PayScale/Deductions

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Captain_Coward
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PayScale/Deductions

Post by Captain_Coward »

Hey all,

Long time lurker on the forums, been reading abit about comparisons between AC and AT take home wages.
Ive seen some statements about how your take home pay at AT is quite less than at AC and additionally that your wages (at least at the start) are comparable to flat pay at AC. Can anyone provide info regarding this?
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Core
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Re: PayScale/Deductions

Post by Core »

The initial years are much higher than AC. 66k 79k 95k 101k. But the deductions are far higher, so it's moot.

I've seen others' stubs at both.
The deductions are such that your gross at trz needs to be roughly 20% higher than at AC to take home the same- and take home is the only thing that matters.

Ie, 100k at AC is taking home the same as 120k at trz.

If both making 100k you're looking at a take-home difference of an additional brand new car payment every month at AC.

This is fact, but it would be great if someone from each airline could post normal month stubs incl their gross.
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charco21
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Re: PayScale/Deductions

Post by charco21 »

For info at TS 1st year it's 1.645$ per pay (no per diem/no bonus)
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hithere
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Re: PayScale/Deductions

Post by hithere »

Make sure you are comparing YUL based TRZ and YUL based AC pilots(or YYZ TRZ with YYZ AC) with each other. Provincial tax rates in Quebec are much higher than Ontario so this will clearly affect take home pay. Another factor is that AC pay 100% of all benefit(health/dental/Disability) benefit while TRZ does not and with an aging demographic at TRZ the employee paid portion of benefit premiums is comparatively high.
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Core
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Re: PayScale/Deductions

Post by Core »

Nothing to do with taxes. This is just company deductions.
From what I've seen, health benefits and disability insurance deductions are over 10% of their net.
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Core
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Re: PayScale/Deductions

Post by Core »

Yes.
Despite what it looks like at gross, you'll actually make less at TRZ for the first 4 years than you will at AC with their infamous fixed pay, rendering Air Transat the lowest paid 100+ seat 705 in the country.

To reiterate: trz pilots makes less than AC's flay pay. Even less than what was thought to be the lowest pay in the country.

To simulate the 10% difference in take-home works out to be about 20-25% of gross.

Year one hourly wage AC is $60 vs trz 68. Take 20% off trz you have $55.
Year four AC is $94 vs trz $108. Take 20% off you have $87.

Not hard to see why everyone's leaving for AC, even with their current contract it's a raise.
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DanWEC
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Re: PayScale/Deductions

Post by DanWEC »

Well, mostly true. I do know for a fact while comparing 1st year paystubs, TS was ahead of AC. Deductions sure narrowed the gap but takehome was still slightly more. The comparator at TS had opted out of the CHP coverage but that accounted for only a small portion.

The LTD/STD deductions are a hotbutton topic right now. It's excellent, premium-class coverage, (I'm personally thankful for it.) but too much of the funding is encumbered by the employees. It's a small funding pool with high salaries to pay out, so we've ended up with the current premiums.
The employer contribution amount will likely change in the near future as virtually everyone is unhappy with the current deductions.
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Me262
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Re: PayScale/Deductions

Post by Me262 »

charco21 wrote: Mon Mar 11, 2024 1:21 pm For info at TS 1st year it's 1.645$ per pay (no per diem/no bonus)
That's so funny, jazz first year is 1900 per pay
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charco21
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Re: PayScale/Deductions

Post by charco21 »

Me262 wrote: Tue Mar 12, 2024 9:32 pm
charco21 wrote: Mon Mar 11, 2024 1:21 pm For info at TS 1st year it's 1.645$ per pay (no per diem/no bonus)
That's so funny, jazz first year is 1900 per pay
What about AC ?
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billybgone345
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Re: PayScale/Deductions

Post by billybgone345 »

charco21 wrote: Wed Mar 13, 2024 6:16 am
Me262 wrote: Tue Mar 12, 2024 9:32 pm
charco21 wrote: Mon Mar 11, 2024 1:21 pm For info at TS 1st year it's 1.645$ per pay (no per diem/no bonus)
That's so funny, jazz first year is 1900 per pay
What about AC ?
First year from Ontario is $2077 first paycheck (40 hours) and approx $1817 for the second monthly paycheck (75 hours min rate while on flat pay)
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Core
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Re: PayScale/Deductions

Post by Core »

There you have it.

AT pays less than 1st year flat pay at AC. Lower than what most thought was the lowest paid 705 position.

This is why people leave AT up to year 5, 6... they're still getting a raise and not pay cut. I heard recently half the new hires last year didn't even make it to year 2.

I'd like to see an actual take-home comparison between them at year 5 formula pay, or 1st year captain, even NB. I guarantee that AC absolutely blows them out of the water at any year or position.

Worrisome that AC is negotiating while making profits but AT will likely be fairly flat. Doesn't bode well for their new contract and the gap will probably widen. I'm a fan of Transat, and always met incredible folks from there, but their paycheques lag everyone else by a wide margin.
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Brakefans
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Re: PayScale/Deductions

Post by Brakefans »

AC pilots are paid twice every month for a total of 24 yearly. TRZ pilots are paid 26 times a year (every 2 weeks).
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DanWEC
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Re: PayScale/Deductions

Post by DanWEC »

Brakefans wrote: Thu Mar 28, 2024 1:10 pm AC pilots are paid twice every month for a total of 24 yearly. TRZ pilots are paid 26 times a year (every 2 weeks).
Very true, there are 2 months a year where you get an extra paycheque. So at base level that's an extra $3500ish, net, that changes the numbers mentioned above a bit.
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DrSpaceman
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Re: PayScale/Deductions

Post by DrSpaceman »

Last post has to be a bot right?
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Pratt X 3
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Re: PayScale/Deductions

Post by Pratt X 3 »

Definitely a bot. Lots of words with no real information.
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DanWEC
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Re: PayScale/Deductions

Post by DanWEC »

We've gotta start doing Voight-Kampff tests. Anyone here have a turtle?
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