FedEx questions
08-07-2016, 08:00 PM
#172
On Reserve
Joined APC: Nov 2014
Posts: 11
Avoiding HKG
I was looking through this thread and I didn't see anything about avoiding HKG. I would absolutely love to work for FDX so on the app I naturally put that I would be interested in a foreign assignment. With that said CGN would be nice, but HKG would seem to be a hard sell to the family. So I was wondering how hard it is to avoid getting that as a base? Also if you got it as a base how do you get back/how often stateside?
08-08-2016, 04:15 AM
#173
Gets Weekends Off
Joined APC: Nov 2006
Position: 767 FO
Posts: 8,047
You can not be sent there unless a volunteer. If they call and ask will you go to Hong Kong tell them the truth. Personally for 5 million bucks for a 20 year career, you can put up with anything for two years. But your odds of going are slim and none.
08-08-2016, 06:38 AM
#174
Gets Weekends Off
Joined APC: Jun 2016
Position: First Officer
Posts: 234
It's pretty tough to swap living in domicile for being a commuter, that's for sure. However, I commute with FedEx, but lived in my domicile with a major carrier, and I cannot tell you how much I prefer flying for FedEx, even with the hidden suck that Albie is talking about. Control over your schedule, ability to drop and swap. Not dealing with passengers or flight attendants, but focused on flying related operational issues....huge for me, a negative for people who are more extroverted and enjoy that.
08-09-2016, 09:00 AM
#175
Line Holder
Joined APC: Jul 2016
Posts: 25
08-09-2016, 12:12 PM
#176
Gets Weekends Off
Joined APC: Jul 2008
Position: 320*****
Posts: 487
Very informative! Thank you for taking the time to answer the questions.
What is life like on reserve? Is it possible to lay low and fly little with seniority?
On the flip side. Is it possible to fly overtime? If so, what does it pay? Is there an override?
Thank you!
What is life like on reserve? Is it possible to lay low and fly little with seniority?
On the flip side. Is it possible to fly overtime? If so, what does it pay? Is there an override?
Thank you!
08-09-2016, 02:15 PM
#177
Gets Weekends Off
Joined APC: Nov 2006
Position: 767 FO
Posts: 8,047
Is it possible to lay low and fly little with seniority? Yes, Seat dependent.
On the flip side. Is it possible to fly overtime? Yes
If so, what does it pay? Most "overtime" are trips added at straight pay. Some lines overlap months, if so, that is straight pay overtime built in. Draft (seta dependent) and Volunteer (rare) pays 150%.
Is there an override? Yes an international override of under $10 an hour.
Thank you! You are welcome.
08-10-2016, 06:57 AM
#178
Gets Weekends Off
Joined APC: Jul 2008
Position: 320*****
Posts: 487
What is life like on reserve? You are in Memphis, it sucks. If you live there I guess reserve is OK
Is it possible to lay low and fly little with seniority? Yes, Seat dependent.
On the flip side. Is it possible to fly overtime? Yes
If so, what does it pay? Most "overtime" are trips added at straight pay. Some lines overlap months, if so, that is straight pay overtime built in. Draft (seta dependent) and Volunteer (rare) pays 150%.
Is there an override? Yes an international override of under $10 an hour.
Thank you! You are welcome.
Is it possible to lay low and fly little with seniority? Yes, Seat dependent.
On the flip side. Is it possible to fly overtime? Yes
If so, what does it pay? Most "overtime" are trips added at straight pay. Some lines overlap months, if so, that is straight pay overtime built in. Draft (seta dependent) and Volunteer (rare) pays 150%.
Is there an override? Yes an international override of under $10 an hour.
Thank you! You are welcome.
08-10-2016, 07:09 AM
#179
Gets Weekends Off
Joined APC: Nov 2006
Position: 767 FO
Posts: 8,047
401K is what you elect to put in pretax out of your monthly income with a max limit of $18K (24K over age 50) I think there is a $500.00 match in there from the company somewhere.
B Fund is a separate fund similar to a 401K, but different. The company contributes an additional 8% of your monthly pay into a parallel vanguard account. This 8% (eventually 9%) stops after your pay reaches $260K (or so) for the year. There are also other IRS limits that limit the total contributions to both the 401K and B Fund (plus a couple of other cats and dogs) to between 54 and 60K per year. As an aside senior Widebody FOs can probably max out these contributions fairly easily, or at least they will be able to when the payrates max out in 2020.
08-10-2016, 08:41 AM
#180
Gets Weekends Off
Joined APC: Jul 2008
Position: 320*****
Posts: 487
Pension is the Pension. 2% X YOS X Average high five up to $260,000. For most pilots with 25 YOS it will be $130K, for 20 YOS it would top out at 104K.
401K is what you elect to put in pretax out of your monthly income with a max limit of $18K (24K over age 50) I think there is a $500.00 match in there from the company somewhere.
B Fund is a separate fund similar to a 401K, but different. The company contributes an additional 8% of your monthly pay into a parallel vanguard account. This 8% (eventually 9%) stops after your pay reaches $260K (or so) for the year. There are also other IRS limits that limit the total contributions to both the 401K and B Fund (plus a couple of other cats and dogs) to between 54 and 60K per year. As an aside senior Widebody FOs can probably max out these contributions fairly easily, or at least they will be able to when the payrates max out in 2020.
401K is what you elect to put in pretax out of your monthly income with a max limit of $18K (24K over age 50) I think there is a $500.00 match in there from the company somewhere.
B Fund is a separate fund similar to a 401K, but different. The company contributes an additional 8% of your monthly pay into a parallel vanguard account. This 8% (eventually 9%) stops after your pay reaches $260K (or so) for the year. There are also other IRS limits that limit the total contributions to both the 401K and B Fund (plus a couple of other cats and dogs) to between 54 and 60K per year. As an aside senior Widebody FOs can probably max out these contributions fairly easily, or at least they will be able to when the payrates max out in 2020.
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