Originally Posted by
Rock
Per diem? International override (yeah, some 75 trips are international). Why 9.3% for state income tax? I don't believe that is average. I believe it is a lot highet than average. And if you are looking for exact numbers (you seem to be) why not calculate the impact of maximizing your pre tax deductions?
Also, why quit with the lowest paying seat in the lowest paying airplane? Why not do that for all seats and determine a mean for all 4000+ FedEx pilots. Over the course of 6-10 years, that will probably be a more useful number for a crew force in which a majority won't remain in the right seat of the 75 for the duration of the contract.
The 9.3% is for that income range in CA. it wasn't average for the U.S. People would need to determine their rate. PerDiem isn't much different but you can include it-- extra.10 or .15 cents. International override adds $1 per credit hour and is taxable. So add .69 minus your state tax rate minus Union dues etc. I picked 757 FO albeit at a higher year because that's what the Q&A Alpa medical cost projection used.
But I did indeed do it for other seats at random. Take away the 9.3% completely if you are from Florida Tenn etc. Remember to change average to 34% for federal if making over 230000. Also add 0.9% to Medicare tax if making over 200k. But in every case the raise is lower.