Regional FO Compensation Summary
03-11-2016 | 07:34 AM
#22
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Thanks for you feedback. I double checked. The numbers are correct.
Year 1 22 X 75 X 12 months = $19.8 + $2.5 bonus = $22.3K
Year 2 29 X 75 X 12 months = $26.1K
Year 3. 32 X 75 X 12 months = $28.8K
03-11-2016 | 07:35 AM
#23
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03-11-2016 | 07:38 AM
#25
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This is completely wrong. You cant just look at first year pay. Mesa has captains upgrading in four months with 121 time, twelve months with none. Which means they go to 61.44 (1st year captain) or 63.32 (2nd year captain). As well as some other regionals have the same thing going for them. Which looking at the earlier that is before compass even gets out of their 1/2 guarantee pay in training. If anything Endeavor is just trying to buy people in hopes no one realizes whats going on there. Pay isnt the reason to go to any airline. If you want to go to a major get the PIC time. If you want to be a captain at a regional and retire, make sure the regionals structure can actually support a long term growth plan. Too many regionals are publicly saying they are parking planes. Look at the 10k's! That means less pilots at those regionals will be needed; they are only hiring for a training bubble, which will burst, or attrition which should also make you wonder.
The numbers are correct. Directly off of APC. These are FIRST OFFICER pay rates. NOT Captain pay rates. Upgrades are a constantly changing target. Please read the narrative at the top of the chart. Thanks.
03-11-2016 | 07:39 AM
#26
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Remember also, the tax rate for bonuses is 25%
03-11-2016 | 08:21 AM
#28
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This is completely wrong. You cant just look at first year pay. Mesa has captains upgrading in four months with 121 time, twelve months with none. Which means they go to 61.44 (1st year captain) or 63.32 (2nd year captain). As well as some other regionals have the same thing going for them. Which looking at the earlier that is before compass even gets out of their 1/2 guarantee pay in training. If anything Endeavor is just trying to buy people in hopes no one realizes whats going on there. Pay isnt the reason to go to any airline. If you want to go to a major get the PIC time. If you want to be a captain at a regional and retire, make sure the regionals structure can actually support a long term growth plan. Too many regionals are publicly saying they are parking planes. Look at the 10k's! That means less pilots at those regionals will be needed; they are only hiring for a training bubble, which will burst, or attrition which should also make you wonder.
I always love the argument: But look how much you will make as a captain when you upgrade, and it will be a quick upgrade hopefully.
I don't understand how people can defend the lowest paid regional. The
only reason pay has gotten better is because pilots are becoming a hot commodity and your trying to reverse that trend by saying its ok to be the
worst. Fast upgrades are coming to all regionals. Why do it for nothing.
03-11-2016 | 08:38 AM
#29
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At xjt if you fly fast you still get scheduled block. If you fly slow you get paid YOUR actual block, independent of what everyone else flies. That's "true block or better" vs "SGU block or better".
03-11-2016 | 03:19 PM
#30
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Thanks for taking the time and effort to put this all together.
One thing that is so hard to track that I wish we could have in there, Is the cost of the insurance.
People should consider the cost of their insurance as part of their compensation package. Even if You make an upgrade quicker at one place, you are going backwards if the cost of benefits is so high, a huge percentage of your pay raise is non-existant.
One thing that is so hard to track that I wish we could have in there, Is the cost of the insurance.
People should consider the cost of their insurance as part of their compensation package. Even if You make an upgrade quicker at one place, you are going backwards if the cost of benefits is so high, a huge percentage of your pay raise is non-existant.
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