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Old 12-31-2021 | 07:46 AM
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Originally Posted by Kurat
Multiply those daily rates by 195 to get a base salary idea. Does not include any of the bonuses or hourly OT

We do 13x28 day bid periods in a year. The average is 15.5 days per bid period. So either 202xthe daily rate or, if you are a 16 day per bid period bidder, 208xthe daily rate. Traditionally, we have always said you can add 10% for hourly overtime as well.
Also, I’m not an SIC, so I am not typing that one for you. Maybe one of our SIC’s will take care of that…
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Old 12-31-2021 | 08:14 AM
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Ive been averaging 14-15 days a month as an SIC. Also, someone correct me if im wrong, but are we seriously not getting the new pay increase until March 1st? That's kinda sh!tty
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Old 12-31-2021 | 11:12 AM
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Originally Posted by Kurat
Multiply those daily rates by 195 to get a base salary idea. Does not include any of the bonuses or hourly OT

The 195 sorta works out as "min guarantee" even if you bid 14 days some periods
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Old 12-31-2021 | 03:44 PM
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SIC Daily Rate
Year
1. 513
2. 528
3. 544
4. 561
5. 577
6. 595
7. 613
8. 631
9. 650
10. 669
11. 689
12. 710
13. 731
14. 753
15. 776


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Old 12-31-2021 | 04:35 PM
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Default SIC Pay

421+23%=517.83
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Old 12-31-2021 | 05:35 PM
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Originally Posted by Sandpit
421+23%=517.83
Trust me, I did the same math but those are the actual numbers in the new scales
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Old 12-31-2021 | 07:48 PM
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Originally Posted by Meme In Command
Ive been averaging 14-15 days a month as an SIC. Also, someone correct me if im wrong, but are we seriously not getting the new pay increase until March 1st? That's kinda sh!tty
You’re not wrong on either count. The new pay scale is nice, but the lack of addressing the #1 topic from the pilot group (FDP/Bonus structure) and delayed implementation of the pay scale will do absolutely nothing to stem the tide of departures nor will it help us remain competitive in hiring. The material from management said they were focused on making our base pay higher than the competition which they did, but it’s a useless metric when you take into consideration the total compensation packages. There’s still no arguing that FX is lagging behind QS, let alone the majors.

Don’t get me wrong, Flexjet is a very good place to work, and the compensation is better than most, but in this market those than can go elsewhere will, and this won’t change that a bit.
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Old 01-01-2022 | 06:25 AM
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Originally Posted by TexasLonghorn
You’re not wrong on either count. The new pay scale is nice, but the lack of addressing the #1 topic from the pilot group (FDP/Bonus structure) and delayed implementation of the pay scale will do absolutely nothing to stem the tide of departures nor will it help us remain competitive in hiring. The material from management said they were focused on making our base pay higher than the competition which they did, but it’s a useless metric when you take into consideration the total compensation packages. There’s still no arguing that FX is lagging behind QS, let alone the majors.

Don’t get me wrong, Flexjet is a very good place to work, and the compensation is better than most, but in this market those than can go elsewhere will, and this won’t change that a bit.
On the FDP, what does everyone calculate for a value of that? With the number of hours we fly per rotation, I come up with a range of somewhere between $35,000 to $45,000 per year. Is that a reasonable valuation? Too high? Too low?
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Old 01-01-2022 | 10:24 AM
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Originally Posted by TexasLonghorn
You’re not wrong on either count. The new pay scale is nice, but the lack of addressing the #1 topic from the pilot group (FDP/Bonus structure) and delayed implementation of the pay scale will do absolutely nothing to stem the tide of departures nor will it help us remain competitive in hiring. The material from management said they were focused on making our base pay higher than the competition which they did, but it’s a useless metric when you take into consideration the total compensation packages. There’s still no arguing that FX is lagging behind QS, let alone the majors.

Don’t get me wrong, Flexjet is a very good place to work, and the compensation is better than most, but in this market those than can go elsewhere will, and this won’t change that a bit.
I’ve heard from several PV reps that the FDP proposal was shut down almost immediately. Management’s rhetoric was “well, we’re not NetJets”. Yeah, we know, that’s why pilots leave here to go there and not the other way around. This is gonna get more people in the door, but it won’t fix attrition
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Old 01-01-2022 | 10:26 AM
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Originally Posted by TexasLonghorn
You’re not wrong on either count. The new pay scale is nice, but the lack of addressing the #1 topic from the pilot group (FDP/Bonus structure) and delayed implementation of the pay scale will do absolutely nothing to stem the tide of departures nor will it help us remain competitive in hiring. The material from management said they were focused on making our base pay higher than the competition which they did, but it’s a useless metric when you take into consideration the total compensation packages. There’s still no arguing that FX is lagging behind QS, let alone the majors.

Don’t get me wrong, Flexjet is a very good place to work, and the compensation is better than most, but in this market those than can go elsewhere will, and this won’t change that a bit.
I’ve heard from several PV reps that the FDP proposal was shut down almost immediately. Management’s rhetoric was “well, we’re not NetJets”. Yeah, we know, that’s why pilots leave here to go there and not the other way around. This is gonna get more people in the door, but it won’t fix attrition.
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