Not my work but reposting from a friend!-
I suppose Southern Air 737 New Hires will be tempted by our CBA. $61.22/hr @ 61 hours maximum. = $44,0000 a year. Plus a commute to CVG with only a few jump seat options. A CVG jump seat is a rare jewel in the industry. Delta closed a crew base, ASTAR closed a crew base, ABX reduced a crew base, ATI reduced a crew base. Unfortunately, Cincinnati is not a home sellers dream. So, lots and lots of commuting pilots.
Regional Airlines are Offering Signing and Retention Bonuses to Pilots
Jul 26 paul
The acute shortage of pilots qualified to fly for the airlines is causing regional airlines to offer huge signing bonuses to pilots. Airlines are offering substantial incentives to their pilots to stay at that airline and not leave for other airlines. Comparisons of these incentives are shown in the table below.
The table also shows the effect of the incentives on beginning pay for newly hired first officers. Incentives such as Endeavor’s 4-year Pilot Retention Program also pay dividends well past the beginning of a new pilot’s career.
Flying for the airlines has always been one of the most desirable careers available, and now the airline industry is beginning to make the career more attractive and attainable. Explore aviation as a career choice and you will see that the return-on-investment is the best of any career available today.
One way to make that critical investment in an aviation career a successful one is to obtain the most efficient and time-proven Airline Career-path flight training offered today. When your career depends on it choose ATP, the proven provider of pilots the airlines prefer to hire.
Airline Signing/Retention Program Effective Wages Year One
Endeavor $10,000 Training Completion Bonus + 20,000 Retention Bonus. After year one, all Endeavor pilots earn up to $23,000 each year in annual retention payments through 2018 $60,600
Silver $5,000 ATP Tuition Reimbursement as CFI plus $6,000 Retention Bonus OR a $12,000 Signing Bonus $40,600
GoJet $5,000 ATP Tuition Reimbursement as CFI plus $6,000 Retention Bonus OR a $12,000 signing bonus. $3,000 bonus for RJ Type Rating, $10,000 in bonuses if the company reaches pilot hiring targets, $10,000 Pilot Referral Fee. $64,512
Piedmont $5,000 ATP Tuition Reimbursement as CFI plus $6,000 Retention Bonus and $4,000 Signing Bonus OR a $16,200 Signing Bonus, $5,000 for Part 121 Experience. $60,600
PSA $21,000 Signing Bonus, $5000 bonus for CRJ Type Rating, $20,000 First Officer retention bonus after one-year anniversary. $60,000
Envoy Air $5,000 ATP Tuition Reimbursement as CFI plus $6,000 Retention Bonus and $11,100 Signing Bonus OR a $22,100 Signing Bonus, $20,000 retention bonus following one year of service, paid in quarterly $2,500 increments $60,700
Republic $10,000 Signing Bonus, $12,500 Signing Bonus for current Part 121 pilots. $53,700
SkyWest $5,000 ATP Tuition Reimbursement as CFI plus $6,000 Retention Bonus $43,200
Mesa $5,000 ATP Tuition Reimbursement as CFI plus $6,000 Retention Bonus and ATP-CTP, Pilots receive $56,000 in incentive compensation during the first 3 years of employment as a First Officer. $30,000 paid after the completion of training if you choose the E-Jet Aircraft, $22,100 paid after the completion of training if you choose the CRJ Aircraft,$8,000 paid after the completion first year of employment, $8,000 paid after the completion second year of employment, $10,000 paid at the completion of third year of employment. $64,780