Annual Bonus Pay

[solpilot]

For those who receive an annual bonus, please list what your typical bonus is. Or, if you don't want to share the actual number, the percentage of your salary that's paid as a bonus. Thanks

 

[stupidpilot]

A fruit basket.

 

[FO4life]

Ours is " congratulations your still employed" now get back to work.

 

[ksu_aviator]

$1,500 at my last job.

 

[Jack Campbell]

.....

 

[real swift]

We get something like, "Wow, isn't it great that you still fly for a living."

That sure is a nice jet you fly around. Those things don't grow on trees you know.

"Don't be silly, COLA is a drink."

Ancillary duties around the hangar when not on the road? "You'll do it or we'll find someone who will!"

No one has ever said this, but the writing is on the wall...After all, we are in a recession. There are plenty of pilots available, we'll train them just like we trained you. If they don't work out, we'll get another one.

"Now, get back to work."

I think bonuses are kept in the same room as hard days off, vacations and something resembling a schedule...the construction costs for that room have never been presented in a budget proposal at our company. Which, incidentally, I think the owner would probably find reasonable. However, management would never present such a proposal because they have a fiduciary duty to keep costs down for the owners and protect their own interests(gravy train).

Over promise and under deliver from a management stand point, that's our motto. Owners and employees aren't always happy but fixed costs are generally kept lower than the next bidder and the beat goes on...

Rant over.

 

[Gulfstream 200]

Over the last few years it has ranged from $5000-$26,000.

At a smaller operation this has been in CASH (hell yeah)

If expected to be part of your salary be sure to iron that out from the start.

I love bonuses and personally think they should be in the 100K range every year.

 

[StarHustler]

We get something like, "Wow, isn't it great that you still fly for a living."

That sure is a nice jet you fly around. Those things don't grow on trees you know.

"Don't be silly, COLA is a drink."

Ancillary duties around the hangar when not on the road? "You'll do it or we'll find someone who will!"

No one has ever said this, but the writing is on the wall...After all, we are in a recession. There are plenty of pilots available, we'll train them just like we trained you. If they don't work out, we'll get another one.

"Now, get back to work."

I think bonuses are kept in the same room as hard days off, vacations and something resembling a schedule...the construction costs for that room have never been presented in a budget proposal at our company. Which, incidentally, I think the owner would probably find reasonable. However, management would never present such a proposal because they have a fiduciary duty to keep costs down for the owners and protect their own interests(gravy train).

Over promise and under deliver from a management stand point, that's our motto. Owners and employees aren't always happy but fixed costs are generally kept lower than the next bidder and the beat goes on...

Rant over.

Yeah, everything he said....

 

[TigerDriver]

depends on how the company performs. based on EPS...this year...25% of salary plus a generous ESOP contribution....

 

[YOMERO_FLY]

.006% of my yearly salary, but at least its something in this terrible economy.

 

[TMMT]

We got a new jet, pay adjusted for new equipment, so asking for a bonus might be a bit too much... oh we got fruit baskets too!

Actually, come to think of it, maybe the fruit baskets were not for us, but we ate'em anyways...

 

[K.V.]

Why do you ask? Are you trying to get a feel for what to ask for?

 

[bama*pilot]

3%.... better than 0 last year!

 

[ILOVEBEER]

Last years bonus was 21%, and the profit sharing (401K deposit) was 15%.

 

[Freight Dog]

An equivalent of one month's pay.

 

[Cat3C]

Dependent upon company's performance - historically equates to no more than 15%. Last year was a much different story for company performance like many other publicly traded companies. Hopefully the trend as of late continues.

 

[BEfly]

$0.00

 

[bertengineer]

a years subscription to the Jelly Of the Month Club! "Clark, that is the gift that keep's on givin!"

 

[FlyingPieceOfSt]

Past three years...

5%, 0%, 0% Not performance related.

 

[shooter]

Ours is " congratulations your still employed" now get back to work.

We must work together.

It came out something like "Your incentive is that you have a job".

nice...

EDIT: One co-worker said "I see where we stand" during the "pep talk" and turned in his notice about a week later. He just had to make a few calls it seems.

 

[hawkerflyer]

Last year: 10% of annual salary. This year's bonus based on fuel performance as a percentage kicked back to the flight department and divided amongst the pilots. Not a big fan of that but I guess it's just a sign of the times. Also get the "nice to have a job, eh?" line every now and then. Not a big fan of that either but sustained employment is more important to me at this point. Overall the boss has been pretty fair and I'm just feeling very fortunate to have a job with the amount of talent out there looking for work. The game has changed and you just have to bite your lip sometimes and look at the bigger picture.

 

[con-pilot]

On my last job it was a percentage based on base salary and seniority with the company, the amount of the bonus was keyed on the net profit of the company. The bonus was given twice a year one at in June the second in October just in time for Christmas.

The highest yearly bonus for me was $100,000.00, lowest was $2,000.00 one year when the company had a negative profit, but the boss still gave out the small amount so we could have something.

 

[ditchpilot]

2 weeks pay along with a thank you card and cash.

 

[rumrnr78]

I get a 13th paycheck paid in December. The 13th paycheck is straight pay with no housing allowance. Makes for a nice Christmas.

Cheers-

 

[njcapt]

I've never received any bonus other than a couple of Pizza Hut coupons from ATA during bankruptcy. Allegedly, we're supposed to get about 10% of annual compensation as bonus on the account I'm flying for now, though I'm not holding my breath. I'd rather get 8% in cash than have it stepped on to the tune of 40% by the time the feds and the company get done with it.

 

[pilothouston123]

when my boss and oil man starts makeing real money again then I might get a bonus. Until then I am just gald to be here making 120K flying a g2 and a king air

 

[Ty Webb]

At my last corporate gig, we got a month's pay as a Christmas Bonus. I did not know anything about it, so it was a very welcome surprise. They also let us take family on weekend trips, and would airline us home over major holidays.

Remember those days, Spaceball1 ?

 

[SpaceBall 1]

At my last corporate gig, we got a month's pay as a Christmas Bonus. I did not know anything about it, so it was a very welcome surprise. They also let us take family on weekend trips, and would airline us home over major holidays.

Remember those days, Spaceball1 ?

Buddy.....How I miss those days!!!! That was a lot of fun!! Maybe you can get me on at SWA when all is done and we'll go fly together more!!

:beer:

I remember a certain trip where I airlined home and you (as a day hire pilot) hung out in Lake Tahoe to study and ski. What was I thinking! I should have stayed to ski!

Yes, that gig was a 13th paycheck and we received a nice profit sharing check to the 401K.

 

[cheyflyer]

1st year I got nothing.

2nd year I think it was a bag of baked cheese crackers or something and maybe something with pecans.

3rd year... dont remember, maybe it was the pecans.

4th year was around $2500 gross as was the 5th year.

This year is still to be determined.. the years where money was invovled I didnt get a call until the 23rd or 24th telling me there was a check.

Im sure in corp aviation the numbers will be all over the place as you have seen so far.

 

[JJET44]

a years subscription to the Jelly Of the Month Club! "Clark, that is the gift that keep's on givin!"

LOL,you beat me to it> Damn thats a funny movie!

We get 10-15%/annual salary plus a Honey-Baked Ham or Surf & Turf for two around Christmas. I pick the ham because it would be cruel to the kids if we made them Mac-n-Cheese while my wife and I scarfed on the surf & turf.