Originally Posted by
Excargodog
W-2s aren’t everything. Anyone who believes that a tax advantaged dollar paid out in per diem or into a 401 K is somehow LESS valuable than a dollar on the W-2 is simply misinformed and perhaps ought to either take a basic tax management course or just pay Fidelity or Vanguard the half percent to let them manage their money. I will concede that the tax advantage difference is relatively unimportant your first few years (unless you are joint filing with a spouse who out earns you) but eventually it makes a huge difference - even as a senior FO.
Something hopefully everyone understands during contract negotiations and voting on a new CBA.
401k DC is great but it doesn’t pay my mortgage or my bills therefore it’s kinda hard to consider it compensation. If you ask any non pilot what they make they usually don’t include their 401k in their answer.