescribed, in short results in a lot of talking and very long checklists.
- Returning to a type which is a lot less automated.
- Fuel league tables
- Non CAP-371 rosters which allow for 6 early morning departures in a row with departure times before 0630 local.
- A very non-transparent system for base changes etc.
- Sunbathing or weekly shower depending on time of year
- A lot less onerous than is made out. Flexible and easy. Standard brief takes a minute of two in reality.
- The 738 is an easy plane to fly.
- Doesn't bother anyone
- Scaremongering: highly unlikely in reality. Usually 1 or 2 standbys a week on a 5/4 roster depending on time of year.
- Been discussed above.
In the UK, expect average of about £5500 pcm net of full tax, plus £1000 pcm put into your pension pot*.
* For an FR employee.
Join Date: Jun 2000
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Peanut pensions in a continuously year on year record profit making company. In 80's a proper pension plan was 25% of salary. You put in 1/3 and the company 2/3. If the pot was over full the company could reduce its contributions, but you kept 1/3rd going. Every year there was an actuarial audit by a neutral company and the fund trustees, including pilots. It worked great and I am enjoying the fruits. A few years ago there were discussions in the financial papers about how little % people saved for retirement and how late too many started. The alarm factor now is how low annuities rates are. (in 80's they could be 15%, now 6% is max). It was still considered that 25% salary contribution was a minimum to achieve a realistic salary/pension ratio. So just consider how underfunded £1000/m is. But then again, we hear that the salary is 1/2 income and the rest is 'allowances'. So perhaps the premiums are a good enough % of salary, but not of income. Have you been conned? Even more so with having to stop flying at 65, but government pensions now coming in at 67 and rising. A pathetic pension fund is better than nothing, but it's still pathetic.
Join Date: Nov 2000
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MH, that's interesting and confusing as they said at the interview they would offer a UK contract but we need to open an account in Eire as the NI contributions would be paid in the UK as the " base of work" and the rest of the tax would be dealt with in Eire under a DTA agreement.. anyway as no UK bases are available for DEC its rather pointless at this stage and certainly not worth considering as a retirement option for 4 years, the idea is to work less for more not more for less..
Join Date: Mar 2003
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I can assure you as a UK FR permanent employee I pay UK tax and UK NI only.
This deal is only available in the UK and on a permanent contract. It is the only exception in the whole Company. Every other option is EI tax and the country your based in NI or the equivalent.
As for pension I pay £500 pcm and FR match it at the rate of £500pcm however I believe you can top up your contribution to a figure I am not sure of but £1000 pcm could be correct but FR only match to £500.
Bearing in mind I was in the Final Salary pension up until end of last year when they closed it down this is a piss poor substitute but I will take it anyway. Its £500 for free from FR and anything for free from this lot should be had.
This deal is only available in the UK and on a permanent contract. It is the only exception in the whole Company. Every other option is EI tax and the country your based in NI or the equivalent.
As for pension I pay £500 pcm and FR match it at the rate of £500pcm however I believe you can top up your contribution to a figure I am not sure of but £1000 pcm could be correct but FR only match to £500.
Bearing in mind I was in the Final Salary pension up until end of last year when they closed it down this is a piss poor substitute but I will take it anyway. Its £500 for free from FR and anything for free from this lot should be had.
Join Date: Feb 2006
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@RAT 5
You mentioned it - in the 80's! We all know the 80's and before are history in terms of good life and salaries in a pilots life. Useless to moan about such thing in the year 2016.
You have to stay in reality in a standard european company. And I don't think that is sooooo bad. Had much much worse(QR was one of them) in my life....
You mentioned it - in the 80's! We all know the 80's and before are history in terms of good life and salaries in a pilots life. Useless to moan about such thing in the year 2016.
You have to stay in reality in a standard european company. And I don't think that is sooooo bad. Had much much worse(QR was one of them) in my life....
Join Date: Jun 2000
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Reality is that 10% salary pension premiums will not buy you a pension pot worth pissing in. Anyone can do the maths. It's nothing to do with 80's: it's to do with what a respectable employer will construct for its erstwhile much regarded and revered high paid employees. I was a lucky one, but there are many others.
The message is don't let the wool be pulled over your eyes; it covers up the rose tinted glasses.
The message is don't let the wool be pulled over your eyes; it covers up the rose tinted glasses.
Join Date: Feb 2006
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I agree. But again, nothing will change anymore. Don't know how your public pension system works over there on the island(I assume your are from the UK, I might be wrong) but on the mainland, depending on the country, it is something that will pay your fixed costs once retired(no sports cars, no chalet, no yacht, ^^).
Apart from that you do your extra retirement payments, e.g. the Ryanair one. Nothing great again, but something that you take. And it will pay you some extras in your retirement. Again, nothing fancy, simple, as most of us pilots are used to.
If you have been lucky then good for you, but nothing that you can take for granted nowadays. IMHO. Good if some of us still have the choice and have this huge retirement paid by their employer. I am not one of them.
Apart from that you do your extra retirement payments, e.g. the Ryanair one. Nothing great again, but something that you take. And it will pay you some extras in your retirement. Again, nothing fancy, simple, as most of us pilots are used to.
If you have been lucky then good for you, but nothing that you can take for granted nowadays. IMHO. Good if some of us still have the choice and have this huge retirement paid by their employer. I am not one of them.
Join Date: May 2014
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Spanish pilots working in Ryanair are going to Iberia, Vueling etc. I know a few! Air Europa will start to hire again so there is also a movement there. It's not just British pilots leaving to another British careers!
Join Date: Feb 2006
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Hmm, good to know, tkx EC DKN. That means better career chances(Instructor, Examiner,...) for the remaining pilots and most likely a further payrise.
Let's see. In the meantime I am happy to be with my family every day.
Let's see. In the meantime I am happy to be with my family every day.
Join Date: Jun 2000
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Interesting 6 month contract invitation sent to me recently. B737NG Europe.
1.€12,000pm
2. Plus per diems
3. €5000 bonus at end of contract.
4. 8-10 days off per-month with paid flights home.
5. Accommodation provided on duty.
It is an astonishing improvement from previous years. No idea who it is. 6 months on, with perhaps part-time in winter, or just take 6 months off and spend your cash in the sun.
1.€12,000pm
2. Plus per diems
3. €5000 bonus at end of contract.
4. 8-10 days off per-month with paid flights home.
5. Accommodation provided on duty.
It is an astonishing improvement from previous years. No idea who it is. 6 months on, with perhaps part-time in winter, or just take 6 months off and spend your cash in the sun.
Join Date: Jan 2016
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It is cheaper for ryr to wet lease to fill any gaps that they have than to sort out the package.
People have been saying for years how things are going to improve any time now, the problem is the management genuinely believe that the package is good - to be fair compared to some it's alright, not industry leading by a long shot but certainly not the worse out there.
It's going to take a serious shift in attitude towards the whole operation to see an improvement in T&C's, whilst MOL is at the helm there's no chance.
People have been saying for years how things are going to improve any time now, the problem is the management genuinely believe that the package is good - to be fair compared to some it's alright, not industry leading by a long shot but certainly not the worse out there.
It's going to take a serious shift in attitude towards the whole operation to see an improvement in T&C's, whilst MOL is at the helm there's no chance.