Quicker to regional vs. Cost
#1
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Joined APC: Jun 2017
Posts: 53
Quicker to regional vs. Cost
Looking at getting on at a WO. Have a few options on timing so was curious.
How much $ would you be willing to spend to get hired a month earlier? Two?
Have a flying job but have an option to expedite getting to the 1500 sooner.
So what would you value a month earlier for seniority, flow, and "real" pay to be worth?
Straight math wise a month earlier makes it 1-2K more automatically in pay, so that amount isn't as issue. Talking more of the 3-15K range.
So what do you think?
How much $ would you be willing to spend to get hired a month earlier? Two?
Have a flying job but have an option to expedite getting to the 1500 sooner.
So what would you value a month earlier for seniority, flow, and "real" pay to be worth?
Straight math wise a month earlier makes it 1-2K more automatically in pay, so that amount isn't as issue. Talking more of the 3-15K range.
So what do you think?
#2
Take the money you'll spend now, apply a resonable return rate through you retirement date, and that is opportunity cost of spending that money now. Assume you'll make at least $350k at retirement, and you can decide which is more advantageous.
This does not of course account for career risk, of the other less tangible benefits of seniority.
This does not of course account for career risk, of the other less tangible benefits of seniority.
#3
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Joined APC: Jun 2017
Posts: 53
Take the money you'll spend now, apply a resonable return rate through you retirement date, and that is opportunity cost of spending that money now. Assume you'll make at least $350k at retirement, and you can decide which is more advantageous.
This does not of course account for career risk, of the other less tangible benefits of seniority.
This does not of course account for career risk, of the other less tangible benefits of seniority.
#5
Gets Weekends Off
Joined APC: Sep 2014
Posts: 521
Looking at getting on at a WO. Have a few options on timing so was curious.
How much $ would you be willing to spend to get hired a month earlier? Two?
Have a flying job but have an option to expedite getting to the 1500 sooner.
So what would you value a month earlier for seniority, flow, and "real" pay to be worth?
Straight math wise a month earlier makes it 1-2K more automatically in pay, so that amount isn't as issue. Talking more of the 3-15K range.
So what do you think?
How much $ would you be willing to spend to get hired a month earlier? Two?
Have a flying job but have an option to expedite getting to the 1500 sooner.
So what would you value a month earlier for seniority, flow, and "real" pay to be worth?
Straight math wise a month earlier makes it 1-2K more automatically in pay, so that amount isn't as issue. Talking more of the 3-15K range.
So what do you think?
Right now, I would pay $5000 in cash to move up 2 months in seniority on the list. Even though I have been with my AA WO for over 3 years now, I would still be over 60 number more senior if I were hired 2 months earlier. That would mean earlier flow. We were hiring 60+ a month when I was hired (much like today) and you can have up to 100 people junior to you on the seniority list when you finish training.
But, I would not recommend spending money to get to an airline earlier. You never know, it may not pay off. It would be a gamble.
#6
Gets Weekends Off
Joined APC: Oct 2015
Position: Gear slinger
Posts: 2,895
Looking at getting on at a WO. Have a few options on timing so was curious.
How much $ would you be willing to spend to get hired a month earlier? Two?
Have a flying job but have an option to expedite getting to the 1500 sooner.
So what would you value a month earlier for seniority, flow, and "real" pay to be worth?
Straight math wise a month earlier makes it 1-2K more automatically in pay, so that amount isn't as issue. Talking more of the 3-15K range.
So what do you think?
How much $ would you be willing to spend to get hired a month earlier? Two?
Have a flying job but have an option to expedite getting to the 1500 sooner.
So what would you value a month earlier for seniority, flow, and "real" pay to be worth?
Straight math wise a month earlier makes it 1-2K more automatically in pay, so that amount isn't as issue. Talking more of the 3-15K range.
So what do you think?
#7
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Thread Starter
Joined APC: Jun 2017
Posts: 53
My main consideration points in considering whether to do so areare:
Getting family moved and into schools sooner for next year before wait listed starts filling up
Getting ahead of the influx of pilots when the atp mins change
Getting seniority established asap in order to get to base sooner
Current gig isn't a big fan of people not upgrading and I may end up needing to supplement hours anyhow
$ wise, it'd take some rearranging but not necessarily cause any financial strain
Getting family moved and into schools sooner for next year before wait listed starts filling up
Getting ahead of the influx of pilots when the atp mins change
Getting seniority established asap in order to get to base sooner
Current gig isn't a big fan of people not upgrading and I may end up needing to supplement hours anyhow
$ wise, it'd take some rearranging but not necessarily cause any financial strain
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