What would you do?

adreamer · September 14th, 2004, 23:53

Good evening, everyone:

I would like to hear some of you guys opinions, even it is not aviation related. Today, I received a phone call about an offer for a job. If my memory serve me correctly, I would be get paid less than regional airline 1st FO paid by hourly rate. According my figure, I made about 15 dollars per hour the most.

The story started about 10 months ago, I went to a hospital for an job interview. The employer was impressed by me. They tried to offered me a position, but there was a catch. The catch was this particular job "projected" to open in an month so. Therefore, I kept in touch with "the future employer" for about 2 months. Finally, They said this to me - If I have another place to go, go ahead."

I finally got a part time job - make about 300 dollars per week. They called me today with a job offering. would you take it? By the way, they would not pay any penny for my continue education. As my profession, it requires 80 credit hours. It probably cost me about 2,000 to 3,000 dollars.

For you airline pilots, do you guys paid your own recurrent training out of your pocket?

adreamer

I_Money · September 14th, 2004, 23:57

Nope, company always pays for training/recurrent.

$15 an hour equals $30,000 per annum. Depending on what you are doing it is not too bad IMHO!

adreamer · September 15th, 2004, 00:13

Well, first of all, I am thinking about change my career to aviation. Second, I have to drive about 1.5 hour one way. I can't even imagine driving in the snow(I live in MI). Third, my employer said this to me - the most I can make is about 45,000 per year after 15 years service. Would you take this job?

adreamer

I_Money · September 15th, 2004, 00:16

Umm, I probably would not.

Doug Taylor · September 15th, 2004, 00:25

15 years to make $45,000?

If you're 25, that means you'll be 40 earning $45,000 in the year 2019.

$45,000 in 2019, after inflation, wouldn't really be squat.

TheWife · September 15th, 2004, 00:27

But if you only did it for a few years until something better came along then it wouldn't be a bad deal for now right?

FlyingFish · September 15th, 2004, 00:29

Regardless of the money you might (or might not make in this case), ask yourself, "am I going to be happy?" Many teachers don't make more than this after 20 years. It all boils down to job satisfaction...

I_Money · September 15th, 2004, 00:31

Driving 1.5 hours a day is way too much, for that drive you need some serious ching chang!

FlyingFish · September 15th, 2004, 00:36

Hell, your in SoCal, doesn't everyone drive 2+ hrs one way to work? [img]/ubbthreads/images/graemlins/wink.gif[/img] In reality, yes there are economics involved, but if it's something that you want bad enough, you'll make it work. To me the crux of the issue is that if it's a job just to collect a paycheck, I'd agree with you -- go for the most you can get since a job is a job at that point. However if it's something more meaningful that just a paycheck the question isn't so black and white anymore...

152CPT · September 15th, 2004, 03:40

[ QUOTE ]
15 years to make $45,000?

If you're 25, that means you'll be 40 earning $45,000 in the year 2019.

$45,000 in 2019, after inflation, wouldn't really be squat.

[/ QUOTE ]

Why dont you calculate it for us Doug [img]/ubbthreads/images/graemlins/laugh.gif[/img] [img]/ubbthreads/images/graemlins/laugh.gif[/img]

adreamer · September 15th, 2004, 07:33

This job is the job. The differences are the paid check, a ong working hour(about 8 ~ 12 hours per day), a longer driving distance(about 75 to 80 miles one way) and no way to get more money. By the way, I do not want to think about driving in the winter time(Lake effect snow...etc). Doug, I know you can relate to that.

Well, I am in the process of changing my career. I have to think about it. Maybe take me another 6 months...:P

flyover · September 15th, 2004, 09:07

The first question is: do you have an overall goal you are pursuing? If so, what is it? If you know where you are "going" then evaluate this job against that goal. Does it move you closer to the goal or further away from it. That should answer your question. If you don't know where you are going, you have bigger problems. [img]/ubbthreads/images/graemlins/tongue.gif[/img]

TheShortOne · September 15th, 2004, 09:38

another thing to consider are the benifits involved...

tonyw · September 15th, 2004, 10:01

[ QUOTE ]
my employer said this to me - the most I can make is about 45,000 per year after 15 years service.

