Originally Posted by
Jimmy McFlap
Hello everyone,
I've literally read around a hundred pages to gather all the information I may need to make a decision, and the only thing I'd need some help with is the salary for first and second year.
I see the payscale and I've learnt from others that one should only count with minimum guarantee. I certainly agree, but I also need to see the real earning potential, best case scenario I guess you could say.
If hired, and offered an ERJ class, how long could I expect to be on reserve in Denver? counting with the expected deliveries and some post-covid recovery. Any educated guess about total 1st and 2nd year pay?. This is the main question. I like to work extra, IF available of course.
Thanks for your help.
Cheers.
No one is going to really know reserve times for a while. We’re getting a bunch of planes in both fleets. Several bases are growing, including Denver. This could either mean a bunch of new hires staff it from the bottom up (ie you guys are at the bottom and on reserve for a while) or it could get staffed from transfers, meaning you might not even get it for a while. This next year us going to be wild. We’re also losing a lot of people a month now, I bet soon we go back to the 50-60+ once everyone is hiring. An internal report the other day shows lots of people going to spirit, United, cargo, among others.
As for pay. A good rule of thumb is to take your hourly pay rate and multiply by 1000. If you want to be extra conservative, multiply it by 900. You’ll notice 76*12 is 912. A thousand is a safe estimate by the time you accrue per diem and various pilot bonuses. I just did some quick checking. On third year pay $56.58*1000 is $56,580. As a lineholder getting 85-90 average hours a month, including per diem, and subtracting insurance and 401k deductions, and then add the pilot bonuses, I’m on target to take home $55K to $56K (again this is after all deductions for HSA, 401k, insurance, taxes, everything). Pretty spot on. So if you want to err on the cautious side, assuming on reserve not breaking guarantee or picking up extra flying and not getting much per diem, 900 times first year pay may be a good estimate.