Originally Posted by
medfly21
Is this for Fly Exclusive?
That seems like a good bonus. Let me see if I am getting this right:
8/6 schedule for 8 days your scheduled to fly 22 hours. 22 - 10 hours = 12 hours x $100 in salary = $1,200 in salary and 12 x $50 = $600 in 401K
Did I get that right?
somebody is getting their companies confused. This sounds like what NetJets does. More accurately we are payed a bonus based on flight time in a calendar month. For example December 1-31 you flew 57 hours. Flight time bonus is paid for any hours over 30 in a month. So if your a captain on the citation fleet it’s 27 hours paid at $100/hr.($2700) if you’re an FO it’s half that $50/hr($1350). It’s all taxed as regular income and goes straight to your second paycheck of the following month, usually the 20th. As far as I know we can’t opt to have it put into 401K.