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Significant Pay Raises?
Friend started class recently says FJ announced new pay- $175,000 for new hire FO’s what the new CA pay?
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Originally Posted by Boeing Aviator
(Post 3735205)
Friend started class recently says FJ announced new pay- $175,000 for new hire FO’s what the new CA pay?
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It's going to have to be some real take home pay increases and not bonuses.
An extra $50/day on the SIC daily rate won't make up for $166/hr. (2nd year pay) for 85 hours and 16 days worked in a 30 day month. And, that doesn't include the 18% 401k contribution. |
I just saw a post from Flexjet on Facebook that the base pay for new first year FOs will be $150k starting April 1, 2024. Presumably the remaining $25k in additional compensation must come from other benefits such as per diem, bonus structure, 401k etc.
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Pay is going to $751 per day, up from $513 per day. Typically its working 16 out of 28 days so multiply $751x16x13= $156,000 just in REGULAR pay. Pretty significant increase. The problem is upgrading to Phenom CA in the first year does not lead to a pay increase (stays at FO rates, but greater responsibility) and 2nd year it increase only $30 over FO daily rate (not significant). They are having a hard time keeping Phenom CA, I dont think this is going to help. If I was to start under the new payscale, it would make sense to wait until DRL to upgrade to CA, especially with the seat lock they put on the Phenom CA.
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Originally Posted by followingdreams
(Post 3743561)
Pay is going to $751 per day, up from $513 per day. Typically its working 16 out of 28 days so multiply $751x16x13= $156,000 just in REGULAR pay. Pretty significant increase. The problem is upgrading to Phenom CA in the first year does not lead to a pay increase (stays at FO rates, but greater responsibility) and 2nd year it increase only $30 over FO daily rate (not significant). They are having a hard time keeping Phenom CA, I dont think this is going to help. If I was to start under the new payscale, it would make sense to wait until DRL to upgrade to CA, especially with the seat lock they put on the Phenom CA.
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We have not been told of any other changes. With that being said, I highly doubt any changes in per diem as we can use the company credit card for any meals and still get a $42/day per diem.
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Originally Posted by followingdreams
(Post 3743598)
We have not been told of any other changes. With that being said, I highly doubt any changes in per diem as we can use the company credit card for any meals and still get a $42/day per diem.
And how does it look if you become captain? |
Originally Posted by Pilatus801
(Post 3743619)
Thanks for the input. How does the pay rate change for year 2 and 3 if you remain as FO?
And how does it look if you become captain? Year 2 Phenom captain 816/day, year 3 820/day |
I pulled my Phenom CA bid.
The CKA I'm flying with talked to a friend who has their ear to the ground in the Challenger fleet. They said quite a few fairly senior Challenger CA's are planning on leaving because the pay raises don't make it very far up the longevity scale. The CEO even said on the call announcing the raises that they are targeting the people in the first three years seniority because that's where the bulk of the departures come from. |
Originally Posted by AA717driver
(Post 3744331)
I pulled my Phenom CA bid.
The CKA I'm flying with talked to a friend who has their ear to the ground in the Challenger fleet. They said quite a few fairly senior Challenger CA's are planning on leaving because the pay raises don't make it very far up the longevity scale. The CEO even said on the call announcing the raises that they are targeting the people in the first three years seniority because that's where the bulk of the departures come from. |
Originally Posted by AA717driver
(Post 3744331)
I pulled my Phenom CA bid.
The CKA I'm flying with talked to a friend who has their ear to the ground in the Challenger fleet. The old adage is take the first available upgrade if the music stops. DRL is getting more senior. Yes theres a few Challenger CAs leaving but they are already accounted for in the monthly Bid Awards. Take the rumor mill from your CKA with a grain of salt. But do what’s best for you. Crystal ball is fuzzy. |
Originally Posted by TCASfail
(Post 3744355)
As someone who upgraded in type (non-phenom), I ended up right about 1.5 yr upgrade. The phenom guys in my indoc took the first available. I made it to DRL quicker than them, but lost out on some CA pay. Aside from wanting ILC, you could just sit right seat in the phenom if it makes sense for you, especially since year 1 phenom CA and FO pay is the same. You may incur a long seat lock in the phenom after upgrade. While I have seen phenom CAs released for DRL inside 12 months, I wouldn’t count on it. I took the seniority upgrade. If you’re looking for ILC the commanders want you to bid Phenom CA. They usually will look at you funny if you’re a Phenom FO holding out for DRL.
