The Flybe thing died a while back. A mate of mine is a captain on the 145. Well, he was, now he's transitioning to the Q400.
He had a really hard time hiding his suprise at what my pay was when we talked about it about 12 months ago. I'm on year 6, CA pay at ZW.
In the EU, they tend to start the FO's off at a much better salary than the US. But you have to remember that it costs a lot more to get your ATPL and more often than not you'll also have to pay for a 737/320 type to get your first job.