UPS or corporate job?
09-01-2006, 05:55 AM
#1
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UPS or corporate job?
I posted this in the corporate thread too, but I would like to hear from the cargo experts too...
I consider myself very luck to have a difficult decision to make. This week I have been offered a Part 91 Beechjet Captain position with a bank. It pays $60,000 a year salary, medical benefits, 2% defined contribution retirement and 5% 401k match. The bank will help pay for my move to their location. The company flys 3-4 day out and backs each week (during banker's hours of course ) with only 8-9 overnight trips a year. So the schedule is great, but the salary will not increase with time other than cost of living increases.
I also got called by UPS for an interview in 2 weeks. The Beechjet job I would have to start immediately, so I have to pick one or the other.
So my dilemma is do I take a guaranteed job that has a great schedule, but not much chance of a substantial salary increase in time and all the uncertainties of being in a bank's flight department, or do I give that up for the chance at UPS.
Any advice from those that have been around a while would be greatly appreciated.
I consider myself very luck to have a difficult decision to make. This week I have been offered a Part 91 Beechjet Captain position with a bank. It pays $60,000 a year salary, medical benefits, 2% defined contribution retirement and 5% 401k match. The bank will help pay for my move to their location. The company flys 3-4 day out and backs each week (during banker's hours of course ) with only 8-9 overnight trips a year. So the schedule is great, but the salary will not increase with time other than cost of living increases.
I also got called by UPS for an interview in 2 weeks. The Beechjet job I would have to start immediately, so I have to pick one or the other.
So my dilemma is do I take a guaranteed job that has a great schedule, but not much chance of a substantial salary increase in time and all the uncertainties of being in a bank's flight department, or do I give that up for the chance at UPS.
Any advice from those that have been around a while would be greatly appreciated.
09-01-2006, 06:01 AM
#2
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Joined APC: Apr 2006
Position: A300/310 Capt
Posts: 1,642
Originally Posted by GoddardRocket
I posted this in the corporate thread too, but I would like to hear from the cargo experts too...
I consider myself very luck to have a difficult decision to make. This week I have been offered a Part 91 Beechjet Captain position with a bank. It pays $60,000 a year salary, medical benefits, 2% defined contribution retirement and 5% 401k match. The bank will help pay for my move to their location. The company flys 3-4 day out and backs each week (during banker's hours of course ) with only 8-9 overnight trips a year. So the schedule is great, but the salary will not increase with time other than cost of living increases.
I also got called by UPS for an interview in 2 weeks. The Beechjet job I would have to start immediately, so I have to pick one or the other.
So my dilemma is do I take a guaranteed job that has a great schedule, but not much chance of a substantial salary increase in time and all the uncertainties of being in a bank's flight department, or do I give that up for the chance at UPS.
Any advice from those that have been around a while would be greatly appreciated.
I consider myself very luck to have a difficult decision to make. This week I have been offered a Part 91 Beechjet Captain position with a bank. It pays $60,000 a year salary, medical benefits, 2% defined contribution retirement and 5% 401k match. The bank will help pay for my move to their location. The company flys 3-4 day out and backs each week (during banker's hours of course ) with only 8-9 overnight trips a year. So the schedule is great, but the salary will not increase with time other than cost of living increases.
I also got called by UPS for an interview in 2 weeks. The Beechjet job I would have to start immediately, so I have to pick one or the other.
So my dilemma is do I take a guaranteed job that has a great schedule, but not much chance of a substantial salary increase in time and all the uncertainties of being in a bank's flight department, or do I give that up for the chance at UPS.
Any advice from those that have been around a while would be greatly appreciated.
Is there any way that you can start the bank job and still physically make it to the interview at UPS?
09-01-2006, 06:36 AM
#3
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Joined APC: Mar 2005
Posts: 230
I would do whatever is necessary to get to the UPS interview. The long term stability of the bank position is questionable at best. How old are you? Assuming you've got 20 years until retirement, odds are that corporate gig will disappear well before UPS ever does (though nothing in life is guaranteed).
