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Originally Posted by StrapsNChains
(Post 3484862)
I totally agree. I wish I had not bought into what the Union and Company were selling at the expo. Back to airlineapps for me. A year in and I'll be LUCKY to see $70k this year. Shame on me for counting on "soft money." Look at the pay scale. That's all you're going to make plus per diem. DO NOT count on NFAD, FDPP, OT, early show, after midnight, etc. And you only get crew food on a flight brief. Other than that, good luck getting $50 a day stretch in this economy even eating cheap. Snake oil!
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$70k is a stretch. During initial training you're on the CC72 schedule which pays $84k a year, then you can stay on that or transition to 7&7 which is $69k or 8&6 which is $80k. That's bare base salary. Add the "soft pay" and realistically you're going to make at least $100k 1st year.
Its true that alot of the low hanging fruit some of us enjoyed over the last 12 months has become less abundant. There are several reasons for this. Less flight demand over the summer, more new hires coming online, and voluntary extended days now capped at 4 per bid period (on the 7/7 & 8/6.) New hire aircraft assignment is luck of the draw, but the Latitude and the 350 earn significantly more FDP than say the Sovereign or the XLS. That will undoubtedly create some winners and some losers when the assignments are given. That was mostly moot in the past since the majority went to the Phenom and XL, but now the latitude, longitude and the 350 are a real possibility for new hires. It's a roll of the dice. It feels strange to even say this, but It's now a reality for F.O.s to easily crack six figures in their first year at the regionals. I think it might be time for NetJets to sharpen their pencils if they want to remain competitive when it comes to attracting and retaining the best talent. With the current hiring environment, record inflation, and the massive about face in regional compensation, it's clear that the rules of the game have changed. |
Originally Posted by Das Auto
(Post 3484969)
$70k is a stretch. During initial training you're on the CC72 schedule which pays $84k a year, then you'll transition to 7&7 which is $69k or 8&6 which is $80k. That's bare base salary. Add the "soft pay" and realistically you're going to make at least $100k 1st year.
Its true that alot of the low hanging fruit some of us enjoyed over the last 12 months has become less abundant. There are several reasons for this. Less flight demand over the summer, more new hires coming online, and voluntary extended days now capped at 4 per bid period (on the 7/7 & 8/6.) New hire aircraft assignment is luck of the draw, but the Latitude and the 350 earn significantly more FDP than say the Sovereign or the XLS. That will undoubtedly create some winners and some losers when the assignments are given. That was mostly moot in the past since the majority went to the Phenom and XL, but now the latitude, longitude and the 350 are a real possibility for new hires. It's a roll of the dice. It feels strange to even say this, but It's now a reality for F.O.s to easily crack six figures in their first year at the regionals. I think it might be time for NetJets to sharpen their pencils if they want to remain competitive when it comes to attracting and retaining the best talent. With the current hiring environment, record inflation, and the massive about face in regional compensation, it's clear that the rules of the game have changed. Luck of the draw is not a fair way to make money at netjets. I agree that there should be an effort to change it. There are retirements and a fair amount of attrition. If hiring continues I’m concerned super mids won’t be available for SIC bid and I have to wait it out until I get displaced. |
Originally Posted by Das Auto
(Post 3484969)
$70k is a stretch. During initial training you're on the CC72 schedule which pays $84k a year, then you'll transition to 7&7 which is $69k or 8&6 which is $80k. That's bare base salary. Add the "soft pay" and realistically you're going to make at least $100k 1st year.
Its true that alot of the low hanging fruit some of us enjoyed over the last 12 months has become less abundant. There are several reasons for this. Less flight demand over the summer, more new hires coming online, and voluntary extended days now capped at 4 per bid period (on the 7/7 & 8/6.) New hire aircraft assignment is luck of the draw, but the Latitude and the 350 earn significantly more FDP than say the Sovereign or the XLS. That will undoubtedly create some winners and some losers when the assignments are given. That was mostly moot in the past since the majority went to the Phenom and XL, but now the latitude, longitude and the 350 are a real possibility for new hires. It's a roll of the dice. It feels strange to even say this, but It's now a reality for F.O.s to easily crack six figures in their first year at the regionals. I think it might be time for NetJets to sharpen their pencils if they want to remain competitive when it comes to attracting and retaining the best talent. With the current hiring environment, record inflation, and the massive about face in regional compensation, it's clear that the rules of the game have changed. 50% of students in INDOC go to XLS/Sovereign. Do you want to gamble 50/50 on whether or not you're going to make $70k vs going to Mesa, Envoy, PSA, Piedmont making GUARANTEED $100k with a path to a major? Never going to happen at NJA until something changes. And right now, NJ can't even keep its fleet healthy. Come to NetJets and enjoy the 4 walls of your hotel room. |
Originally Posted by shrsailplanes
(Post 3484978)
I don’t see the change in pay at the regionals as a breakthrough in airline pay and it’s smooth sailing from here. I see it as the fuse just got lit and the bomb is gonna go off. It seems really improbable that pay like that can continue for any length of time.
