Originally Posted by WesternSkies (Post 2521360)

I don’t know who you are quoting as nobody in this thread said you’d get “most” of it back.

Guys this isn’t hard.
25% is withheld initially. Only when you file will you then know your income tax rate for that year. That bonus will be taxed accordingly.
If your effective tax rate is <25% = appropriate refund.
>25% = you have to write a check (depending)

What the hell is a HVA?

Originally Posted by WesternSkies (Post 2521360)

I don’t know who you are quoting as nobody in this thread said you’d get “most” of it back.

Guys this isn’t hard.
25% is withheld initially. Only when you file will you then know your income tax rate for that year. That bonus will be taxed accordingly.
If your effective tax rate is <25% = appropriate refund.
>25% = you have to write a check (depending)

What the hell is a HVA?

Originally Posted by BigZ (Post 2521325)

Don't want to file a fatigue report? We've been told that if you refuse JM you have to file one. NH here, so don't know square from blue yet

Originally Posted by JulesWinfield (Post 2521357)

No one said you will get back most of the withholding. I said you will get back the difference between your withholding rate, 25%, and your tax rate, whatever that is.

Originally Posted by JulesWinfield (Post 2521072)

Bonus isn't taxed heavily. It is withheld at a higher rate, but you get it back when you file.

Originally Posted by AcesHigh (Post 2521521)

Oh word? So explain this again?

Originally Posted by Subpilot (Post 2521599)

You are just embarrassing yourself.

Why don’t you do yourself a favor a google tax withholding vs tax rates.

Originally Posted by BigZ (Post 2521325)

....NH here, so don't know square from blue yet

Originally Posted by AcesHigh (Post 2521765)

I just did the math and it was in my error on how the taxes structure done.

Further more it came in 2 installments instead of 1 which I originally thought. So I stand corrected. It happens.

I still asked a few of my classmates if they got it back and they didn't. So idk. Luck of the draw? Who knows. But I know I didn't get much back either.

Originally Posted by AcesHigh (Post 2520987)

Now take this with a grain of salt, I currently work for this company.

I enjoy working here for the near 2 years on property. With every regional there's pro's and con's but this new recruitment tactic has me thinking...

Being based where I am, senior and enjoying a great QOL at the moment. But the forced upgrade will be rearing it's ugly head soon.

I was discussing the fact of all you HVA's that are currently getting on with envoy attracted to quick upgrade times towards being a Captain and also to some of you whom have prior 121 time and can hold captain right away. Let me say, I welcome you with open arms regardless of reasoning or decision.

But the thing is I wonder to myself is once you come on property, don't you think your stay here won't be as dreamy as you thought it may be? Not to mention you're not helping the cause of getting better pay rates because classes are still getting filled and you see these bonus'snice 45k bonus's (Which are already taxed heavily)

Because the way I see it.You get on property, you become captain, then you sit reserve. Not even thinking all this time about the 2015(Maybe even earlier) through early 2017 new hires that may be upgrading soon as well, possibly displacing you out of your base as well as jumping over you in regards to seniority and you're inevitably going to just get pushed lower and lower down the totem pole in regards to the reserve list....

I understand why you come here, but sitting your whole career here on reserve has got to suck. At least that's what I forsee happening.Not to mention a near decade flow!

Yes there's going to be movement, but with an already metered flow, and the way they abuse reserves already, were you really thinking? Or did you see quick upgrade and that bonus you decided to send it?

I feel like you've been "Envoyed" as we say here, but maybe it's just me.

You guys see whats in front of you, but forget to see the picture far ahead of you.

Wish you the best of luck regardless, but something to think about for the ones thinking about coming on and the ones currently here.

Feel free to discuss without acting like elementry school children in the school yard.

Originally Posted by mmkkyy (Post 2531809)

Here is my response for you and any one else startled at other pilots willing to take the 45k insta cap. and perma reserve in LGA.

At my current company I am a line holder FO with an ok QOL. Current 10+ year captains here still commuting to reserve with little movement off the top. I will see upgrade years from now most likely 2-3 years and would then be commuting to reserve for the foreseeable future , if things don’t improve. No progression to a major, a descent contract, but contracts don’t pay my bills.

Envoy flashes 45k and upgrades at me. I don’t loose much, my QOL would be the same here when I upgrade in 2 years. Sure I’m going to have to commute to reserve at Envoy and be in the lovely NYC or ORD for a while, still would be paying for the same situation here.

If I get a “real” flow to fall back on, 45k and double my current hr rate to go sit reserve for a year. It’s very tempting and I am still contemplating it.