[/ QUOTE ]

What kind of pay scale is that? Sheesh! In 2019, assuming that the inflation rate stays at five percent, know what that will be the equivalent of?

About $22K. So, ask yourself. Are you willing to live on the equivalent of $22K 15 years from now? After 15 years of blood, sweat, and tears, you'll be making the equivalent of a guy who's fresh out of college.

Doug Taylor · September 15th, 2004, 11:00

[ QUOTE ]

Why dont you calculate it for us Doug [img]/ubbthreads/images/graemlins/laugh.gif[/img] [img]/ubbthreads/images/graemlins/laugh.gif[/img]

[/ QUOTE ]

Ahhh ahahah! Riiiight!

I think it's a simple "Time Value of Money" formula, I think.

Google.

flyover · September 15th, 2004, 11:02

[ QUOTE ]
In 2019, assuming that the inflation rate stays at five percent, know what that will be the equivalent of?

[/ QUOTE ]

If anybody on this forum believes that an interviewer can actually tell them what their payrate (adjusted for inflation or not) for any job will be in 2019 I've got some prime real estate for sale. [img]/ubbthreads/images/graemlins/smile.gif[/img]

September 14th, 2004, 23:53	#1
adreamer Senior Member Join Date: Jul 2003 Location: AZO Posts: 1,294	What would you do? Good evening, everyone: I would like to hear some of you guys opinions, even it is not aviation related. Today, I received a phone call about an offer for a job. If my memory serve me correctly, I would be get paid less than regional airline 1st FO paid by hourly rate. According my figure, I made about 15 dollars per hour the most. The story started about 10 months ago, I went to a hospital for an job interview. The employer was impressed by me. They tried to offered me a position, but there was a catch. The catch was this particular job "projected" to open in an month so. Therefore, I kept in touch with "the future employer" for about 2 months. Finally, They said this to me - If I have another place to go, go ahead." I finally got a part time job - make about 300 dollars per week. They called me today with a job offering. would you take it? By the way, they would not pay any penny for my continue education. As my profession, it requires 80 credit hours. It probably cost me about 2,000 to 3,000 dollars. For you airline pilots, do you guys paid your own recurrent training out of your pocket? adreamer

September 14th, 2004, 23:57	#2
I_Money Moderator Join Date: Jul 2000 Location: Socal Posts: 5,644	Re: What would you do? Nope, company always pays for training/recurrent. $15 an hour equals $30,000 per annum. Depending on what you are doing it is not too bad IMHO!

September 15th, 2004, 00:13	#3
adreamer Senior Member Join Date: Jul 2003 Location: AZO Posts: 1,294	Re: What would you do? Well, first of all, I am thinking about change my career to aviation. Second, I have to drive about 1.5 hour one way. I can't even imagine driving in the snow(I live in MI). Third, my employer said this to me - the most I can make is about 45,000 per year after 15 years service. Would you take this job? adreamer

September 15th, 2004, 00:16	#4
I_Money Moderator Join Date: Jul 2000 Location: Socal Posts: 5,644	Re: What would you do? Umm, I probably would not.

September 15th, 2004, 00:25	#5
Doug Taylor Agent Smith Join Date: Dec 1969 Location: KSDL Posts: 39,517 Blog Entries: 1	Re: What would you do? 15 years to make $45,000? If you're 25, that means you'll be 40 earning $45,000 in the year 2019. $45,000 in 2019, after inflation, wouldn't really be squat.

September 15th, 2004, 00:27	#6
TheWife Old Skool Join Date: Aug 2003 Location: Utah Posts: 4,130	Re: What would you do? But if you only did it for a few years until something better came along then it wouldn't be a bad deal for now right?

September 15th, 2004, 00:29	#7
FlyingFish Junior Member Join Date: Aug 2004 Location: Colorado Posts: 40	Re: What would you do? Regardless of the money you might (or might not make in this case), ask yourself, "am I going to be happy?" Many teachers don't make more than this after 20 years. It all boils down to job satisfaction...

