Skywest v2.0
06-15-2017 | 09:57 AM
#7681
On Reserve
Joined: May 2017
Posts: 12
Likes: 0
I once told a guy "Oh, you fly a King Air? Thats a C90....I fly a C152...thats 62 more than yours...."
Point is, seems a little odd to go from a Cessna to an airliner. The system where you work up to it seemed a little more reasonable. Believe me, im not complaining. Works out great for us....lots of huge negatives for others....but great for us...
Point is, seems a little odd to go from a Cessna to an airliner. The system where you work up to it seemed a little more reasonable. Believe me, im not complaining. Works out great for us....lots of huge negatives for others....but great for us...
06-15-2017 | 11:28 AM
#7682
Gets Everyday Off
Joined: Aug 2016
Posts: 6,995
Likes: 1
From: Fully Retired
06-15-2017 | 12:10 PM
#7683
Gets Weekends Off
Joined: Feb 2006
Posts: 6,248
Likes: 0
From: 767A (Ret)
06-15-2017 | 02:26 PM
#7684
Gets Weekends Off
Joined: Sep 2009
Posts: 2,429
Likes: 14
<CRJ900>, that's right, it doesn't get any higher ladies.
06-15-2017 | 02:26 PM
#7685
Gets Weekends Off
Joined: Feb 2006
Posts: 2,300
Likes: 0
From: Seat 0B
Come on. The 1500 hour rule has made us much safer....in the dark days before the rule lots of pilots went from a 172 to a BE1900 to build experience before going to a jet....a BE 1900 is 1729 more than a 172, so very dangerous.
Now, we young folks get to go from a 172 straight to a 175....the 175 is only 3 more than a 172, so its almost the same thing.
See? And people thought congress would screw this whole thing up. The rule seems to be working fine to me!
Now, we young folks get to go from a 172 straight to a 175....the 175 is only 3 more than a 172, so its almost the same thing.
See? And people thought congress would screw this whole thing up. The rule seems to be working fine to me!
oh-em-gee......
06-15-2017 | 04:17 PM
#7686
Gets Weekends Off
Joined: Aug 2015
Posts: 2,613
Likes: 526
From: Guppy Gear Slinger
06-16-2017 | 12:28 AM
#7687
Line Holder
Joined: Sep 2009
Posts: 72
Likes: 0
From: E-175 FO
Come on. The 1500 hour rule has made us much safer....in the dark days before the rule lots of pilots went from a 172 to a BE1900 to build experience before going to a jet....a BE 1900 is 1729 more than a 172, so very dangerous.
Now, we young folks get to go from a 172 straight to a 175....the 175 is only 3 more than a 172, so its almost the same thing.
See? And people thought congress would screw this whole thing up. The rule seems to be working fine to me!
Now, we young folks get to go from a 172 straight to a 175....the 175 is only 3 more than a 172, so its almost the same thing.
See? And people thought congress would screw this whole thing up. The rule seems to be working fine to me!
06-16-2017 | 08:20 PM
#7689
Gets Everyday Off
Joined: Aug 2016
Posts: 6,995
Likes: 1
From: Fully Retired
06-17-2017 | 09:41 AM
#7690
Time to make the donuts!
Joined: Dec 2005
Posts: 303
Likes: 0
From: B737 FO
Repost from a different thread
Quote:
Originally Posted by Wingnut64
Howdy All,
I'm looking at returning to the 121 world after almost 11 years in the 135 helicopter business. I'm interested in Skywest because of the western domiciles, especially Boise. I currently live in Denver but plan to move to the Spokane area this summer.
Everything about Skywest looks pretty good to me, except the starting pay. Except for a $7500 bonus for type-rated new-hires (I have a CL65 type already from my former life) there doesn't appear to be any retention bonuses listed on the company website. What I did see on the website is this quote:
"SkyWest offers the best quality of life with over a dozen domiciles, upgrades in 2 years or less, excellent pay, profit sharing programs, bonuses and 401(k) match."
Can somebody tell me about the profit sharing, and bonuses they are talking about? It seems that many other regionals are promising $60k first year pay, but not Skywest. Any chance of that happening?
Finally, how long would it take to hold BOI, PDX, or SEA?
Thanks!
--------------------------------------------------------------
There are 3 continuous employee/pilot bonus programs at SkyWest:
#1 (eligible after 1 year of service) Performance Rewards:
- earned by ALL SkyWest Airlines employees
- earned quarterly, paid quarterly following quarterly earnings announcement/conference call
- Company sets performance metrics and places a dollar value on their completion (or partial completion). Currently D0, A14, ACF, and "Customer Experience" (pax surveys from mainline partners). I just noticed that the baggage handling goal was removed
- I believe $501 per quarter can be earned if we achieve max goals
- I've never seen that, but it has been $225-$250/qtr or so for the last several years.