The old adage is take the first available upgrade if the music stops. DRL is getting more senior. Yes theres a few Challenger CAs leaving but they are already accounted for in the monthly Bid Awards. Take the rumor mill from your CKA with a grain of salt. But do what’s best for you. Crystal ball is fuzzy. |
Compensation Questions
Hey Guys.... Im pumped about my recent CJO at FJ. Nothing but good people and a fun atmosphere. Can anyone at the company help with a couple questions that I definitely wasn't going to ask at the interview.
-Is 6% retirement sperate from 18K Deffered Compensation? Its not spelled out in the CJO. I think my preferred plan is to max the 401k every year and buy something fun when the deffered money becomes available. -Does FJ pay for airport parking? Not a deal breaker, just asking bc mine is $12 a day. -Do they pay for headsets? For whatever reason, I go through a headset every 2-3 years. -Can you expense laundry? Lame I know, but some hotels charge a ridiculous amount to clean. BTW: Just a thanks to all you long term FJ dudes.... you've really made FJ compensation waaay more attractive. Looking to flying with y'all soon! |
Originally Posted by joemcspeed
(Post 3775343)
Hey Guys.... Im pumped about my recent CJO at FJ. Nothing but good people and a fun atmosphere. Can anyone at the company help with a couple questions that I definitely wasn't going to ask at the interview.
-Is 6% retirement sperate from 18K Deffered Compensation? Its not spelled out in the CJO. I think my preferred plan is to max the 401k every year and buy something fun when the deffered money becomes available. -Does FJ pay for airport parking? Not a deal breaker, just asking bc mine is $12 a day. -Do they pay for headsets? For whatever reason, I go through a headset every 2-3 years. -Can you expense laundry? Lame I know, but some hotels charge a ridiculous amount to clean. BTW: Just a thanks to all you long term FJ dudes.... you've really made FJ compensation waaay more attractive. Looking to flying with y'all soon! Yes, they pay for airport parking pretty much at the cheapest long term daily rate that the airport has. I have heard that some parking prices have increased and they have not increased the reimbursement amount however that is probably more of a paperwork thing No, the dont pay for headsets however they have headsets on the plane if you dont want to use your own. Not sure why you go thru headsets that quickly, Ive had 2 in 10 years and the first pair still work, just wanted better No, you should be able to pack enough for what is typically no more than an 8 day rotation. |
Originally Posted by MidnightHauler
(Post 3744347)
I wish many of our pilots would realize that once we stop throwing away millions of dollars in training costs for future airline recruits who leave within the first two years, that money will be redirected to more pay raises and bonuses. It takes a little time for this adjustment.
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Originally Posted by Career SIC
(Post 3775517)
I wish many of your pilots would realize that if you had kept your union on property, your pilot group would have more control over where the increased compensation goes instead of the company giving it all to the new hires. I hope your wishes come true about the pay raises and bonuses working their way up the list, but I have my doubts. Unless you are seeing troubling attrition in that demographic, there is no incentive for that to happen.
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Question
Hi,
What is the new salary being offered? How are the health benefits? Thanks!
