How much profit sharing $$ for the typical CAL pilot?

[ualdriver]

I read that CAL is cutting profit sharing checks today for '06. What kind of cash does the theoretical Captain and F/O get?

 

[EWR_FO]

I read that CAL is cutting profit sharing checks today for '06. What kind of cash does the theoretical Captain and F/O get?

7.3 % of 2006 W-2, essentially one month's pay.

 

[ualdriver]

7.3 % of 2006 W-2, essentially one month's pay.

Very nice.

 

[Ex737Driver]

Yeah but taxed at 25% instead of your normal tax rate.

 

[ualdriver]

Yeah but taxed at 25% instead of your normal tax rate.

Better than the 25% of ZERO that we're getting..........

 

[Ex737Driver]

Touche'

 

[800Dog]

I read that CAL is cutting profit sharing checks today for '06. What kind of cash does the theoretical Captain and F/O get?

If you are Jetblue, you will get whatever management says you get and like it! Some Captains and FOs are management's bitch, some are not.

 

[SonicPig]

If you are Jetblue, you will get whatever management says you get and like it! Some Captains and FOs are management's bitch, some are not.

You're correct, some aren't.

The Pig.

 

[woog315]

Yeah but taxed at 25% instead of your normal tax rate.

wouldn't most CAL captains tax rate be at least 25% anyways?

 

[jetjockey#1]

Yeah but taxed at 25% instead of your normal tax rate.

25%? I wish. 4 captains I talked to, and myself, are being taxed 40% or better. 500$ gross, 306 after tax. Worthless. NO to profit sharing, and YES industy leading pay +1.

 

[cal73cap]

B737 Capt-$14000.00

 

[Plug]

737 FO hired in May '06=$699 after taxes