Go Back   Airline Pilot Central Forums - Find your next job as a Pilot > > >
Republic Airline Regional Airline
 

Welcome to Airline Pilot Forums - Connect and get the inside scoop on Airline Companies

If this is your first visit, be sure to check out the FAQ. Join our community today and start interacting with existing members. Registration is fast, simple and absolutely free.


User Tag List

Reply
 
Thread Tools Search this Thread Display Modes
Old 08-06-2018, 04:48 AM   #31  
Gets Weekends Off
 
Joined APC: Oct 2012
Position: Holiday Inn, King Non-Smoking
Posts: 160
Default

Quote:
Originally Posted by TJBrass View Post
Isn't YX Midwest Express?
It was. It became Republic’s code when we bought it.
Captain Slow is offline   Reply With Quote
Old 08-12-2018, 07:52 PM   #32  
Line Holder
 
MooseAg03's Avatar
 
Joined APC: Feb 2014
Posts: 63
Default

Quote:
Originally Posted by zanfarroway View Post
Not sure if I really grasped what you said, but basically you'd have to pay back the bonus if you left within 2 years. Nothing says that you have to stay for 2 years. Each month you stay, you get to keep 1/24 of the bonus. So if you only stay for a year, you'd only have to pay back half of what you took.

Would you really have to pay back half of what you were given? If you stay for 15 months, you’d have received $12,500 by that point. If the bonus is $17,500 / 24 it’s worth $729/mo. After that 15 months you would have “earned” $10,937 so you’d have to pay back $1,562, no? Just a portion of the last payment.


Sent from my iPhone using Tapatalk
MooseAg03 is offline   Reply With Quote
Old 08-13-2018, 03:01 PM   #33  
Home-based
 
zanfarroway's Avatar
 
Joined APC: Jun 2018
Position: Couch
Posts: 32
Default

Quote:
Originally Posted by MooseAg03 View Post
Would you really have to pay back half of what you were given? If you stay for 15 months, you’d have received $12,500 by that point. If the bonus is $17,500 / 24 it’s worth $729/mo. After that 15 months you would have “earned” $10,937 so you’d have to pay back $1,562, no? Just a portion of the last payment.


Sent from my iPhone using Tapatalk
Not exactly "half" by the word, half just happened to be the amount for the scenario I provided (12/24 months). It is pro-rata'd per month in a 24 month period, so your math is correct.

Also, I believe someone said that the timer starts at completion of IOE, so have to keep that in mind.
zanfarroway is offline   Reply With Quote
Old 08-14-2018, 06:27 AM   #34  
Line Holder
 
814Pilot's Avatar
 
Joined APC: Jul 2018
Position: First Officer
Posts: 43
Default

- $1,500 at the end of your first 30 days (I got this in my first paycheck like day 6)
- $8,500 when you complete your training and IOE
- $2,500 at 12 months of employment
- $2,500 at 18 months of employment
- $2,500 at 24 months of employment
814Pilot is offline   Reply With Quote
Old 10-17-2018, 06:11 AM   #35  
On Reserve
 
Joined APC: Oct 2018
Posts: 10
Default

Quote:
Originally Posted by jfroehlich View Post
I'd suggest asking the recruiter. When I asked they sent me a PDF.


Sent from my iPad using Tapatalk
Could you take a look at that PDF for me or DM me a copy? I'm not in a position yet to get recruiters on the phone because I have a few years before retirement from the military. I'm not so much concerned with the new soft pay "although it is always a factor" but how is the retirement plan laid out? I'm looking to interview with a solid regional in a few years and I am trying to stay put somewhere and build seniority. A respectable retirement plan is a must for me. I have noticed people mention 140 as the top pay at YX, is that a thing now? Any help would be appreciated.
DuKo is offline   Reply With Quote
Old 10-17-2018, 06:18 AM   #36  
Gets Weekends Off
 
Joined APC: Jan 2014
Posts: 1,013
Default

Quote:
Originally Posted by DuKo View Post
Could you take a look at that PDF for me or DM me a copy? I'm not in a position yet to get recruiters on the phone because I have a few years before retirement from the military. I'm not so much concerned with the new soft pay "although it is always a factor" but how is the retirement plan laid out? I'm looking to interview with a solid regional in a few years and I am trying to stay put somewhere and build seniority. A respectable retirement plan is a must for me. I have noticed people mention 140 as the top pay at YX, is that a thing now? Any help would be appreciated.
The only thing retirement related any of these Regionals is going to have is 401K and flight benefits. I don't know how the 401K stacks up, but there is not that much difference between the Regionals. The good thing about working at a place like Republic who does all three Majors is that you could get retirement benefits on American, United, and Delta, whereas if you work at a place like Endeaver it would just be for Delta.

All this information is available in Aerocrew News (Free digital subscription). As a matter of fact, anybody who is looking to go to the Regionals in the near future should be reading that and keeping up with the contract changes. Not so much for the fluff pieces in the beginning, but for the tables in the back that compare all the airlines.

