Thread: 57K Bonus
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Old 08-26-2018 | 04:05 PM
  #3  
pilottim
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Joined: Nov 2012
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Originally Posted by DarkSideMoon
It’s 5k day one, 26k after OE, 10K after one year. As far as what you’ll get after taxes that varies based on state and benefits. Contrary to what 90% of pilots acting as amateur accountants might think bonuses aren’t taxed at a higher rate than regular income. However, they may be withheld at a higher rate. Rough guesstimate is about 3k on your first, 16k on the second and 6k on your last.

Not sure where 57k came from.
As you stated, plus $8k for previous type rating paid at completion of IOE. Plus, $8k over year 3 if you haven't upgraded (not paid if you upgrade or bypass).
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