How is Iberia pilot pay built up?
Pay at Iberia is set by the X collective agreement between Iberia and the Iberia section of the pilots' union SEPLA, published on 28 December 2022. Fixed pay includes the base salary, a seniority award, the guaranteed trip premium, two extra payments in July and December, a year end bonus, the captain or co-pilot premium and a supplementary bonus. Variable pay covers extra flight hours, night work and compensation for giving up days off.
The trip premium is calculated monthly, and the guaranteed amount equals 70 hours at the base hourly rate. The agreement has levels from 11 up to 1D, and new pilots join at the bottom level, except experienced hires recruited through a dedicated campaign, who start at level 9.2