Originally Posted by
Sputnik
I don't think that's covered in indoc. It works out to a percentage of your income. Last year as 16.4%. This year consensus WAG seems to be around 20%
Originally Posted by
TNDeltaFlyboy
I can't answer how the percentage is calculated, however, an email a few days ago from the company said it would above 21%.
So, add these paycheck lines together. FLT ADV, FLT PAY, and REGULAR. That represents what the final PS percentage is multiplied against to get your base payout.
Take out 25% Fed withholding, your state taxes, 7.65% FICA taxes, ALPA's 1.85%, and DPMA dues. Add in deductions for 401k and HSA contributions and you'll get a good picture of what you'll take home.
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Thanks for the info. If anyone knows how the percentage is calculated from pre-tax income, let me know. I know it involves 10% of profit up to $2.5 bil then 20% of any profit over $2.5 bil. I think all that goes back to the employees, but not sure how that works out to the actual percentages above.