First officer pay!
 

How much does a first officer (FO) make on the first year? Do you get a raise of pay on the 2nd year?

I found a website somewhere that gives this information. Let me see if I can find it....

Yes, here it is: http://airlinepilotcentral.com/airlines.html

Just messin with ya. Really though, it is a great place to get all the info. Just pick the airline that you want to know about and scroll down. It will show FO and CA pay at different years spent at the airline.

To add to what Shaun posted, to figure out yearly pay a good rule of thumb is to multiply the hourly rates by 1000. That will give you a good number to work with as an estimate. If you want to get real precise you can multiply hourly rate x monthly guarantee x 12 and come up with yearly pay.

or just use the neat little rate calculator right beneath the pay scale and guarantee on the airline page of APC

another good rule of thumb is take the average mean income for an american, and cut it in half;)

At a good regional:
Year 1 - $21k-$28k
Year 2 - $32k-$45k

Figures include range of lowest possible (rate x guarantee) to a high range that assumes average 95 hour line and per diem compensation. In other words, it's what you are guaranteed to make to what you could make if you like (and are able to hold a high paying line) to work more.

If you don't want to include per diem, minus about $5,500 from the top end pay rate. Of course, you will eat free for 2/3 of the month (because you are getting paid to eat), so factor that into your monthly bills.

CAUTION: The pay tables (showing hourly rates) can be VERY misleading. The hourly rate is meaningless unless you know WHEN it applies:

Workrules
Daily Rig
Duty Rig
Trip Rig
Guarantee (MONTHLY, make sure you compare monthly rates)
Block or Better
Cancellation Pay
Equipment Differentials
Vacation
Bonuses

For example, mesa has almost none of these things, so their payscale is not really applicable since they rarely GET paid.

The best way to compare is talk to an employee of the carrier in question and find out how all of their workrules apply. Also note that first year pay sucks, but I would not use that as a major decision factor when comparing regionals. Second year (and beyond) is what you want to look hard at.