One thing you have to bear in mind is that UPS has a competitive pool, so even if you interview successfully in two weeks you could end up "swimming" for a year or more.
I'm guessing if you take the corporate job, you'll be in training and won't be available to interview at UPS? Obviosuly only you know the specifics of your life, but think of that UPS interview as a potential winning lottery ticket. Not too many people get the opportunity to win the lottery and you've already got 6 of 8 winning numbers
Good luck!
Tipsy
One thing you have to bear in mind is that UPS has a competitive pool, so even if you interview successfully in two weeks you could end up "swimming" for a year or more.
I'm guessing if you take the corporate job, you'll be in training and won't be available to interview at UPS? Obviosuly only you know the specifics of your life, but think of that UPS interview as a potential winning lottery ticket. Not too many people get the opportunity to win the lottery and you've already got 6 of 8 winning numbers
Good luck!
Tipsy
09-01-2006, 08:22 AM
#6
The NeverEnding Story
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Posts: 7,511
Depends on your career aspirations and goals, and where you want to or are willing to live.
Good corporate gigs are often hard to come by, and although you will make less money than at UPS (especially with the new TA) your quality of life will probably be infinately better in the corporate gig...unless you are willing to move in domicile and bid reserve. I know many Part 91 guys making far less than top CA pay at SWA/FedEx that wouldn't fly 121 if their lives depended on it. That being said, often the first thing to go in hard financial times is the corporate flight department, so study its financials hard and realize once you have a solid corporate background, its much easier to go to bigger/better corporate departments making substantially more $$$.
This is a good problem to have - good luck with your decision!
Good corporate gigs are often hard to come by, and although you will make less money than at UPS (especially with the new TA) your quality of life will probably be infinately better in the corporate gig...unless you are willing to move in domicile and bid reserve. I know many Part 91 guys making far less than top CA pay at SWA/FedEx that wouldn't fly 121 if their lives depended on it. That being said, often the first thing to go in hard financial times is the corporate flight department, so study its financials hard and realize once you have a solid corporate background, its much easier to go to bigger/better corporate departments making substantially more $$$.
This is a good problem to have - good luck with your decision!
09-01-2006, 08:45 AM
#7
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Ouch. A bird in the hand....
Can you not call UPS and explain that you are unable to interview for the next couple of months, but that you are extremely interested and would like to get with them as soon as your schedule allows? By the time you finish Beechjet training and get on line you can then interview, and before you get a class date you should be able to provide some value to the corporation. And you would have a better feel for the long-term implications of the corp job (ie do you still even want to consider UPS at that time?). That's as close to a win-win as I can find off the top of my head.
Can you not call UPS and explain that you are unable to interview for the next couple of months, but that you are extremely interested and would like to get with them as soon as your schedule allows? By the time you finish Beechjet training and get on line you can then interview, and before you get a class date you should be able to provide some value to the corporation. And you would have a better feel for the long-term implications of the corp job (ie do you still even want to consider UPS at that time?). That's as close to a win-win as I can find off the top of my head.
09-01-2006, 09:07 AM
#8
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Like everyone else said, you really have to go to the UPS interview. Remember one thing as well if UPS offers you a job and you are working at the bank already....When the bank sells the airplane out from under you, or decides that you aren't needed anymore, their loyalty to you will be zero. If UPS offers you a date with little notice, you will have to take it and screw the bank. Banks screw people all the time so don't feel bad, it's just business.
09-01-2006, 09:22 AM
#9
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I would do anything that I can to take the bank job, but also do the interview. If you are put in the pool at UPS, it may still be a year before you actually go to work for them. You do not owe the bank any more than a two week notice if UPS calls. It is just business, and your career.
Accept the job, but try to put off the training for 2 weeks any way that you can.
Accept the job, but try to put off the training for 2 weeks any way that you can.
09-01-2006, 09:28 AM
#10
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go UPS!!!!! my buddy asked me the same question a few years ago about a 70,000 dollar a year job flying a citation or go to UPS...after i laughed at the question i told what i would do...he went to UPS and a year later that citation job did not exist anymore...no brainer
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