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Old 05-14-2007 | 05:50 AM
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Default NetJets Pay

If you upgrade to a new airplane do you start all over from year 1 pay on the new aircraft??? Thanks all!
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Old 05-14-2007 | 07:17 AM
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Originally Posted by CaptainTeezy
If you upgrade to a new airplane do you start all over from year 1 pay on the new aircraft??? Thanks all!
For Class I, II, and III - No. If you upgrade in year 3, you start at 3rd year Capt pay.
For Class IV and V - Yes, But newhires won't worry about that level for a loooooooooong time.
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Old 05-14-2007 | 09:42 AM
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In the current pay system (what it is on this particular contract) a new hire will probably have to be here for at least 15 to 20 years to become a class IV or V captain. There just aren't that many class 4 or 5 airplanes. There are a lot more rich people than I realized before I came here, but you have to be pretty filthy rich to afford shares on class 4 or 5 and there just aren't so many of those people out there.
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Old 05-14-2007 | 10:28 AM
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If you were hired today May 14th 2007 and upgraded 4 years later on May 14th 2011 your base pay would be $106,813. 5th year captain pay per the current contract, but that will increase with the new contract in 2010. You can also expect to make an additional 10% above your base for overtime pay.
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Old 05-14-2007 | 10:43 AM
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Originally Posted by jtf560
There just aren't that many class 4 or 5 airplanes...there just aren't so many of those people out there.
Not entirely. There are over 58 Class IV/V aircraft in the system (NJA/NJI US). The problem is most of the people who are flying them have been here for many years and are not very old. Younger guys (35-40 ish) in the left seat means longer turnover times. (less retirements from those a/c). And lets face it, very few if any of them will leave here for the airlines. I'm not.
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Old 05-14-2007 | 12:10 PM
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Originally Posted by NJA Capt
Not entirely. There are over 58 Class IV/V aircraft in the system (NJA/NJI US). The problem is most of the people who are flying them have been here for many years and are not very old. Younger guys (35-40 ish) in the left seat means longer turnover times. (less retirements from those a/c). And lets face it, very few if any of them will leave here for the airlines. I'm not.
NJA Capt,

I can't blame you for not wanting to leave. Friend of mine is a FO on CE750 and loves it. Hopefully down the road I can join him.

V/R,
Apollo
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Old 05-24-2007 | 12:16 AM
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Met "Skippy" at a presenation for NJME. At the initial interview, he refused to discuss pay benefits and other issues in a rather ungentlemany manner. Hmmm bullying tactics from the get go. I sure didn’t get those warm and fuzzys that other NJ guys were talking about. I got up and started walking for the door. He said excuse me, but where are you going? The presentation isn’t over yet.” I retorted “I’m not even an employee of NJME and already you’re copping and attitude. I would hate to imagine if I were an employee… adios amigo and good luck to all.”

Maybe its better for the US based NJ guys... I hope.
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Old 05-24-2007 | 04:37 AM
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Originally Posted by captjns
Met "Skippy" at a presenation for NJME. At the initial interview, he refused to discuss pay benefits and other issues in a rather ungentlemany manner. Hmmm bullying tactics from the get go. I sure didn’t get those warm and fuzzys that other NJ guys were talking about. I got up and started walking for the door. He said excuse me, but where are you going? The presentation isn’t over yet.” I retorted “I’m not even an employee of NJME and already you’re copping and attitude. I would hate to imagine if I were an employee… adios amigo and good luck to all.”

Maybe its better for the US based NJ guys... I hope.
I don't think NJME is part of the true NetJets organization. I think they just have some deal where they can use the NetJets name.
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Old 05-25-2007 | 05:44 AM
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It's like a franchise.
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Old 05-25-2007 | 07:18 AM
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Does NetJets Type FO's in initial training?
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