altiplano wrote: ↑
Mon Dec 03, 2018 3:05 pm
Good discussion. But I'm having a hard time understanding how you get to $300K without OT at under $200/hr...
Pay goes to just over $200/hr next year for Captains. Add in natural block growth due to de-icing, delays, etc you're now probably close to $210,000. If you go over 90 hours per month, now that's paid at time an a half, which is easy to do in the winter. I budget $5000 per year for per-diems, so now you're at $215,000. So, that would be my guess at a BASE salary for a top-scale Captain, with no OT, working 15ish days/month in the winter, and 5-10 in the summer.
Now, add in a 6 month deployment to Europe and now you're close to $250,000 (The company pays for your flights to get you and your family there and back, an apartment and rental car while you're there). If you're a training Captain, add in that extra income and you could be close to $300,000 without doing a day of OT.
To get close to $400,000, you'd need to Deploy for 6 months, maybe do a summer domestic deployment, do the long pairings that get the most per-diems, be a training Captain and do a lot of OT. It's doable, but you're away from home a lot. Some guys don't even have a permanent home.. they just go 6 months in Europe and 6 months deployed in Canada, with all lodging and cars paid for by the company.