Realistic First/Second Year Pay
#61
Child of the Magenta
Joined APC: Jan 2016
Position: 737
Posts: 387
Fair enough, it was in the jumpseat of the 737 and all that noise may have drown out his words. Haha. Actually our 777/787 FO slots are taken up by a majority of very senior pilots that are actually leaving the left seat of the NBs for it. I'm sure I just transposed our situation at AA onto yours. As with yours, ours will be steeply decreasing in the next few years. Thanks for the correction.
#62
On Reserve
Joined APC: Feb 2016
Posts: 13
Is it generally safe to assume that you have a good chance of getting more than the guaranteed hours as a new hire? And will your per diem usually cover expenses as long as you don't make it rain in the food court, or can you count on pocketing a good chunk of it?
#63
Gets Weekends Off
Joined APC: Mar 2007
Position: Petting Zoo
Posts: 2,091
Far as per diem....I really dont pay enough attention but I am pretty sure most of the time I spend less. What will kill your budget is booze. For mental math I plan for 50 bucks in a 24 hour period; even with the airport 9 dollar sandwich I seem to be able to stay under that each day without much work. I have met a few folks with the stamina to pack food. I dont care enough, but when bored [and sick of airport food] enough I will play the game of "never eat airport food." Shopping on layovers.
Having said all that, our per diem is a joke. Even the US Govt pays more. Thankfully that works out to a nice tax break....but it still sucks.
#64
Gets Weekends Off
Joined APC: Nov 2013
Posts: 2,756
#65
#66
Gets Weekends Off
Joined APC: Nov 2013
Posts: 2,756
Maybe they could add up our mortgage payments and call it income, also.
#67
Gets Weekends Off
Joined APC: Mar 2011
Position: A320 CA
Posts: 199
Nope, pretty sure that is all AA money. . .had a guy in my crash pad with similar numbers and he said that he didn't put a dime of his own money into his 401k and AA put $21600 for the year. . .a nice little deal.
#69
Gets Weekends Off
Joined APC: Nov 2013
Posts: 2,756
And for anyone who thinks that the company is putting exactly 10% more into their 401K than other pilots on the property (unless it's a contractual rule), they need to look closer at their account. They have either accidentally opted in, or the company automatically opted them in. Believe me, I understand how confusing it can be. I worked for a major for 2 1/2 years, and didn't even realize I had a 401K account until they furloughed me. I have no idea how much of it was company contributions or my own. At that point, I was just happy to have a job.
#70
Child of the Magenta
Joined APC: Jan 2016
Position: 737
Posts: 387
I'm not a frequent enough poster here to say for sure, but I believe that QG was a flow through pilot and those pilots kept their company seniority date for vacation and 401k contributions. I don't know the specifics of his situation, but the company puts in 16% and not more than that for anyone. We got some stock a few years ago, perhaps that was included in the first year compensation estimate. That certainly wouldn't be the case for someone off the street.
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