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Emirates Captain Pay??
- Thread starter bigbird
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The base pay for a starting captain at Emirates (all equipment is paid at the same rate) would include:
· Base Pay: approximately $98,000/yr - (this is the portion of your pay that you would get every month and on which your provident scheme is based - min 5% is your contribution with the company contribution at 12%. There is a vesting scheme for you to access the company contribution with 100% available after 7 years service.) There is a non-guaranteed annual increment of 3% per year.
· Flight Pay: $12/hr for captains - calculated on the scheduled time that you actually fly up to the threshold to receive overtime payment. This is not included in calculations of your provident scheme. This has no increment and is paid to all captains regardless of time of service. Example: In a 30 day month, the threshold to receive overtime is 76 scheduled block hours. If you are scheduled for 76 hours or more, you will receive about $920 in flight pay. Leave and training has zero credit for pay so in months where you have leave or training, your flight pay may be something less.
In addition, overtime for captains is paid at $125/hr regardless of years of service. The monthly threshold for overtime is based on the number of days in the month (30 days – 76 hours) and is calculated on scheduled block hours. Again, leave and training are not credited for pay. (neither is time spent on reserve)
Per diem is a non issue as meal allowances are only paid at layover stations and are calculated based on the cost of discounted meals at the layover hotel. You won’t save much from your per diem.
Exchange Rate Protection (ERP). This is an allowance to supposedly protect pilots from countries with non US dollar based currencies from currency fluctuations. It is not available to Americans (the UAE dirham is tied to the US dollar). Your colleagues from other countries will earn approximately$500-700 more per month than you. The value or unfairness of this is twofold and depends on your situation: we all have to live and spend in Dubai yet some are paid more. On the other hand, some have watched their earnings and savings (provident fund) fall by 40% against their home currency (even with pay raises) over the last few years. Either way, the formula is based on the value of one’s home currency against the dollar and is calculated such that the longer the dollar stays weak, the less ERP one receives with the allowance decreasing to zero if enough time passes with a falling dollar.
Other variables include company provided housing vs. housing allowances, education allowances for children and the rate of inflation in Dubai (currently running between 10 and 20% annually, depending who you talk to). To my thinking, the value of your package is directly related to what you have in your pocket at the end of the month. The Emirates website should have fairly accurate pay information (www.emirates.com). It would be up to you to compare what you have with what you would get here and decide if it makes sense for you. Good Luck.
· Base Pay: approximately $98,000/yr - (this is the portion of your pay that you would get every month and on which your provident scheme is based - min 5% is your contribution with the company contribution at 12%. There is a vesting scheme for you to access the company contribution with 100% available after 7 years service.) There is a non-guaranteed annual increment of 3% per year.
· Flight Pay: $12/hr for captains - calculated on the scheduled time that you actually fly up to the threshold to receive overtime payment. This is not included in calculations of your provident scheme. This has no increment and is paid to all captains regardless of time of service. Example: In a 30 day month, the threshold to receive overtime is 76 scheduled block hours. If you are scheduled for 76 hours or more, you will receive about $920 in flight pay. Leave and training has zero credit for pay so in months where you have leave or training, your flight pay may be something less.
In addition, overtime for captains is paid at $125/hr regardless of years of service. The monthly threshold for overtime is based on the number of days in the month (30 days – 76 hours) and is calculated on scheduled block hours. Again, leave and training are not credited for pay. (neither is time spent on reserve)
Per diem is a non issue as meal allowances are only paid at layover stations and are calculated based on the cost of discounted meals at the layover hotel. You won’t save much from your per diem.
Exchange Rate Protection (ERP). This is an allowance to supposedly protect pilots from countries with non US dollar based currencies from currency fluctuations. It is not available to Americans (the UAE dirham is tied to the US dollar). Your colleagues from other countries will earn approximately$500-700 more per month than you. The value or unfairness of this is twofold and depends on your situation: we all have to live and spend in Dubai yet some are paid more. On the other hand, some have watched their earnings and savings (provident fund) fall by 40% against their home currency (even with pay raises) over the last few years. Either way, the formula is based on the value of one’s home currency against the dollar and is calculated such that the longer the dollar stays weak, the less ERP one receives with the allowance decreasing to zero if enough time passes with a falling dollar.