Now after saying all of that, if you are more then a few years from mandatory retirement when getting out of the Military; unless the current climate changes, retiring from a Regional should not be your goal.
TheWeatherman is offline   Reply With Quote
Old 10-17-2018, 10:34 AM   #37  
Gets Weekends Off
 
Joined APC: Apr 2011
Position: ERJ 170/175 FO
Posts: 351
Default

Quote:
Originally Posted by TheWeatherman View Post
The only thing retirement related any of these Regionals is going to have is 401K and flight benefits. I don't know how the 401K stacks up, but there is not that much difference between the Regionals. The good thing about working at a place like Republic who does all three Majors is that you could get retirement benefits on American, United, and Delta, whereas if you work at a place like Endeaver it would just be for Delta.

All this information is available in Aerocrew News (Free digital subscription). As a matter of fact, anybody who is looking to go to the Regionals in the near future should be reading that and keeping up with the contract changes. Not so much for the fluff pieces in the beginning, but for the tables in the back that compare all the airlines.

Now after saying all of that, if you are more then a few years from mandatory retirement when getting out of the Military; unless the current climate changes, retiring from a Regional should not be your goal.
No retirement travel benefits at Republic anymore

Sent from my SM-N950U using Tapatalk
magnus0322 is offline   Reply With Quote
Old 10-17-2018, 10:51 AM   #38  
Gets Weekends Off
 
Joined APC: Mar 2018
Posts: 296
Default

Quote:
Originally Posted by DuKo View Post
Could you take a look at that PDF for me or DM me a copy? I'm not in a position yet to get recruiters on the phone because I have a few years before retirement from the military. I'm not so much concerned with the new soft pay "although it is always a factor" but how is the retirement plan laid out? I'm looking to interview with a solid regional in a few years and I am trying to stay put somewhere and build seniority. A respectable retirement plan is a must for me. I have noticed people mention 140 as the top pay at YX, is that a thing now? Any help would be appreciated.
If you’re a military pilot I would look elsewhere, if you plan on making a career at a regional. Military pilots at YX tend to move on quickly, but a few stay around. Retirement benefits at republic are only 401K, and honestly it’s not that good. If you want travel after you retire, then you should look at a wholly owned regional. I would suggest not making a career at a regional, because you will never have a guaranteed job.
Viking6 is offline   Reply With Quote
Old 10-17-2018, 03:18 PM   #39  
Takeoff roll
 
Joined APC: May 2016
Posts: 21
Default

Quote:
Originally Posted by magnus0322 View Post
No retirement travel benefits at Republic anymore

Sent from my SM-N950U using Tapatalk
You have a source for that statement please?
iScooter is offline   Reply With Quote
Old 10-18-2018, 10:54 AM   #40  
On Reserve
 
Joined APC: Oct 2018
Posts: 10
Default

Quote:
Originally Posted by TheWeatherman View Post
The only thing retirement related any of these Regionals is going to have is 401K and flight benefits. I don't know how the 401K stacks up, but there is not that much difference between the Regionals. The good thing about working at a place like Republic who does all three Majors is that you could get retirement benefits on American, United, and Delta, whereas if you work at a place like Endeaver it would just be for Delta.

All this information is available in Aerocrew News (Free digital subscription). As a matter of fact, anybody who is looking to go to the Regionals in the near future should be reading that and keeping up with the contract changes. Not so much for the fluff pieces in the beginning, but for the tables in the back that compare all the airlines.

Now after saying all of that, if you are more then a few years from mandatory retirement when getting out of the Military; unless the current climate changes, retiring from a Regional should not be your goal.
I found the pdf.
The 401k match breakdown is:
Yr
1-4= 3%
5= 3.5%
6-9= 5.5%
10-12 = 6%
13-15 = 8%
16+ = 9%

These are the numbers that start in 2020. The pay increase in 2020 is nice too, but I see where people are mad because it wasnt quite EDV or better. Close, but not quite.

Thanks for the link.
I just started following these forums not too long ago. I started my aviation career as a FW guy in deland, fl. I turned down a job with ASA back when the airlines were paying pilots with old shirt buttons and pocket lint but I have alot of friends who went on and got jobs, so I've been talking to them when I have questions. I am finding you guys to be helpful because you are more recent in the positions.

My goal is to not get into a cycle of upgrade and become the low guy on the seniority list. I'm more concerned with home time than money. I will have about 22 years before mandatory retirement. If I choose to move on, I will. I would never say never. What I am looking for right now is a company where if I choose to stay, I'll have a decent enough salary and 401k to be comfortable.
Thank you guys. I appreciate the insight.
DuKo is offline   Reply With Quote
 
 
 

 
Reply

Tags
reserves, schedule
 



Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Related Topics
Thread Thread Starter Forum Replies Last Post
Republic Problems DreamToFlyy Republic Airline 154 04-30-2014 04:15 PM
Republic, A good move? Octagon Republic Airline 16 02-22-2014 03:08 AM
Republic or Expressjet Offer beechking Republic Airline 170 06-08-2013 06:07 AM
Southwest may make a bid for Frontier StormChaser Major 378 08-10-2009 12:25 PM
Republic Airways to Operate More EMB-170's as United Express Frisky Pilot Regional 0 06-23-2005 02:50 PM


All times are GMT -8. The time now is 10:14 PM.


vBulletin® v3.9.3.5, Copyright ©2000-2019, MH Sub I, LLC dba vBulletin
User Alert System provided by Advanced User Tagging v3.3.0 (Lite) - vBulletin Mods & Addons Copyright © 2019 DragonByte Technologies Ltd.
Website Copyright ©2000 - 2017 MH Sub I, LLC dba Internet Brands

Search Engine Optimization by vBSEO 3.6.1