Need Help with pay rates
02-20-2008, 09:11 PM
#22
Gets EVERY weekend off
Joined APC: Jul 2006
Position: SIC
Posts: 1,367
Pilot pay can be somewhat complex once different "contractual" factors are brought into it, remember, they're written by lawyers, and are probably better understood by them too.
The reason there's a "guarantee" whether it's Normal (Line holder) guarantee, or Reserve (on call) guarantee it's there as a minimal amount you'll get paid per month. Now, it's not the maximum you'll make in a month, however, when deriving a budget, it's what I would use to calculate my "salary" until you get a few months worth of pay and can get a better idea as to what to expect for future paychecks. The airlines also go through busy/lull times, during the summer months you can expect to credit more hours of flying than the winter months.
I started at my company in Sept. 06, made a few thousand dollars between then and december of the same year (training pay "which is even worse than your guarantee") my W2 for 2007 was around 27,xxx, with the months between sept-dec being figured at second year rate of $25/hr as opposed to $22/hr. My average pay (given hours worked) turned out to be around 90 hrs of credit a month. When i planned my budget, i used something in the low-mid 80's as my average credit.
Last month on reserve i didn't break guarantee and as a result was paid the 70 hr guarantee. This month however i'm on pace to hit around 100 hrs of pay as opposed to the simple (and poorer) guarantee.
In your situation having a family you'll definitely want to do your homework as to what company you want to work for. You're not in a position where you can chase quick upgrade, and something along the lines of best quality of life and pay would most likely be more important to you. Also curb your spending habits which will help, as when you make the jump from regional to major airline you'll be taking a pay cut again, you'll make it up by your second year of flying, but that's part of the nature of the beast. Hope this helps sort things out, and best of luck to you.
The reason there's a "guarantee" whether it's Normal (Line holder) guarantee, or Reserve (on call) guarantee it's there as a minimal amount you'll get paid per month. Now, it's not the maximum you'll make in a month, however, when deriving a budget, it's what I would use to calculate my "salary" until you get a few months worth of pay and can get a better idea as to what to expect for future paychecks. The airlines also go through busy/lull times, during the summer months you can expect to credit more hours of flying than the winter months.
I started at my company in Sept. 06, made a few thousand dollars between then and december of the same year (training pay "which is even worse than your guarantee") my W2 for 2007 was around 27,xxx, with the months between sept-dec being figured at second year rate of $25/hr as opposed to $22/hr. My average pay (given hours worked) turned out to be around 90 hrs of credit a month. When i planned my budget, i used something in the low-mid 80's as my average credit.
Last month on reserve i didn't break guarantee and as a result was paid the 70 hr guarantee. This month however i'm on pace to hit around 100 hrs of pay as opposed to the simple (and poorer) guarantee.
In your situation having a family you'll definitely want to do your homework as to what company you want to work for. You're not in a position where you can chase quick upgrade, and something along the lines of best quality of life and pay would most likely be more important to you. Also curb your spending habits which will help, as when you make the jump from regional to major airline you'll be taking a pay cut again, you'll make it up by your second year of flying, but that's part of the nature of the beast. Hope this helps sort things out, and best of luck to you.
02-20-2008, 09:22 PM
#23
Gets Weekends Off
Joined APC: Dec 2007
Posts: 110
Does anyone here have info on
AE
Colgan
Piedmont
What did you make on reserve and holding a line(I know everyone is different) for the first...second...third year f/o. First...second...third year CA
Any other infor you have about pay for these airlines would be great! Thanks!
AE
Colgan
Piedmont
What did you make on reserve and holding a line(I know everyone is different) for the first...second...third year f/o. First...second...third year CA
Any other infor you have about pay for these airlines would be great! Thanks!
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