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Reality Check
Hello all,
Long time lurker, and first time poster. I was recently hired and offered a class date for November. I am currently employed with a carrier that is based in Europe. I have a home and family living in Europe. I live a very comfortable life right now. I am here to ask few questions and prepare my self for the upcoming transition. I must acknowledge that it has been my dream to be a part of Southwest and I am blessed to have gotten closer to it. However, I am also nervous of the following: 1. Training pay 2. 1st year pay 3. Reserve and QOL. I have been preparing my self and my wife for this transition. What I would like to know is some realistic numbers for both pay, and day off. How much money can I realistically make if I were to bust my behind in year 1? How many minimum days can I have off during reserve period? I understand and read it is around 15. Please, share your experience, strategies, and technics to cope with the financial transition, at least for the first year. I do plan to move back to U.S and also in base, once I am awarded the base I seek (either BWI or LAS). Thank you in advance, Much Luv. |
Originally Posted by TrueLuv
(Post 2862483)
Hello all,
Long time lurker, and first time poster. I was recently hired and offered a class date for November. I am currently employed with a carrier that is based in Europe. I have a home and family living in Europe. I live a very comfortable life right now. I am here to ask few questions and prepare my self for the upcoming transition. I must acknowledge that it has been my dream to be a part of Southwest and I am blessed to have gotten closer to it. However, I am also nervous of the following: 1. Training pay 2. 1st year pay 3. Reserve and QOL. I have been preparing my self and my wife for this transition. What I would like to know is some realistic numbers for both pay, and day off. How much money can I realistically make if I were to bust my behind in year 1? How many minimum days can I have off during reserve period? I understand and read it is around 15. Please, share your experience, strategies, and technics to cope with the financial transition, at least for the first year. I do plan to move back to U.S and also in base, once I am awarded the base I seek (either BWI or LAS). Thank you in advance, Much Luv. You’ll likely be able to get BWI out of training, and LAS shortly after. |
73.56/tfp x 100 tfp/month on reserve= $7356/ month gross. Plus $400/ month per diem. Plus 15% into your 401k is another $1103 per month. $93k year one before taxes, not including $13.2k in your 401k.
Training is year one pay at the guarantee of 87 or 89 tfp/month. Lasts through IOE, total of about 2 months. 100 tfp per month is a reasonable assumption on a pure reserve line, with a fly preference. That’s picking up nothing extra (at second year rates of $106.37/tfp). At least 15 days per month off. Working in 3 to 4 day blocks, with 3 to 4 day blocks off. You’ll likely get BWI right out of training. LAS shortly after. Hope that helps. Sounds like a big transition. If you do make the jump here, Welcome! |
I made $100,000 my first year and will make around $150,000 on second year pay. I also got profit sharing for my first year it was around $10,000 put into a seperate 401k, I started in late November. The QOL was pretty good my first year and continues to get better.
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Great!
Originally Posted by moflyer
(Post 2862873)
I made $100,000 my first year and will make around $150,000 on second year pay. I also got profit sharing for my first year it was around $10,000 put into a seperate 401k, I started in late November. The QOL was pretty good my first year and continues to get better.
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Originally Posted by moflyer
(Post 2862873)
I made $100,000 my first year and will make around $150,000 on second year pay. I also got profit sharing for my first year it was around $10,000 put into a seperate 401k, I started in late November. The QOL was pretty good my first year and continues to get better.
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$88k - yr 1 (old cba)
$163k - yr 2 $184k - yr 3 Should do around $200k on yr 4. Doesn’t include profit sharing. I work an extra 2-3 days a month depending on what’s available. |
Thats pretty good! Im assuming you live in base to make 100K first year?
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I hustled as much as I could because I took a large pay reduction in coming here for a very large upside... down the line. I earned $116K in my first year and will do around $180K in my second year if I continue flying how I am now, which I see no reason why I shouldn’t. At this schedule I normally have 10-12 days off per month, sometimes more depending on how things work out. 9 days off has been my worst. This figure doesn’t include 401K and profit sharing.
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I made 100k first year with nothing more than a extra local or two a month, it’s quite easy to do.
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