End of 2021 salary survey

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“Jehova! Jehova! Jehova!” Stoning reference for millennial googlers.

As a former 91 corporate guy we used to be in class often with NetJets folks. Good people and I’m glad they are at a good gig. The corporate world has seen a lot of big changes as well—it’s not just the airlines.
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Quote: His 178 days included a bunch of extra days that he worked for extra pay. Every vacation on the 7&7 schedule gets you 21 days in a row off, unless you do back to back vacations which ends up as 35 days in a row. It is a vastly different vacation system than the airlines in good and bad ways.

2021 offered way more money to work extra than ever before and many took it happily. 2022 is offering up some more of the special extra pay temporarily and will also pay out for many higher than a normal year. Under the current contract, the average PIC (every PIC is currently at the top of the pay scales) will make somewhere north of 250K on the 7&7 without working extra days for extra pay. It isn't an airline and has some things that are better than the airlines and probably more things that are worse. This thread is good to see what a variety of jobs actually pay and what kind of things to strive for.
okay so he flew extra on his days off and hustles to make more money. Nothing different that what you can do at an airlines.

The vacation sounds nice, sounds like something I shoot for at my airline, days off at the ends of my vacation.
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I’m happy to see fractional post here too.

However, after reading all that was said it seems this poster in particular padded everything and omitted it until later.

$20,000 signing bonus and working over your vacation for 2.5 times pay that is contractually ending soon does not paint a proper picture of pay if someone chose NetJets over an airline.

His/her entire post was misleading. I believe that is why everyone is teasing them. Why pump up all your pay and then act like you’re on the same level? It’s disingenuous.
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End of 2021 salary survey
Quote: I’m happy to see fractional post here too.

However, after reading all that was said it seems this poster in particular padded everything and omitted it until later.

$20,000 signing bonus and working over your vacation for 2.5 times pay that is contractually ending soon does not paint a proper picture of pay if someone chose NetJets over an airline.

His/her entire post was misleading. I believe that is why everyone is teasing them. Why pump up all your pay and then act like you’re on the same level? It’s disingenuous.

It’s a 2021 salary survey. Those are hard numbers and I didn’t misrepresent anything. That’s what I made in 2021. I apologize if you feel that way.

I, just like everyone else here took advantage of a lot of 2021 premium pay options because of the covid shortage and demand on the aviation system. Do you think it’s normal for a FedEx pilot to make 1mill/year during a normal year? What about the pilots making $140k and fly zero hours? Is that misrepresented as well? We know that’s not normal and only possible because of 2021 options afforded to airlines.

It was a good year for everyone. Every airline seemed to offer an increase in pay incentives. Most of us took advantage of them in some way. In the end, we all made more in 2021.

If we experience a normal year, most Netjets captains will still make over $280k in 2022 and work less than we did in 2021. Most senior FO’s will make over $180K. We will still put about $45-50k in our 401k. That’s still a very respectable income and on par with my buddies at the legacies.


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Quote: At $363k, I’m pretty happy with that. Nothing much more to reach for. I saw posts of major captains making less and flying about the same.

I get it….you guys don’t see Netjets as a contender. It’s not a major. Loud and clear.

Sounds like I should’ve been a lawyer.

Moving on…[emoji23]
Cause it is not a contender. Flashing your pay, still doesn't reflect that Netjets isn't a major airline.
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Quote:
We will still put about $45-50k in our 401k. That’s still a very respectable income and on par with my buddies at the legacies.


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as far as the 401(k) not even close.

you said Legacy.

a legacy pilot is getting a 15-16% DC depending on the airline.

lets say a top captain making $350,000 at 15%

is $52,500 plus the IRS limit ($19,500) of what they contribute is $72,000.

heck even a top Spirit captain this year, can put more away in their 401(k) than that range you mentioned.
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End of 2021 salary survey
Quote: Cause it is not a contender. Flashing your pay, still doesn't reflect that Netjets isn't a major airline.

Quote:
I get it….you guys don’t see Netjets as a contender. It’s not a major. Loud and clear.

Moving on…[emoji23]
Again. Moving on. Back to the salary surveys.
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Quote: I’m happy to see fractional post here too.

However, after reading all that was said it seems this poster in particular padded everything and omitted it until later.

$20,000 signing bonus and working over your vacation for 2.5 times pay that is contractually ending soon does not paint a proper picture of pay if someone chose NetJets over an airline.

His/her entire post was misleading. I believe that is why everyone is teasing them. Why pump up all your pay and then act like you’re on the same level? It’s disingenuous.
of course he padded and omitted some. But who cares. I am glad to see Netjets pilots making some decent money. They deserve it. It was hard fought 2015. We are all in the same boat. It’s win win. The more they can attract from 121 the better. Imagine if all the business jets out there paying their captain 300k then hell a major better be paying their captain 600k minimum.
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Quote: as far as the 401(k) not even close.

you said Legacy.

a legacy pilot is getting a 15-16% DC depending on the airline.

lets say a top captain making $350,000 at 15%

is $52,500 plus the IRS limit ($19,500) of what they contribute is $72,000.

heck even a top Spirit captain this year, can put more away in their 401(k) than that range you mentioned.

that’s not how 401k limits work. It’s a combined total of company and you. For 2021:

you can do up to = 19,500
if over 50 you can do = 26,000

company can do up to, if a 16% DC = 46,400 (IRS contributions capped when income hits 290k)

the combined total cannot exceed = 58,000
unless over 50. you can do = 64,500

most places pay anything over the limits as normal income
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Quote: that’s not how 401k limits work. It’s a combined total of company and you. For 2021:

you can do up to = 19,500
if over 50 you can do = 26,000

company can do up to, if a 16% DC = 46,400 (IRS contributions capped when income hits 290k)

the combined total cannot exceed = 58,000
unless over 50. you can do = 64,500

most places pay anything over the limits as normal income

I was just referring to a pilot contributing the most that they can do. which for this year is $19,500. And yeah I guess if you’re an old fart you can contribute more.

I was just adding the two numbers up.

(company DC + Pilots contributions = total.)
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