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Originally Posted by WMUFlyboy1
(Post 2152346)
First year at Endeavor. The bonus checks come every 4 months so that throws it off. I also pick up a good amount of open time, but below is my pay:
As of the period ending 5/31 $39,031 total pay $28,335 after taxes/deductions $6,856.26 average per month with the bonus $4,939.59 average per month without the bonus This includes per diem and performance bonuses |
Originally Posted by WMUFlyboy1
(Post 2152401)
Depends on the month... I've gone as low as 7 and as high as 15.
140ish hours credit a few months, 120ish for most of the rest. |
S5.
4th year FO. Average monthly net = $2500 Low? Yes. Why? Max state & fed taxes deducted. Max 401(k) deduction (15% of gross). Medical insurance premium of $430/month for low deductible/no deductible legacy medical insurance. NEVER pick up open time, average 16 days off/month. Average monthly credit = 88-94 hrs. |
Originally Posted by KSCessnaDriver
(Post 2152421)
How many referral bonuses is in that? Because I'm averaging about the same in terms of credit and I'm not near that net pay on 5/31.
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Not sure what math you are using, but your numbers don't add up. $39031 / 5 = $7806.20. $28335 / 5 = $5667.00
Originally Posted by WMUFlyboy1
(Post 2152346)
First year at Endeavor. The bonus checks come every 4 months so that throws it off. I also pick up a good amount of open time, but below is my pay:
As of the period ending 5/31 $39,031 total pay $28,335 after taxes/deductions $6,856.26 average per month with the bonus $4,939.59 average per month without the bonus This includes per diem and performance bonuses |
Originally Posted by Geardownflaps30
(Post 2152440)
S5.
4th year FO. Average monthly net = $2500 Low? Yes. Why? Max state & fed taxes deducted. Max 401(k) deduction (15% of gross). Medical insurance premium of $430/month for low deductible/no deductible legacy medical insurance. NEVER pick up open time, average 16 days off/month. Average monthly credit = 88-94 hrs. |
Originally Posted by HighFlight
(Post 2152466)
Not sure what math you are using, but your numbers don't add up. $39031 / 5 = $7806.20. $28335 / 5 = $5667.00
We have been paid 2 out of 3 retention bonuses so far this year, so it would be unfair to just do a straight division. Instead: $39,031 - $14,333 (2 bonus payments) = $24,698 $24,698 / 5 = $4,939 $4,939 + (23,000/12) = $6,856 Does that make sense? |
Originally Posted by tennisguru
(Post 2152489)
Why are you maxing out your fed/state tax withholding? Are you getting a massive refund each year? If you are then every paycheck you are giving Uncle Sam an interest free loan. Reduce your withholding and give yourself that money each month.
Your advice is unwelcome, ignorant and didn't address the OP's question. Thank you. |
Originally Posted by Geardownflaps30
(Post 2152535)
Son. You don't know me nor my situation. I didn't ask for tax advice. I can assure you that at 7 years prior to mandatory retirement that my tax situation is completely different from yours.
Your advice is unwelcome, ignorant and didn't address the OP's question. Thank you. |
You would laugh if you knew what it was here. Second year pay is not much better, as my paycheck still seems to be negative....lol. With that being said, I like the people I work with, just the pay and hotels are pathetic.
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