Originally Posted by
fairhsa
As someone who lives in HK, I find it ludicrous that pilots are getting this much in housing allowance. Thats more than the entire salary of many of my top managers - who then have to live as well as find housing for those amounts. Other than bankers, most people in HK live on salaries well under these levels and just adjust their living accordingly - basically live in a smaller flat! It's a choice for those of us have to figure out.
These contracts were given decades ago, pre-1997 mostly, when noone wanted to live in HK and Cathay needed to offer some incentives. Much of unionised Europe / USA is also finding out its hard to get people off these kind of deals down the line. You'll be glad to know no newly employed pilot is getting anywhere close to that.