Luck of the draw is not a fair way to make money at netjets. I agree that there should be an effort to change it. There are retirements and a fair amount of attrition. If hiring continues I’m concerned super mids won’t be available for SIC bid and I have to wait it out until I get displaced. |
Originally Posted by Das Auto
(Post 3484969)
$70k is a stretch. During initial training you're on the CC72 schedule which pays $84k a year, then you can stay on that or transition to 7&7 which is $69k or 8&6 which is $80k. That's bare base salary. Add the "soft pay" and realistically you're going to make at least $100k 1st year.
Its true that alot of the low hanging fruit some of us enjoyed over the last 12 months has become less abundant. There are several reasons for this. Less flight demand over the summer, more new hires coming online, and voluntary extended days now capped at 4 per bid period (on the 7/7 & 8/6.) New hire aircraft assignment is luck of the draw, but the Latitude and the 350 earn significantly more FDP than say the Sovereign or the XLS. That will undoubtedly create some winners and some losers when the assignments are given. That was mostly moot in the past since the majority went to the Phenom and XL, but now the latitude, longitude and the 350 are a real possibility for new hires. It's a roll of the dice. It feels strange to even say this, but It's now a reality for F.O.s to easily crack six figures in their first year at the regionals. I think it might be time for NetJets to sharpen their pencils if they want to remain competitive when it comes to attracting and retaining the best talent. With the current hiring environment, record inflation, and the massive about face in regional compensation, it's clear that the rules of the game have changed. 50% of students in INDOC go to XLS/Sovereign. Do you want to gamble 50/50 on whether or not you're going to make $70k vs going to Mesa, Envoy, PSA, Piedmont making GUARANTEED $100k with a path to a major? Never going to happen at NJA until something changes. And right now, NJ can't even keep its fleet healthy. Come to NetJets and enjoy the 4 walls of your hotel |
Originally Posted by StrapsNChains
(Post 3484986)
When was the last time you saw a bid for an FO in a mid/super mid. INDOC guys are even going straight to the CE 700. Sure, 39 month seat kick, that you still can't leave because NOTHING is open.
Maybe spots in the CL650 will open up. It’s still a ways off, but I think about it. |
Originally Posted by shrsailplanes
(Post 3484990)
That’s my point. Super mids are going to new hires only at the moment. If that continues I’m not sure what it’s gonna look like when my lock is up in two-ish years.
Maybe spots in the CL650 will open up. It’s still a ways off, but I think about it. The fact is that most senior F.O.s know that their time to upgrade is coming so they don't want to transition to a new airframe only to take their 39 month seat lock balance along with them when they upgrade. Think XLS F.O. bidding the 350, then 6 months later being awarded captain in the Phoenom. now he's stuck there for 72 months (39 months plus the 33 remaining from the 350.) As a result there are more opportunities for F.O. on the more desirable fleets than ever before. Ironically you may find yourself in the same position when your seat lock is up 2 years from now. Certainly a possibility with the current pace of hiring and talk of a MRA. |
Originally Posted by Das Auto
(Post 3484969)
$70k is a stretch. During initial training you're on the CC72 schedule which pays $84k a year, then you can stay on that or transition to 7&7 which is $69k or 8&6 which is $80k. That's bare base salary. Add the "soft pay" and realistically you're going to make at least $100k 1st year.
Its true that alot of the low hanging fruit some of us enjoyed over the last 12 months has become less abundant. There are several reasons for this. Less flight demand over the summer, more new hires coming online, and voluntary extended days now capped at 4 per bid period (on the 7/7 & 8/6.) New hire aircraft assignment is luck of the draw, but the Latitude and the 350 earn significantly more FDP than say the Sovereign or the XLS. That will undoubtedly create some winners and some losers when the assignments are given. That was mostly moot in the past since the majority went to the Phenom and XL, but now the latitude, longitude and the 350 are a real possibility for new hires. It's a roll of the dice. It feels strange to even say this, but It's now a reality for F.O.s to easily crack six figures in their first year at the regionals. I think it might be time for NetJets to sharpen their pencils if they want to remain competitive when it comes to attracting and retaining the best talent. With the current hiring environment, record inflation, and the massive about face in regional compensation, it's clear that the rules of the game have changed. 50% of students in INDOC go to XLS/Sovereign. Do you want to gamble 50/50 on whether or not you're going to make $70k vs going to Mesa, Envoy, PSA, Piedmont making GUARANTEED $100k with a path to a major? Never going to happen at NJA until something changes. And right now, NJ can't even keep its fleet healthy. Come to NetJets and enjoy the 4 walls of your hotel |
Originally Posted by StrapsNChains
(Post 3484862)
I totally agree. I wish I had not bought into what the Union and Company were selling at the expo. Back to airlineapps for me. A year in and I'll be LUCKY to see $70k this year. Shame on me for counting on "soft money." Look at the pay scale. That's all you're going to make plus per diem. DO NOT count on NFAD, FDPP, OT, early show, after midnight, etc. And you only get crew food on a flight brief. Other than that, good luck getting $50 a day stretch in this economy even eating cheap. Snake oil!
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