Pilot - 2nd highest paid profession behind Physician

[mesaba2425]

MSN High Paying Jobs Article

 

[PilotswifeII]

Yeah, only if you have been a captain for a major airline for at least 5 years. My husband is a lear jet captain and only makes half that! They need to specify on those reports. When I tell people my husband is a pilot they assume we are rich. We are still on our uphill climb to financial security via the "airline pilot route."

 

[mcjohn]

I have recently heard about med. doctors not making much money anymore as well. I wonder what would be the most pertinent cause of many professionals not making the amount of money their predecessors made.

 

[pilotkppsg]

lawsuits

 

[mcjohn]

Yeah, but are their really THAT many more lawsuits today than there used to be?

 

[mayday1]

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[mayday1]

I have recently heard about med. doctors not making much money anymore as well. I wonder what would be the most pertinent cause of many professionals not making the amount of money their predecessors made.

check out the insurance premiums doctors have to pay.. this alone has many leaving the profession.. hence the current debate around limiting liabality in malpractice lawsuits.

 

[SiuDude]

Yeah, but are their really THAT many more lawsuits today than there used to be?

Oh yes

 

[Flash]

I have recently heard about med. doctors not making much money anymore as well. I wonder what would be the most pertinent cause of many professionals not making the amount of money their predecessors made.

It started with some low cost HMO's entering the market. The legacy HMO's couldn't keep up so they had to cut the doctor's wages. Then the price of rubbing alcohol went up so the doctors were again told to take a wage cut or the HMO would be out of business. Then the Dr's pension fund was scuttled and sent to the PBGC.

 

[mcjohn]

It started with some low cost HMO's entering the market. The legacy HMO's couldn't keep up so they had to cut the doctor's wages. Then the price of rubbing alcohol went up so the doctors were again told to take a wage cut or the HMO would be out of business. Then the Dr's pension fund was scuttled and sent to the PBGC.

I D I D N O T K N O W T H A T.

Can someone break it down like this for airline pilots losing pay? I find this stuff quite interesting.

My guess would be - It all started with petroleum becoming harder to find and afford, then the pilot unions got tougher on the companies, then terrorism lowered demand for people to fly and caused insurance to sky-rocket, and then the unions efforts, pilot's pensions, and pay were all scuttled and now getting into aviation sucks.

That's just my guess. Could an expert please elaborate?

 

[sqwkvfr]

I'd like to know where in the hell these people get their stats.

"Bailiffs, correctional officers and jailers" made the list but police officers didn't?

This list is a sham.

 

[jarhead]

I'd like to know where in the hell these people get their stats.

"Bailiffs, correctional officers and jailers" made the list but police officers didn't?

This list is a sham.

The Bailiffs, correctional officers and jailers were listed under the catagory of occupations that did not require a high school diploma. I would think police officers would be required to have graduated high school, plus specialized training after that. At least, that's the case in my community.

 

[SiuDude]

The Bailiffs, correctional officers and jailers were listed under the catagory of occupations that did not require a high school diploma. I would think police officers would be required to have graduated high school, plus specialized training after that. At least, that's the case in my community.

They're not talking about law enforcement officers, but about people working in jails and courthouses.

 

[jarhead]

They're not talking about law enforcement officers, but about people working in jails and courthouses.

Yes.....that's what I was pointing out.

 

[sqwkvfr]

The Bailiffs, correctional officers and jailers were listed under the catagory of occupations that did not require a high school diploma. I would think police officers would be required to have graduated high school, plus specialized training after that. At least, that's the case in my community.

I guess I didn't realize that the lists were segregated.

Why does a mechanical engineer listed under 2 year degree and electrical engineer under four?

I still think that there are a lot of problems with this list...the first being pilots rated #2.

 

[jarhead]

I guess I didn't realize that the lists were segregated.

Why does a mechanical engineer listed under 2 year degree and electrical engineer under four?

I still think that there are a lot of problems with this list...the first being pilots rated #2.

