SWA Pay.............

[Airdale]

Greetings my fellow brothers and sisters.

I was researching SWA pay scales on airlinepilotcentral.com and my question is this; Do these numbers really reflect 1st($53) 2nd ($88) year pay? What's the actual take home pay for you guys?
And is 401K the only retirement package SWA offers?
Thanks

 

[ivauir]

1 $153.02 $45.90
2 $154.88 $77.45
3 $156.77 $86.22
4 $158.63 $95.18
5 $160.39 $104.26
6 $162.39 $107.19
7 $164.26 $108.41
8 $166.13 $109.64
9 $168.01 $110.89
10 $169.87 $112.12
11 $171.76 $113.37
12 $173.63 $114.59

This is Pay for "trip" which is about 55 minutes.
The average line pays about 97 TFP (trips for pay). Reserve guarantee is 90 TFP (but you'll probably be over 100) and 110 is a very reasonable number with good QOL.

401 K with 7.3% company match is our retirement. We also have profit sharing, which can be substantial, but I think it is best to ignore it in retirement planning - this is the money for the boat

 

[IH8MESA]

1 $153.02 $45.90
2 $154.88 $77.45
3 $156.77 $86.22
4 $158.63 $95.18
5 $160.39 $104.26
6 $162.39 $107.19
7 $164.26 $108.41
8 $166.13 $109.64
9 $168.01 $110.89
10 $169.87 $112.12
11 $171.76 $113.37
12 $173.63 $114.59

This is Pay for "trip" which is about 55 minutes.
The average line pays about 97 TFP (trips for pay). Reserve guarantee is 90 TFP (but you'll probably be over 100) and 110 is a very reasonable number with good QOL.

401 K with 7.3% company match is our retirement. We also have profit sharing, which can be substantial, but I think it is best to ignore it in retirement planning - this is the money for the boat

Si hoc non legere potes tu asinus es

 

[Alcatraz]

Greetings my fellow brothers and sisters.

I was researching SWA pay scales on airlinepilotcentral.com and my question is this; Do these numbers really reflect 1st($53) 2nd ($88) year pay? What's the actual take home pay for you guys?
And is 401K the only retirement package SWA offers?
Thanks

The numbers on www.airlinepilotcentral.com are converted to an hourly amount for an apples-to-apples comparison with other airlines' pay. SWA pilots are generally not paid by the block hour, so those numbers are sorta an approximation. But, to answer your first question, yes, they are pretty close to a representation of our pay if we were paid by the block hour.

Actual take home pay depends on how much you work, like most other airline pilot jobs.

Like ivuair said, the 401k is basically our only retirement. Profitsharing and stock options have been a huge part of past SWA pilots' retirements, but these may or may not be part of future SWA pilots' retirements (esp options, since many of us are under water... and profitsharing depends entirely on company profitability). "Money for the boat" was a very accurate description.

 

[FatesPawn]

Greetings my fellow brothers and sisters.

I was researching SWA pay scales on airlinepilotcentral.com and my question is this; Do these numbers really reflect 1st($53) 2nd ($88) year pay? What's the actual take home pay for you guys?
And is 401K the only retirement package SWA offers?
Thanks

Regards to pay, my 1st 12 months of employment (probation) I grossed $74k by moderately paying attention to trip trading, giving away trips and picking up better paying trips. If you simply fly your line, you'll make the mid 50's. If you work your tail off, you can do 90. I tried to balance QOL with days at work and came out pretty good. My 2nd year was 95 and I RARELY picked up any extra.

Fate

 

[SWA GUY]

Greetings my fellow brothers and sisters.

I was researching SWA pay scales on airlinepilotcentral.com and my question is this; Do these numbers really reflect 1st($53) 2nd ($88) year pay? What's the actual take home pay for you guys?
And is 401K the only retirement package SWA offers?
Thanks

I think APC is waay below the scale for my pay. In fact when I did the math it worked out to $188.00/hr last year (5th yr FO).

It's not about working hard, but working smart.

 

[Vegas Flyer]

Regards to pay, my 1st 12 months of employment (probation) I grossed $74k by moderately paying attention to trip trading, giving away trips and picking up better paying trips. If you simply fly your line, you'll make the mid 50's. If you work your tail off, you can do 90. I tried to balance QOL with days at work and came out pretty good. My 2nd year was 95 and I RARELY picked up any extra.

Fate

Are you including your per diem in the 74K/95K numbers?... at SWA's per diem rate it adds a noticable amount.

 

[F9 Driver]

Si hoc legere scis nimium eruditionis habes

Si hoc non legere potes tu asinus es

Aint Google great!

 

[igneousy2]

Si hoc non legere potes tu asinus es


I'm glad I'm not one of those anymore.

 

[SWA/FO]

Hurry, the sky is falling..... pay wont last, bankruptcy around the corner - huge cash payout (just like DAL) coming soon. Happy happy Joy Joy!!!