Originally Posted by followingdreams
(Post 3775352)
Yes, the 6% is a company match to the 401k, the $18k is essentially a retention bonus
Yes, they pay for airport parking pretty much at the cheapest long term daily rate that the airport has. I have heard that some parking prices have increased and they have not increased the reimbursement amount however that is probably more of a paperwork thing No, the dont pay for headsets however they have headsets on the plane if you dont want to use your own. Not sure why you go thru headsets that quickly, Ive had 2 in 10 years and the first pair still work, just wanted better No, you should be able to pack enough for what is typically no more than an 8 day rotation. |
Originally Posted by Career SIC
(Post 3775517)
I wish many of your pilots would realize that if you had kept your union on property, your pilot group would have more control over where the increased compensation goes instead of the company giving it all to the new hires. I hope your wishes come true about the pay raises and bonuses working their way up the list, but I have my doubts. Unless you are seeing troubling attrition in that demographic, there is no incentive for that to happen.
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Originally Posted by metro3
(Post 3775630)
Hi,
What is the new salary being offered? How are the health benefits? Thanks! Health benefits are primarily through United Healthcare and very good. I pay just under $200/month for my entire family for the top plan. Previously, before I came to Flex we were on my wife's Fed plan through the USPS paying just under $400/month with less benefits and higher deductible and out of pocket. So comparetively, for me I feel it's a good plan. |
Pay rates
Hi BGBMX911,
Thanks for the info on the health insurance. I have searched online and can't locate the new pay scales anywhere. Could you please PM the new rates? Thanks! QUOTE=BGBMX911;3775659]I believe our new payscales are published and available now. If you can't find them, I'm sure one of us could send it over to you. Even though the majors are slowing hiring (for now) NJ is working out their TA so I still expect further adjustments later this year. Nothing is guaranteed, but Flex has commited to being competetive with majors as well as NJ so we will see what happens. Health benefits are primarily through United Healthcare and very good. I pay just under $200/month for my entire family for the top plan. Previously, before I came to Flex we were on my wife's Fed plan through the USPS paying just under $400/month with less benefits and higher deductible and out of pocket. So comparetively, for me I feel it's a good plan.[/QUOTE] |
Originally Posted by metro3
(Post 3776360)
Hi BGBMX911,
Thanks for the info on the health insurance. I have searched online and can't locate the new pay scales anywhere. Could you please PM the new rates? Thanks! QUOTE=BGBMX911;3775659]I believe our new payscales are published and available now. If you can't find them, I'm sure one of us could send it over to you. Even though the majors are slowing hiring (for now) NJ is working out their TA so I still expect further adjustments later this year. Nothing is guaranteed, but Flex has commited to being competetive with majors as well as NJ so we will see what happens. Health benefits are primarily through United Healthcare and very good. I pay just under $200/month for my entire family for the top plan. Previously, before I came to Flex we were on my wife's Fed plan through the USPS paying just under $400/month with less benefits and higher deductible and out of pocket. So comparetively, for me I feel it's a good plan. FO: Y1 is a daily rate of: $751, Y2+ is: $785 PBS (Phenom) CA: Y1: $751, Y2: $816, Y3: $820, Y4: $825, Y5: $830 and goes up to Y18: $1,100. DRL (CL300, EMB545) CA: Y1: $784, Y2: $853, Y3: $925, Y4: $933, Y5: $940 and goes up to Y18: $1303. All of the above is done at a daily rate. Multiply the numbers you see by days you work to get your salary. Don't expect anything on top of that and you'll be happy. The bonus structure allows for potential bonuses of: FO: 10%; PBS CA: 15%; DRL CA: 20%. The metrics to qualify for those bonuses are opaque and you have zero control over whether or not you'll meet them. ILC is a whole other kettle of fish, as they say. Salaried starting at $188,000 and goes up from there with the potential of a 35% bonus. |
Pay rates
TexasLonghorn,
Thanks for the information! FO: Y1 is a daily rate of: $751, Y2+ is: $785 PBS (Phenom) CA: Y1: $751, Y2: $816, Y3: $820, Y4: $825, Y5: $830 and goes up to Y18: $1,100. DRL (CL300, EMB545) CA: Y1: $784, Y2: $853, Y3: $925, Y4: $933, Y5: $940 and goes up to Y18: $1303. All of the above is done at a daily rate. Multiply the numbers you see by days you work to get your salary. Don't expect anything on top of that and you'll be happy. The bonus structure allows for potential bonuses of: FO: 10%; PBS CA: 15%; DRL CA: 20%. The metrics to qualify for those bonuses are opaque and you have zero control over whether or not you'll meet them. ILC is a whole other kettle of fish, as they say. Salaried starting at $188,000 and goes up from there with the potential of a 35% bonus.[/QUOTE] |
Thanks for all of this!
