Quote:
Originally Posted by charchar
I agree, no shame in a regional, so please don't misunderstand. With the large reduction, from my current salary, and my families financial commitments (think teenagers ), making that decision is a really difficult one. I'm at a time in my life where I'd like to not wipe out all of my families savings in just 18 months.
I have some fractional/135 companies interested and they do offer a much better salary, but I'm just not sure that would make sense? Is a fractional just not going to help push me to where I want to be within 6-8 months, based on the numbers I have? Again, am I being unrealistic?
A lot of folks say, "Go to a regional and you'll get picked up within 6 months," but I'm also not sure if that's really happening?
Hard to really give advice without knowing your current job/grade/budget/finances/etc, but I made the jump going from senior O3 pay to $19k first year at a regional, with 2 teenagers and a baby. Wife made a decent bit less than I did as an O3, but we were still under 6 figures combined. You can mil leave whenever your unit gives you orders to offset low pay/bad schedules. But it seems low regional pay isn’t as huge a deal these days, and will be more than made up for if it gets you a legacy job sooner.
Nowadays regionals are paying significantly more, with bonuses, and you can pick up mil trips/orders to make up a lot of the difference. Also, you can upgrade at 500 hours 121 SIC (so long as seniority can hold it) with your herc PIC time, and be a regional captain in 8-12 months if you end up getting stuck there. Not sure if you’ve hung out in the regional forums lately (I haven’t really) but I hear first year guys can make $65k at many. And for reference, if you’d done a regional 18 months ago, this year at a legacy you’d be making $150-$200k, plus PS + 16% of salary to your 401k. And the annual increase in longevity/seniority is all cumulative.
Fractionals/corporate won’t get you significantly more pay than regionals I wouldn’t think (maybe I’m wrong), and doesn’t check the 121 box. Doubt you'd get as many hours either.
I also wouldn't scoff LCCs/ULCCs depending on your commute, but would stay away from certain cargo companies unless you are targeting FDX/UPS.
121/jet type is big point item on app scoring algorithms from what I hear anecdotally for mil guys. Ditto for a decent amount of recency. I know several who get the type and get an interview before IOE at regionals. I know several low time fighter bros who were at 1500-2k not getting any love, went to a regional, and during ground school, during IOE, or after a couple months, end up getting the interview. Could be a coincidence. But that’s my $.02. Worth what you paid! Either way, good luck