I'm getting $16.08/hr of contact time. If you do not have a Bachelor's, it's lower. Each pay period I also get a stipend of $100 that tries to cover the time I'm scheduling and doing paperwork. The other nice benefit is at 50 hrs of contact time in a pay period (2 weeks), you get a 15% raise, 25% raise at 60 hours of contact time. Unfortuneately, I'm down to 1 student right now since everyone went back home for the summer, so I haven't made a raise in a while. Full benefit package with medical, dental, vision. Reimbursement for Medicals. Free unlimited sim time whenever, and free currency/proficiency flights in the airplane. i.e. a couple months ago I got a S.E. Commercial student and since I hadn't done commercial maneuvers in the last year, they paid for a "refresher" flight with a senior IP.

You can also get about a $3/hr raise at 750 Dual given (In airplane AND sim) and another $3/hr at 1500 Dual given. You get $3/hr more if the activity is a stage check (I'm not a check instructor yet).

And no mxt pay. The only time we get paid for an activity that didn't happen is when a student legitimately no-shows (not medically no-shows). The university charges the students a lot if they have an unexcused no show ($200 for first, $400 for second, failure of course for third).