Flyder

I'm considering making the jump from a corporate pilot to Envoy, but I would have to take a decent pay cut to do so. Just trying to figure out if financially I can make it work.
Can any new FO hires tell me what their net pay on your signing bonus (either $15,000 for E175 or $22,100 for legacy) was and what their take home is on their first few paychecks (monthly)?

BigZ

Depends where your residence is
First chunk of sign on is 13.5 in FL but like 8.8 in NYC.
Schoolhouse paychecks aren't horrible, like 1500 before deductions
Guestimated first reserve paychecks are in the 800ish ballpark after deductions

A150K

I got like 13.7 from the first payment living in NM. Reserve paychecks average around $1k a piece. And that's with very little flying.

Flyder

I live in TX so luckily no State income tax. I thought you got paid normal monthly guarantees in training and reserve ($38 for 75 hrs), is that not true?

Flyder

Are you 145 or E175?

YeOleLipStrip

Every two weeks during training I take away about $1,300 after taxes. From the $17K signing bonus (175er) I took away about $9k, but I was also a cadet so I took some bonuses while I was still instructing.

A150K

145, but the initial payment is the same across all fleets. Only difference is that the 175 doesn't get the second pay out

Skip0927

What kind of corporate? You may qualify for the High Value Bonus if you have 91K PIC or 135 turbojet PIC or 135 more than 10 pax PIC.

VArellano

EMB 145 Sign On Bonus + Legacy Bonus

Indiana Taxes Single/No Dependents

Sign on: 17,100 / 10,950 After Taxes

Legacy: 5,000 / 3,180 After Taxes

First Training Check: 1,800 / 1500 After Taxes /w 500 per diem included, no deductions

Second Training Check: 1,620 / 1,350 After Taxes /w 415 per diem included, no deductions

Third Training Check: 1,625 / 1,210 After Taxes /w 415 per diem included, health insurance 65 deduction

After training there is a transition to reserve pay that results in lower pay for a month or so (I don't know the details I just work here) so I'll skip to my first "regular" reserve checks.

Third? Reserve Check: 1,420 / 950 After Taxes /w 0 per diem included, health insurance/401K 170 deduction

Fourth? Reserve Check: 1,600 / 1,100 After Taxes /w 170 per diem included, health insurance/401K 170 deduction

Each quarter or so you also get a performance bonus, they're somewhere around 200 each time.

W2 said ~58,000 taxable for the first year

Hope this helps! (and hold onto that sign on bonus)

Flyder

Just regular 91 unfortunately, so no High Value Bonus.