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Or just marry well... :)
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Originally Posted by Bruchmuhlbach
(Post 196222)
Maybe someone among you can answer a newbie question for me. For a while now I've been wondering why I'm seeing annual salary figures for first year FOs that are in the teens (ex. $14,000 per year) when the hourly pay rates don't support a figure that low. I assume it has to do with how much an individual actually works. I currently get paid for 80 hours a month at around $15.50 an hour, and pull in an annual salary of over $30,000 before taxes/health/retirement deductions. If an airline has a guarantee of 80 hours a month, and starting pay is something like $20 an hour, wouldn't I be be making more annually than I do now? Does it have something to do with being on reserve for a while? What am I missing?
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Never mind, sorry.
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Originally Posted by Slice
(Post 196278)
80 hours a month x 15.50 =1240 x 12 months = $14880. Where do you get $30K?
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:oOops. Yeah, that's 80 hours every two week pay period. So it ends up being around 160 hours a month. I had it all twisted in my head. 160 hours a month versus 80 hours a month makes a big difference. It all makes sense now. Too many numbers to wrap my brain around I guess.:rolleyes:
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Originally Posted by dbtownley
(Post 196348)
Are you sure that you are not working 160 hrs per month. 4 weeks x 40 hrs. 80 hrs / month at $15.50 doesn't add up.
Originally Posted by Bruchmuhlbach
(Post 196355)
it ends up being around 160 hours a month.
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