Notices

Contract negotiations

Old 10-14-2022 | 12:10 PM
  #651  
Line Holder
 
Joined: Jan 2020
Posts: 87
Likes: 0
Default

Originally Posted by Bandito
I'm fairly new to airline pilot central. I joined because I have been looking around for another job. I would like to join allegiant mainly to be home every night. What is a realistic first year pay with no overtime? Thank you for your time.
$57/hr X 72 hrs a month X 12 months a year
Reply
Old 10-14-2022 | 05:14 PM
  #652  
Line Holder
 
Joined: Jun 2021
Posts: 69
Likes: 0
Default

Originally Posted by tailendcharlie
True…..figure on $50k.
With healthcare + 401k I’ve had checks < 1k on year one pay. Total of around $2,200 for the month.
Reply
Old 10-14-2022 | 05:47 PM
  #653  
Line Holder
 
Joined: Oct 2010
Posts: 1,075
Likes: 20
From: CA
Default

Originally Posted by V2cut
With healthcare + 401k I’ve had checks < 1k on year one pay. Total of around $2,200 for the month.
Remember it gets cold in Flint in the winter - you’re gonna need a crashpsd or rental of some kind….deposit, utilities, etc…..
Reply
Old 10-16-2022 | 06:41 AM
  #654  
Line Holder
 
Joined: Jan 2015
Posts: 421
Likes: 1
Default

Originally Posted by V2cut
With healthcare + 401k I’ve had checks < 1k on year one pay. Total of around $2,200 for the month.
The base paycheck for me is $900 year one (second paycheck with the extras is a bit more). That's single person healthcare, 5% 401k, and 25% to the ESPP.

I went with a personal loan with a term of 3 years to help tide myself over that first year.
Reply
Old 10-16-2022 | 06:54 AM
  #655  
Quarantined
 
Joined: Mar 2018
Posts: 181
Likes: 0
Default

Originally Posted by JediCheese
The base paycheck for me is $900 year one (second paycheck with the extras is a bit more). That's single person healthcare, 5% 401k, and 25% to the ESPP.

I went with a personal loan with a term of 3 years to help tide myself over that first year.

Is ESPP employee stock purchase plan? Not at Allegiant, but boy…that’s aggressive if that’s what it stands for.


Sent from my iPhone using Tapatalk
Reply
Old 10-16-2022 | 06:56 AM
  #656  
Line Holder
 
Joined: Jan 2015
Posts: 421
Likes: 1
Default

Originally Posted by CaptainSlow
Is ESPP employee stock purchase plan? Not at Allegiant, but boy…that’s aggressive if that’s what it stands for.


Sent from my iPhone using Tapatalk
No holding time and a 15% discount (so a 17.5% immediate rate of return). Dumping the stock the second it hits my account. Only downside is you can't touch the money until it buys every 6 months so not exactly liquid if you run into financial problems.
Reply
Old 10-16-2022 | 07:51 AM
  #657  
Line Holder
 
Joined: Jun 2015
Posts: 698
Likes: 12
From: A-320
Default

Originally Posted by JediCheese
No holding time and a 15% discount (so a 17.5% immediate rate of return). Dumping the stock the second it hits my account. Only downside is you can't touch the money until it buys every 6 months so not exactly liquid if you run into financial problems.
Smart, more people really should be taking advantage of this. I usually put the min in months 1-4 then months 5-6 I try to hit the max total limit and immediately sell to take the easy gain with only a 2 month hold period.
Reply
Old 10-16-2022 | 08:22 AM
  #658  
TangoIndiaMike1's Avatar
Gets Weekends Off
 
Joined: Oct 2015
Posts: 479
Likes: 0
From: Captain for Skyhawks
Default

Originally Posted by JediCheese
No holding time and a 15% discount (so a 17.5% immediate rate of return). Dumping the stock the second it hits my account. Only downside is you can't touch the money until it buys every 6 months so not exactly liquid if you run into financial problems.

If every employee did that wouldn’t that cause the stock price to drop?
Reply
Old 10-16-2022 | 08:43 AM
  #659  
Gets Weekends Off
 
Joined: May 2016
Posts: 1,036
Likes: 0
Default

Originally Posted by TangoIndiaMike1
If every employee did that wouldn’t that cause the stock price to drop?
Don't think our stock needs any catalyst to drop...its been doing that on its own quite nicely for the last 18 months.
Reply
Old 10-16-2022 | 08:46 AM
  #660  
Line Holder
 
Joined: Jun 2015
Posts: 698
Likes: 12
From: A-320
Default

Originally Posted by TangoIndiaMike1
If every employee did that wouldn’t that cause the stock price to drop?
Sure you could cause a red short term candle if everyone sold at the same moment in time but the shares have to be purchased first so overall it's a net wash on the stock price since the company pays the discount when the buy orders are filled.
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
nwa757
American
178
01-10-2015 10:54 AM
tallplt
Major
28
06-17-2012 10:23 AM
DMEarc
Regional
1249
12-17-2010 10:37 PM
ITSALLGOOD
Major
1
07-07-2007 08:34 AM
Freighter Captain
Atlas/Polar
3
08-03-2005 03:19 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Thread Tools
Search this Thread
Your Privacy Choices