Other variables include company provided housing vs. housing allowances, education allowances for children and the rate of inflation in Dubai (currently running between 10 and 20% annually, depending who you talk to). To my thinking, the value of your package is directly related to what you have in your pocket at the end of the month. The Emirates website should have fairly accurate pay information (www.emirates.com). It would be up to you to compare what you have with what you would get here and decide if it makes sense for you. Good Luck.
typhoonpilot
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Nolife
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Spent about an hour checking out the website. Looks like a cool place to work. Deep pockets and Dubai seems nice. Looks like they'll be hiring for some time once that big order starts to come in.
Any family guys care to chime in regarding family life there... school in country for little ones, entertainment, sports, security of home while you're away, etc. I spent some time in Saudi and wouldn't want to subject my wife to their lifestyle if I could help it.
Any family guys care to chime in regarding family life there... school in country for little ones, entertainment, sports, security of home while you're away, etc. I spent some time in Saudi and wouldn't want to subject my wife to their lifestyle if I could help it.
typhoonpilot
Daddy
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Number one is that it is night and day difference to Saudi Arabia. I lived in Jeddah for the better part of a year so I do have a valid comparison.
There are currently 3 American schools as well as numerous British and International schools. They would be rated as better than most public schools in the U.S.. There are numerous activities for kids including Cub/Boy Scouts, baseball, soccer, swimming, etc., etc.
Security is good in Dubai. While there are gated communities in some places, most villas are on regular neighborhood streets. The typical villa has an outside fence or wall. Break-ins do happen, but it is almost always just petty thieves. Violent crime exists, but not targeted against expats. Generally it is far safer in Dubai than in the USA.
The one safety concern that seems to bother people most is road safety. There are some pretty wacko driving stunts in the country and the accident rate is high. If you look at the statistics, half of the fatalities are UAE locals. This while they make up less than 20% of the population. Unfortunately they take out the occasional innocent bystander in the process of killing themselves.
Socially the expat life tends to be more active than a life at home in the USA. Lots of BBQs and get togethers. Dubai itself has numerous world class events including Tennis, Golf, Horse Racing, and concerts.
Typhoonpilot
Schools - a lot of good to v. good pvt schools all supplemented by the package.
Entertainment - lots to do, its a tourist destination as well as a business hub so they cater to all.
Sports - its on the water so all you need there. School sports more Euro centric i.e. soccer, rugby.
Security of home - nothing too much different than anywhere else. Lock the doors.
This is not Saudi - trust me. It is the Middle East and as such a healthy ability to interact and embrace with different cultures is important.
Growth - 'nuff said.
Hope it helps. Lot of happy people out here some not - like anywhere. I take my cue from the majority.
Respectfully,
fareview
Yea you dont have to pay Dubai, but you still have to pay Uncle Sam if you're a US citizen. (This is in general, theres some percentage rule about how much you pay...but you still pay)
typhoonpilot
Daddy
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:erm:
Please read the instructions for IRS form 2555.
The foreign earned income exclusion, housing exclusion, plus normal deductions means you have to make well over $100,000/year to even need to think about paying Uncle Sam a penny.
Typhoonpilot
Richard Gozinya
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atpcliff
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Richard Gozinya
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Cliff,
Can you give me any insight into what the living arraignments would be like if I brought my wife. Apartment or what? Size, baths that kind of stuff. Do they have an initial allowance to get set up? How much do we bring from the states? We will surely have grand kids in the next few years, what if she comes to the states 4 or 5 times a year for a couple of weeks at a shot?
Can you give me any insight into what the living arraignments would be like if I brought my wife. Apartment or what? Size, baths that kind of stuff. Do they have an initial allowance to get set up? How much do we bring from the states? We will surely have grand kids in the next few years, what if she comes to the states 4 or 5 times a year for a couple of weeks at a shot?
higherflyer
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If you are coming over as a married FO without kids, you will get an apartment-- most likely 3 bedroom and of good standard. If you have kids at home, you will get a villa. Captains will get a villa with or without kids.
You can take the apartment furnished if you would like, or they will give you an allowance to furnish the place (AED30,000 or about US$8000). You will get to ship a couple of hundred pounds of airfreight at EK's expense.
The wife can travel all she wants. The restriction is how much you are willing to spend on the travel.
Good luck.
You can take the apartment furnished if you would like, or they will give you an allowance to furnish the place (AED30,000 or about US$8000). You will get to ship a couple of hundred pounds of airfreight at EK's expense.
The wife can travel all she wants. The restriction is how much you are willing to spend on the travel.
Good luck.
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