What is ILC? FO: Y1 is a daily rate of: $751, Y2+ is: $785 PBS (Phenom) CA: Y1: $751, Y2: $816, Y3: $820, Y4: $825, Y5: $830 and goes up to Y18: $1,100. DRL (CL300, EMB545) CA: Y1: $784, Y2: $853, Y3: $925, Y4: $933, Y5: $940 and goes up to Y18: $1303. All of the above is done at a daily rate. Multiply the numbers you see by days you work to get your salary. Don't expect anything on top of that and you'll be happy. The bonus structure allows for potential bonuses of: FO: 10%; PBS CA: 15%; DRL CA: 20%. The metrics to qualify for those bonuses are opaque and you have zero control over whether or not you'll meet them. ILC is a whole other kettle of fish, as they say. Salaried starting at $188,000 and goes up from there with the potential of a 35% bonus.[/QUOTE] |
Originally Posted by Easyrider91
(Post 3780289)
Thanks for all of this!
What is ILC? |
Two questions for Flexjet Pilots: 1. Did the new payraise rates take place today (01 Apr 24- Phase 1)? 2. If someone wants just a 8*7 or 7*7 schedule, what would be their daily rate be? Not interested in the PBS schedule right now but am interested in applying. Need a ball park salary to give it a good "sniff". I saw the brochure from 2022 that had base pay for year 1 &2 at $56,459. Would need more than that to leave where I'm at. Thanks.
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It did go into effect
One of the stupidest scales out there, imho. |
Originally Posted by StratoGoat6
(Post 3787825)
Two questions for Flexjet Pilots: 1. Did the new payraise rates take place today (01 Apr 24- Phase 1)? 2. If someone wants just a 8*7 or 7*7 schedule, what would be their daily rate be? Not interested in the PBS schedule right now but am interested in applying. Need a ball park salary to give it a good "sniff". I saw the brochure from 2022 that had base pay for year 1 &2 at $56,459. Would need more than that to leave where I'm at. Thanks.
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Originally Posted by StratoGoat6
(Post 3787825)
Two questions for Flexjet Pilots: 1. Did the new payraise rates take place today (01 Apr 24- Phase 1)? 2. If someone wants just a 8*7 or 7*7 schedule, what would be their daily rate be? Not interested in the PBS schedule right now but am interested in applying. Need a ball park salary to give it a good "sniff". I saw the brochure from 2022 that had base pay for year 1 &2 at $56,459. Would need more than that to leave where I'm at. Thanks.
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Originally Posted by AA717driver
(Post 3788219)
$751/day worked. That includes travel days for SIC.
I have seen at least two posts here that indicate the new hire / year one pay rate is $751/day. I have conflicting information that the actual year one rate for SIC's is $725/day. Could someone please verify this for me? Thx!! |
Originally Posted by Sevenfourcapt
(Post 3790853)
Looking to interview with Flexjet.
I have seen at least two posts here that indicate the new hire / year one pay rate is $751/day. I have conflicting information that the actual year one rate for SIC's is $725/day. Could someone please verify this for me? Thx!! |
Originally Posted by droptrack97
(Post 3790882)
Year 1 SIC is $751/day. Year 2+ $785
Thanks! |
Originally Posted by Sevenfourcapt
(Post 3790853)
Looking to interview with Flexjet.
I have seen at least two posts here that indicate the new hire / year one pay rate is $751/day. I have conflicting information that the actual year one rate for SIC's is $725/day. Could someone please verify this for me? Thx!! |
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