Stock options is interesting. They claim it’s $25,000 however that’s not really the case. I was given a bit over 7,000 shares when it was valued at 2.50 a share. Older pilots who got it when it first hit the stock exchange only have about 3,300 shares.
Insurance is 100% paid for as of now for the PILOT only, you need to make contributions for family.
All in all I really am having a good time with the operation and we just had new incentive pay raises that realistically should equate to about 20-30,000 extra per year. Not sure if I am allowed to disclose them at the moment but I did the math on my normal schedule and found that my incentive pay should equate to that amount.
Definitely can tell there are growing pains and the normal negatives of an 8 on 6 off schedule, but they seem to be putting in a good effort to make the pilots happy.