Originally Posted by
B200 Hawk
Currently work a part 91 job making $35K a year regardless of time (not much time actually). What kind of pay cut would be expected making a jump to the regionals? I know it depends on who you work for and lots of other factors, but is there any method for rough estimates? I have heard take the hourly rate and convert it to 1,000. Aka $22/hr would be roughly $22K a year.
The pay cut is really whats keeping me back from making the jump.
The hourly rate x 1000 is not a bad method to use for a rough calculation but it will yield a slightly more optimistic estimate. One thing to remember about your first year is that part of that year (2-3 months) you will be in training earning anywhere from jack squat to your full normal guarantee. After that you will probably be on reserve for at least a few months. Depending on the airline and the month, you may fly very little as a reserve, from almost nothing to just barely breaking guarantee. Or you may fly right up to 100 hours every month with lots of soft time from deadheading,, etc.
If you want a number you can absolutely plan on, try this:
Monthly Guarantee (typically 70-75 hours/mo) x hourly rate x months left after you finish training. So 75 x 22 x 10 = $16500
Note: These calculations don't include per diem, retirement contributions or any of that. So your true compensation may be higher. But they call it guarantee for a reason.