arrrrree

Anyone currently flying for NJ that can provide some information on how much “additional pay” most guys are currently making?

Dustin77327

Just sent you a PM with info. Let me know what other questions you got!

jtf560

Part of it depends on what fleet you get to start and also how quickly you get through training. If you were initially assigned the Excel/ XLS (unlikely) verses the Lattitude, you could potentially be looking at over 10K less in FDP pay per year due to average hours flown per tour per fleet that is at least partially due to less maintenance reliability in the older fleets. Also you will ovbiously make less FDP pay if training takes a long time (almost always has nothing to do with how well you train, but with hideously inefficient training scheduling). Also if you do the long tour (8 day option) option, it will effect your pay beyond just the 3% extra for allowing them to schedule you longer tours- 8 days is an extra day to get the over 12.1 hour FDP pay without actually working more days overall. You can probably count on at least 20% above base without working the system and potentially a lot more if you are willing to do a lot of extended days, assuming they are offered to you. There are truly a lot of variables that come into play as with most work contracts. The NetJets contract just happens to have some newer wrinkles that aren't really found in other contracts.

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ExtendedDays

Netjets FO, YOS: 5, 2 months on 680, March-April training, 350 after that, 7/7 May-OCT, CC72 after

Base pay: $85,821.5
Overtime: $4,020.55
Non-Flight Pay: $3075.00 (33% goes to DC)
Flight Pay: $22,844.8 (33% goes to DC)
Extended Days: $5141.34
Holiday: $3,830.38
Late Last Day: $50.92
Long Tour (only Jan/Feb): $462.79
Night Flight: $5 (33% goes to DC)
One time contract sign bonus: $7050

Total: $132,302

401k Match: $10,640.01
401K Flight Pay “Direct (but not really) Contribution: $8555.21

201 Duty Days, 22 Tours flying (doesn’t include training including a new type), average of 19.7 hours flying per tour.

David Puddy

Completely agree. If you want decent FDP pay, hope to get a busy/popular fleet. Clearly the Latitude is the one to get these days for new hires.

Guard

I think moist people made about $90-100 first year on Latitude on 7/7.

DavidSkylark

Netjets FO, YOS: 5, 2 months on 680, March-April training, 350 after that, 7/7 May-OCT, CC72 after

Base pay: $85,821.5
Overtime: $4,020.55
Non-Flight Pay: $3075.00 (33% goes to DC)
Flight Pay: $22,844.8 (33% goes to DC)
Extended Days: $5141.34
Holiday: $3,830.38
Late Last Day: $50.92
Long Tour (only Jan/Feb): $462.79
Night Flight: $5 (33% goes to DC)
One time contract sign bonus: $7050

Total: $132,302

401k Match: $10,640.01
401K Flight Pay “Direct (but not really) Contribution: $8555.21

201 Duty Days, 22 Tours flying (doesn’t include training including a new type), average of 19.7 hours flying per tour.[/QUOTE]
So what happens to the 33% of FDP when you have reached your maximum contribution for the year? Maybe a dumb question but I thought the max was $19,500/yr and I know that some of you have got to be going over that with the 33% FDP contributions

Flyfalcons

The FDP money is considered a non-elective contribution; it does not count against the maximum elective contribution (19.5K).

ExtendedDays

If a company elects to contribute, it doesn't count as an employee contribution. Similar to how direct contribution 401ks work at the airlines. Pilots are getting way more than 19.5k a year into their 401k because they aren't the one contributing.

Das Auto

Quick question, does the health insurance plan at NJ qualify for an HSA account?

Thanks in advance.