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Old 07-27-2017 | 07:19 PM
  #2251  
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10% is a pretty good guesstimator -- so around $68k is a good ballpark.

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Old 07-27-2017 | 07:21 PM
  #2252  
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Originally Posted by Das Auto
No doubt the benefits package at NetJets is very attractive. Got to be in for the long haul though I guess.
I thought that once also, now after 12 years I'm really regretting that decision!
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Old 07-27-2017 | 08:09 PM
  #2253  
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Originally Posted by eglplt
I thought that once also, now after 12 years I'm really regretting that decision!
Well, on the bright side you're getting 4 weeks vacation a year. That's 21 days off every quarter on the 7 & 7.
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Old 07-28-2017 | 05:27 AM
  #2254  
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Originally Posted by Das Auto
Well, on the bright side you're getting 4 weeks vacation a year. That's 21 days off every quarter on the 7 & 7.
I take it the interview went well? Congrats. Did they give you an idea on classes?
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Old 07-28-2017 | 05:47 AM
  #2255  
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Originally Posted by Das Auto
Well, on the bright side you're getting 4 weeks vacation a year. That's 21 days off every quarter on the 7 & 7.
Yea that vacation is seriously awesome. It’s a huge benefit and unmatched anywhere else.
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Old 07-28-2017 | 06:18 AM
  #2256  
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Originally Posted by CA1900
You'll be forced on the higher-paying 18-day Training Schedule and then the 72-day schedule for the first few months. Call it four months, with the remaining eight months on the 7/7. So that'd be $67114 gross, plus I'd guess around 7% for things like overtime and holiday pay. I'd estimate around $72K gross for the first year. Year 2, if you did it all on the 7/7, would be around $70K. (I use 7% as that's about what I averaged. It was very rare for me to see 10% in soft money.)

If you can afford to put money into the 401K (highly recommended), the company will match 52% of what you put in, up to 20% of your gross pay. So while it will hurt a bit short-term, investing as much as you could would gain you another ~$7500 in total compensation in the form of the 401K match. Just something to consider.
How does being forced on the 72 day schedule work? I thought that was only for IOE, the several months part is confusing me?

And (don't roast me here) is the 10% including per diem, tips, etc, or just soft pay. I know a lot of people don't consider that pay, I'm just trying to estimate what the actual bring home will be each month.
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Old 07-28-2017 | 06:22 AM
  #2257  
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Originally Posted by V1rotatebugv2
How does being forced on the 72 day schedule work? I thought that was only for IOE, the several months part is confusing me?

And (don't roast me here) is the 10% including per diem, tips, etc, or just soft pay. I know a lot of people don't consider that pay, I'm just trying to estimate what the actual bring home will be each month.
You will be on 72 day training until you are done with IOE. 4 months is a stretch. It’s going to be less than that if you want off of it more than likely.

10% is everything. That’s a good safe number to add on top of base pay.
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Old 07-28-2017 | 06:31 AM
  #2258  
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Originally Posted by V1rotatebugv2
How does being forced on the 72 day schedule work? I thought that was only for IOE, the several months part is confusing me?
It depends on the timing of the schedule bids, but yeah, 4 months would be on the long side. I just did it as an example. If you're on the 7/7 sooner, then reduce the salary estimate as needed.



And (don't roast me here) is the 10% including per diem, tips, etc, or just soft pay.
Just soft pay, and as I said, 10% is on the high side. My average over the past few years was 7%, and that was on the busy Excel fleet. Your mileage may vary.

Tips are pretty rare; a couple hundred bucks a year. I wouldn't budget for those. Per diem probably won't all get spent because of crew meals, but I don't include that as salary.
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Old 07-28-2017 | 07:13 AM
  #2259  
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Originally Posted by CA1900

Tips are pretty rare; a couple hundred bucks a year. I wouldn't budget for those. Per diem probably won't all get spent because of crew meals, but I don't include that as salary.
Dang, yalls tips are low. I average about an extra 500-600 a month on average. Thats including Netjets customers.

Last edited by pilot0987; 07-28-2017 at 07:13 AM. Reason: H
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Old 07-28-2017 | 07:19 AM
  #2260  
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Originally Posted by pilot0987
Dang, yalls tips are low. I average about an extra 500-600 a month on average. Thats including Netjets customers.
If you get 600 a year at NetJets you are doing well on tips. Owners were taught a while back not to tip, and it’s still pretty much like that. But every now and then you’ll get one.
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