Pay while in Training
04-16-2020 | 08:34 AM
#1
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Gets Weekends Off
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Pay while in Training
I typed this up before all of the beer flu madness, thought it would be helpful for new hires and pilots looking at coming to Republic. Unfortunately, I imagine all of the bonuses are not going to be a thing for quite some time, and this guide probably won't be super helpful since they aren't hiring anyone right now. I decided to post it rather than delete it as a reference in the future for anyone looking at coming to Republic.
I’ve seen a lot of posts all over the forum asking about training pay and expected per month pay. I decided to share some real numbers of what you can expect for take-home pay every two weeks throughout the different stages of training. Additionally, I touch on what pay is put in what paychecks since they pay out different things on different checks.
Everyone’s paycheck is going to be slightly different based on the benefits chosen, allowances, and state of residence. I personally claimed 2 allowances and live in a state that has income tax. The benefits I have are as follows in per paycheck values
Medical: $64
AA and UA travel benefits with the paid over a year option: $5
401k at 3%: $53
Additionally, I am going to round some numbers and change the values slightly for simplicity and privacy reasons.
Initial Training Pay
You are paid $60/day for the first 30 days (even on days off you are paid). Additionally, you receive $1500 of the $17500 total bonus. That $1500 should be paid on the first paycheck. Note: Bonuses are taxed at a higher percentage.
1st Paycheck: $1600
If you enroll in two or more travel benefit programs, the company gives you $100 towards that enrollment. This posted on my second paycheck.
2nd Paycheck: $950
Minimum Guarantee
After the first two paychecks, you are now switched to the minimum monthly guarantee plus per diem. Minimum guarantee is 75 hours per month at $46.36. That is paid out at 37.5 hours every two weeks. Per diem is paid out once per month in the mid-month paycheck. Per diem is $2.15/hr. And that per diem counts for every hour you are scheduled to be somewhere for training, NOT just time you spend at the training center. So if you have 2 days of training, that is 48 hours of per diem. Per Diem is NOT TAXED. Additionally, when on a trip, you are paid per diem for all time spent away from base.
Your end of month paycheck is going to be the same every month, 37.5 hours at your hourly rate.
3rd Paycheck: $1250
Depending on when you start, per diem may or may not be in the 4th paycheck. Mine was. Additionally, on the mid-month paycheck they add on all the other “extras”. We received 4 hours over guarantee for this paycheck, and some R-Goals Bonus (which isn't being distributed anymore due to corona). I don’t know if the 4 hours over guarantee is typical or if our schedule just worked out that way.
4th Paycheck: $2100
5th Paycheck: $1250
6th Paycheck: $5800
This paycheck includes the completion of IOE $5k bonus and per diem.
After this paychecks are basically the same every month.
Minimum Monthly Guarantee Pay After taxes/deductions: $2500
Plan to live on $2500/mo. The majority of pilots make more than the minimum, but with the decreased flying due to the coronavirus, I would be extremely hesitant to plan for more than guarantee. (edit: we are currently limited to 82 hours of credit, so at this time do not plan for more than 82 hours a month. you can get around that with trip trades but I have found that to be pretty difficult with the reduced flying.)
PLEASE NOTE:
One thing that isn’t really advertised is that Republic sends you a 1099-MISC for your ATPCTP Training. They mention this in their initial emails, but I severely underestimated the amount of taxes I would be liable for. Since you weren’t an employee during ATPCTP they say this is “Non-employee compensation”. The 1099 is approximately $4500. This worked out to about $1200 in taxes I owed. So might as well subtract $1200 from that first paycheck to set aside for taxes.
TLDR
1st: $1600
2nd: $950
3rd: $1250
4th: $2100
5th: $1250
6th: $5800
Misc: -$1200 ATPCTP taxes
One more thing I didn't account for was Union Dues. I was never charged union dues during training, and they just popped up for the first time on the paycheck yesterday. I'm unsure if they are deducted per paycheck or monthly, but this paycheck had $70 in union deductions.
I’ve seen a lot of posts all over the forum asking about training pay and expected per month pay. I decided to share some real numbers of what you can expect for take-home pay every two weeks throughout the different stages of training. Additionally, I touch on what pay is put in what paychecks since they pay out different things on different checks.
Everyone’s paycheck is going to be slightly different based on the benefits chosen, allowances, and state of residence. I personally claimed 2 allowances and live in a state that has income tax. The benefits I have are as follows in per paycheck values
Medical: $64
AA and UA travel benefits with the paid over a year option: $5
401k at 3%: $53
Additionally, I am going to round some numbers and change the values slightly for simplicity and privacy reasons.
Initial Training Pay
You are paid $60/day for the first 30 days (even on days off you are paid). Additionally, you receive $1500 of the $17500 total bonus. That $1500 should be paid on the first paycheck. Note: Bonuses are taxed at a higher percentage.
1st Paycheck: $1600
If you enroll in two or more travel benefit programs, the company gives you $100 towards that enrollment. This posted on my second paycheck.
