at6d

“Jehova! Jehova! Jehova!” Stoning reference for millennial googlers.

As a former 91 corporate guy we used to be in class often with NetJets folks. Good people and I’m glad they are at a good gig. The corporate world has seen a lot of big changes as well—it’s not just the airlines.

Halon1211

okay so he flew extra on his days off and hustles to make more money. Nothing different that what you can do at an airlines.

The vacation sounds nice, sounds like something I shoot for at my airline, days off at the ends of my vacation.

labbats

I’m happy to see fractional post here too.

However, after reading all that was said it seems this poster in particular padded everything and omitted it until later.

$20,000 signing bonus and working over your vacation for 2.5 times pay that is contractually ending soon does not paint a proper picture of pay if someone chose NetJets over an airline.

His/her entire post was misleading. I believe that is why everyone is teasing them. Why pump up all your pay and then act like you’re on the same level? It’s disingenuous.

ASACapt

It’s a 2021 salary survey. Those are hard numbers and I didn’t misrepresent anything. That’s what I made in 2021. I apologize if you feel that way.

I, just like everyone else here took advantage of a lot of 2021 premium pay options because of the covid shortage and demand on the aviation system. Do you think it’s normal for a FedEx pilot to make 1mill/year during a normal year? What about the pilots making $140k and fly zero hours? Is that misrepresented as well? We know that’s not normal and only possible because of 2021 options afforded to airlines.

It was a good year for everyone. Every airline seemed to offer an increase in pay incentives. Most of us took advantage of them in some way. In the end, we all made more in 2021.

If we experience a normal year, most Netjets captains will still make over $280k in 2022 and work less than we did in 2021. Most senior FO’s will make over $180K. We will still put about $45-50k in our 401k. That’s still a very respectable income and on par with my buddies at the legacies.


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Whalehunter

Cause it is not a contender. Flashing your pay, still doesn't reflect that Netjets isn't a major airline.

Halon1211

as far as the 401(k) not even close.

you said Legacy.

a legacy pilot is getting a 15-16% DC depending on the airline.

lets say a top captain making $350,000 at 15%

is $52,500 plus the IRS limit ($19,500) of what they contribute is $72,000.

heck even a top Spirit captain this year, can put more away in their 401(k) than that range you mentioned.

ASACapt

Again. Moving on. Back to the salary surveys.

avi8er

of course he padded and omitted some. But who cares. I am glad to see Netjets pilots making some decent money. They deserve it. It was hard fought 2015. We are all in the same boat. It’s win win. The more they can attract from 121 the better. Imagine if all the business jets out there paying their captain 300k then hell a major better be paying their captain 600k minimum.

AllYourBaseAreB

that’s not how 401k limits work. It’s a combined total of company and you. For 2021:

you can do up to = 19,500
if over 50 you can do = 26,000

company can do up to, if a 16% DC = 46,400 (IRS contributions capped when income hits 290k)

the combined total cannot exceed = 58,000
unless over 50. you can do = 64,500

most places pay anything over the limits as normal income

Halon1211

I was just referring to a pilot contributing the most that they can do. which for this year is $19,500. And yeah I guess if you’re an old fart you can contribute more.

I was just adding the two numbers up.

(company DC + Pilots contributions = total.)