Good question. I know of no mechanical engineer that needs only a two year degree. I've worked with many of them over the years, and all had a minumum of a Bachelors degree, and many with a Masters degree in M.E.

 

[bobbysamd]

Pilot pay

Taken from the MSN article:


Physicians and surgeons $147,000
Aircraft pilots 133,500

I can believe it for doctors, though interns and residents don't earn much, but cannot believe it in any way for pilots. Only majors captains with zillions of years of seniority earn that kind of money. Some highly-senior regional pilots might earn $90K-$100K, but the rest of the folks? Let's start with, perhaps, $70K and race to the bottom.

Very misleading information. Yet, Kit Darby and his lackeys will have a field day with it as they proclaim the next pilot shortage.

 

[RightBettor]

There's a pilot shortage??? Oh man!! Wait 'til I get my Kit Darby career pilot kit so I can brush up on my interview skills and get ready for that United interview... oh, wait... did that already... Oh right, I remember now... I got furloughed from those guys. DOH!!

 

[mcjohn]

I can believe it for doctors, though interns and residents don't earn much, but cannot believe it in any way for pilots.

Are interns in the medical industry ever given an opportunity to pay for experience?
Seems like the insurance industry would love that.

That's right. I went there.
Still find the issue interesting.

 

[mayday1]

Are interns in the medical industry ever given an opportunity to pay for experience?
Seems like the insurance industry would love that.

That's right. I went there.
Still find the issue interesting.

they've paid enough... typically >$100k for med school (the Harvards can be $80-$100k per year), on top of whatever undergrad loans they may also have.

 

[urflyingme?!]

Im going to the cheapest 2 year program I know of and im almost there

 

[GravityHater]

they've paid enough... typically >$100k for med school (the Harvards can be $80-$100k per year), on top of whatever undergrad loans they may also have.

Wait a minute... that sounds a lot like they pay for their training. Hey... doesn't PFT stand for that? Where have we heard that term?

(ducking and heading for the hills)

 

[csmorris]

Are interns in the medical industry ever given an opportunity to pay for experience?

Unless things have changed since I researched the field as a possible career, the last year or so of medical school is mostly comprised of grunt work in various clinical settings. Then they get to spend 3-7 years as an intern or resident, making SFA while their loans accumulate interest

 

[bobbysamd]

Medical interns v. P-F-T Pilots

Are interns in the medical industry ever given an opportunity to pay for experience?

You don't give up, do you?

Medical interns and residents are paid for their work. They're not paid much, but they are paid.

Wait a minute... that sounds a lot like they pay for their training. Hey... doesn't PFT stand for that? Where have we heard that term?

No. It is not P-F-T, any more than you or I or any other pilot who pays someone to teach us how to fly.

Once more, pay-for-training is an employment issue, only. If an employer hires you on the condition that you must pay for the training he/she provides you, it is pay-for-training, which boils down to you buying your job from your employer.

Are we clear on this issue, now??

 

[FlyChicaga]

I'm curious whether they are including "management pilots" in their statistics. That would obviously skew the results.

 

[SiouxperMan]

Unless things have changed since I researched the field as a possible career, the last year or so of medical school is mostly comprised of grunt work in various clinical settings. Then they get to spend 3-7 years as an intern or resident, making SFA while their loans accumulate interest

My wife is currently a med student at the University of North Dakota. At UND, med students spend their first two years in a classroom environment in Grand Forks. Their third and fourth year are spent doing rotations in hospitals in Grand Forks, Fargo, Bismarck or Minot and they pay full tuition for the first four years. Years 4-7, sometimes more depending on specialty, are spent in a paid residency (approximately $40K/year).

 

[Purpledog]

Physicians and surgeons $147,000
Aircraft pilots 133,500

I can believe it for doctors, though interns and residents don't earn much, but cannot believe it in any way for pilots. Only majors captains with zillions of years of seniority earn that kind of money.

Or second year widebody FO's at Fedex which is a reality now.