Monarch
Joined: Mar 2017
Posts: 134
Likes: 0
From: London
It is pretty varied ,
The month just gone was pretty busy ! Usually in the summer months you will easily be able to get a day off working payment which boosts the salary significantly
High season £4500pm (maybe more at times)
Low season £3800pm
I'm not full time (12/13s) so I'm down roughly £300 pm , but I like having a month off in winter (full time is available) .
Last year after tax I took home around £50k so average earnings around £4100pm
Hope it helps
The month just gone was pretty busy ! Usually in the summer months you will easily be able to get a day off working payment which boosts the salary significantly
High season £4500pm (maybe more at times)
Low season £3800pm
I'm not full time (12/13s) so I'm down roughly £300 pm , but I like having a month off in winter (full time is available) .
Last year after tax I took home around £50k so average earnings around £4100pm
Hope it helps
Joined: Aug 2010
Posts: 238
Likes: 0
From: London
I think we have had this discussion before but forgive me, Snapper and I seem to have worked for completely different companies. Here are the actual facts for anyone joining the company now.
Full time basic £54,500. New joiners will join on 10/13th of that figure till a space opens up on the core fleet of pilots at which point you can choose what proportion you like.
So that's £41,923
Flight pay is £15.22 per block hour. Assume 750 a year (I never did more than 650, don't under estimate how quite winter is).
So that's £11,415
Total package is £53,338 which is £3226 after tax!
Day of payments are very generous £474 but you can't rely on them. Crewing are instructed not to use them unless totally nessacary, if Monarch have crewing levels correct you won't get any, summer months you get minimum days off (7 in 28 so the law does not allow you to sell days off), winters are very slow and something has gone badly wrong if crewing need to use DOW. I used to get maybe 4 or 5 a year.
Snappers figures don't add up me. His basic plus (800 hours and that is very generous) of flight pay will be £62,483. To Net £50k he would need to make £75k which means he has sold 13k worth of days off which is 28!
Full time basic £54,500. New joiners will join on 10/13th of that figure till a space opens up on the core fleet of pilots at which point you can choose what proportion you like.
So that's £41,923
Flight pay is £15.22 per block hour. Assume 750 a year (I never did more than 650, don't under estimate how quite winter is).
So that's £11,415
Total package is £53,338 which is £3226 after tax!
Day of payments are very generous £474 but you can't rely on them. Crewing are instructed not to use them unless totally nessacary, if Monarch have crewing levels correct you won't get any, summer months you get minimum days off (7 in 28 so the law does not allow you to sell days off), winters are very slow and something has gone badly wrong if crewing need to use DOW. I used to get maybe 4 or 5 a year.
Snappers figures don't add up me. His basic plus (800 hours and that is very generous) of flight pay will be £62,483. To Net £50k he would need to make £75k which means he has sold 13k worth of days off which is 28!
Last edited by Enzo999; 1st August 2017 at 05:12.
Joined: Aug 2010
Posts: 238
Likes: 0
From: London
I don't disagree it's a great company, good job and decent package but the figures you are quoting of take home £4500 plus a month makes it the best paid year one F/O job in the U.K.
I would say your loan repayment is more than 350 a month. People are asking what they can expect to take home if they took the job now, your pay is not representative of what new joiners will expect, telling them what you earn is irrelevant, what they want to know is what they will earn and for that they can refer to my figures above. (You are welcome to correct me on the figures but I am 100% sure they are correct).
I would say your loan repayment is more than 350 a month. People are asking what they can expect to take home if they took the job now, your pay is not representative of what new joiners will expect, telling them what you earn is irrelevant, what they want to know is what they will earn and for that they can refer to my figures above. (You are welcome to correct me on the figures but I am 100% sure they are correct).
Joined: Mar 2017
Posts: 134
Likes: 0
From: London
It's not difficult , so without the payment joining with over 1500hrs you will go onto a full time contract because we are very under crewed and have 15 extra airframes arriving in the next few years , you will most definitely be doing nearly 800 hours a year (absolutely maxed in the summer)
Basic is 54500
Flight pay is 15.22ph
54500+12176= £66676(before tax)
Obviously you can sell your soul if you want , you can make good money .
Also 8% pension which I believe is better than easy
Basic is 54500
Flight pay is 15.22ph
54500+12176= £66676(before tax)
Obviously you can sell your soul if you want , you can make good money .
Also 8% pension which I believe is better than easy
Joined: Jan 2015
Posts: 387
Likes: 1
From: Centre of Universe
if Monarch have crewing levels correct you won't get any
Very few airlines get their Crewing levels correct. to cover 3 flights a day you need morning/afternoon and night standby. If you have a pilot willing to sell his day off you only need 1 or 2 at the most.
The likes of Thomson and others have been doing this for years (and i mean years) very successfully. As long as the bean counters get their heads round the benefits e.g. how much does it cost to charter a Titan 767 vv paying a Pilot £500 then everyone's a winner
Last edited by Twiglet1; 1st August 2017 at 15:26. Reason: addition
Joined: Aug 2010
Posts: 238
Likes: 0
From: London
It's not difficult , so without the payment joining with over 1500hrs you will go onto a full time contract because we are very under crewed and have 15 extra airframes arriving in the next few years , you will most definitely be doing nearly 800 hours a year (absolutely maxed in the summer)
Basic is 54500
Flight pay is 15.22ph
54500+12176= £66676(before tax)
Obviously you can sell your soul if you want , you can make good money .
Also 8% pension which I believe is better than easy
Basic is 54500
Flight pay is 15.22ph
54500+12176= £66676(before tax)
Obviously you can sell your soul if you want , you can make good money .
Also 8% pension which I believe is better than easy
Joined: Oct 2004
Posts: 163
Likes: 0
From: LGW
Enzo999
Whilst your intentions are good the information you provide is incorrect on several fronts.
In general the company has always relied on DOWP and this year is no different, if not even more. With the fleet changing from Airbus to Boeing the next few years will be busy for everybody. Though I agree that the winters are quiet, once people go for their B737 type rating the work will have to be done by the remaining pilots. Several pilots have been sitting at 90 hours a month the whole of last winter!
Whilst your intentions are good the information you provide is incorrect on several fronts.
In general the company has always relied on DOWP and this year is no different, if not even more. With the fleet changing from Airbus to Boeing the next few years will be busy for everybody. Though I agree that the winters are quiet, once people go for their B737 type rating the work will have to be done by the remaining pilots. Several pilots have been sitting at 90 hours a month the whole of last winter!
Joined: Jan 2015
Posts: 387
Likes: 1
From: Centre of Universe
7 in 28 so the law does not allow you to sell days off
who nearly sunk them
Joined: Jan 2013
Posts: 81
Likes: 1
From: Anywhere
Boeing rescues Monarch with new £165m fleet deal
Investment (sale and leaseback) by a company of which you are a customer is not a solid platform for the future.
Investment (sale and leaseback) by a company of which you are a customer is not a solid platform for the future.