1st year takehome pay
12-15-2018, 07:21 PM
#2
Gets Weekends Off
Joined APC: Oct 2012
Position: Holiday Inn, King Non-Smoking
Posts: 178
It will vary wildly based on where you live, your benefit elections, and your retirement deduction. Some guys in my class were lucky to take home 2k a month (40/hr at the time), some took home 2700. It really just depends.
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12-15-2018, 11:24 PM
#3
Gets Weekends Off
Joined APC: May 2017
Position: Guppy
Posts: 761
Originally Posted by K92plane
Hey guys- if I may ask, what’s the take home pay for first year first officers take home pay per paycheck ?
As mentioned, what our net pay is depends on tax bracket, retirement contributions, other liquid savings, benefit elections, style/strategy for working, etc.
You can figure out a "worst-case scenario" of sorts, but even that has some assumptions.
As a "worst-case scenario" data point, I'm currently in the middle of the training delay, getting paid the minimum 75 hours. I'm filing taxes as single, head-of-household, with just one exemption (no state income tax), currently contributing 4% to my 401(k) (scheduled to increase by 1% annually), and am taking the pilot health plan at $54/paycheck with no additional contribution beyond the company's to my HSA (I have one rolled over from a previous employer).
My gross pay is $45/hour x 75 hours/month, which is $3375/month. Of that, including all my deductions, I'm seeing about $2700 into my checking account. It will remain to be seen how much (if any) I owe Uncle Sam come April.
To figure out on a per-paycheck basis, just divide by 2.
$2700/month x 12 months= $32.4K/year.
Add to that the $17,500 signing bonus, and first year "net" pay is right at $50K at the absolute worst case scenario.
On the line, minimum credit these days seems to be around 80-83 hours/month, which would bump that $32.4K up about $2K. Obviously, if you know how to work it, you can get substantially more credit than the bare minimum.
12-16-2018, 07:42 AM
#4
Line Holder
Joined APC: Oct 2017
Posts: 37
Originally Posted by Longhornmaniac8
Not trying to be negative here, as we're all still learning to one extent or another, but the answers to this question are so varied as to be virtually irrelevant.
As mentioned, what our net pay is depends on tax bracket, retirement contributions, other liquid savings, benefit elections, style/strategy for working, etc.
You can figure out a "worst-case scenario" of sorts, but even that has some assumptions.
As a "worst-case scenario" data point, I'm currently in the middle of the training delay, getting paid the minimum 75 hours. I'm filing taxes as single, head-of-household, with just one exemption (no state income tax), currently contributing 4% to my 401(k) (scheduled to increase by 1% annually), and am taking the pilot health plan at $54/paycheck with no additional contribution beyond the company's to my HSA (I have one rolled over from a previous employer).
My gross pay is $45/hour x 75 hours/month, which is $3375/month. Of that, including all my deductions, I'm seeing about $2700 into my checking account. It will remain to be seen how much (if any) I owe Uncle Sam come April.
To figure out on a per-paycheck basis, just divide by 2.
$2700/month x 12 months= $32.4K/year.
Add to that the $17,500 signing bonus, and first year "net" pay is right at $50K at the absolute worst case scenario.
On the line, minimum credit these days seems to be around 80-83 hours/month, which would bump that $32.4K up about $2K. Obviously, if you know how to work it, you can get substantially more credit than the bare minimum.
As mentioned, what our net pay is depends on tax bracket, retirement contributions, other liquid savings, benefit elections, style/strategy for working, etc.
You can figure out a "worst-case scenario" of sorts, but even that has some assumptions.
As a "worst-case scenario" data point, I'm currently in the middle of the training delay, getting paid the minimum 75 hours. I'm filing taxes as single, head-of-household, with just one exemption (no state income tax), currently contributing 4% to my 401(k) (scheduled to increase by 1% annually), and am taking the pilot health plan at $54/paycheck with no additional contribution beyond the company's to my HSA (I have one rolled over from a previous employer).
My gross pay is $45/hour x 75 hours/month, which is $3375/month. Of that, including all my deductions, I'm seeing about $2700 into my checking account. It will remain to be seen how much (if any) I owe Uncle Sam come April.
To figure out on a per-paycheck basis, just divide by 2.
$2700/month x 12 months= $32.4K/year.
Add to that the $17,500 signing bonus, and first year "net" pay is right at $50K at the absolute worst case scenario.
On the line, minimum credit these days seems to be around 80-83 hours/month, which would bump that $32.4K up about $2K. Obviously, if you know how to work it, you can get substantially more credit than the bare minimum.
12-16-2018, 07:46 AM
#5
Line Holder
Thread Starter
Joined APC: Dec 2018
Posts: 84
Originally Posted by Longhornmaniac8
Not trying to be negative here, as we're all still learning to one extent or another, but the answers to this question are so varied as to be virtually irrelevant.
As mentioned, what our net pay is depends on tax bracket, retirement contributions, other liquid savings, benefit elections, style/strategy for working, etc.
You can figure out a "worst-case scenario" of sorts, but even that has some assumptions.
As a "worst-case scenario" data point, I'm currently in the middle of the training delay, getting paid the minimum 75 hours. I'm filing taxes as single, head-of-household, with just one exemption (no state income tax), currently contributing 4% to my 401(k) (scheduled to increase by 1% annually), and am taking the pilot health plan at $54/paycheck with no additional contribution beyond the company's to my HSA (I have one rolled over from a previous employer).
