GIVSP Payscale N.E.

[Pat1900]

I read the post on the GIV scale for Southern Cal, but I'm looking for paysacales in the New York area White Plains. One GIV with 3 pilots me being the third captain qualified. Doing everything as a captain just not signing the paperwork as PIC yet!! We fly the owner around a bit and like a lot of other companies when the boss dosen't use it we do charter. Just like to hear it from other pilots in the biz and not those pilot surveys? Thanks for your guys input!!!!

 

[AA717driver]

I'd imagine in the $110-120k range plus bennies and bonus. G4G5 and G200 could narrow it down.TC

 

[G4G5]

I know two guys that got hired in the HPN/TEB area last week.

The first is a buddy of mine who got hired by a major G4G5 operator out of HPN, $130k + bonus. Another $5-10k would have been nice but he was looking for the security.

The other buddy of mine took a G4 job with a hedge fund guy in TEB, doing exactly what you are describing. He is in the $125-130 range, plus a nice bonus. Another perk was, 1% of the charter revenue, per pilot. This helps motivate the pilots to accept additional charter . All medical/dental paid for by the principle.

Both of the above jobs have descent retirements and 4 weeks vacation to start. Not so sure about the Q of L at either place. That is something that you need to add into your equation. I would defiantly be willing to take a few less dollars for a high Q of L. Both guys were hired as seasoned captains and both had well North of 10,000 hours with lots of time in type.

The TAG's and Jet Aviation's are in the same range, depending upon the type of account. Some are sweetheart deals that pay well, with high Q of L and others are dogs that don't pay so well.

My guess for what you are describing is $115-120K, once you start signing for the aircraft I would expect to see a 10% bump.

 

[Pat1900]

Thanks for the info! I'm do for a pay raise at the end of this year and I just wanted to see what people in my area are making, because right know I'm well under that number!!! but can't complain the Q of L is good and the C.P. treats me real good, plus our owner does give a great benifit package and bonus at the end of each year, so i guess when you add it all up it's pretty good!!! any thanks for your guys input!

 

[AIRMOTIVE]

Do you mind posting the GIVsp scale for southern California? It would be appreciated.

 

[miles otoole]

I know two guys that got hired in the HPN/TEB area last week.

The first is a buddy of mine who got hired by a major G4G5 operator out of HPN, $130k + bonus. Another $5-10k would have been nice but he was looking for the security.

The other buddy of mine took a G4 job with a hedge fund guy in TEB, doing exactly what you are describing. He is in the $125-130 range, plus a nice bonus. Another perk was, 1% of the charter revenue, per pilot. This helps motivate the pilots to accept additional charter . All medical/dental paid for by the principle.

Both of the above jobs have descent retirements and 4 weeks vacation to start. Not so sure about the Q of L at either place. That is something that you need to add into your equation. I would defiantly be willing to take a few less dollars for a high Q of L. Both guys were hired as seasoned captains and both had well North of 10,000 hours with lots of time in type.

The TAG's and Jet Aviation's are in the same range, depending upon the type of account. Some are sweetheart deals that pay well, with high Q of L and others are dogs that don't pay so well.

My guess for what you are describing is $115-120K, once you start signing for the aircraft I would expect to see a 10% bump.

So, about the same as a 3rd year Southwest 737 FO with no long term job security? LOL. With the typical hedge fund G-IV owner making $30-50 million a year, how can you guys not command $200K + a year to fly him on his $30 million jet, at his beck and call? I'll bet his personal chauffer makes $100K. Heck, his junior, 28 year old day traders make $300k.

 

[AA717driver]

So, about the same as a 3rd year Southwest 737 FO with no long term job security? LOL. With the typical hedge fund G-IV owner making $30-50 million a year, how can you guys not command $200K + a year to fly him on his $30 million jet, at his beck and call? I'll bet his personal chauffer makes $100K. Heck, his junior, 28 year old day traders make $300k.

Because there's no Stanton Survey for chauffers (and I guarantee they are making in the $50k range, not $100k) that includes all the low-ballers out there in South Florida and Pig's Knuckle, PA.

Plus, there's always some ex-airline pilot out there who went out and bought a type who is willing to do the job for $80k... TC

 

[G4G5]

So, about the same as a 3rd year Southwest 737 FO with no long term job security? LOL. With the typical hedge fund G-IV owner making $30-50 million a year, how can you guys not command $200K + a year to fly him on his $30 million jet, at his beck and call? I'll bet his personal chauffer makes $100K. Heck, his junior, 28 year old day traders make $300k.

What's first year at LUV?

Did you miss the part where that is STARTING PAY!

The other two guys he is flying with have been with the account for over 15 years. Care to guess what they are making? A lot more then 12 year LUV pay.

 

[T-DOGGIN]

Ouch. Now that was funny

 

[h25b]

So, about the same as a 3rd year Southwest 737 FO with no long term job security? LOL.

Since you brought it up, not me....

First of all, if you think Southwest is immune to problems you've got big disappointments ahead of you. They will have their tough time too. Second, and like the other guy pointed out, would you care to share with us all the fantastic union negotiated first year pay at SWA ???

And third, I particularly enjoy your insight on the matter considering the fact that if you work at Southwest you more than likely went out and bought your 737 type rating. :erm:

 

[Pat1900]

Well I'm going to add a little more to it!

I was on pilot central and saw that SW min. garantee is 78 hours and 3rd year FO pay was at $94.00 = 87,984 a year, with per diem I figured around lets just say 10,000 a year for a total of $ 97,984. To make more you would have to fly over the min of 78 hrs which to me is a lot of flying! Even on a busy schedule which we sometimes have, I don't even come close to 60 hours a month. Another aspect that I keep in mind is I only work about half of the year and the rest at home with my kids! and when I'm away on a trip I'd say about 50% of the time it's 1 leg down sit for a couple of days on the beach drinking margaritas and 1 leg back home! So it might be less on pay but easy on the body!!

 

[Shamus]

with per diem I figured around lets just say 10,000 a year

I don't believe that they make a per diem, but this isn't my league.

 

[psysicx]

I think the main question is how do we get into the hedge fund biz?

 

[G100driver]

I think the main question is how do we get into the hedge fund biz?

Yes, but the QOL can really suck.

You have a tendency not to sleep well when you risk loosing your entire fortune on any given day.