Take home pay

[Malfunction]

Can anyone comment on take home pay yr 1 and 2 ?

[co-joe]

Unfortunately you may need to wait a few weeks as the new CBA pay took effect on the 1st, but won't start being paid out till the 13th. After that really you need to give it another month because the 1st and 15th pay are different in that OT, and pre-diem are paid out on the 15th, and union dues, benefit deductions are on the 1st. When I started it was around 1900 ish on the 1st, and usually 2200 on the 15th take home if memory serves.

[Dirty24.7]

Any updates on this?

Monthly Take home F/O and CA pay?

[Arnie Pye]

You're going to get a wide range of take home pay. With or without a family medical dental plan. With or without your 3% company match. With or without RRSP taken off at source?

You should be able to get a good idea as the biweekly pay is 40 hours at the rate of $147 per hour. I believe 1st year captain pay works out to $5800 prior to deductions. Best guess would be just about half of that amount would be take home +/- family medical dental plan and retirement savings.

[flying4dollars]

You're going to get a wide range of take home pay. With or without a family medical dental plan. With or without your 3% company match. With or without RRSP taken off at source?

You should be able to get a good idea as the biweekly pay is 40 hours at the rate of $147 per hour. I believe 1st year captain pay works out to $5800 prior to deductions. Best guess would be just about half of that amount would be take home +/- family medical dental plan and retirement savings.

Wouldn't it be 42.5 hours? In either case take home should be at least $4k per pay without the per diems and OT. When I was there my take home was never less than $3000 per pay cheque without per diems and OT, even on the old scale (before even you).

If in doubt you can use this:

http://www.ees-financial.com/img/upload ... r-2022.htm

Found it to be pretty accurate.

[the_new_guy]

Can anyone comment on take home pay yr 1 and 2 ?

Depending on your home province, but quickly after taxes in Ontario you're looking at one smaller pay around 3300$ and the other pay depends on what you did, perdiems, overtime as applicable, etc. For example my mid month pay in January was 6200$. Those are after taxes, first year captain.

Hope this helps.

[Blueontop]

Can anyone comment on take home pay yr 1 and 2 ?

Depending on your home province, but quickly after taxes in Ontario you're looking at one smaller pay around 3300$ and the other pay depends on what you did, perdiems, overtime as applicable, etc. For example my mid month pay in January was 6200$. Those are after taxes, first year captain.

Hope this helps.

So paid bi-monthly? about 12400 take home per month not inclusive of OT/per diem, etc..

[rudder]

Can anyone comment on take home pay yr 1 and 2 ?

Depending on your home province, but quickly after taxes in Ontario you're looking at one smaller pay around 3300$ and the other pay depends on what you did, perdiems, overtime as applicable, etc. For example my mid month pay in January was 6200$. Those are after taxes, first year captain.

Hope this helps.

So paid bi-monthly? about 12400 take home per month not inclusive of OT/per diem, etc..

On another thread, Chief Pilot said “take home pay in Ontario approximately $8000 for year 1 CA and $4300 for year 1 FO not including overtime or per diems”.

[Blueontop]

Depending on your home province, but quickly after taxes in Ontario you're looking at one smaller pay around 3300$ and the other pay depends on what you did, perdiems, overtime as applicable, etc. For example my mid month pay in January was 6200$. Those are after taxes, first year captain.

Hope this helps.

So paid bi-monthly? about 12400 take home per month not inclusive of OT/per diem, etc..

On another thread, Chief Pilot said “take home pay in Ontario approximately $8000 for year 1 CA and $4300 for year 1 FO not including overtime or per diems”.

Isn’t Y1 CA $150K, which should be roughly 12k after tax, is there a lot of deductions or other things?

[rudder]

So paid bi-monthly? about 12400 take home per month not inclusive of OT/per diem, etc..

On another thread, Chief Pilot said “take home pay in Ontario approximately $8000 for year 1 CA and $4300 for year 1 FO not including overtime or per diems”.

Isn’t Y1 CA $150K, which should be roughly 12k after tax, is there a lot of deductions or other things?

You are looking at a 30% tax bill. Add CPP/EI and union dues/pension contribution means keeping 60-66% of gross seems accurate.

[flyingcanuck]

On another thread, Chief Pilot said “take home pay in Ontario approximately $8000 for year 1 CA and $4300 for year 1 FO not including overtime or per diems”.

Isn’t Y1 CA $150K, which should be roughly 12k after tax, is there a lot of deductions or other things?

You are looking at a 30% tax bill. Add CPP/EI and union dues/pension contribution means keeping 60-66% of gross seems accurate.

after regular deductions, rrsp, and ESOP I was bringing in 45-55% of gross.

[JHR]

Isn’t Y1 CA $150K, which should be roughly 12k after tax, is there a lot of deductions or other things?

You are looking at a 30% tax bill. Add CPP/EI and union dues/pension contribution means keeping 60-66% of gross seems accurate.

after regular deductions, rrsp, and ESOP I was bringing in 45-55% of gross.

Welcome to Peoples Republic of Canada, comrade!

[the_new_guy]

Can anyone comment on take home pay yr 1 and 2 ?

Depending on your home province, but quickly after taxes in Ontario you're looking at one smaller pay around 3300$ and the other pay depends on what you did, perdiems, overtime as applicable, etc. For example my mid month pay in January was 6200$. Those are after taxes, first year captain.

Hope this helps.

So paid bi-monthly? about 12400 take home per month not inclusive of OT/per diem, etc..

To be clear, that 6200$ included a little overtime pay, perdiems, etc.

You're looking at a bare minimum of 6600-6700$ monthly tax free. Then add perdiems, overtime, extras, etc.

Y1 Capt

[tbaylx]

This is directly from HR;

Year 1 FO:
Total Gross: $3191 biweekly ($6382/month)
After Regular Deductions (union dues, taxes, CPP, EI): $2332 biweekly ($4664/month)
*does not include benefits deductions*

Year 1 Captain
Total Gross: $6440 biweekly ($12 880/month)
After Regular Deductions (union dues, taxes, CPP, EI): $4539 ($9078/month)
*does not include benefits deductions*

[Canadaflyer46]

Hell of a lot better take home than at WJ. Year 1 FO here is $1280 and $1800 for take home each check (if contributing 20% to the WSP)
I bet a Calgary left seat wouldn’t take 16 years either. Food for thought!

[rudder]

This is directly from HR;

Year 1 FO:
Total Gross: $3191 biweekly ($6382/month)
After Regular Deductions (union dues, taxes, CPP, EI): $2332 biweekly ($4664/month)
*does not include benefits deductions*

Year 1 Captain
Total Gross: $6440 biweekly ($12 880/month)
After Regular Deductions (union dues, taxes, CPP, EI): $4539 ($9078/month)
*does not include benefits deductions*

Year 1 CA $147.06 x 85 = $12,500 gross per month

Year 1 FO $72.03 x 85 = $6,126 gross per month

Looks like pay is semi-monthly, not biweekly.