Go Back  Airline Pilot Central Forums > Airline Pilot Forums > Foreign
Qatar/Emirates Calculator >

Qatar/Emirates Calculator

Search

Notices
Foreign Airlines that hire U.S. pilots

Qatar/Emirates Calculator

Thread Tools
 
Search this Thread
 
Old 07-14-2012 | 12:50 AM
  #1  
Thread Starter
Gets Weekends Off
 
Joined: Feb 2008
Posts: 111
Likes: 0
Default Qatar/Emirates Salary Calculator

To those who are considering a career move to QR or EK...

I've created and compensation calculator in Excel, which will allow you to calculate you monthly/yearly salary for Qatar Airways and Emirates Airlines. You can also calculate EOSG for both airlines. Emirates Airlines also has a Provident Fund Scheme, which is also included. The worksheet is free of charge. Enjoy!

You can find the link here....

http://www.2shared.com/document/sDlo...alculator.html

There are 2 "Download" buttons displayed. Click the smaller "Download" button. DO NOT CLICK THE LARGER "DOWNLOAD" BUTTON

Last edited by av8tordude; 07-14-2012 at 01:28 AM.
Reply
Old 07-14-2012 | 01:39 AM
  #2  
Thread Starter
Gets Weekends Off
 
Joined: Feb 2008
Posts: 111
Likes: 0
Default

The above link is broken...

http://www.2shared.com/document/xXIX...alculator.html

Last edited by av8tordude; 07-14-2012 at 01:52 AM.
Reply
Old 07-14-2012 | 07:37 AM
  #3  
Line Holder
 
Joined: Jun 2006
Posts: 76
Likes: 0
Default

One mistake with the EK figures is that you are actually fully vested in the Provident Fund after 7 years not 10. Besides that, nice job. Thanks for the info.

So Qatar does'nt have a Provident Fund or something similar?
Reply
Old 07-14-2012 | 09:13 AM
  #4  
Thread Starter
Gets Weekends Off
 
Joined: Feb 2008
Posts: 111
Likes: 0
Default

Originally Posted by motojet
One mistake with the EK figures is that you are actually fully vested in the Provident Fund after 7 years not 10. Besides that, nice job. Thanks for the info.

So Qatar does'nt have a Provident Fund or something similar?
Qatar does not have a Provident Fund.

Had EK change their policy? Per Emirates Pilot Briefing Document,

9.1 Benefits paid upon termination of employment

Less than 5 years service:
Provident Scheme benefit accumulated on employee's contributions only, plus ESOG Benefit, calculated at 21 days basic salary, per year service

Over 5 years service and less than 7 years service:
Provident Scheme benefit accumulated on employee's contributions, plus

Higher of either:

75% of the accumulated market value of Company's contribution
OR
End of Service Benefit calculated at 30 days basic salary, per year of service

More than 7 years service

Provident Scheme Benefit accumulated on employee's contribution, Plus 100% of the accumulated market value of Company's contribution.
I did not include the employee's contributions in the calculation as this is your money regardless of your tenure at the company.
Reply
Old 07-16-2012 | 12:50 AM
  #5  
PILOTGUY's Avatar
Gets Weekends Off
 
Joined: Jun 2005
Posts: 522
Likes: 0
Default

You MUST contribute 5% in order to get the 12% from EK, or after 10 years, the 15%.
The EK contributions are 100% vested after 7 years.

Nice work though. Thanks!!

Last edited by PILOTGUY; 07-16-2012 at 12:57 AM. Reason: Missing something.
Reply
Old 07-16-2012 | 03:27 AM
  #6  
Gets Weekends Off
 
Joined: May 2009
Posts: 100
Likes: 0
Default

The formula is wrong for all your 28 day EOSG entitlement calculations (you're still using the 21 day formula)
Reply
Old 07-16-2012 | 11:10 AM
  #7  
Thread Starter
Gets Weekends Off
 
Joined: Feb 2008
Posts: 111
Likes: 0
Default

The error has been corrected, so it should be display correctly. You can find the link here...

http://www.2shared.com/document/vOVb...alculator.html
Reply
Old 07-16-2012 | 11:36 AM
  #8  
On Reserve
 
Joined: Oct 2011
Posts: 22
Likes: 0
From: right side
Default

Originally Posted by av8tordude
To those who are considering a career move to QR or EK...

I've created and compensation calculator in Excel, which will allow you to calculate you monthly/yearly salary for Qatar Airways and Emirates Airlines. You can also calculate EOSG for both airlines. Emirates Airlines also has a Provident Fund Scheme, which is also included. The worksheet is free of charge. Enjoy!

You can find the link here....

http://www.2shared.com/document/sDlo...alculator.html

There are 2 "Download" buttons displayed. Click the smaller "Download" button. DO NOT CLICK THE LARGER "DOWNLOAD" BUTTON


You are the man
Reply
Old 07-16-2012 | 08:25 PM
  #9  
Gets Weekends Off
 
Joined: May 2009
Posts: 100
Likes: 0
Default

I'm not sure you're calculating the EOSG correctly. I don't work for either airline but most similar schemes are based on your final salary.

For example if you did 3 years as an FO and 10 years as a Captain at QR I think you'd get $134,500. Not the $95,000 you calculate.
Reply
Old 07-29-2012 | 02:24 PM
  #10  
New Hire
 
Joined: Jul 2012
Posts: 3
Likes: 0
Default

Hey avi8torDude thats quite a neat excel program you created. Would be nice if you could add Etihad Airways to your program.

Thanks
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
UAL T38 Phlyer
United
5
05-28-2012 04:38 PM
Tech Maven
Money Talk
0
01-07-2009 08:57 PM
HalinTexas
Major
1
12-27-2007 06:45 AM
HSLD
Hangar Talk
1
04-17-2007 06:19 AM
daytonaflyer
Money Talk
3
01-26-2007 12:18 AM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices