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Annual Bonus Pay

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

Cheers-
 
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.
 
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
 
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 ?:cool:
 
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 ?:cool:


Buddy.....How I miss those days!!!! :D 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! :rolleyes:

Yes, that gig was a 13th paycheck and we received a nice profit sharing check to the 401K.
 
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.
 
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.
 
Wait! What? You mean getting to eat the left over catering ISN'T considered a bonus? ;)

Roughly a month's take home pay BEFORE the Feral Government took 40%. I feel your pain, NJ...

TC
 
Zilch here, same as last year. Before that we would receive something, but nothing spectacular.
Seems the norm according to the pay surveys.
 
Well, for the first time ever, I (and my copilot) each recieved 4.3% of our early income (before taxes) as a year end bonus. Like I said, first time ever though (although, this is our first year with these owners).
 
I got about a 3% Bonus as well as 32GB 3G iPad (for personal & airplane use)
 
Co-pilots get a smaller bonus because they are not managers, I am really not sure how it is calculated. Captains get up to 10% of base salary. Senior Captains get up to 30% of base salary. Everyone participates in the restricted stock programs, those awards are based on your annual performance evaluation.
 
Do most of you get get your bonuses around this time of year?

At my last company we would received our bonuses around the last week in Feb. This is after 4Q and Annual reports were out and employee evals were tallied.

My curernt company, we receive our bonuses in Aug because our fiscal year ends Jun 30.
 
Do most of you get get your bonuses around this time of year?

At my last company we would received our bonuses around the last week in Feb. This is after 4Q and Annual reports were out and employee evals were tallied.

My curernt company, we receive our bonuses in Aug because our fiscal year ends Jun 30.

working for a small private department, an envelope on the last trip before xmas.

At a Fortune X company - review at end of year, notification and bonus end of Jan/mid Feb.
 
Thanks for all the great input/intel. Our Company usually does at a minimum 5% maximum 10% depending on company earnings. Bonuses are handed out by the second week of December. They also complete a salary evaluation along with pay raise to start Jan 1.
 
Small 91 department, got 6% and feel lucky for that. Last year it was 2%
 

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