Research, per request
Actually, it is worse than I thought...

Here are the facts, RJFlyer--courtesy of my husband, who I am quoting below.
Currently there are over 700 FOs at NetJets.
Assumption: 10 Captain Upgrades per month. This is a very generous
assumption. We have not even been close to that in the nearly 2 years that I have been here.
Assumption: No Captains bid a Captain position in another aircraft.
Only FOs bid and receive Captain awards. This has not even been close to
reality since I have been here. Very few CA bids have gone to FOs.
700 pilots divided by 10 pilots per month upgraded equals 70 months (6
years) to upgrade from today.
Opinion: The only way rapid upgrades to Captain will happen is through
an extraordinary occurrence such as explosive NetJet sales and growth not
tied to a merger or buyout, or by an organized bypass pay effort similar to
the one that just occurred, or by a large loss of pilots from the pilot group due to
retirement or career/company changes.
Recommendation: If wanting to work at NetJets, expect greater than 5
year upgrade to Captain as the minimum. Reality is that it will probably
take 7-10 years. Look at the corresponding compensation. If upgrades occur
sooner it will be the exception, and not the rule. Don't count on bypass pay
for a pay raise.
Netjetwife here again...I'm standing by my earlier post to look before you leap. After doing my research, I'd only add, take a VERY VERY hard look before you leap. By way of additional information, the company offered the following FO payscale in the defeated (by 82%) TA: Year 1=$33,500 yr5=$38,540 The payscale stopped at yr 5 with no COLA provided.