2nd Paycheck: $950
Minimum Guarantee
After the first two paychecks, you are now switched to the minimum monthly guarantee plus per diem. Minimum guarantee is 75 hours per month at $46.36. That is paid out at 37.5 hours every two weeks. Per diem is paid out once per month in the mid-month paycheck. Per diem is $2.15/hr. And that per diem counts for every hour you are scheduled to be somewhere for training, NOT just time you spend at the training center. So if you have 2 days of training, that is 48 hours of per diem. Per Diem is NOT TAXED. Additionally, when on a trip, you are paid per diem for all time spent away from base.
Your end of month paycheck is going to be the same every month, 37.5 hours at your hourly rate.
3rd Paycheck: $1250
Depending on when you start, per diem may or may not be in the 4th paycheck. Mine was. Additionally, on the mid-month paycheck they add on all the other “extras”. We received 4 hours over guarantee for this paycheck, and some R-Goals Bonus (which isn't being distributed anymore due to corona). I don’t know if the 4 hours over guarantee is typical or if our schedule just worked out that way.
4th Paycheck: $2100
5th Paycheck: $1250
6th Paycheck: $5800
This paycheck includes the completion of IOE $5k bonus and per diem.
After this paychecks are basically the same every month.
Minimum Monthly Guarantee Pay After taxes/deductions: $2500
Plan to live on $2500/mo. The majority of pilots make more than the minimum, but with the decreased flying due to the coronavirus, I would be extremely hesitant to plan for more than guarantee. (edit: we are currently limited to 82 hours of credit, so at this time do not plan for more than 82 hours a month. you can get around that with trip trades but I have found that to be pretty difficult with the reduced flying.)
PLEASE NOTE:
One thing that isn’t really advertised is that Republic sends you a 1099-MISC for your ATPCTP Training. They mention this in their initial emails, but I severely underestimated the amount of taxes I would be liable for. Since you weren’t an employee during ATPCTP they say this is “Non-employee compensation”. The 1099 is approximately $4500. This worked out to about $1200 in taxes I owed. So might as well subtract $1200 from that first paycheck to set aside for taxes.
TLDR
1st: $1600
2nd: $950
3rd: $1250
4th: $2100
5th: $1250
6th: $5800
Misc: -$1200 ATPCTP taxes
One more thing I didn't account for was Union Dues. I was never charged union dues during training, and they just popped up for the first time on the paycheck yesterday. I'm unsure if they are deducted per paycheck or monthly, but this paycheck had $70 in union deductions.
04-16-2020 | 01:44 PM
#4
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Joined: Aug 2013
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Didnt those who got sent home from training get notified this week that they won’t return prior to Jan 2021? Seems unlikely to be much hiring.
04-16-2020 | 01:53 PM
#5
Gets Weekends Off
Joined: Apr 2018
Posts: 301
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From: Non-standard Phraseology Curator
They'll have to recall anyone furloughed if it comes to that first. Then will be the backlog in training that will create getting furloughed pilots current. It will be a lot longer than that, and I think anything other than that is a delusion right now.
04-16-2020 | 02:09 PM
#6
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Joined: Jun 2017
Posts: 189
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04-16-2020 | 10:08 PM
#7
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Joined: Aug 2013
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04-19-2020 | 10:46 PM
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Two corrections needed in this thread.
Bonuses ARE NOT taxed at a higher rate, they are taxed at the same rate at which your normal income is. Whatever bracket you fall into is what it’s taxed at, though they could possibly bump you into the next bracket. For this reason, bonuses are WITHHELD at a higher rate. So while you lose money upfront with the bonus when they are initially paid, you gain a lot of it back come tax season the following year.
Per Diem IS taxed while on day trips.
Bonuses ARE NOT taxed at a higher rate, they are taxed at the same rate at which your normal income is. Whatever bracket you fall into is what it’s taxed at, though they could possibly bump you into the next bracket. For this reason, bonuses are WITHHELD at a higher rate. So while you lose money upfront with the bonus when they are initially paid, you gain a lot of it back come tax season the following year.
Per Diem IS taxed while on day trips.
04-20-2020 | 02:31 AM
#9
Thread Starter
Gets Weekends Off
Joined: Sep 2019
Posts: 147
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Two corrections needed in this thread.
Bonuses ARE NOT taxed at a higher rate, they are taxed at the same rate at which your normal income is. Whatever bracket you fall into is what it’s taxed at, though they could possibly bump you into the next bracket. For this reason, bonuses are WITHHELD at a higher rate. So while you lose money upfront with the bonus when they are initially paid, you gain a lot of it back come tax season the following year.
Per Diem IS taxed while on day trips.
Bonuses ARE NOT taxed at a higher rate, they are taxed at the same rate at which your normal income is. Whatever bracket you fall into is what it’s taxed at, though they could possibly bump you into the next bracket. For this reason, bonuses are WITHHELD at a higher rate. So while you lose money upfront with the bonus when they are initially paid, you gain a lot of it back come tax season the following year.
Per Diem IS taxed while on day trips.
Do you have a source for per diem being taxed on day trips? I haven't had that happen yet and a quick google hasn't revealed the answer
04-20-2020 | 03:55 AM
#10
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Joined: Jun 2011
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The reason it is taxed is precisely because you’re not gone overnight. The government considers per diem as money to cover expenses while on the road (food, room, etc). Since you’re on a day trip the government assumes (just like someone working any 9-5 job) that you have none of these “out-of-pocket” expenses and therefore it’s just extra income.
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