Thread: Attrition
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Old 01-20-2022 | 05:11 AM
  #504  
Voski
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Originally Posted by 6ix9ineYearFlow
BREAKING NEWS

Avelo Airlines announces a new pay scale and sign-on bonus for new hire Captain and First Officers effective February 1, 2022!

First year Captain pay will be $200 per block hour, and First Officers will start at $90 per hour.

Plus, sign on before June 1, 2022 and you will earn a $20,000 bonus (paid in two installments in your first year of service, with the $5,000 when you finish OE).

All pilots are virtually based and earn an additional $1,800 per month in virtual base pay paid monthly after completion of OE, no matter where you choose to live. Training is paid at first year First Officer rate and includes all accommodations.

In your first year, you’ll earn a minimum of $210,000 as Captain or $117,400 as a First Officer.
Come learn more at their virtual information session via Microsoft Teams: Monday, January 24th at 1600 EST. https://lnkd.in/eyHiGtZp

First 5 year Block Hour Rates

Captain
Year 1 - $200
Year 2 - $205
Year 3 - $210
Year 4 - $215
Year 5 - $220

First Officer
Year 1 - $90
Year 2 - $110
Year 3 - $120
Year 4 - $130
Year 5 - $140

“We’re committed to attracting, rewarding and retaining the industry’s best pilots as we grow Avelo,” said Avelo Chairman and CEO Andrew Levy. “In addition to industry-leading pay, Avelo offers immediate high seniority and a quicker path to the left seat than most other carriers. Couple that with our unique One Crew culture and Soul of Service caring mindset, and Avelo is a great airline to grow your career and an airline you’ll be proud to be a part of.”
Upstart Avelo is even willing to pay their new hires 2x as much (including the bonus) as NK. I don’t think Year 1 pay is going to stymie all attrition, but it has to help in attracting candidates and retaining more than we’re losing now. I’ve tried getting a few friends that would be excellent over here apply, and they can’t do the training pay + 90 days without healthcare. Then, as regional captains, they’re looking at a 50%+ pay cut on top of it.
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