Pay and Schedules for NetJets new hires?
Can someone in the know please give a brief overview of salary, initial schedule and benefits that a new hire can expect in the first four to six months of employment?
I see that there are three schedule types with three different pay schedules. Which one are you on when you start training and when do you transition to one of your choosing? During training can a new hire expect to be away from "base" for the entire period of initial training from start to finish? Or does the company provide air travel to and from base during periods of inactivity? (ie. weekends, or down time between indoc, systems and sim) Of the three schedules, what can a junior pilot expect to hold. Do more senior pilots gravitate towards the 7 on 7 off schedule or the more lucrative (at first glance) 18 day fixed? Many more questions to come but I think that this is a start. |
Duplicate thread. Please Ignore.
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Pay starts day one of Indoc. You will be on the 18 day schedule and pay until a schedule bid is released. You can bid any one of the three. Your seniority will demermine if you get the one you want. This varies between fleets. If you want the 18day and your seniority flushes you out, you will be put on 7&7. Most likely you will go home in between Indoc and Initial type.
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Netjets $5,766. a month starting day 1 of indoc, plus $41. a day perdiem and hotel is always paid for.
You also start earning 14 vacation days and 12 sick days a year. A newhire on the 7&7 should look like this: You will be on the 18 day schedule the 1st 4 months, base $69000. = $23000. 7&7 next 8 months, Base $57000. = $38000. Holiday pay, daily rate (base divided by 26 divided by 7) x 1.5 = $470., say u work 4 = $1880. Overtime, hourly rate (daily rate divided by 12) x 1.5 = $39. hr, about 5 hrs per tour = $2700. for 8 months, in training the first 3 or 4 months. Not back at your base airport by midnight on your 7th day, 2 extended days (3 x daily rate) = $940., plan on at least one = 940. Total first yr $66,500. 401k match is .50 per 1.00 up to 15% of gross, so add another $5000., $71,500. your 1st yr. if you put 15% into 401k. For the following years, base salary plus 10% will be close to gross. |
Originally Posted by lpcunity
(Post 435368)
Pay starts day one of Indoc. You will be on the 18 day schedule and pay until a schedule bid is released. You can bid any one of the three. Your seniority will demermine if you get the one you want. This varies between fleets. If you want the 18day and your seniority flushes you out, you will be put on 7&7. Most likely you will go home in between Indoc and Initial type.
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Originally Posted by NetJets_DA2Easy
(Post 435394)
Netjets $5,766. a month starting day 1 of indoc, plus $41. a day perdiem and hotel is always paid for.
You also start earning 14 vacation days and 12 sick days a year. A newhire on the 7&7 should look like this:........ For the following years, base salary plus 10% will be close to gross. I think you forgot to add in the cost of Medical that they pay for as well!! That's is an impressive first year. |
Originally Posted by WaterSkr
(Post 435415)
I think you forgot to add in the cost of Medical that they pay for as well!!
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You are in Columbus for 2 weeks for indoc and then at sim training for the duration of the training. There is no travel home on weekends and no days off. My training (CE560) took 19 days.
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Originally Posted by WaterSkr
(Post 435399)
Thanks for that information. How long have you been there, what airplane are you on, what schedule do you prefer and how do the 15 day and 18 day schedules vary?
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