Where do you live that a Hawker SIC makes 40-45K? Nebraska? I made more than that as a light jet SIC. It depends upon where you live. If you live on either coast, 50-70K for a Hawker SIC is about par, even in today's market. C141FE: Congrats on the new job.
**CENSORED****CENSORED****CENSORED****CENSORED**, Im in the wrong bird!
Sure these jobs exist, but they are usually single plane PT91 for one owner....great while it lasts, but it rarely does....
all it takes is a divorce, a retirement, a fractional purchase, etc...
then back to the "real" world where hawker pilots make around 80K (Is that right?)
I have met these "200K" to fly for some "gazillionaire owner" work 4 days amonth type of pilot and personally I think they are FULL OF $HIT most of the time.........
but then I am just a schmuck pilot making average pay
I think a good rule is take a pilots salary, subtract about 30%, then you know what he really makes......
I think you're talking about a Hawker 125-700 FO slot for $65K annually. You also stated that you would be typed in an XP. On the surface, it looks good but...
From your profile... at 6,900 hours and probably well over 7 years of flying experience, you could definitely use a jet type rating but I'd also consider; job security-longevity, benefits, scheduled days off, flying hours per year, RON's per year, bonuses, expense account practices, company SOP's and related flight/rest/duty time company practices, pilot attrition, peripheral duties other than flying, standby days, on call 7/24?, etc...
I don't know your situation but if you have a choice, it might be worth the time to check this out.
I flew in the aircraft a couple days ago and it is the 800XP. Used to belong to Enron out of Houston. The pay is 65,000 dollars left seat and also being typed in the aircraft so that the senior pilot can take vacation and the flights will keep going.
Job status is that they have been flying for 21 years and it is a top 500 company (Banking)
Avg 300 hours a year flying with 3-4 days of flying a week.
Now that you have a corporate job, I would recommend "bettering" yourself so that if something like G200 mentioned (divorce, retirement, fractional) comes around you are in a better position.
ERAU has an online MBA/A (the A being aviation), takes about 2 years to get, but a great thing to put on a corporate resume. Also go to the NBAA seminars, small flight department management program, tax meetings, and ops manual program. They also have PDP's, Professional Development Programs.
G200 is right, the "average" corporate pilot is making somewhere around $80K, now how do you make more money? A lot of flight department's direct reporting is the CFO, having types and ATP's is great, but to really make yourself stand out to the CFO, and not just be a "flyboy", pull out that MBA, and other management certification. The CFO will look at you in a whole different light, certainly worthy of the 6 figure salary that is the company norm for department managers!
That's the difference between Joe Pilot (dime a dozen) and Pilot/Manager (worthy of a 6 figure salary).
A Masters is very good idea in corporate aviation. Remember, in many cases you will be working directly with people who have MINIMUM backgrounds of MBA's. So even the very simple ERAU online masters (OK, time consuming) is an incredible asset that sets you apart from a "line pilot"
On the flip side, the "line pilot" comes and goes with trips.....once you get some title "asst chief pilot", "safety council" etc.....you may find you not only fly trips, but spend MANY long days in the office!! ---- So, its whatever you desire to be I suppose. I myself am starting the Masters thing, but see it taking forever as the motivation dies quick....After a trip I just want to come home, drink a beer (or 6) and forget about flying for a little while, nevermind park on the computer and read....
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