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Earning Potential and QOL at your Major?
Hi all,
I was wondering if some of you can provide some details besides just the pay scale at your Major Airline to have a better idea of how much money I can actually make in a year. There was a very good thread a couple of years ago where people would describe some of these details like actual W2 earnings, profit sharing amounts, how much premium is paid for open time pick ups, etc but I cant find it. So Something like this: Company FO or CA Pay Scale Year Last year W2 How much from Profit Sharing/bonuses How Much is paid for Open Time? (Straight pay? 200% 300%?) Average Credit Hrs/month Days Off Last Year Thank you! |
Break out the dick measuring sticks.
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https://www.airlinepilotforums.com/major/92153-true-comparison-pay-vs-quality-life.html
There ya go. Thread is dated 2015 I believe but it was necro'd earlier this year |
Originally Posted by Fishplow
(Post 2402267)
Break out the dick measuring sticks.
I find it useful to compare what can be actually made at different companies. Everyone knows it's more than the hourly rates. I find these discussions very interesting. |
Originally Posted by ebuhoner
(Post 2402263)
Hi all,
I was wondering if some of you can provide some details besides just the pay scale at your Major Airline to have a better idea of how much money I can actually make in a year. There was a very good thread a couple of years ago where people would describe some of these details like actual W2 earnings, profit sharing amounts, how much premium is paid for open time pick ups, etc but I cant find it. So Something like this: Company FO or CA Pay Scale Year Last year W2 How much from Profit Sharing/bonuses How Much is paid for Open Time? (Straight pay? 200% 300%?) Average Credit Hrs/month Days Off Last Year Thank you! Click above where it reads Airline profile and start doing some math Or give it or take here it is : 30 years = 7 million dollars DL AMR UAL Fedex UPS SWA |
Originally Posted by shreddykreuger
(Post 2402284)
https://www.airlinepilotforums.com/major/92153-true-comparison-pay-vs-quality-life.html
There ya go. Thread is dated 2015 I believe but it was necro'd earlier this year |
There's more to life than money.
GF |
Thats true. But his question wasnt about life, it was about money.
Ive met some big earners at DL. Ive loved the stories. Even as Ive noted I dont want their life. Knowledge is good. |
Originally Posted by ebuhoner
(Post 2402263)
Hi all,
I was wondering if some of you can provide some details besides just the pay scale at your Major Airline to have a better idea of how much money I can actually make in a year. There was a very good thread a couple of years ago where people would describe some of these details like actual W2 earnings, profit sharing amounts, how much premium is paid for open time pick ups, etc but I cant find it. So Something like this: Company FO or CA Pay Scale Year Last year W2 How much from Profit Sharing/bonuses How Much is paid for Open Time? (Straight pay? 200% 300%?) Average Credit Hrs/month Days Off Last Year Thank you! But to answer your question, a lot. You'll make sufficiently more money than your neighbor Joe Firefighter or Susie Nurse or Jack CPA. And you'll have better time off. Jackie Lawyer and Natalie Doctor will prolly out earn you, but they work haaaaaaard for their money. Most Majors and all Legacies will have you earning solid six-figure incomes within three years of getting hired. Most within two. The rest of your questions really don't matter, because everybody's situation is different from the next guy. Get hired. That's all you need to know or worry about. |
Originally Posted by Sputnik
(Post 2402330)
Thats true. But his question wasnt about life, it was about money.
Ive met some big earners at DL. Ive loved the stories. Even as Ive noted I dont want their life. Knowledge is good. |
Originally Posted by Sputnik
(Post 2402330)
Thats true. But his question wasnt about life, it was about money.
Ive met some big earners at DL. Ive loved the stories. Even as Ive noted I dont want their life. Knowledge is good. He was on perpetual go- mode. TEN |
Originally Posted by intrepidcv11
(Post 2402417)
Have they told you the real key to long term wealth? Hint hint solid gold bars in a secure location...
|
Originally Posted by qball
(Post 2402539)
If you get married. Keep the first wife. If you can't do that, don't get another one.
|
Originally Posted by hockeypilot44
(Post 2402542)
Keeping the first wife involves passing up green slips to keep plans with her.
So my rule of thumb is, try to have a great marriage. If you have done your best to create that union and its not working; sever the tie and NEVER MARRY AGAIN! In my opinion, marrying the 2nd time and beyond is disaster. TEN Ps. I am still married :) |
In summary, best advice is don't take advice regarding marriage or money from pilots.:D
|
Originally Posted by galaxy flyer
(Post 2402313)
There's more to life than money.
GF Personally, I jumped up to my current fleet because it's fairly well staffed, which allows one to drop down to 6-9 days/month. Tons of time off and still making some dang good money. Everyone has their thing. |
Originally Posted by TenYearsGone
(Post 2402579)
Don't listen to that garbage of keeping your first wife, either. Its well worth it to dump her and pay her to leave if she is making you miserable. It probably cost more to keep her then pay for her to leave.
So my rule of thumb is, try to have a great marriage. If you have done your best to create that union and its not working; sever the tie and NEVER MARRY AGAIN! In my opinion, marrying the 2nd time and beyond is disaster. TEN Ps. I am still married :) |
Is this where the Three F's rule comes in?
|
Originally Posted by at6d
(Post 2402942)
Is this where the Three F's rule comes in?
The most financially well off pilots use this rule. Although I am 2 out of 3. Married 41 years. Over time I think it was better than renting. |
Originally Posted by at6d
(Post 2402942)
Is this where the Three F's rule comes in?
|
Originally Posted by TenYearsGone
(Post 2402506)
One that comes to mind is a grumpy, out of shape and miserable looking fellow on the narrow-body in Mecca. He was north of 7!
He was on perpetual go- mode. TEN |
Originally Posted by itsmytime
(Post 2403086)
What are the three "F"'s?
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Originally Posted by flyguy81
(Post 2403199)
Fu@&$, Flies or Floats
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I've met some of the known big earners on the 88, they were north of 5. Impressive, but well under 7.
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Isn't there a saying about keeping your FO wife and your FO house? That's got to be a key to wealth as well.
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Originally Posted by cesnacaptn
(Post 2403462)
Isn't there a saying about keeping your FO wife and your FO house? That's got to be a key to wealth as well.
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Originally Posted by Fishplow
(Post 2402267)
Break out the dick measuring sticks.
You just need to be willing to work your butt off. And it's not for everyone, many people want to enjoy what is left of their lives. I would be more interested in who makes the bucks while getting a decent amount of time off, in order to enjoy those dollars. |
Originally Posted by intrepidcv11
(Post 2402417)
Hint hint solid gold bars in a secure location...
|
Originally Posted by Fishplow
(Post 2402267)
Break out the dick measuring sticks.
|
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