Snake in the Grass
#21
Some more food for thought:
At CDG, even with "tax equalization" and the $2700 allowance, a senior wb CPT's buying power would be about the same as a senior wb FO in the US.
Here's the logic: 30% hit on the exchange rate ( $1 = ~0.7Euro, the Euro was originaly set at 1 to 1 about 6 years ago) and an extra 10% sales tax in europe (20% VAT vs 10% sales tax)
($225/hr X 74 hr + $2700) X 0.6 / 74 = $156.89/hr
($194/hr X 74 hr +2700) X 0.6 / 74 = $138.29/hr
A senior nb CPT's buying power be about the same as a senior nb FO in the states.
We still haven't talked about the cost of schooling, gas, housing, etc.
Don't think the CDG CPT seats will go senior at all.
At CDG, even with "tax equalization" and the $2700 allowance, a senior wb CPT's buying power would be about the same as a senior wb FO in the US.
Here's the logic: 30% hit on the exchange rate ( $1 = ~0.7Euro, the Euro was originaly set at 1 to 1 about 6 years ago) and an extra 10% sales tax in europe (20% VAT vs 10% sales tax)
($225/hr X 74 hr + $2700) X 0.6 / 74 = $156.89/hr
($194/hr X 74 hr +2700) X 0.6 / 74 = $138.29/hr
A senior nb CPT's buying power be about the same as a senior nb FO in the states.
We still haven't talked about the cost of schooling, gas, housing, etc.
Don't think the CDG CPT seats will go senior at all.
#22
You may have military requirements, but the company can request the military to defer your obligation (see the attachment from the CBA below). Unless you are going to be deployed by the military or going to war, you could be deferred from military service, which will extend you getting your 20 yrs military servce. I am anxious to see how the company nose butts the military on this one. Time to call your congressman for help.
CBA 13.D.2 states, "When warranted by operational needs, the Company may request appropriate military or government authorities to defer a pilot's military service. Once notified of a FDA assignment, a pilot shall advise the appropriate military authorities in writing of his expected absence from the country."
CBA 13.D.2 states, "When warranted by operational needs, the Company may request appropriate military or government authorities to defer a pilot's military service. Once notified of a FDA assignment, a pilot shall advise the appropriate military authorities in writing of his expected absence from the country."
#23
Who says they didn't? We may not agree with them, but they aren't stupid people by any stretch of the imagination. Anything we have thought of, they likely have already thought of prior to sending it out. If they don't think of it, the lawyers fill in the gaps for them. Same goes for the company. Sometimes the answer is so disturbing we choose to look the other way: the mec considered everything and sent it out anyway. We have to ask ourselves what is the agenda and whom does it serve best?
#24
Gets Weekends Off
Joined: Feb 2006
Posts: 1,068
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#25
Gets Weekends Off
Joined: Sep 2006
Posts: 118
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Here's a quick clip of what HKG 20,000 (US $2,666 - company offering $2,700) will get you ...
Hong Kong Apartment http://youtube.com/watch?v=JVtSvNTecvY
If you listen up, you can hear her say "540 sq. ft., 20,000". She later cut off the video, saying prior permission of the owner was needed. So, there's your freaking "luxury", folks ... note only 2 burners on the stove, mini-microwave, mini-fridge, kitchenette (and that's a stretch).
Can you hear me now?
PS: You have to put up three months' rent in advance, PLUS pay the agent's commission of 5% of the annual rent (or 1/2 a month's rent, whichever is less). That's for a lease of over 3 months. For a short-term lease (3 months or less, the commission (out of YOUR pocket, folks), is 10% or 1/2 a month's rent. Did you also note the teeny little glass-top table? That's not a decor item, folks, that's your dining room table. So this is what Webb considers "luxury" digs in a "luxury area"? Spare me. Here's the link to that particular complex: http://conventionplazaapartments.com/ Check it out for yourself.
Hong Kong Apartment http://youtube.com/watch?v=JVtSvNTecvY
If you listen up, you can hear her say "540 sq. ft., 20,000". She later cut off the video, saying prior permission of the owner was needed. So, there's your freaking "luxury", folks ... note only 2 burners on the stove, mini-microwave, mini-fridge, kitchenette (and that's a stretch).
Can you hear me now?
PS: You have to put up three months' rent in advance, PLUS pay the agent's commission of 5% of the annual rent (or 1/2 a month's rent, whichever is less). That's for a lease of over 3 months. For a short-term lease (3 months or less, the commission (out of YOUR pocket, folks), is 10% or 1/2 a month's rent. Did you also note the teeny little glass-top table? That's not a decor item, folks, that's your dining room table. So this is what Webb considers "luxury" digs in a "luxury area"? Spare me. Here's the link to that particular complex: http://conventionplazaapartments.com/ Check it out for yourself.
#26
Gets Weekends Off
Joined: Sep 2006
Posts: 118
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Examples from that one complex: rent a basic 1-BR, HKG 25,000 (US $3,333/mo.); with any kind of a view that goes up to 38,000 ($5,067/mo.). To buy a 3-BR is HKG 19 million (US $2.5 million), and let's see how far your $1,200 buying allowance goes on that, huh? To rent a 3-BR is HKG 80K (nearly US $10.7K PER MONTH). Two-BR (rock-bottom for most of us) rents for HKG 46,000 (US $6,100+), for 1,200 sq.ft.
So, to move into a 3-BR, you're coughing up $32,000, PLUS the agent's fees, right up front. How's that $10K seed money look now? More than just a little anemic, isn't it?
Sorry if you've seen this on other threads, but we're trying to get this info out to as many people as possible. Not all people read every thread, so thanks for your patience.
So, to move into a 3-BR, you're coughing up $32,000, PLUS the agent's fees, right up front. How's that $10K seed money look now? More than just a little anemic, isn't it?
Sorry if you've seen this on other threads, but we're trying to get this info out to as many people as possible. Not all people read every thread, so thanks for your patience.
#28
So what is the rent in the more reasonable parts of town????
And what is "Past...."??
#30
Gets Weekends Off
Joined: Jul 2006
Posts: 1,306
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From: 767 Cap
Oddly enough, most of the world does not live in huge single family homes, like us. If you want US standard housing, you'd better stay in the US or go to some third world backwater, where the dollar might actually buy something (like SFS.)
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