My gross pay is $45/hour x 75 hours/month, which is $3375/month. Of that, including all my deductions, I'm seeing about $2700 into my checking account. It will remain to be seen how much (if any) I owe Uncle Sam come April.
To figure out on a per-paycheck basis, just divide by 2.
$2700/month x 12 months= $32.4K/year.
Add to that the $17,500 signing bonus, and first year "net" pay is right at $50K at the absolute worst case scenario.
On the line, minimum credit these days seems to be around 80-83 hours/month, which would bump that $32.4K up about $2K. Obviously, if you know how to work it, you can get substantially more credit than the bare minimum.
As mentioned, what our net pay is depends on tax bracket, retirement contributions, other liquid savings, benefit elections, style/strategy for working, etc.
You can figure out a "worst-case scenario" of sorts, but even that has some assumptions.
As a "worst-case scenario" data point, I'm currently in the middle of the training delay, getting paid the minimum 75 hours. I'm filing taxes as single, head-of-household, with just one exemption (no state income tax), currently contributing 4% to my 401(k) (scheduled to increase by 1% annually), and am taking the pilot health plan at $54/paycheck with no additional contribution beyond the company's to my HSA (I have one rolled over from a previous employer).
My gross pay is $45/hour x 75 hours/month, which is $3375/month. Of that, including all my deductions, I'm seeing about $2700 into my checking account. It will remain to be seen how much (if any) I owe Uncle Sam come April.
To figure out on a per-paycheck basis, just divide by 2.
$2700/month x 12 months= $32.4K/year.
Add to that the $17,500 signing bonus, and first year "net" pay is right at $50K at the absolute worst case scenario.
On the line, minimum credit these days seems to be around 80-83 hours/month, which would bump that $32.4K up about $2K. Obviously, if you know how to work it, you can get substantially more credit than the bare minimum.
Thank you!!
12-16-2018, 08:20 AM
#7
Gets Weekends Off
Joined APC: Jan 2014
Posts: 1,099
Varies based on base assignment, reserve time, and whatever your bonus will be. Nobody knows what those will be because they are constantly changing. Payscales to all the airlines are in the profile section of this page. Simple math will tell you what to anticipate your yearly take home will be.
12-16-2018, 11:03 AM
#8
Gets Weekends Off
Joined APC: Apr 2018
Position: E170 CA
Posts: 137
Originally Posted by simscott
What about per diem?
12-16-2018, 06:10 PM
#9
Line Holder
Joined APC: Sep 2018
Posts: 62
Originally Posted by Longhornmaniac8
Not trying to be negative here, as we're all still learning to one extent or another, but the answers to this question are so varied as to be virtually irrelevant.
As mentioned, what our net pay is depends on tax bracket, retirement contributions, other liquid savings, benefit elections, style/strategy for working, etc.
You can figure out a "worst-case scenario" of sorts, but even that has some assumptions.
As a "worst-case scenario" data point, I'm currently in the middle of the training delay, getting paid the minimum 75 hours. I'm filing taxes as single, head-of-household, with just one exemption (no state income tax), currently contributing 4% to my 401(k) (scheduled to increase by 1% annually), and am taking the pilot health plan at $54/paycheck with no additional contribution beyond the company's to my HSA (I have one rolled over from a previous employer).
My gross pay is $45/hour x 75 hours/month, which is $3375/month. Of that, including all my deductions, I'm seeing about $2700 into my checking account. It will remain to be seen how much (if any) I owe Uncle Sam come April.
To figure out on a per-paycheck basis, just divide by 2.
$2700/month x 12 months= $32.4K/year.
Add to that the $17,500 signing bonus, and first year "net" pay is right at $50K at the absolute worst case scenario.
On the line, minimum credit these days seems to be around 80-83 hours/month, which would bump that $32.4K up about $2K. Obviously, if you know how to work it, you can get substantially more credit than the bare minimum.
As mentioned, what our net pay is depends on tax bracket, retirement contributions, other liquid savings, benefit elections, style/strategy for working, etc.
You can figure out a "worst-case scenario" of sorts, but even that has some assumptions.
As a "worst-case scenario" data point, I'm currently in the middle of the training delay, getting paid the minimum 75 hours. I'm filing taxes as single, head-of-household, with just one exemption (no state income tax), currently contributing 4% to my 401(k) (scheduled to increase by 1% annually), and am taking the pilot health plan at $54/paycheck with no additional contribution beyond the company's to my HSA (I have one rolled over from a previous employer).
My gross pay is $45/hour x 75 hours/month, which is $3375/month. Of that, including all my deductions, I'm seeing about $2700 into my checking account. It will remain to be seen how much (if any) I owe Uncle Sam come April.
To figure out on a per-paycheck basis, just divide by 2.
$2700/month x 12 months= $32.4K/year.
Add to that the $17,500 signing bonus, and first year "net" pay is right at $50K at the absolute worst case scenario.
On the line, minimum credit these days seems to be around 80-83 hours/month, which would bump that $32.4K up about $2K. Obviously, if you know how to work it, you can get substantially more credit than the bare minimum.
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