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FEDEX Compensation over the years

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FEDEX Compensation over the years

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Old 04-07-2017, 06:45 AM
  #21  
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ummmm, I flew with a 2-year 75 Capt 2 weeks ago and he was awesome
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Old 04-07-2017, 07:31 AM
  #22  
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Originally Posted by fly2ski View Post
22 years at FDX, average less than 350 hours a year block time.. Started getting paid for wide body Captain at year 8, passover pay. Have 36 days a year of vacation, many weekend layovers, 36-48 hours, in my hometown. Still have a pension plan that will pay 130K a year. Never walked the streets. No hat, and best of all, no terminal bag drag!!
Boom goes the dynamite

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Old 04-07-2017, 07:45 AM
  #23  
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36 days = 216 hours.
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Old 04-07-2017, 08:39 AM
  #24  
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yes there is currently a 2 year Capt at FDX and somehow he jumped ahead of at least 1 year if not 1.5 years of training dates. I have seen the seniority list myself and the training letter. Not sure how he got dozens and dozens of pilots to approve his bypass without passover. He is an instructor so maybe there is an allowance for that. Yes he is awesome and not saying there is any foul play...just looks odd without the full story. Most will have been on the training letter for more than 2 years before getting the pay.

Last edited by VSTOLG4; 04-07-2017 at 08:40 AM. Reason: Hit enter too early
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Old 04-07-2017, 12:30 PM
  #25  
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Originally Posted by VSTOLG4 View Post
yes there is currently a 2 year Capt at FDX and somehow he jumped ahead of at least 1 year if not 1.5 years of training dates. I have seen the seniority list myself and the training letter. Not sure how he got dozens and dozens of pilots to approve his bypass without passover. He is an instructor so maybe there is an allowance for that. Yes he is awesome and not saying there is any foul play...just looks odd without the full story. Most will have been on the training letter for more than 2 years before getting the pay.
It seems that changing seats and equipment is a bit of a struggle at FDX. Has this been the norm or strictly circumstantial? Two years from bid award to training seems like a long time. Or am I interrupting this wrong?
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Old 04-07-2017, 12:56 PM
  #26  
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Originally Posted by 0617Ld View Post
It seems that changing seats and equipment is a bit of a struggle at FDX. Has this been the norm or strictly circumstantial? Two years from bid award to training seems like a long time. Or am I interrupting this wrong?
Bid and seniority dependent. If the bid is large and you are very junior, then you go to the back of the line for training, based on the old contract. New contract will have bidding for training slots after the award. The longest I waited for training was about 6 months. So for some a struggle for others, not so much.
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Old 04-08-2017, 12:47 AM
  #27  
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sorry I should have said most very junior 757 Captain awardees will be on the training letter for 2 years before activating. Other seats and other aircraft not included in this statement but many of them will wait a while because the training letter was so long...and they didn't have an annual large Spring bid this year.
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Old 04-08-2017, 08:16 AM
  #28  
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I'm a 23+ year wide body captain who works a whole lot. I average 100 hours per month over a year which pays about $33,000 per month with per diem and int'l override. I usually sell back one vacation for an additional $20,000 in lottery winnings. So I'm close to 400K per year in average annual earnings.

I put $24 K into my 401K. B-Plan adds an additional 21K into my 401K and I usually don't use my sick leave or I make it up if I do. That's an additional $21,000 into my 401K plus some extra change as ordinary income. But I'm putting aside over $58K per year into my 401K.

I work hard today so I won't have to work hard tomorrow. I'll retire by age 60 a multi millionaire. Or dead. Whichever occurs first .
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Old 04-08-2017, 08:24 AM
  #29  
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Originally Posted by 0617Ld View Post
It seems that changing seats and equipment is a bit of a struggle at FDX. Has this been the norm or strictly circumstantial? Two years from bid award to training seems like a long time. Or am I interrupting this wrong?
Originally Posted by Pakagecheck View Post
Bid and seniority dependent. If the bid is large and you are very junior, then you go to the back of the line for training, based on the old contract. New contract will have bidding for training slots after the award. The longest I waited for training was about 6 months. So for some a struggle for others, not so much.
It also had to do with the needs of the company. If they are short on a particular aircraft, they're going to train those individuals first. If they are short on your aircraft and you are leaving it, expect to be held back before they have enough in your seat.

This is going to happen whether you're at FDX or any other carrier.

Bottom line: in today's age, you're not going to starve at either major carrier. I also think comparing carriers based on long term compensation over the years is foolish. Go where you will have the best QOL. Period. End of discussion. Contracts come and go. Bankruptcies come and go. Don't spend as much as you earn. Save a little. Give a little. You'll be just fine.
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Old 04-08-2017, 11:14 AM
  #30  
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[QUOTE=PurpleToolBox;2338749]It also had to do with the needs of the company. If they are short on a particular aircraft, they're going to train those individuals first. If they are short on your aircraft and you are leaving it, expect to be held back before they have enough in your seat.

This is going to happen whether you're at FDX or any other carrier.

Bottom line: in today's age, you're not going to starve at either major carrier. I also think comparing carriers based on long term compensation over the years is foolish. Go where you will have the best QOL. Period. End of discussion. Contracts come and go. Bankruptcies come and go. Don't spend as much as you earn. Save a little. Give a little. You'll be just fine.[/QUOTE

At most Companies once you've been awarded upgrade, if you don't start with a certain timeframe, you start getting Capt pay whether or not you get trained.
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