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The thing with the median is NONE of the other numbers matter. All that the median is, is the middle term, so they would have taken x pilots salaries and the median is simply the middle guys salary. None of the other salaries matter when computing the median. The median is used to minimize those extreame variates such as the 747 captain pay and a 1900 fo pay.
Medians are commonly used in per capita income studies and salary studies to minimize the effect of the few highly paid people. The mean will always be higher then the median in these cases. Im going to ask my statistics proffesor tommorow about this and see what he says. Either way pilots is one of the highest paid proffesion there is. The majority of Americans make about $40,000 approximatly. |
Another note on pay. Be glad it isnt like canada where the guys that throw the bags around make more then most the regional pilots.
Or how the flight attendents sued AirCanada saying that flight attendents deserve the same pay as the pilots. They claimed FA's were payed less because they were mostly women while the pilots were mostly men. Sadly the court sided with the FA's..... however that was like 6 months ago and havnt heard anything since. |
Originally Posted by Linebacker35
(Post 120628)
Or how the flight attendents sued AirCanada saying that flight attendents deserve the same pay as the pilots. They claimed FA's were payed less because they were mostly women while the pilots were mostly men. Sadly the court sided with the FA's..... however that was like 6 months ago and havnt heard anything since.
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Originally Posted by Linebacker35
(Post 120624)
Either way pilots is one of the highest paid proffesion there is. The majority of Americans make about $40,000 approximatly.
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Originally Posted by Linebacker35
(Post 120624)
The thing with the median is NONE of the other numbers matter. All that the median is, is the middle term, so they would have taken x pilots salaries and the median is simply the middle guys salary. None of the other salaries matter when computing the median. The median is used to minimize those extreame variates such as the 747 captain pay and a 1900 fo pay.
Medians are commonly used in per capita income studies and salary studies to minimize the effect of the few highly paid people. The mean will always be higher then the median in these cases. Im going to ask my statistics proffesor tommorow about this and see what he says. . I can guarantee you that the mean in this case is NOT greater than the median...there are FAR more regional FO's than international wide-body captains, I would guess 100 to 1. |
Originally Posted by rickair7777
(Post 120661)
I can guarantee you that the mean in this case is NOT greater than the median...there are FAR more regional FO's than international wide-body captains, I would guess 100 to 1.
By my estimation: The LOWEST paid pilots make maybe 100k less than the median (only 35k). The HIGHEST paid pilots make more than 165k more than the median (>$300k although we've all heard of the workaholics who make more like $400k). Since there's an equal number above and below the median number, you want to revise your "guarantee" of the median? |
Originally Posted by 1Seat 1Engine
(Post 120736)
The LOWEST paid pilots make maybe 100k less than the median (only 35k). Check out the youtube video "so you want to be a regional airline pilot" for some numbers on starting pay at a lot of these places. Sure if you average out between F/Os and captains you might get that number, but you aren't averaging out to get the $300k number either. And there are NOT very many 300k guys at all. There are a whole lot more regional pilots than high paid majors pilots... and I would venture that there are probobly more regional pilots than major pilots overall anyway. I'll take you up on your "guarantee" challenge and say that I think he's spot on. BTW, first year pay at Alaska airlines is around $35k. |
Originally Posted by Linebacker35
(Post 120544)
http://msn.careerbuilder.com/custom/..._917_spotlight
The median income for an airline pilot is $135,040. Since it is the median, it means that half of all airline pilots get paid more then $135,040 per year. Which also means that half of all pilots get paid less then that. Interesting it beat out dentists, engineers, and lawyers I would like to meet both these pilots so that I my become their bidding student. |
Originally Posted by Skygirl
(Post 120595)
My ex might appear to make a large amount of money but when you consider his overhead, one might not be so envious. |
Originally Posted by Linebacker35
(Post 120628)
Another note on pay. Be glad it isnt like canada where the guys that throw the bags around make more then most the regional pilots.
Or how the flight attendents sued AirCanada saying that flight attendents deserve the same pay as the pilots. They claimed FA's were payed less because they were mostly women while the pilots were mostly men. Sadly the court sided with the FA's..... however that was like 6 months ago and havnt heard anything since. When I was hired at Continental Express the new hire flight attendants made more than the new hire FO's. The FO's complained, so the company lower the FA's pay! Woops. That was in the mid '90's. It's different now. I also made $26/hr to fly a 64 seat ATR-72. That's CAPTAIN pay. :mad: |
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