September 15th, 2004, 00:31	#8
I_Money Moderator Join Date: Jul 2000 Location: Socal Posts: 5,644	Re: What would you do? Driving 1.5 hours a day is way too much, for that drive you need some serious ching chang!

September 15th, 2004, 00:36	#9
FlyingFish Junior Member Join Date: Aug 2004 Location: Colorado Posts: 40	Re: What would you do? Hell, your in SoCal, doesn't everyone drive 2+ hrs one way to work? [img]/ubbthreads/images/graemlins/wink.gif[/img] In reality, yes there are economics involved, but if it's something that you want bad enough, you'll make it work. To me the crux of the issue is that if it's a job just to collect a paycheck, I'd agree with you -- go for the most you can get since a job is a job at that point. However if it's something more meaningful that just a paycheck the question isn't so black and white anymore...

September 15th, 2004, 03:40	#10
152CPT Junior Member Join Date: May 2003 Location: SC Posts: 46	Re: What would you do? [ QUOTE ] 15 years to make $45,000? If you're 25, that means you'll be 40 earning $45,000 in the year 2019. $45,000 in 2019, after inflation, wouldn't really be squat. [/ QUOTE ] Why dont you calculate it for us Doug [img]/ubbthreads/images/graemlins/laugh.gif[/img] [img]/ubbthreads/images/graemlins/laugh.gif[/img]

September 15th, 2004, 07:33	#11
adreamer Senior Member Join Date: Jul 2003 Location: AZO Posts: 1,294	Re: What would you do? This job is the job. The differences are the paid check, a ong working hour(about 8 ~ 12 hours per day), a longer driving distance(about 75 to 80 miles one way) and no way to get more money. By the way, I do not want to think about driving in the winter time(Lake effect snow...etc). Doug, I know you can relate to that. Well, I am in the process of changing my career. I have to think about it. Maybe take me another 6 months...:P

September 15th, 2004, 09:07	#12
flyover Old Skool Join Date: Mar 2004 Location: Georgia Posts: 3,389	Re: What would you do? The first question is: do you have an overall goal you are pursuing? If so, what is it? If you know where you are "going" then evaluate this job against that goal. Does it move you closer to the goal or further away from it. That should answer your question. If you don't know where you are going, you have bigger problems. [img]/ubbthreads/images/graemlins/tongue.gif[/img]

September 15th, 2004, 09:38	#13
TheShortOne Old Skool Join Date: Jun 2003 Location: Park City, UT Posts: 3,293	Re: What would you do? another thing to consider are the benifits involved...

September 15th, 2004, 10:01	#14
tonyw Old Skool Join Date: May 2002 Location: Maryland Posts: 15,091	Re: What would you do? [ QUOTE ] my employer said this to me - the most I can make is about 45,000 per year after 15 years service. [/ QUOTE ] What kind of pay scale is that? Sheesh! In 2019, assuming that the inflation rate stays at five percent, know what that will be the equivalent of? About $22K. So, ask yourself. Are you willing to live on the equivalent of $22K 15 years from now? After 15 years of blood, sweat, and tears, you'll be making the equivalent of a guy who's fresh out of college.

September 15th, 2004, 11:00	#15
Doug Taylor Agent Smith Join Date: Dec 1969 Location: KSDL Posts: 39,517 Blog Entries: 1	Re: What would you do? [ QUOTE ] Why dont you calculate it for us Doug [img]/ubbthreads/images/graemlins/laugh.gif[/img] [img]/ubbthreads/images/graemlins/laugh.gif[/img] [/ QUOTE ] Ahhh ahahah! Riiiight! I think it's a simple "Time Value of Money" formula, I think. Google.

September 15th, 2004, 11:02	#16
flyover Old Skool Join Date: Mar 2004 Location: Georgia Posts: 3,389	Re: What would you do? [ QUOTE ] In 2019, assuming that the inflation rate stays at five percent, know what that will be the equivalent of? [/ QUOTE ] If anybody on this forum believes that an interviewer can actually tell them what their payrate (adjusted for inflation or not) for any job will be in 2019 I've got some prime real estate for sale. [img]/ubbthreads/images/graemlins/smile.gif[/img]

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