Airline Pilot Central Forums

Airline Pilot Central Forums (https://www.airlinepilotforums.com/)
-   Republic Airways (https://www.airlinepilotforums.com/republic-airways/)
-   -   Move to Republic (https://www.airlinepilotforums.com/republic-airways/115154-move-republic.html)

Captain Slow 08-06-2018 04:48 AM


Originally Posted by TJBrass (Post 2649739)
Isn't YX Midwest Express?

It was. It became Republic’s code when we bought it.

MooseAg03 08-12-2018 07:52 PM


Originally Posted by zanfarroway (Post 2642455)
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

zanfarroway 08-13-2018 03:01 PM


Originally Posted by MooseAg03 (Post 2654104)
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.

814Pilot 08-14-2018 06:27 AM

- $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

DuKo 10-17-2018 06:11 AM


Originally Posted by jfroehlich (Post 2649509)
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.

TheWeatherman 10-17-2018 06:18 AM


Originally Posted by DuKo (Post 2692679)
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.

magnus0322 10-17-2018 10:34 AM


Originally Posted by TheWeatherman (Post 2692683)
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

Viking6 10-17-2018 10:51 AM


Originally Posted by DuKo (Post 2692679)
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.

iScooter 10-17-2018 03:18 PM


Originally Posted by magnus0322 (Post 2692882)
No retirement travel benefits at Republic anymore

Sent from my SM-N950U using Tapatalk

You have a source for that statement please?

DuKo 10-18-2018 10:54 AM


Originally Posted by TheWeatherman (Post 2692683)
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.


All times are GMT -8. The time now is 06:41 AM.


User Alert System provided by Advanced User Tagging v3.3.0 (Lite) - vBulletin Mods & Addons Copyright © 2024 DragonByte Technologies Ltd.
Website Copyright ©2000 - 2017 MH Sub I, LLC dba Internet Brands