Here is the rough math for a 2nd year A320 F/O: Assumes 72 credit hours month average. Current 104X72X12= 89,856. PS 89856X20%= 17971. Total= 107827.

TA as of 1/1/16: 104X14%= 118.56X72X12= 102,435. PS 102435X10%= 10243+102435= 112,678

107827/112678= 0.0438 or 4.38% raise at 1/1/16