Remuneration/perks of an airline up-north from here:
Capt salary HK$3 million +Outport allowence + profit share+bonus+housing+education + Gold bars on anniversary.
Pilots may take 15.5% retirement contribution as taxable cash salary
Co. covers 70% of international school fees for children, or 90% if they go to English Foundation School (a local and cheaper version of international school)
Housing allowance for HKG-based pilots only
This allowance may go to property purchased or rented in Hong Kong
2 types of allowances: (a) the cash housing allowance which is $14,000, $18,000 or 24,000 HKD (dependent on position and years of service, or the mortgage allowance, which is variable/fixed, currently at $5,800/mo.
15% tax rate in Hong Kong.
Amazing eh?.