Easyjet Captain Pay
 

Ok before you all shoot me down in flames I have looked on the search function. I thought there had been a recent pay review, and I have looked at the website re terms and conditions.

All this aside can someone who actually is a current Captain with Easyjet provide some factual details on your current salary package both before and after tax. Is it still possible for a 737 Command at LGW ?

Much appreciated.

Details of the pay are on the easyJet.com website, under jobs.
And with regards to a 737 command at LGW, might be a bit tricky as it's an Airbus base.
Only bases with the 737 are Luton, Newcastle and Belfast.

I see the Captains pay at easyJet can be very generous:)

Are you a captain yourself 2XL?

From October basic £73792 plus approx £700 net sector pay = approximately £4850 take home. Food/tea/coffee/water is free. New roster pattern from November 5/3/5/4.

A better place to be than FR in my opinion (I've worked for both).

Also, after 2 years you get a 5% 'loyalty' bonus and 10% after 5 years. This is taxable but not pensionable. This was almost added into basic pay during the last pay negotiations and would be a very popular aim during the next negotiations later in 2007
This means a Captain who has been at Easy for 5 years will have a basic of around £73.5K, a gross sector pay of around £11k and a loyalty bonus of about £7.3K. Total pay excluding company pension contribution will be about £92 000 from October this year.
Whether you are pro or anti Easyjet or Ryanair thanks to BALPA and a new CEO easyjet are very slowly starting to get their ducks in a row, although man power levels are as bad as always.

I have done some calculations and from October - which is when the second round of the pay award kicks in (and also the earliest you are likely to be in easyJet!) I can give you some figures. The first 6 months after your final line check is paid at 90% basic but with full allowances. I do not want to get into a big discussion about whether it is just or not - like it or not that is the deal! Assuming you fly around 500 sectors per annum (a pretty good average around the bases), your effective gross pay after 6 months will be £89,000. Furthermore, it will rise to just under £93,000 after 2 years, about £96,500 after 5 years and about £100,000 after 10 years due to the loyalty bonus which is paid annually. In addition you will receive 7% of basic pay (£73792) into your pension plus receive loss of licence protection. (They will put in 9% unless you state otherwise but you will lose that extra 2% off your basic pay).

There are countless websites that will convert that into an accurate after-tax figure but I reckon about £4,800 after tax per month is about right on £89,000 per annum.

I hope that helps.

Norman,

Could you PM me with regards to your quote above about no tax if based in Germany? I'm currently at STN & considering a move there (Girlfriend/future Wife is German).

Cheers,

FT

Edited due to crappy spelling!

Please no fundamental rumours about tax in Germany. There is a "Double tax agreement" in force. It does NOT always mean you pay NO tax!:=
There are quite a lot of variables and different, individual cases.
True is, the official "double tax agreement" means considerable tax reduction!
But, there is always the possible application of "Progressionsvorbehalt" (for german readers)
On the other hand, there are other problems to cover: NIS, Health insurance, state pension!:ooh:

Excellent replies thus far so thanks to all. Yes I am a Captain, and the reason for the post was to sort the facts from the fiction.

NSF and others: you forgot to mention the loyalty bonus can not be considered as part of your salary as it is not guaranteed. Yes, I know it has historically always been paid, as the company has always been in profit, but it is possible you may not get it.

NSF you seem very informed about pay in easy. Do you or any one else know how much you can expect to take home a month in Malpensa as CP. I know you have to pay a surden tax down there but that might be refunded ones you leave the country.
I am currently in FR but seriously considering a change. As you know european salaries in FR are a lot lower than UK. I can expect a pay cut of about £5-700 a month after tax in FR with italian base. Last year my average net take home in FR was £4750, Yes I also thought I was taking home ave near £5000 as many are writing in hear. But the truth all comes out when you get your p60
Please anywise me on the CP malpens net salary in easy anyone

Thank you

Same question but about the monthly salary ,a F/0 bring at home at Easy and Ryan.

Ramsey - the reason I never mentioned the necessity to stay in profit is that if we get to the stage when we are not in profit then the loyalty bonus is the least of your worries!

Regarding basing in Milan, I am not aware of any extra taxes there but others may be able to clarify that - you pay UK tax regardless of where you are based. Therefore the figures quoted apply to Milan as well - we make no distinction between bases. If future bases open in Eastern Europe, then you may find that changes. The other thing to be aware of is that when you join easyJet, you go where the vacancies are. At the moment that is not Milan but probably Gatwick. You then have to wait until a vacancy appears which may take a long time - I do not know the expected wait for Milan at the moment.

Are Easyjet a good company to work for? Everyone on this forum seems to complain about how poorlytheir payed and treated. However this looks different or am i just being naive?

FS

Not quite correct Norman, You will have to pay italian taxes from which you can deduct the UK taxes you paid. The italian tax on a basic salary of 70k would be around 50%, sector pay and duty pay are almost tax free in italy. So after deduction of UK NI and the Italian TFR (7%), a 70k basic and 12k sector and duty pay would give you a take home of around 3600 a month. When you leave the company the taxable TFR will be paid to you.
Italian operators pay a much lower basic and a much higher duty and sector pay, resulting in a higher take home pay!

Thank you NSF and sarah737. Sarah do you know if that is a flatrate tax of 50% or like the UK where it goes up the more the earn? That would increase the takehome if it was.

Ramsey

With the new CEO and COO it looks at least, as things are changing to the positive side. Actualy, things have improved. Staff travel, pay, rostering.
Still long way to go to optimum range (however, what is optimum?) The CC is in steady negotiations, especially for rostering.

MXP:

It is correct, that you will have to pay tax in Italy, but you can reclaim all the tax in the UK (Except for that part of your working time, spent in the UK)

If you spend 5% of your total working time (duty time) in the UK (Recurrent training etc) you will be able to reclaim 95% of your tax paid in the UK.

Tax rate in Italy is about the same as in the UK. And there are legal ways to recude your tax bill.

Itaq

On a Capt salary taxes are a lot higher in Italy than in the UK, claiming UK tax back does not reduce your total taxbill as tax paid in UK is deducted from Italian tax due.

The same question :{