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07-27-2017, 05:14 PM
#2244
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Joined APC: Jan 2007
Position: B717 CA
Posts: 447
Originally Posted by Das Auto
So what could a new hire realistically expect to gross in their first year on the 7 & 7 schedule considering all the soft pay etc?
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07-27-2017, 05:27 PM
#2245
Gets Weekends Off
Joined APC: Jul 2008
Posts: 825
Originally Posted by Das Auto
So what could a new hire realistically expect to gross in their first year on the 7 & 7 schedule considering all the soft pay etc?
If you can afford to put money into the 401K (highly recommended), the company will match 52% of what you put in, up to 20% of your gross pay. So while it will hurt a bit short-term, investing as much as you could would gain you another ~$7500 in total compensation in the form of the 401K match. Just something to consider.
07-27-2017, 06:07 PM
#2246
Gets Weekends Off
Joined APC: Sep 2013
Posts: 684
Originally Posted by CA1900
You'll be forced on the higher-paying 18-day Training Schedule and then the 72-day schedule for the first few months. Call it four months, with the remaining eight months on the 7/7. So that'd be $67114 gross, plus I'd guess around 7% for things like overtime and holiday pay. I'd estimate around $72K gross for the first year. Year 2, if you did it all on the 7/7, would be around $70K. (I use 7% as that's about what I averaged. It was very rare for me to see 10% in soft money.)
If you can afford to put money into the 401K (highly recommended), the company will match 52% of what you put in, up to 20% of your gross pay. So while it will hurt a bit short-term, investing as much as you could would gain you another ~$7500 in total compensation in the form of the 401K match. Just something to consider.
If you can afford to put money into the 401K (highly recommended), the company will match 52% of what you put in, up to 20% of your gross pay. So while it will hurt a bit short-term, investing as much as you could would gain you another ~$7500 in total compensation in the form of the 401K match. Just something to consider.
07-27-2017, 06:24 PM
#2247
Gets Weekends Off
Joined APC: Jul 2008
Posts: 825
Originally Posted by Das Auto
Good info. Thanks for the response. Any idea on the 401k vesting schedule? Would you loose the company match if you left in a couple of years?
07-27-2017, 06:41 PM
#2248
Gets Weekends Off
Joined APC: Dec 2005
Position: CA
Posts: 109
Originally Posted by Das Auto
Good info. Thanks for the response. Any idea on the 401k vesting schedule? Would you loose the company match if you left in a couple of years?
07-27-2017, 06:56 PM
#2249
Gets Weekends Off
Joined APC: Sep 2013
Posts: 684
Originally Posted by eglplt
I can't recall the schedule off the top of my head, but it's incremental with full vesting after 6 years.
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