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CaribPilot 10-11-2007 06:23 AM

Payment Calculation for ASA
 
As a new hire I am trying to plan my finances wisely, ie savings, third party retirement fund, etc. With this new TA in place, I am trying to figure what my monthly gross would be with first and second year pay. Any experts out there that can come up with a safe guesstimate uisng a 90-flight hour line, using average per diem, and rigs?:confused:

JoeyMeatballs 10-11-2007 06:30 AM


Originally Posted by CaribPilot (Post 245547)
As a new hire I am trying to plan my finances wisely, ie savings, third party retirement fund, etc. With this new TA in place, I am trying to figure what my monthly gross would be with first and second year pay. Any experts out there that can come up with a safe guesstimate uisng a 90-flight hour line, using average per diem, and rigs?:confused:

Well I am sure the duty rigs all depends on what kind of schedule you have. For per diem just add TAFB x (per diem), and do the same for your hourly payratesssssssss:rolleyes:

CaribPilot 10-11-2007 07:12 AM


Originally Posted by SAABaroowski (Post 245555)
Well I am sure the duty rigs all depends on what kind of schedule you have. For per diem just add TAFB x (per diem), and do the same for your hourly payratesssssssss:rolleyes:


Numbers dude, NUMBERS:cool:

KiloAlpha 10-11-2007 07:15 AM

[flame]

Surely a "super instructor" can do basic multiplication and addition :rolleyes:

Do you by chance have a license plate frame on your car that says "world's greatest pilot"

[/flame]

ghilis101 10-11-2007 07:17 AM

ahhhhh this is great, the board was kind of boring for the past week now im feeling entertained again :)

rickair7777 10-11-2007 07:20 AM


Originally Posted by CaribPilot (Post 245547)
As a new hire I am trying to plan my finances wisely, ie savings, third party retirement fund, etc. With this new TA in place, I am trying to figure what my monthly gross would be with first and second year pay. Any experts out there that can come up with a safe guesstimate uisng a 90-flight hour line, using average per diem, and rigs?:confused:

The rigs look very similar to SKW...for a 90 flight hour line (you might have to pick up some open time to get to 90) I would assume 100 hours credit plus $250 -$500 per diem. Multiply that times hourly rate.

CaribPilot 10-11-2007 07:25 AM


Originally Posted by KiloAlpha (Post 245584)
[flame]

Surely a "super instructor" can do basic multiplication and addition :rolleyes:

Do you by chance have a license plate frame on your car that says "world's greatest pilot"

[/flame]

Nah nothing on the frame but my plate actually says EATME, no lie....

ghilis101 10-11-2007 07:30 AM


Originally Posted by CaribPilot (Post 245589)
Nah nothing on the frame but my plate actually says EATME, no lie....

haha well in that case everythings ok then. carry on. man you are a glutton for punishment arent you :)

KiloAlpha 10-11-2007 07:32 AM


Originally Posted by CaribPilot (Post 245589)
Nah nothing on the frame but my plate actually says EATME, no lie....

Hmm.. let me guess, you work for All ATPs.. perhaps Riddle?

JoeyMeatballs 10-11-2007 07:39 AM


Originally Posted by KiloAlpha (Post 245593)
Hmm.. let me guess, you work for All ATPs.. perhaps Riddle?

Kilo, coming on strong this morning with the witty remarks hahah I love it

ghilis101 10-11-2007 07:50 AM

haha, truly witty. its a kindler gentler board these days... back in the day this guy would of been eaten alive already

CaribPilot 10-11-2007 07:54 AM


Originally Posted by rickair7777 (Post 245588)
The rigs look very similar to SKW...for a 90 flight hour line (you might have to pick up some open time to get to 90) I would assume 100 hours credit plus $250 -$500 per diem. Multiply that times hourly rate.


So just to be sure. (Credit x Hourly Rate) + (PerDiem x TAFB) = Montly Gross. But if i am over the set hour for rigs that gets added on top right?

ghilis101 10-11-2007 07:58 AM

ballpark figure sounds like youll gross 2000-2400/month depending on how much you fly. but I hear if you take that money to vegas you can make really big things happen

ehaeckercfi 10-11-2007 08:47 AM

Saw a license plate on a 300-hour riddle kid's car that said "UR CAPTN". I had a good laugh at that.

fosters 10-11-2007 10:56 AM


Originally Posted by CaribPilot (Post 245606)
So just to be sure. (Credit x Hourly Rate) + (PerDiem x TAFB) = Montly Gross. But if i am over the set hour for rigs that gets added on top right?

Your Trip and duty rigs are factored into your pay credit for the trip. For a very brief desciption of various rigs, visit here, under subtitle "Duty and Trip Rigs"

For example, a 20 hour block 4-day. TAFB for the entire trip ends up being 80 hours.

Day 1:
Block: 2 hours
Min day pay: 4 hours (or whatever it is)
Pay: 4 hours

Day 2:
Block: 6 hours
Pay: 6 hours

Day 3:
Block: 5 hours
Pay: 5 hours

Day 4:
Block: 5 hours
Pay: 5 hours

Total Block time: 18 hours
Total Pay credit time: 20 hours
TAFB Trip rig (3.75:1): 21:20

Pay = highest of them, or 21:20 for the 4-day.

Hope that makes sense.

What you'll probably find now is slightly more productive trips, and that rigs won't really have an effect on your soft time. This is because they encourage the company to make more productive trips otherwise they pay you to do nothing.

jeff122670 10-11-2007 11:01 AM

WHAT HAS HAPPENED TO THIS BOARD??? you are right, a few months ago, this guy would have been eaten alive!!

what is the deal...i take a few weeks off and you guys are all kindler/gentler...

even SAAB is just chillin now..... maybe he went back to Colgan (where his heart is) and is a much happier person...

now, come on...let's livin' this thing up before i have to get into "your momma jokes"..........

cheers,

jeff

de727ups 10-11-2007 11:21 AM

"haha, truly witty. its a kindler gentler board these days..."

I'll take that as a complement.

"now, come on...let's livin' this thing up before i have to get into "your momma jokes".........."

Let's not.

Skyteam18 10-11-2007 01:40 PM

Be ready to shell out a more than expected amount for your benefits on your first year salary. And if you got a family.. think about getting a second job

CaribPilot 10-11-2007 01:42 PM


Originally Posted by Skyteam18 (Post 245787)
Be ready to shell out a more than expected amount for your benefits on your first year salary. And if you got a family.. think about getting a second job


How does pay during training work. I know its the 75 x 19.04 for now. But is it given upon comlpletion or on the first day? Oh and no family....yet.

Bri85 10-11-2007 03:28 PM


Originally Posted by ehaeckercfi (Post 245643)
Saw a license plate on a 300-hour riddle kid's car that said "UR CAPTN". I had a good laugh at that.

LMAO that must be Prescott Campus


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