Swoop pay

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wallypilot
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Re: Swoop pay

Post by wallypilot » Thu Jun 20, 2019 11:46 pm

92k for first year capt? Who the hell is taking these positions? You just have to shake your head. Anyone that takes such a position is personally partially responsible for the downfall of this industry.
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North Shore
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Re: Swoop pay

Post by North Shore » Fri Jun 21, 2019 8:32 am

Probably closer to $45k, wp....6 months, or 500 hours, and then it’s off to China for big bucks..
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Nomoreexpat
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Re: Swoop pay

Post by Nomoreexpat » Sun Aug 18, 2019 1:47 pm

soooo..

I have a few question for someone who is a New Captain at Swoop.


I have a friend who is currently doing Line indoc and he told me with Ontario Tax he brings home 2758.00 twice a month.. that is after Tax without perdiem or Overtime.

is That salary enough to pay for all your Bill's, possibly sustain a family and enjoy a holiday during the year.

my other question is, why are these Captain salaries soo Low.. and why do you accept them.

I'm asking only on a fact finding mission and trying to understand the Market and the Mentality of Canadian Aviation.

Thanks in Advance
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FOD_Vacuum
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Re: Swoop pay

Post by FOD_Vacuum » Wed Aug 21, 2019 1:15 pm

Nomoreexpat wrote:
Sun Aug 18, 2019 1:47 pm
soooo..

I have a few question for someone who is a New Captain at Swoop.


I have a friend who is currently doing Line indoc and he told me with Ontario Tax he brings home 2758.00 twice a month.. that is after Tax without perdiem or Overtime.

is That salary enough to pay for all your Bill's, possibly sustain a family and enjoy a holiday during the year.

my other question is, why are these Captain salaries soo Low.. and why do you accept them.

I'm asking only on a fact finding mission and trying to understand the Market and the Mentality of Canadian Aviation.

Thanks in Advance
Let me try explain the Canadian Aviation mentality. A Canadian who walks in front of you at the grocery store while you look at which Aunt Jemima syrup you want to buy will simply say "sorry" for being a split second inconvenience to your view. Canadians will not strike or have a huge uproar, because, well that is very "un-Canadian" like. God forbid you offend any snowflakes here in Canada... I was offered the idea a 705 captain job that I turned down simply because I did not think it was paid well enough and that was honestly my answer to the CP. The last potential strike I can recall was the other year when a few Westjet pilots went picketing outside the WJ headquarters in order to get a fair contract. In my opinion, this got more media attention the actual purpose of the picketing for their contract..

That salary you mention reflects a roughly 90k a year salary which is very low compared to any other Boeing captain in the world. Its an insultingly low figure. I made more than that flying a clapped out King Air back in the day. To answer your question, I will assume your friend lives in Hamilton. The average rent is around $1350 or $1500 for a two bedroom. A normal financial rule of thumb is to not spend more than 30% on cost of living. So this is "doable" depending in what kind of accommodation you want to live in.

But, lets run some very rough numbers and look at an average cost of a house in Hamilton as per google. $584k so lets say the minimum of a first home buyers down payment of $30k (5%). The rest of the mortage over 25 year period (554k) would run you aprox. $1850 mortage payment a month. add on utilities, property tax etc you are looking at around $2300 a month of your after tax income required to pay your living cost. As mentioned, your costs should run you no more than 30% of your income, which means you should not spend more than about $1700 on your costs. This means you are spending about $600 a month more on your living costs with that income compared to what you should be if you want to be financially smart. So to answer your question, no it is not viable and it would be difficult to pay for bills with a Swoop capt salary. Don't forget, Hamilton is one of the more affordable areas in the country.

The pilots that take these positions and accept them are either younger individuals who have the shiny jet syndrome and still live with roommates, or pilots from overseas wanting to move back to Canada but couldn't justify an FO wage to support their family, or those who want jet PIC experience in order to go overseas and get paid what we should be in that position. The problem is that there is not a lot of competition and enough pressure in the Canadian industry to warrant a hike in wage to be at the same level as other similar positions in the world. I hope that changes sooner than later-fingers crossed.
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co-joe
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Re: Swoop pay

Post by co-joe » Fri Aug 23, 2019 5:53 pm

The problem is we have a duopoly in control of our wages. There are only 2, 705 players to work for, and they don't like us.
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ehv8oar
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Re: Swoop pay

Post by ehv8oar » Sat Aug 24, 2019 5:46 am

Maybe things will change if the US starts recruiting Canadian Pilots, then AC and WJ will have to increase the salaries.
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RVR6000
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Re: Swoop pay

Post by RVR6000 » Sat Aug 24, 2019 3:22 pm

ehv8oar wrote:
Sat Aug 24, 2019 5:46 am
Maybe things will change if the US starts recruiting Canadian Pilots, then AC and WJ will have to increase the salaries.
AC already has a pretty decent salary on the 737, roughly $230k a year. Problem is those willing to do it for $110k a year.

Knock on AC contract as you wish, it’s still far superior to anything else in this country. The flat salary doesn’t last indefinitely, those soon to be 6-8 months captain will attest to it.
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JohnnyHotRocks
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Re: Swoop pay

Post by JohnnyHotRocks » Sun Aug 25, 2019 3:58 am

The US unions will never allow Canadian scabs to lower their salaries and rightfully so.
Please stop defending ACs disgraceful payscale.
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Hangry
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Re: Swoop pay

Post by Hangry » Sun Aug 25, 2019 4:15 am

JohnnyHotRocks wrote:
Sun Aug 25, 2019 3:58 am
The US unions will never allow Canadian scabs to lower their salaries and rightfully so.
Please stop defending ACs disgraceful payscale.
Who do you work for and how much do you make?
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jt8d
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Re: Swoop pay

Post by jt8d » Sun Aug 25, 2019 4:29 am

230K... how many years into the left seat is that... just curious? PoopAir is shit... no doubt about. Disgraceful to accept such a low captain salary... garbage... the execs there can suck my Dink
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altiplano
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Re: Swoop pay

Post by altiplano » Sun Aug 25, 2019 7:32 am

Junior 737 guy is going to be around SN 3800-3900 on the current bid... I think that's someone hired last year. They should do right around or slightly over 200K.

Mid pack 737 CA mid 2s is easy with a bit of OT.
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jt8d
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Re: Swoop pay

Post by jt8d » Sun Aug 25, 2019 12:54 pm

Thanks.. that's pretty damn good. Now Swoop T&Cs.. what a JOKE
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