Originally Posted by
gzsg
And we have management on here saying regional first officers should not start at $100,000/year.
The party is over. We will no longer tolerate this nonsense. A college degree, $100,000 of training and the years to get 1500 hours of experience will yield a minimum of $100,000.
As with welders, it's simple supply and demand.
What a professional pays is not directly linked to the cost of entry (cost being time and money).
It also depends on the desirability of the job itself (fun factor), social prestige (people will work for less if what they are doing is regarded highly), and most importantly supply and demand.
The welders have a low cost of entry but other than that it's not a particularly fun job (industrial welding), it has low prestige, and right now demand is high.
Pilots are falling all over themselves to fly for next to nothing because all of the factors I just mentioned for welders apply in reverse to pilots.