Thanks for you feedback. Please explain.

The numbers are correct, unless the numbers on APC are incorrect. If you know them to be incorrect, please get them updated on APC so everyone has the correct information. Thanks.

AWAC

Year 1 28 X 75 X 12 months = $25.2K
Year 2 41 X 75 X 12 months = $36.9K
Year 3. 42 X 75 X 12 months = $37.8K

Regional FO Compensation Summary
 

People think the numbers are incorrect because the bar chart isn't clear. The numbers in the bar should have a K next to it so that people don't think it's a pay rate. Also, you highlighted the AAG wholly owned but not the others.

This.



filler

Here is a link to an older thread where someone created a spreadsheet computing TOTAL COMPENSATION taking into account different upgrade assumptions. Some of the data is now old though.

http://www.airlinepilotforums.com/re...es-glance.html

https://docs.google.com/spreadsheets...#gid=782421110

And here is a thread that had work rules for different regionals. Again, pretty outdated but would be useful to have this information updated for anyone to see.

http://www.airlinepilotforums.com/re...ns-please.html

Hmm, except in my case, halfway into year 2, it was at a minimum of 55x75, and in year 3, 65x76X12, even more as I hold a line...

Yes, timing is everything, but OH am I so glad I didn't go anywhere else!
Today however, Endeavor would be even more money ahead just as an FO.
If money is not a priority for you, you either have enough already, or you're a fool.

Anyone who cannot comprehend this chart may want to seek an alternative career, or at the very least, take a free online Excel class.

The numbers in the top chart are the annual salaries in thousands of dollars. The feed for that comes from the bottom chart, where the hourly rates reside.

This.

Thank you.

Please read the title at the top of the chart in big letters:

REGIONAL FO ANNUAL COMPENSATION SUMMARY IN $000's

The secondary title then explains that it is:
Hourly Rate x 75 HR Guarantee + Bonuses.

However, since there is confusion for some, when I do the next update I will take that into consideration.

You're welcome. I'm glad you found it useful. I will try to keep it updated going forward. The good news is, improvements to compensation are happening quickly enough that it is a challenge to keep it updated. And THAT is good news for all of us.

I decided to take a stab at this using the latest contract updates and the new hiring bonuses. All numbers are based on actual minimum guarantee. All numbers include hiring bonuses and retention pay. Sorted by first year pay.

http://i.imgur.com/o9IN1p2.png

Why do you highlight the AA wholly owners and not the others?

Because they are the only regionals offering flow as the chart says. "AAG Wholly Owneds with flow". And I also thought it was interesting that the compensation between the 3 is pretty much the same. So I bracketed them.

I don't know of any other regionals offering flow. Are there any?

I'm not a huge fan of flow, but it's nice to have in your back pocket if all else fails. I would pick a regional based on base (can you drive to work), commutability (if you have to commute), and compensation.

Flow is a recruiting and retention tool in an environment where companies are competing for pilots. It is a way for companies to get you into their airline and then keep you there waiting for the flow. If the regional of your choice happens to offer a flow, that’s great. It’s a good back-up plan if all else fails. But I wouldn't let that be a deciding factor of which regional to join. That's just my opinion, though. For some people flow might be a great option. For instance, if you don't have a degree.

Ok, that makes sense, thanks.

I don't know many pilots at envoy who are just waiting for the flow. Very few people would pass on United or delta to wait for the flow to AA. Those people are the ones that live in DFW and don't want to commute or live in places that would cause a two leg commute.

Agreed. That's why I think flow is more of a management tool for recruiting and retention than it is a plus for pilots.

I think any of us would leave to whoever calls us first.

Young guys may be looking for the complete career path so they don't get stuck at a regional for a decade or more like so many guys did due to circumstances beyond their control - 9/11, recession, age 65. So management's strategy is to build a career path to make their airline more attractive to pilots. And that's great as a back-up plan. But I personally wouldn't choose a lower paying regional just because it offers flow. Might be a good choice for someone else though. Everyone's situation is different.

Great chart. Thanks for putting this together.

