5000 Bonus Analysis- Is it worth it?

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12-16-2012, 06:39 AM

#11

ArcherDvr

Banned

Joined APC: Mar 2011

Posts: 726

One way to look at it is your being paid 2500 a year to be stuck somewhere for two years. Thats about 200 dollars a month extra added to your next to nothing paycheck. Not worthit .in my opinion

12-16-2012, 07:26 AM

#12

What

Underpaid...

Joined APC: Nov 2010

Position: French-Canadian

Posts: 2,101

Quote:

Originally Posted by troyb

We all know that mainline carriers that have 190s have been sucking up 170 FOs well before they upgrade but I'm curious if any CRJ or 145 guys are getting offers before upgrade also?

There is only one mainly that operates E190s! And that is US Airways who seems to prefer younger captains and FO. We at Eagle have lost some guys to US Aiways in the last few month! JetBlue is the only other E190 operator and they have been hiring FO for a while.

12-16-2012, 08:41 AM

#13

HSLD

APC co-founder

Joined APC: Feb 2005

Position: B777

Posts: 5,853

The company might be able to successfully argue that they can pay a bonus to new hire pilots because while on probation, they aren't "truly" represented by ALPA.

However this bonus is paid over two years (one year into ALPA representation). Is there a system board grievance filed because AE is changing pay (additional bonus pay) and work conditions (employment contract outside the cba) for a select group of pilots without addressing pay and work rule improvements for the rest of the pilots?

How are these pilots received by line crews, how many do you suppose will make it off of probation?

12-16-2012, 09:00 AM

#14

Red97Vette

Gets Weekends Off

Joined APC: Feb 2007

Position: UniCal 737 FO

Posts: 413

Aren't bonuses taxed at %50 as well (probably to only go up with BO in office)? So really, its a $2,500 bonus after its all said and done.

12-16-2012, 09:27 AM

#15

yimke

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Joined APC: Feb 2012

Position: PNF

Posts: 622

Quote:

Originally Posted by Red97Vette

Aren't bonuses taxed at %50 as well (probably to only go up with BO in office)? So really, its a $2,500 bonus after its all said and done.

That's what I was thinking. You are just getting paid more up front. But they can tax you more the first year to put you into another tax bracket on your regular income! So you could actually be making less than $2500 extra because of that.

Also, do these figures include non-posted contract pay for CRJ 2 vs 7/9 etc.. Because that is like $2 per hour at least.

12-16-2012, 11:01 AM

#16

coryk

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Joined APC: Jul 2006

Posts: 1,219

Quote:

Originally Posted by troyb

We all know that mainline carriers that have 190s have been sucking up 170 FOs well before they upgrade but I'm curious if any CRJ or 145 guys are getting offers before upgrade also?

I don't really think the airplane type has a anything to do with it. Probably makes it easier for 170 guys to transition to a 190. I know of a couple guys who were FO's on the CRJ and went to B6.

12-16-2012, 11:15 AM

#17

todd1200

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Joined APC: Aug 2007

Posts: 1,014

Quote:

Originally Posted by Red97Vette

Aren't bonuses taxed at %50 as well (probably to only go up with BO in office)? So really, its a $2,500 bonus after its all said and done.

Bonuses end up getting taxed at the same rate as regular wages, they're just withheld at a higher rate (I think it's about 25%). You lose the time value of the money that's withheld, but it goes toward your total liability or refund.

12-16-2012, 11:31 AM

#18

Golden Bear

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Joined APC: Aug 2007

Position: Skeptical

Posts: 378

You don't need to go through the extensive analytics based on hypothetical future unknowns, all you need is this:

Quote:

Originally Posted by PilotAnalyst

After thinking about it, I wondered why would a couple of airlines need to offer a 5000 dollar bonus to get pilots to work there when others don’t?

12-16-2012, 06:29 PM

#19

mojo6911

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Joined APC: Dec 2007

Posts: 453

5 year upgrade? LOL.

12-16-2012, 06:39 PM

#20

higney85

Property of Scheduling

Joined APC: Sep 2006

Position: Bus driver

Posts: 2,512

Quote:

Originally Posted by Red97Vette

Aren't bonuses taxed at %50 as well (probably to only go up with BO in office)? So really, its a $2,500 bonus after its all said and done.

I can confirm, for a fact, that anything labeled "bonus" is taxed at highest tax rate. In theory you get the "difference" when you file at the end of the year.