Leroy Smith
The Masochist
- Joined
- Jan 22, 2006
- Posts
- 178
A lot of the people asking these questions seem to be trying to convince themselves that "its not as bad as they say". I am astounded at some of the claims people are making about "working the system". Cudos to them for it! But how long will the company allow a system that lets an FO make that kind of money in today's environment? Flying 72.5/mo and making $53K (one example) means the company is paying you $60.90/flight hour. Is that sustainable? Is it the rare individual that can work it like that? Is it all legit? If everyone at that company is able to, then its gonna be tough for the company to stay competative. Yes, I think I am worth $53k a year (1st year). But the reality is, I will probably show in the low 20's when it is said and done.
When I was interviewing, just under a year ago, my company and the whole industry looked a lot different than what I am seeing now. Maybe it just takes getting on the inside to gain some perspective and see what is really going on, but things seem to have taken a turn quickly. I would do a lot of research into a company's management style and record, and even then remember that the best of them can still be backed into a corner by what is going on out there. I wouldn't base my financial planning on anything other than guarantee pay for most of the first year, and consider anything above that as gravy. And remember that the outfit that has guys(gals) getting off reserve quick or uprgrading fast now may be the same one that stagnates by the time you get on the line.
-----------------
Between two evils, I always pick the one I never tried before.
When I was interviewing, just under a year ago, my company and the whole industry looked a lot different than what I am seeing now. Maybe it just takes getting on the inside to gain some perspective and see what is really going on, but things seem to have taken a turn quickly. I would do a lot of research into a company's management style and record, and even then remember that the best of them can still be backed into a corner by what is going on out there. I wouldn't base my financial planning on anything other than guarantee pay for most of the first year, and consider anything above that as gravy. And remember that the outfit that has guys(gals) getting off reserve quick or uprgrading fast now may be the same one that stagnates by the time you get on the line.
-----------------
Between two evils, I always pick the one I never tried before.