Pilot positions offer many benefits by their employers as well as a significant income. The income varies by the position, employer, and most of all experience. The number of hours of flight determines how well your salary will be. United Parcel Service (UPS) has each pilot sign a 5-year contract and each time they renew that contract the pilots receive a 14% immediate pay increase as well as a 3% annual wage increase (Jumpseat). In a statistic that was conducted in May 2006, the data show that median annual salaries of airline pilots, copilots, and flight engineers were $141,090. The Median annual salaries of commercial pilots were $57,480 in May 2006, according to the statistical data (Bureau). Pilots fly an average of only 75 hours per month and work an average of 150 hours per month performing other duties, like checking weather and preparing new flight plans. Pilots have an abstract work schedule that may include some days of work then by several days off. Flight
Jared Malcolm 3 assignments are at times based on seniority within the employer. Seniority allows pilots who have worked at a company for some long periods of time to get routes and schedules that they choose (Bureau) (Summary ). Seniority is a great benefit to let an experience pilot to choose his own preferences to make his career more enjoyable. This is as well encourages pilots to stay with the same airline to get these seniority benefits. An exclusive benefit that is only offered to pilots is the availability of jump seats. Jumps seats are seats that can be available on a flight for pilots to travel for no charge. (Pilot B32-B33) Pilots depending on their employer are offered free flights for their family as an additional bonus (Bureau). This is a benefit that no other career that can offer other in aviation. This gives pilots the ability to travel the world at no expense other than lodging and food. Some careers offer the chance for individuals to travel, but not given a choice. Pilots on the other hand are given their free choice to travel where they see fit. Pilots, depending on their employer, are offered 401(k) or a 401(k) that they can use during retirement. Delta airlines offers an automatic enrolled 401k in which take 2% of your income and a 100% company match for the first 6% you contribute (Travel). Fed Ex offers their pilots a pension and 401(k) as well as matching personal contributions to the 401(k) for their retirement (independent). Pensions and 401(k)s are the one of the top benefits that careers can offer. 401(k)s are non-taxed low risk investments that are great wealth builders for retirement (401(k)) (Paraphrase ) As there are many advantageous to be a pilot but it is not shy of disadvantages either.
- Fall '19
- Aviator, Aviation licenses and certifications, Pilot certification in the United States, Airline Transport Pilot License