The word on the pay schedule is 3% per year, with 5% in your 4th and I think 7th year. In other words, you will never make any more than you make the year you are hired after inflation...pathetic if you ask me. doing the math:
Captain FO
yr 1 $60,000 $40,000
yr 2 $61,800 $41,200
yr 3 $63,654 $42,436
yr 4 $66,837 $44,558
yr 5 $68,842 $45,895
yr 6 $70,907 $47,272
yr 7 $74,452 $49,636
yr 8 $76,686 $51,125
yr 9 $78,987 $52,659
yr 10 $81,357 $54,239
yr 11 $83,798 $54,239
yr 12 $86,312 $54,239
yr 13 $88,901 $54,239
yr 14 $91,568 $54,239
yr 15 $94,315 $54,239
Apparently most of management are ex FLOPs people, so this must sound pretty good to them. You will make more money long term at; Avantair, FlexJet, CitationShares, XOJet, and NetJets FO's make more than TMC Captains (must be embarrassing). All of these places are currently hiring.
When I asked about upgrades, it seems no one has yet. Apparently they are hiring a lot of street captains from crummy 135 jobs that make TMC look good.
Weds is the travel day. A crew doesn't get to go home until the next crew shows up, so you leave home real early on Weds and get home real late the next Weds.
Oh, I was informed that FO raises stop at year 10 so I adjusted the chart to reflect that.