First Year salary
12-08-2017, 06:00 PM
#1
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Thread Starter
Joined APC: Nov 2017
Posts: 30
First Year salary
New to the forum. Looking to make a change to 121 flying. The biggest concern is the salary cut leaving my current corporate job. Curious if any recent hires can provide realistic salary (base,bonus, picking up extra time). Excluding Per-Diem, benefits and 401K.
Thanks in advance.
Thanks in advance.
12-09-2017, 04:55 PM
#2
Gets Weekends Off
Joined APC: Jun 2008
Posts: 2,930
Originally Posted by JC1210
New to the forum. Looking to make a change to 121 flying. The biggest concern is the salary cut leaving my current corporate job. Curious if any recent hires can provide realistic salary (base,bonus, picking up extra time). Excluding Per-Diem, benefits and 401K.
Thanks in advance.
Thanks in advance.
https://www.airlinepilotforums.com/endeavor-air/109788-first-year-salary-new-ta.html
12-10-2017, 05:28 PM
#4
Gets Weekends Off
Joined APC: May 2017
Posts: 171
Originally Posted by JC1210
Looking at multiple airlines. Am trying to get information from multiple, that is the reason for posting in different carriers forum.
Months 1-3: 75 hr @ $36 = $8100
"Initial" bonus: $5000
"Off IOE Bonus" : $26000
Monthly pay 4-12: 85 hr @ $36 = $27540
Monthly per diem 4-12: 300 hrs @$1.80= $4860
Total: $71,410
If you want to include the 12 month retention bonus it adds $10k. Having a 91K/135/121 jet type rating adds another $7k.
Months 4-12 assume an extra 10 hours above minimum, which is not unrealistic.
12-10-2017, 07:59 PM
#5
Don't get weekends off
Joined APC: Sep 2015
Posts: 158
Originally Posted by T28driver
Here's what I would budget for:
Months 1-3: 75 hr @ $36 = $8100
"Initial" bonus: $5000
"Off IOE Bonus" : $26000
Monthly pay 4-12: 85 hr @ $36 = $27540
Monthly per diem 4-12: 300 hrs @$1.80= $4860
Total: $71,410
If you want to include the 12 month retention bonus it adds $10k. Having a 91K/135/121 jet type rating adds another $7k.
Months 4-12 assume an extra 10 hours above minimum, which is not unrealistic.
Months 1-3: 75 hr @ $36 = $8100
"Initial" bonus: $5000
"Off IOE Bonus" : $26000
Monthly pay 4-12: 85 hr @ $36 = $27540
Monthly per diem 4-12: 300 hrs @$1.80= $4860
Total: $71,410
If you want to include the 12 month retention bonus it adds $10k. Having a 91K/135/121 jet type rating adds another $7k.
Months 4-12 assume an extra 10 hours above minimum, which is not unrealistic.
01-08-2018, 10:50 PM
#6
New Hire
Joined APC: Jan 2018
Posts: 1
First Year Pay
Also looking for clarification and thanks for the previous posts for typical pay expectations.
Is there a requirement to pay any portions of sign-on bonuses back if for whatever reason I didnt stay for 1 year? The Part 91 bonus only applies to those coming from a fractional correct? Assuming my corporate Part 91 contract work doesn't qualify. Thanks in advance!
Is there a requirement to pay any portions of sign-on bonuses back if for whatever reason I didnt stay for 1 year? The Part 91 bonus only applies to those coming from a fractional correct? Assuming my corporate Part 91 contract work doesn't qualify. Thanks in advance!
01-14-2018, 05:54 AM
#8
Gets Weekends Off
Joined APC: May 2017
Posts: 171
Originally Posted by Agriz83
Also looking for clarification and thanks for the previous posts for typical pay expectations.
Is there a requirement to pay any portions of sign-on bonuses back if for whatever reason I didnt stay for 1 year? The Part 91 bonus only applies to those coming from a fractional correct? Assuming my corporate Part 91 contract work doesn't qualify. Thanks in advance!
Is there a requirement to pay any portions of sign-on bonuses back if for whatever reason I didnt stay for 1 year? The Part 91 bonus only applies to those coming from a fractional correct? Assuming my corporate Part 91 contract work doesn't qualify. Thanks in advance!
The $26k bonus, type rating bonus (for those that are eligible), and $10k 1 year bonus must be paid in full if you leave in the first 12 months of employment. They are pro-rated for the second 12 months are are considered earned at your 2 year anniversary.
You may also defer the "big" bonuses to your 1 year anniversary and have them paid in 12 installments with no obligation to repay any portion.
The type rating bonus only applies to 121, 135, and 91k.
I'm 99% sure that's all accurate but I'm sure someone will correct me if it isn't.
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