Re: Aer Ryanair !!
...in a lot of sectors "juniors" will be earning a lot less that 30k..
You can get a job in a call centre in Ireland that pays starting salaries of 25K rising to 35K. No investment required in your own training, and no real qualifications necessary.
We also had the junior doctors working crazy hours for years without getting overtime - to be honest I would have had more sympathy with their situation.
Why, are you a junior doctor? The junior doctors received their degree free of charge from the state and don't have to pay any of it back.
If you want another example take law..... very heavy up front costs followed by devilling for a few years with little or no money.
For a Barrister qualification, yes. But not for general Solicitor type qualifications, and again...its all paid for by the taxpayer!
So if a guy like WW could be on 250k p.a. before he was 40 then it's obviously a very lucrative game to be in so that explains why people are prepared so to pay so much to get into the game.
Dear me, weren't you reading? Only perhaps 1% of pilots ever get to that kind of money, even in a company like Aer Lingus where (I'll agree with you) there are too many greedy Chiefs and not enough Indians. Most pilots don't take up the career so they can sit in an office and write memos...they want to fly. Theres no money of the 250K kind in that unfortunately.
Looking at their website it quotes contract pay @ €85 per hour for First officers and €134 for Captains and in the UK Captains start @ STG£89k rising to £102k
Nope, thats NOT what it says...naughty naughty little keano!
Here's what it says!
"Our remuneration package includes a basic salary and sector pay. Captains joining Ryanair in the UK, for instance, can earn up to Stg£88,700 in the first year, rising to Stg.£102,140.
A senior first officer with 3 years' service can earn up to Stg.£70,620."
Note 'Can Earn', and Note 'Up To'.
And 'Rising to'...over how long?
Where did you get that 85 euro per hour figure? I can't find it anywhere. Do show!
The fact is that, whatever they put on the website to impress...its not what they offer when you are presented with a contract. The new joiner F/O receives a basic salary of around 20K per annum (before tax) and gets around 10K in sector pay. Thats it. And it only applies if you are already type rated and therefore earning anything, if not type rated...you get NOTHING, and you have to pay Ryanair for your type-training, around 30K last time I checked).
Hmmm.. that certainly isn't what I would call fantastic pay, especially since you haven't deducted all the extras such as loan repayments for training, uniform, medicals, pension, various other insurances and health schemes etc. that most employees would expect as part of a normal package.
Our roster pattern lets you plan with certainty. 5 on, 3 off. They can't actually work you any harder without breaking annual hours limits within the first 9 months of the year because each duty day is so long.
Fixed Days Off. Whooppedooo
No scheduled overnights, circumstances permitting. And if you are overnighting...pay for your own hotel.
Unrivalled Career Progression Yes, and a chance to escape will hopefully arrive all the sooner.
Potential for command within 3 years. And when you get it you'll be sent to Hahn, or Stansted...like it or not. Bye Bye kids.
Pension Plan. Company matches first 5% contribution from basic salary. Crap deal.
Loss of Licence Insurance Cover- €190,000 I'm looking at the webpage here and it says 100,000euro Okeano! Is it decreasing or are you exagerating? Either way...its Way below industry standard.
5 Year Agreement on pay, benefits and share options Which they've broken, causing union formation to procede apace.
Share Option Scheme In which you can't actually sell the shares...the shares aren't free, you pay for them, and their value has dropped dramatically over the last 2 years.
Excellent Flight Benefits 10% reduction on Ryanair flights...WOW!