Netjets pay question
 

I ran into a Netjets first year fo in AUS. He is a former Flexjet pilot, 2001 or 2002 hire date. He was a Challenger fo here. He is on the Latitude at Netjets. I don’t know him personally, but the pilot I was flying with knew him. He flys the 72 schedule, so 18 days per month. He volunteers for 8 day rotations. He showed us his year to date earnings summary. He has earned just over $70,000 through the month of May. That puts him on track to gross just under $170,000 in his first year. I’m in my thirteenth year at Flexjet. I’m a Phenom captain. I’m on track to gross $145,000. My questions are:
1) What is the override for 8 day rotations?
2) If you are on the 72 schedule, how long is each vacation, including days off on either side?
3) How does PTO work as far as the pilot selecting days off? Can I elect to take two days on either end of a rotation to block 10 or 11 days in a row off?
4) Does the Phenom fly as much as the Latitude?
5) What is the height requirement to size test out of the Phenom?
Thank you!

1. Base salary is increased +3% for the entire bid period a pilot signs-up for 8-day trips (even if you never fly an 8-day trip, you still get paid the override for that bid period)

2. Each full vacation period is 7 days. On the 72 schedule, the company will not put you on the schedule the 4 days prior to and the 4 days following your vacation week. These 8 "lead-in" days combine with a vacation week for a 15 day duty free block.

3. PTO days are bid through the portal on the company website. They are bid on a monthly basis right after the Crew Schedules are awarded. After the monthly PTO bids are awarded, remaining PTO days available are placed on the "First Come, First Served" portal where a pilot can pick-through the leftovers. First Come PTO days are awarded instantaneously. -- depending on PTO days available (notwithstanding company blackout dates, etc...) you might be able to accomplish what you are suggesting. -- However, you cannot use PTO days to shorten a trip to 4 days or less (you would have to take the entire trip off).

4. I haven't flown the Phenom or Lat, but am told the Latitude and the CL350 are the two busiest fleets.

5. Anyone can request a fit test, it has more to do with femur length than overall height. Not surprisingly, the company will not disclose what the specific measurements are... Pilots have to go through the process individually to find out if they fit or not.

Sent from my LGLS991 using Tapatalk

1st year F/O pay on the CC76 starting this December is $85,446, that's off the pay grid thread. As already stated add 3% for 8 day tours, that brings it up to $88,009. Before the FDP program started you could usually make another 10% on overtime and holiday pay. Now you can make quite a bit more depending on how busy your fleet is. You'll easily break 100K after getting thru training and hit the line.

The Latitude is the hottest selling jet NJA has, there are up to 100 of them now. So there's a good chance you'd get hired into it. I flew the Phenom, it's somewhat busy but breaks more than the Latitude. Probably won't be as much FDP pay but it'll still be quite a few extra $$$. FYI, I'm 5'10" with a 30" inseam and still had one detent left on the rudder pedal adjustment.

I can't imagine any way a first year SIC would be able to do that well. No contract bonus for him to have a big one time pay bump. The only way would be to be done with training and fully online by January 1st and on the 76day schedule with the long tour option and extending almost every day he would have been off along with a crazy amount of FDP pay. I'd rate it as a 1% chance for a first year SIC (going into 2nd year) would do that well as a NetJets SIC.

Sent from my LG-H872 using Tapatalk

I can't see making more than $130K 1st year, and that's the 1st year after you hit the line. And that's only if you fly your ass off in a busy fleet making tons of FDP. Using $89K 1st year SIC on 8 day option, adding 10% OT and Holiday pay and other misc pay, might put you at $97K. And that's above average I think unless you live at a domicile that barely qualifies with enough airline service and results in a few after midnight arrivals home (those pay 2 extended days).

I've seen some post on the various NJA threads about year to date FDP pay and I don't think I've seen anyone say over $15K so far, (could be wrong about that) and that might include the 1/3 that goes into your 401k. So really I'd take an educated guess you won't see over $120K unless you fly a lot of extended days.

But also factor in our great health insurance that we pay nothing for. Office visit is a flat $20; ER and/or hospital admission is a flat $150; diagnostic imaging has zero copay. If you add what you're paying for healthcare now that might make quite a difference. Also add the 55% match to the 401K ($10,450 if maxing the $19K contribution).

Depending on what you spend on healthcare that could get you close to the $145K you're on track to make at the current job.

FYI

I've been flying with a November 2018 hire. He works the 7/7 and tries to get the max 4 extended days per trimester (the 4 extended day max is a 7/7 limit only). He's on track to be around $110k gross pay for the year.

2020 his base pay will increase $6K because it's his second year and contract "COLA"

I'm a 15 year capt. I only work the 7/7, I don't extend, I take all my vacation and PTO days (I work the minimum). When I subtract out the $25k one time contract signing bonus we got in January, I'm on track to hit $217k in gross pay.

15 year capt base pay increases $5k for 2020

I'm on the 7/7, no extended days. Pay period ending 6/15, I'm at $13,800 flight pay, $1,700 non flight assignment, and $240 night flight pay. I'd say I'm average for the Latitude fleet. I've never broken the 30 hour mark for a week. I've had 2 weeks of less than 12.1. Most weeks I'm 22-27 hrs. I could definitely fly more hours in a week but I usually get one day of hotspare each week.

Someone on the 8 day tours would definitely make more than me.

Is there any incentive for pilots to bid a new fleet like the Longitude with the potential for EIS glitches or unknown early demand? Would someone leave a busy fleet like the Latitude or 350 for a new fleet considering the FDP?

Clearly pilots from the less busy or smaller aircraft fleets would consider the Longitude.

Do you how much First Officer makes 1st year ??? Thanks

Technically, the company is matching at 56% for this year.

Also, keep in mind that 33% of your FDP pay will be deposited as a non discretionary company contribution to your 401k, so you’ll only see 67% in your actual paycheck. Good for those that aren’t good at saving....

Also, to add to what’s been said, the 8 day option is more a of chance to get more FDP money out of a tour, versus collecting the measly 3% override. That’s why is has suddenly become so popular. Last 8 day I did netted me $2900 in FDP pay.

As far as making 170k on first year pay, I call BS! No way is that going to happen. High end of the range would be just shy of 130k. That includes base pay, 12 extended days per year, 10% soft pay, and 30k in FDP earnings. You’d have to permanently live out of your suitcase to make more....