2nd & 3rd year pay
05-21-2017 | 05:41 AM
#1
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Line Holder
Joined: Jun 2007
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2nd & 3rd year pay
Can someone please shed some light on a few things. Thanks in advance.
What can one except, 2nd &3rd year pay to be. (Best case, worst case,)
What is the real deal with the bonuses? 22k for all new hires+Additional bonus for prior 121/135 experience+bonus for emb145?
Thank you all once again!
What can one except, 2nd &3rd year pay to be. (Best case, worst case,)
What is the real deal with the bonuses? 22k for all new hires+Additional bonus for prior 121/135 experience+bonus for emb145?
Thank you all once again!
05-21-2017 | 06:30 AM
#2
Gets Weekends Off
Joined: May 2011
Posts: 239
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Can someone please shed some light on a few things. Thanks in advance.
What can one except, 2nd &3rd year pay to be. (Best case, worst case,)
What is the real deal with the bonuses? 22k for all new hires+Additional bonus for prior 121/135 experience+bonus for emb145?
Thank you all once again!
What can one except, 2nd &3rd year pay to be. (Best case, worst case,)
What is the real deal with the bonuses? 22k for all new hires+Additional bonus for prior 121/135 experience+bonus for emb145?
Thank you all once again!
$17,100 first day for all pilots
$5,000 additional for those selecting 145/CRJ
Base pay first year is $37.90/hr.
Figure on 2.5 months of training guarantee (64 hrs).
75 hr guarantee for reserve.
72 hr guarantee for line holder.
Per diem is $1.85/ hr
16 hrs per day while in new-hire training
Typical annual per diem seems to be in the $4-5k range (assuming you fly a typical monthly schedule...not a local bidding reserve to avoid flying)
$20,000 retention bonus during 2nd and 3rd years ($10k/year). Paid in quarterly installments of $2,500.
Base pay for second year goes up $1-$2.
Open time is paid at 150%
Critical coverage is paid at 200%
05-21-2017 | 07:24 AM
#4
Gets Weekends Off
Joined: May 2016
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Expect the month after IOE to not have any or very little per diem. All per diem is paid for the the following month. However since you are a new hire in training you collect it during the same month. You still get paid appropriately but it catches people off guard when they see a small paycheck after training.
If you live in base or pick up OT during your reserve time it's not difficult to credit 100 hrs in a month. Which equates to 4000 x 12 month 48k + 10k + per diem.
Some people would argue 100 hr per month isn't realistic. However it really is very easy to do. Being on reserve I don't get used much so it's easy to pick up OT without QOL suffering. When I was getting used everyday it was much harder to get myself to pick up OT. For a while I didn't pick up any OT.
If you live in base or pick up OT during your reserve time it's not difficult to credit 100 hrs in a month. Which equates to 4000 x 12 month 48k + 10k + per diem.
Some people would argue 100 hr per month isn't realistic. However it really is very easy to do. Being on reserve I don't get used much so it's easy to pick up OT without QOL suffering. When I was getting used everyday it was much harder to get myself to pick up OT. For a while I didn't pick up any OT.
05-21-2017 | 08:17 AM
#6
Gets Weekends Off
Joined: Aug 2016
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'
Yeah but if you factor in the captain pay rate does it make sense to wait as an FO to get that $2,500 quaterly bonus ?
There is no retention bonus for new captains. If you upgrade quickly, don't expect to see much of that "$20,000 bonus paid quarterly over 2 years," as that's only for FOs.
05-21-2017 | 08:56 AM
#7
Gets Weekends Off
Joined: Nov 2013
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That is why there are more than a handful of FOs who bypass upgrade altogether. The slight pay raise isn't worth the massive QoL hit for some people.
05-21-2017 | 09:01 AM
#8
Line Holder
Joined: Dec 2016
Posts: 325
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05-21-2017 | 09:08 AM
#9
Gets Weekends Off
Joined: Aug 2008
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From: forever fo
It's about a $1500/month take home difference taking the upgrade on RSV vs senior fo line holder w ot. If it's worth it or not to you is a personal choice. I ran the list it's a handful of guys who skipped upgrade, more than a handful are skipping the first opportunity and taking the second.
05-21-2017 | 08:18 PM
#10
On Reserve
Joined: May 2017
Posts: 11
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It's about a $1500/month take home difference taking the upgrade on RSV vs senior fo line holder w ot. If it's worth it or not to you is a personal choice. I ran the list it's a handful of guys who skipped upgrade, more than a handful are skipping the first opportunity and taking the second.
When you do elect to upgrade you then fall into the same year of service pay that you previously held as a FO, correct?
Thanks.
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