#2 (eligible after 2 years of service) Financial Rewards:
- earned by ALL SkyWest Airlines employees
- earned quarterly, paid quarterly following quarterly earnings announcement/conference call
- Individual's quarterly earnings are multiplied by the SkyWest Airlines' (NOT ,Inc.) Net Profit % to calculate a gross bonus amount. If you earn $10,000 in the quarter, SkyWest's net profit is 5%, you'd get $500
- The more you work, the bigger the bonus
#3 (eligible immediately) Pilot Profit Sharing:
- earned only by SkyWest PILOTS
- earned bi-annually, paid bi-annually (MAR/SEP) by policy-determined dates.
- Payout pool is currently 7% of SkyWest Airlines Net Profit not to be less than $6.3 million
- complicated calculations, but generally:
---individual credit hours are multiplied by 1.15 if you're a CA, .85 if you're an FO
---all company-wide pilot credit hours are added up for the period, and divided by individual credit hour factor
---multiply that number by the payout pool (7% NP or 6.3 million, whichever is higher)
- I have not been an FO since this started, but it's been worth about $1500 per payout for me.
- New TA increases % of NP and guaranteed pool
We seem to be constantly getting bonus payouts, which is nice. Currently, PR/FR FEB, MAY, JULY, OCTOBER and PPS MAR, SEP
As a 10+ year CA who works a fair amount more than average, these bonuses add up to a little less than $10k per year for me. Maybe an FO could chime in on theirs.
Originally Posted by Wingnut64
Howdy All,
I'm looking at returning to the 121 world after almost 11 years in the 135 helicopter business. I'm interested in Skywest because of the western domiciles, especially Boise. I currently live in Denver but plan to move to the Spokane area this summer.
Everything about Skywest looks pretty good to me, except the starting pay. Except for a $7500 bonus for type-rated new-hires (I have a CL65 type already from my former life) there doesn't appear to be any retention bonuses listed on the company website. What I did see on the website is this quote:
"SkyWest offers the best quality of life with over a dozen domiciles, upgrades in 2 years or less, excellent pay, profit sharing programs, bonuses and 401(k) match."
Can somebody tell me about the profit sharing, and bonuses they are talking about? It seems that many other regionals are promising $60k first year pay, but not Skywest. Any chance of that happening?
Finally, how long would it take to hold BOI, PDX, or SEA?
Thanks!
--------------------------------------------------------------
There are 3 continuous employee/pilot bonus programs at SkyWest:
#1 (eligible after 1 year of service) Performance Rewards:
- earned by ALL SkyWest Airlines employees
- earned quarterly, paid quarterly following quarterly earnings announcement/conference call
- Company sets performance metrics and places a dollar value on their completion (or partial completion). Currently D0, A14, ACF, and "Customer Experience" (pax surveys from mainline partners). I just noticed that the baggage handling goal was removed
- I believe $501 per quarter can be earned if we achieve max goals
- I've never seen that, but it has been $225-$250/qtr or so for the last several years.
#2 (eligible after 2 years of service) Financial Rewards:
- earned by ALL SkyWest Airlines employees
- earned quarterly, paid quarterly following quarterly earnings announcement/conference call
- Individual's quarterly earnings are multiplied by the SkyWest Airlines' (NOT ,Inc.) Net Profit % to calculate a gross bonus amount. If you earn $10,000 in the quarter, SkyWest's net profit is 5%, you'd get $500
- The more you work, the bigger the bonus
#3 (eligible immediately) Pilot Profit Sharing:
- earned only by SkyWest PILOTS
- earned bi-annually, paid bi-annually (MAR/SEP) by policy-determined dates.
- Payout pool is currently 7% of SkyWest Airlines Net Profit not to be less than $6.3 million
- complicated calculations, but generally:
---individual credit hours are multiplied by 1.15 if you're a CA, .85 if you're an FO
---all company-wide pilot credit hours are added up for the period, and divided by individual credit hour factor
---multiply that number by the payout pool (7% NP or 6.3 million, whichever is higher)
- I have not been an FO since this started, but it's been worth about $1500 per payout for me.
- New TA increases % of NP and guaranteed pool
We seem to be constantly getting bonus payouts, which is nice. Currently, PR/FR FEB, MAY, JULY, OCTOBER and PPS MAR, SEP
As a 10+ year CA who works a fair amount more than average, these bonuses add up to a little less than $10k per year for me. Maybe an FO could chime in on theirs.
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