Yes. Thanks for putting this together. I haven't compared the 2 yet. Are they coming up pretty close to the same? I know I need to take the GoJet bonus out of my chart. I didn't realize that went away with the new contract. I'll do that in the next update.

Thanks for the info. I'll fix that in the next update.

So looking at the chart,

Why would anyone choose anyone other than Endevor except for base location?

You don't. ;)

For the same reasons you wouldn't pick Republic as your second choice.

Good point. I interviewed and got the job offers only with the top 3 on your chart. I chose C5 because I live 15 mins from base.

UPDATED to correct for GoJet bonus that is no longer offered due to a new contract.

Some might find this helpful.

This is APC pay rates and bonuses pulled into one place for convenience. For hourly rates, if there were different rates for different A/C Types, a blended rate was used to keep it simple. Same thing for bonuses.

Every contract is different so this graph is only a starting point. Educate yourself on the different work rules and contracts which can affect your pay and QOL.

Some considerations:
Cancellation pay, DH pay, per diem, schedule flexibility, schedule quality, time on reserve, reserve schedules, time to upgrade, hotel quality, insurance/other benefits, commuter QOL issues, how many commuter hotels are offered (if any), Is a training contract required, etc.

Be aware that recruiters are selling a quick upgrade at many regionals, when the quick upgrade is possibly over. Upgrades can only happen if they can hire enough FOs to fill the right seat behind you. And I think we all see the writing on the wall, that that is becoming more difficult for every regional by the day. So just make sure that if you do get stuck in the right seat for a while, that your bank account can withstand it.

http://i1045.photobucket.com/albums/...sjaixzqq0.jpeg

http://i1045.photobucket.com/albums/...s8ci4bstg.jpeg

Awesome thread thanks for the updates

Big Thanks for all the work you are doing to help keep current and prospective Pilots informed.

I think it's very important to look at what your compensation is gong to be, if you get stuck in the right seat at a quick upgrade Company.

I'm dying where I'm at and I'm shopping. Thanks for the hard work.

Very well put together and informative. You put lots of hard work into this. One thing you need to be wary of is that bonuses are taxed at almost 50%... Yes, I know this is just a gross salary graph, but you might want to consider the "bonus-factor" for each airline. Example- Endeavor pays $23k for 3 years(I think). That's $69k out of your $158k. That's 44% of your salary due to bonuses... So your take-home before normal taxes is really only around ~$125k. Granted, Endeavor still comes out on top, but just something to consider.
(Unbiased ACMI guy here)

This is completely wrong. Any bonus is withheld at some high rate (it's not 50%, I believe it's 25% federal + whatever your state levies), but at the end of the year it is factored into your overall income and actually taxed at whatever your actual tax rate is. Thus for most people they won't see the full amount of the bonus until they get their refund for that tax year, but you will see the right amount of money in the end.

Thanks for the feedback.

It's true that when bonuses are paid they are taxed at a higher rate than your normal pay. But at the end of the year it is taxed at your normal income tax rate, so if you paid more than your normal tax rate, you will get the difference in your refund. So it is all apples to apples making the numbers here accurate.

Thanks again for the feedback and I'm glad you find this helpful.

Valid point. I stand corrected. I was just being conservative... I just remember at RAH I only saw half of my bonus check... Not to mention if you get a bonus on year 3, you'd have to wait until year 4 to get the taxes back from it. Idk, I just hate trying to get my money back from the IRS... ;-)

All said and done, just about 35% of my bonus check is withheld at Endeavor. I saw a substantial amount of that return on my taxes when I filed. I withheld at the single rate, married, and no kids.

Yea realized that after I sent it. I'd just hate to get that bonus in January and have to wait until the following Feb/March to see the remaining 30%.... But a $10k tax return sounds pretty nice, too.

Why do you have Envoy pay less than PSA on the chart 1st year? Our is guarantee is 75 hours. Our first year pay is higher by $1/hr. Our perdiem is higher. Our 401K match is higher.

If you really want your money sooner, you can adjust your withholding to have less tax taken out of your paycheck each pay period - in other words you take home more pay each check. Then the bonus withholding makes up for the shortfall from your normal paycheck and you end up with little to no refund at all (which is really what your goal should be in the first place. No free loans to the government!)