Old 12-11-2018, 05:39 AM
  #64  
FL370esq
Gets Weekends Off
 
Joined APC: Jun 2015
Posts: 3,117
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Originally Posted by ShyGuy View Post
People should really stop adding 401k and PS to the gross. It would paint a more accurate picture when it comes to hourly rates and monthly credit hours. If you want to list the 401k and PS figures, fine but do it in a separate column.
At Delta, you are getting that 16% regardless, maybe it is different for AA?

So.....let's try this again and upgrade the basic math:

2018 A350 Capt rate: $340.24/hr

2018 A350 Capt rate w/16% DC contribution: $340.24 + $54.44 = $394.68/hr

In order to gross $1,000,000.00 on your W-2, you would need to fly an average of:

Straight rate: *245 hours a month, each and every month, for all 12 months of 2018.

w/16% DC: *211 hours a month, each and every month, for all 12 months of 2018.

* Calculated averages also need to be lowered based upon February 2018 Profit Sharing payout of roughly 15% of 2017 base pay.
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