Ameriflight
04-13-2015 | 11:19 AM
#2441
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Joined: Oct 2013
Posts: 65
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04-13-2015 | 12:05 PM
#2442
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Joined: Aug 2011
Posts: 667
Likes: 2
From: Any
04-13-2015 | 12:27 PM
#2443
On Reserve
Joined: Oct 2014
Posts: 15
Likes: 0
04-15-2015 | 02:14 PM
#2445
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Joined: Aug 2011
Posts: 667
Likes: 2
From: Any
AMF announced a new pilot retention bonus plan yesterday, effective for at least the next 12 months.
For the next three 4 month periods (May-Aug, Sep-Dec, Jan-Apr) every pilot actively employed from the beginning to the end of the period will receive a bonus at the end of the period ranging from $2000 - $4500 per period, depending on aircraft qualifications.
Let's see.. New car? Pay of debts?
For the next three 4 month periods (May-Aug, Sep-Dec, Jan-Apr) every pilot actively employed from the beginning to the end of the period will receive a bonus at the end of the period ranging from $2000 - $4500 per period, depending on aircraft qualifications.
Let's see.. New car? Pay of debts?
04-15-2015 | 03:56 PM
#2446
On Reserve
Joined: Oct 2014
Posts: 15
Likes: 0
You only keep half of that after taxes... It seems to be lacking compared to some regionals (endeavor). It's a start, but I foresee staffing problems to continue.
AMF announced a new pilot retention bonus plan yesterday, effective for at least the next 12 months.
For the next three 4 month periods (May-Aug, Sep-Dec, Jan-Apr) every pilot actively employed from the beginning to the end of the period will receive a bonus at the end of the period ranging from $2000 - $4500 per period, depending on aircraft qualifications.
Let's see.. New car? Pay of debts?
For the next three 4 month periods (May-Aug, Sep-Dec, Jan-Apr) every pilot actively employed from the beginning to the end of the period will receive a bonus at the end of the period ranging from $2000 - $4500 per period, depending on aircraft qualifications.
Let's see.. New car? Pay of debts?
04-15-2015 | 04:17 PM
#2448
On Reserve
Joined: Oct 2014
Posts: 15
Likes: 0
Haha o man! No way! They won't continue to cut vacation?! I bet Frmrbuffdriver could weigh in on canceling PREVIOUSLY APPROVED VACATION. Ridiculous.
04-15-2015 | 04:20 PM
#2449
Line Holder
Joined: Dec 2007
Posts: 231
Likes: 0
From: Back to the right side
[QUOTE=Lasko;1862759]You only keep half of that after taxes... It seems to be lacking compared to some regionals (endeavor). It's a start, but I foresee staffing problems to continue.[/QUOTE
I dont know what tax bracket you are in, but the truth is the IRS will withhold 25% of your bonus, but that is just withholding. You will get most of that back when you file your taxes (for most single income pilots). Endeavor's bonus is higher but their base pay is lower so its a 1900 or Metro pilot will make more here.
I dont know what tax bracket you are in, but the truth is the IRS will withhold 25% of your bonus, but that is just withholding. You will get most of that back when you file your taxes (for most single income pilots). Endeavor's bonus is higher but their base pay is lower so its a 1900 or Metro pilot will make more here.
04-15-2015 | 04:24 PM
#2450
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Joined: Nov 2013
Posts: 29
Likes: 0
I dont know what tax bracket you are in, but the truth is the IRS will withhold 25% of your bonus, but that is just withholding. You will get most of that back when you file your taxes (for most single income pilots). Endeavor's bonus is higher but their base pay is lower so its a 1900 or Metro pilot will make more here.[/QUOTE]
25% federal + state + social security + medicare = 30-40% (depending on your state income tax rate and the number of dependents you have)
25% federal + state + social security + medicare = 30-40% (depending on your state income tax rate and the number of dependents you have)
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