Starting Pay at Westjet
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- Panama Jack
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Starting Pay at Westjet
Quick question:
What is 1st year (starting) annual gross pay for a 737 FO at Westjet?
What is 1st year (starting) annual gross pay for a 737 FO at Westjet?
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- Panama Jack
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Re: Starting Pay at Westjet
?
“If it moves, tax it. If it keeps moving, regulate it. If it stops moving, subsidize it.”
-President Ronald Reagan
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Re: Starting Pay at Westjet
Those are pre TA numbers without any perks and OT : 56.24/hr X 77.5hr guaranteed/mth X 12 mths =52303.2$/year 1
Re: Starting Pay at Westjet
Pre TA & post TA numbers are the same....scopiton wrote:Those are pre TA numbers without any perks and OT : 56.24/hr X 77.5hr guaranteed/mth X 12 mths =52303.2$/year 1
- Panama Jack
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Re: Starting Pay at Westjet
Thanks, guys/gals, for all responses. Got what I was looking for.
“If it moves, tax it. If it keeps moving, regulate it. If it stops moving, subsidize it.”
-President Ronald Reagan
-President Ronald Reagan
Re: Starting Pay at Westjet
That's the bare basic. If you do espp, if we get profit share, and select rsu, you looking at a gross about 15-20k K more. If you pick up extra flying will also greatly help.
I found as a top scale fo, I made 35k over my basic compensation, and I'm not an OT junky.
I found as a top scale fo, I made 35k over my basic compensation, and I'm not an OT junky.
The feet you step on today might be attached to the ass you're kissing tomorrow.
Chase lifestyle not metal.
Chase lifestyle not metal.
Re: Starting Pay at Westjet
I earned $72k my first year at WJ, $84k second year and $103k my third year. That was without much OT.
Re: Starting Pay at Westjet
I did a few OT pairings and picked up some straight time, got about the same numbers. Year 1 about 70K with ESP and year two 80K. (Not including Per diem). Year 3 will be even better with the pay jump. Options or RSU's on top plus profit share is the icing on the cake. If you want at least some control of your pension and compensation this company is for you.
Re: Starting Pay at Westjet
Lol. Do you guys also include the change you find on the ground while on a layover?
Re: Starting Pay at Westjet
"Control of your pension" - is that what you guys are calling the esop?
I like giving up control on the pension front - I like it that I won't be able to stop the cheques from pouring in... LOL.
I like giving up control on the pension front - I like it that I won't be able to stop the cheques from pouring in... LOL.
Re: Starting Pay at Westjet
I gave up "control of my pension" when I joined Air Canada. My pension is almost $140,000/year, thanks to the pension gurus at Air Canada. I doubt I could have done better otherwise.privateer wrote:I did a few OT pairings and picked up some straight time, got about the same numbers. Year 1 about 70K with ESP and year two 80K. (Not including Per diem). Year 3 will be even better with the pay jump. Options or RSU's on top plus profit share is the icing on the cake. If you want at least some control of your pension and compensation this company is for you.
Re: Starting Pay at Westjet

Re: Starting Pay at Westjet
Sure you can. But you will not be guaranteed anything. You could lose it all. If you can do better than $140,000/year for the rest of your life (in my case hopefully another 30 years), well done.privateer wrote:You can always give it to someone more capable of managing a portfolio than Air Canada. No dipping there, ever..
Anyway it's a moo point, Air Canada no longer offers defined benefit pension plans. New hires contribute to defined contribution pension plans which gives them more control.
Definition of moo point: It's like a cow's opinion, it doesn't really matter
Re: Starting Pay at Westjet
Now that was funny.Mustard wrote:Lol. Do you guys also include the change you find on the ground while on a layover?
There is no doubt that the best money and pension in Canada is for the AC guys who made the cut off prior to the defined contribution guys.
The WestJet guys do very well if they work a bit harder and the nice thing is most wont have to work until 65. That is the benefit of managing money smartly on the front end. Most guys that started young enough have eyes on retiring in their 50s which isn't bad at all.
Question - do the AC types around here have any data on average longevity of AC pilots that retire at 65? Does anybody retire at AC prior to 65 for that matter?
Thanks in advance.
JJJ
Re: Starting Pay at Westjet
Before Dec/12 everybody at AC retired at 60 or younger. So no pilot has had a chance to reach 65 yet at AC.
No doubt the long haul life at 65 is tougher than it is at 55. You can only lose so many sleeps, and miss so many shits before it catches up with you.
No doubt the long haul life at 65 is tougher than it is at 55. You can only lose so many sleeps, and miss so many shits before it catches up with you.
Unlike in the US, Canadian companies aren't allowed to "dip" into pension funds. At any DB pension the money is protected, I think the only part at risk in a worst case type thing would be the SRP or "top hat" that you collect on top of your base pension. And for that to be at risk the company would have to disappear all together...privateer wrote: No dipping there, ever..
Re: Starting Pay at Westjet
Unlike in the US, Canadian companies aren't allowed to "dip" into pension funds. At any DB pension the money is protected, I think the only part at risk in a worst case type thing would be the SRP or "top hat" that you collect on top of your base pension. And for that to be at risk the company would have to disappear all together...privateer wrote: No dipping there, ever..
They can if there is a modest surplus.
Re: Starting Pay at Westjet
You have to admit, its nice to have the ability to say pay off your mortgage in under a decade, or invest it (your money) how you see fit. Its the flexibility of this plan that is both its strength and weakness. A DB pension is awesome but sadly is also a thing of the past for most.altiplano wrote:"Control of your pension" - is that what you guys are calling the esop?
I like giving up control on the pension front - I like it that I won't be able to stop the cheques from pouring in... LOL.
The feet you step on today might be attached to the ass you're kissing tomorrow.
Chase lifestyle not metal.
Chase lifestyle not metal.
Re: Starting Pay at Westjet
Nobody has made it to age 65 retirement yet as the extension was implemented December 2012 so the first 65 year old retirees won't be until December 2017. We had 5 retire last month. All of 2014 had 4 or 5 retire. This was supposed to be the peak of retirements (130-150/year for 3 or 4 years). Hence the super-awesome-stagnation we are in.jjj wrote:Now that was funny.Mustard wrote:Lol. Do you guys also include the change you find on the ground while on a layover?
There is no doubt that the best money and pension in Canada is for the AC guys who made the cut off prior to the defined contribution guys.
The WestJet guys do very well if they work a bit harder and the nice thing is most wont have to work until 65. That is the benefit of managing money smartly on the front end. Most guys that started young enough have eyes on retiring in their 50s which isn't bad at all.
Question - do the AC types around here have any data on average longevity of AC pilots that retire at 65? Does anybody retire at AC prior to 65 for that matter?
Thanks in advance.
JJJ
Beer me.
