I read a post about an ASA 2nd year FO grossing 51k. When you look at the pay rate of 35/hr it didn't make sense to me. Is there really that much compensation beyond simply multiplying your flight time by your hourly rate? Also, what is a good number to multiply the hourly rate by to get an estimate of the gross pay/month. Making 51k at 35/hr it would be over 120+.

 

In general, if you multiply the hourly rate by 1000 you'll be close. If you instruct in the sim or IOE/check airman, add 20%. There are some ways to game the system depending on your airline contract or if one is an hours *****.

 

I'm willing to bet that the guy you speak of included his per diem as income...which it IS NOT!!!

35/hr...I'd say 33-40 is a reasonable about.

 

I'd say it's possible. That FO probably knew how to work the system a little bit . Even at the craphole that I'm at, I routinely get pay credit about 25-30 more than the block hours (but it comes with effort). In Jan. for example I flew 88.5 hrs and got 121.5 pay credit. So let's say that FO averaged just 110 pay credit for 12 months.. that comes to about 45k, then they probably counted per diem.. which then you get over 50k.
If I can do 110-120 almost every month in this hellhole, I'm sure at a place like ASA and with the shortage, an FO working the system wouldnt have trouble getting at least 120 pay credit every month. It's just that you do have to work at it. for planning purposes though I would just multiply the hourly rate by the monthly guarantee because you just dont know how long you'll be on reserve, what kind of work rules, what kind of line you will fly, how much open time is available, etc.

 

x amount of hours worked multiply by your hourly pay plus per diem equals in debt!

 

The above formulas help as a guide... but the contract and work rules are necessary to truly understand how much you will make... You can get $56/hr and take home $44,000/year with a worthless contract (I did). Or you can take home $53,000/year at $36/hr with a better contract (I also did). And yes... those numbers do include per diem but at the end of the day all we are talking about is what is listed on the W2 isn't it?