Thread: Leave Netjets?
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Old 06-30-2017 | 05:31 AM
  #283  
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jetlag7
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From: CL650
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Originally Posted by Finny McCool
Yes that's how I derived it.

If you prefer total compensation here's a few numbers.

Max small cabin NJA pay: 164 + 6 over 14 year bonus + about 12k soft money ( I made 10k the last year I was there) + 9-12k 401k match depending on age. $194.000 total compensation.

Second year FO: 120 TFP x 100 X 12 = 144 + about 25% B fund and PS = $180,000

In actuality I pick up here and there. I did 140 TFP in May and 130 in June.

With seniority comes the ability to fly more premium. I fly with guys all the time who routinely credit 140-170.

12 year FO: 120 TFP x 172/hr x 12 = $247,680 x 1.25 = $309,600

Same as above but crediting 140 TFP = $361,200


12 year Captain as above 120 TFP @ 245/hr total with B and PS = $441,000

Same as above but crediting 140 TFP = $514,500

Hope that helps.
Thanks Finny -- appreciate it!

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