Originally Posted by USMCFLYR

I understand that your situation may be different / unusual, but for others reading this and confronting the same decision, my financial advisor also called me crazy when I asked whether I should contribute to the matched retirement plan since I already had other investment strategies going. I thought he was going to crap-a-brick


WHAT Someone working for free!!
What would his union say?

USMCFLYR

Originally Posted by newarkblows

I am confused. He told you NOT to contribute to your company 401k and forgo the company match?

Originally Posted by meloveboeing

I saw the 10k figure and I had to laugh. But then I thouhgt can an FO make 10k a month with 22 days off? So I did the math. He had 1 week of vac so he could have gotten 2 four day trips droped. And for argument's sake lets say each is worth 25 hours. And lets say he is a very senior FO so he had 1 more four day on his schedule. So he started out with 3 four days each worth 25 hours and he got 2 dropped thru vac. Then the remaining four day he got FBO. So now he is getting paid 75 hours and flying zero. So then he went on to pick up trips at red flag 200% pay and let's say he picked up 75 hours worth, so that's 150 hours, plus the 75 hours he originally had, that's a total of 225. Multiply that by the max FO salary of $43.76 and that's $9846 plus $350 per diem that's $10,196 as a senior (over 7 years) FO pay.

Now for those of you just starting out, 200% pay does not apply to you. And line holders can take away your agressive pickups and they have 9 hours before show to do so. As they hire more people There will be less trips in open time. Right now for June there are only 20 so trips for the entire month of June in IAH. I would calculate take home pay based on 75 hours plus per diem. At least you'll know that's the least you gonna get paid. The FO that made $2500 sounds high. How many hours did he fly?