PPRuNe Forums

PPRuNe Forums (https://www.pprune.org/)
-   Terms and Endearment (https://www.pprune.org/terms-endearment-38/)
-   -   Monarch (https://www.pprune.org/terms-endearment/592692-monarch.html)

Snapper5 1st August 2017 03:47

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

Enzo999 1st August 2017 05:01

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!

Snapper5 1st August 2017 05:48

Just saying how it is mate , wish you could post pictures ,
Just looking at my p60 for 2016 got £52910 after £9768 tax reductions 😫😷
Your at BA now aren't you ?

Enzo999 1st August 2017 06:11

Do your figures include a CTC loan repayment?

Snapper5 1st August 2017 06:13

Yes they do which I completely forgot about !
I'm not entirely sure how much that is a month , probably around £350

Snapper5 1st August 2017 06:14

All in all it's a very good package , the pay might not be as grand as some airlines BUT our scheduling agreement and 2 sector days with lovely crew is worth its weight in gold

Enzo999 1st August 2017 06:32

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).

Snapper5 1st August 2017 11:06

Ctc loan repayment is tax efficient

Snapper5 1st August 2017 14:12

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

Twiglet1 1st August 2017 15:25


if Monarch have crewing levels correct you won't get any
Enzo

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

Enzo999 1st August 2017 15:43


Originally Posted by Snapper5 (Post 9848975)
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

So just to be absolutely clear, the whole "Core/Non Core pilot" thing argeed with BALPA has been scrapped? So absolutely 100% all new joiners will be full time contracts from day 1? This might well have changed since I left in which case I might apply for my job back 😉

Snapper5 1st August 2017 15:55

Word on the grape vine is that new joiners as long as they are over 1500hrs (sfo) are permanent , I can ask from the top If you desire

Flying Torquewrench 1st August 2017 18:28

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!

Twiglet1 2nd August 2017 15:18


7 in 28 so the law does not allow you to sell days off
Forgot to mention that's not strictly correct now either. EASA has no such thing as a day off so it's only the UK Working Time Directive which is 7 days off in the month

Jonty 11th August 2017 14:11

interesting article in todays times about Monarch

ratchetring 11th August 2017 14:48

Nice to see the CEO managed to receive a inflation busting pay rise of 12 per cent this year ...

Slamitin 11th August 2017 15:20

Still 50% less than the last :mad: who nearly sunk them

Snapper5 11th August 2017 18:36

Losses that we expected due to the retirement of the airbus fleet (good old journalists) ,
Yes a juicy pay rise of 12% is a bit frustrating making it around the £550000 mark

Akrapovic 11th August 2017 19:22

You're attributing all those losses to retirement of the Airbus fleet?

MonarchOrBust 12th August 2017 00:11

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.


All times are GMT. The time now is 03:57.


Copyright © 2026 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.