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Old 05-01-2017, 07:41 PM   #1  
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Position: CJ2+ Captain, Part 91
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Default Netjets New Compensation

I'm hoping to get some insight into what a typical 1st year FO working the 7 on 7 off would make. I know the listed base salary, however I also know there are many variables that can add additional income. I'm hoping someone can explain what kind of additional pay is available etc. Thanks in advance for any help!!!
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Old 05-01-2017, 08:01 PM   #2  
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Well.......

You get free crew meals and breakfast at most hotels...maybe worth $100,000 extra a year.

Man, I cannot find a picture of those meals...Does any one have a picture? Maybe throw in a picture of a hotel coffee mug also...

Also, you get to arrive at your aircraft close to dawn on really cool fbo ramps.. They make for great photo ops. Way better than everyone else's AM departures. I lost all my early morning ramp photos. Someone on here has to have 1 or 2.

Thanks
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Old 05-01-2017, 08:06 PM   #3  
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Quote:
Originally Posted by Burlcfii View Post
I'm hoping to get some insight into what a typical 1st year FO working the 7 on 7 off would make. I know the listed base salary, however I also know there are many variables that can add additional income. I'm hoping someone can explain what kind of additional pay is available etc. Thanks in advance for any help!!!
Take the first year pay, add 10% and thats what you can expect.
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Old 05-01-2017, 09:07 PM   #4  
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As others have said, adding 8-10% to base salary is a pretty good estimate. (Mine was 8.5% last year.)

Keep in mind that as a newhire, you'll be on the "18-day training schedule" for at least the first four months or so, maybe longer depending on the timing of the schedule bids. That schedule pays 22% more money, working 20% more days, paying $76,327 annually for first-year pilots.

So 4 months of that schedule, plus 8 months of the 7/7, plus ~9% in overtime and holiday pay, puts you at roughly $73,193.

You can put 20% of your gross into a 401k, and the company will match 51% of what you put in. So if you max it out, that's another $7466 added to your bottom line, bringing you to $80,659.

Good health, dental, and vision insurance for you and your family are also included for no premium, so factor that in as you see fit. No idea of the real dollar value of that.
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Old 05-02-2017, 02:38 AM   #5  
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I actually don't mind the occasional dawn patrol, but that's my inner freight dog speaking.
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Old 05-02-2017, 06:40 AM   #6  
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Originally Posted by Diver Driver View Post
About $25k/yr is a good estimate for total healthcare expenses for the company. For my family, they're paying about $950 every two weeks, I pay nothing... obviously it'll be less if you're single. The 401k match is at 52% of 20% and will increase 1% each year until it caps at 58%.
The company isn't paying 2k a month to insure you and your family. Most premiums at other companies are about 800 a month for a family. I pay 650 a month where I'm at now for pretty good coverage (NetJets was pretty good coverage too) for me and my family.
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Old 05-02-2017, 09:11 AM   #7  
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My coverage is better now but yes I pay.

I'll correct myself. NetJets self ensures so maybe they are paying 25k a year to insure you. That doesn't mean that you'd be spending 25k if you left and worked at another company.

Stop getting so butthurt on every single word Leiber, I heard an IBB is coming lol 😂
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Old 05-02-2017, 11:09 AM   #8  
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I'm not trying to sway this conversation one way or another. I'm just providing facts. That $950/check is directly from my ADP annual enrollment statement.
No I'm with ya. The coverage is good, and it is free, that is a great benefit. But if comparing to another company, its not very fair to compare what NetJets pays to show what somebody would pay without it. That being said, 9k a year I think is very fair to say that a family at another company will pay.
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Old 05-02-2017, 11:15 AM   #9  
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Originally Posted by FLYLOW22 View Post
So, you took a paycut.

Maybe if you stopped jumping from carrier to carrier you'd start getting more out of your career.

You need a collection of wings in your drawer but not from multiple airlines...


Like this.



When you actually put some time in a place, you should get something back. Our FOs time is coming.

But you... you hire on in 2015 and didn't do a damned thing negotiate or apply leverage to get a single CBA consonant much less a vowel yet you bemoan louder than a beach seal on Pier 39!

I know... "but I was on probation"...

Yup... and since you didn't bargain, beeotching rights are hardly yours.

https://youtu.be/b1c4-rzRGCA

Make sure you use sound for full effect.


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You have multiple wings from multiple airlines you hypocrite, the only difference is you choose to ignore WHY you came to NetJets. Stop pretending you didn't come to NetJets because you were freaking desperate just like everyone else in 2001.

What's worse, coming to a company out of disparity and staying, or coming to see that the hype wasn't real, and leaving? You have been there 15 years and picketed, fought, stood by the pilot group and union, and at hour 11 when the new CBA was TA'd you fell on your sword, bravo sir, bravo. But ya stick it out 20 years and MAYBE the FO's will finally get something, the last 30+ years, lets just forget about that lol...

Oh and I took a paycut for year 1, I will make more than a 7 year FO on the 7/7 INCLUDING paying for health insurance next year. You should jump in the "I left NetJets for the airlines, now I wan't to come back" thread and comment in there, oh wait, it doesn't freaking exist.
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Old 05-02-2017, 11:20 AM   #10  
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That will be my last reply to you *. I am sick and tired of discussing something with another user, you coming in here and getting upset, and me having to defend myself and debate you. It is exhausting.

Last edited by UAL T38 Phlyer; 05-02-2017 at 02:21 PM.
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