The acute shortage of pilots qualified to fly for the airlines is causing regional airlines to offer huge signing bonuses to pilots. Airlines are offering substantial incentives to their pilots to stay at that airline and not leave for other airlines. Comparisons of these incentives are shown in the table below.
|Airline||Signing/Retention Program||Effective Wages Year One||Captain Upgrade Time/Years|
|Endeavor||$10,000 Training Completion Bonus + 20,000 Retention Bonus. After year one, all Endeavor pilots earn up to $23,000 each year in annual retention payments through 2018||$61,600||1.5|
|Silver||$5,000 ATP Tuition Reimbursement as CFI plus $6,000 Retention Bonus OR a $12,000 Signing Bonus||$40,600||2.5|
|GoJet||$5,000 ATP Tuition Reimbursement as CFI plus $6,000 Retention Bonus OR a $12,000 signing bonus. $3,000 bonus for RJ Type Rating, $10,000 in bonuses if the company reaches pilot hiring targets, $10,000 Pilot Referral Fee.||$64,500||1.5|
|Piedmont||$5,000 ATP Tuition Reimbursement as CFI plus $6,000 Retention Bonus and $4,000 Signing Bonus OR a $16,200 Signing Bonus, $5,000 for Part 121 Experience.||$60,600||1.5|
|PSA||$21,000 Signing Bonus, $5000 bonus for CRJ Type Rating, $20,000 First Officer retention bonus after one-year anniversary.||$60,000||1.5|
|Envoy Air||$5,000 ATP Tuition Reimbursement as CFI plus $6,000 Retention Bonus and $11,100 Signing Bonus OR a $22,100 Signing Bonus, $20,000 retention bonus following one year of service, paid in quarterly $2,500 increments, Envoy employees participate in American Airlines Group Profit Sharing.||$60,700||2.5|
|Republic||$17,500 Signing Bonus, $4,000 Referral Bonus, .||$53,700||3.5|
|SkyWest||$5,000 ATP Tuition Reimbursement as CFI plus $6,000 Retention Bonus, A $7,500 bonus for pilots with current turbojet type rating is available upon completion of IOE. The $7,500 bonus is also available for qualified military pilots.||$43,200||1.5|
|Mesa||$5,000 ATP Tuition Reimbursement as CFI plus $6,000 Retention Bonus and ATP-CTP, Pilots receive $50,000 in incentive compensation during the first 3 years of employment as a First Officer. $22,500 paid after the completion of training. $22,100 paid after the completion of training. $5,000 additional payment for pilots who currently have 500 hours of part 121 flight time in a CRJ, EMB145, or EMB175. $2,500 additional payment for pilots who choose the CRJ and currently hold a CL-65 Type Rating. $20,000 paid at the completion of third year of employment.||$64,780||1.5|
|Trans States||$5,000 ATP Tuition Reimbursement as CFI plus $6,000 Retention Bonus OR a $14,000 retention bonus paid upon completion of IOE, $6,000 Type Rating Bonus upon completion of IOE, $12,000 at the end of year one, $12,000 paid at the end of year two. $3,000 bonus for RJ Type Rating, $10,000 in bonuses if the company reaches pilot hiring targets, $1,500 Pilot Referral Fee.||$86,000||2|
|Compass||$5,000 ATP Tuition Reimbursement as CFI plus $6,000 Retention Bonus OR a $17,500 signing bonus, paid out per the following schedule:$7,500 after the completion of IOE, $2,500 after 9 months of employment, $7,500 after 12 months of employment||$68,500||1.5|
|ExpressJet||$5,000 ATP Tuition Reimbursement as CFI plus $6,000 Retention Bonus plus $10,000 signing bonus, $7,500 bonus for having RJ Type Rating, $1,000 pilot referral bonus.||$55,250||6|
|Air Wisconsin||$31,000 Sign-on Bonuses with $5,000 paid on first paycheck, $26,000 paid at completion of IOE, $18,000 Retention Bonuses $10,000 paid after first anniversary, $8,000 if pilot has not upgraded to Captain, $8,000 Type Rating Bonus -Pilots with Part 91K, 121 or 135 carrier with an ATP and type rating in an aircraft greater than 12,500 lbs. Paid at completion of IOE.||$87,284||1.5|
|Horizon Air||$5,000 ATP Tuition Reimbursement as CFI plus $6,000 Retention Bonus. New hire bonus ($25,000 for Q400 pilots, $20,000 for E175 pilots), Up to $5,200 in company performance bonus. Up to $5,400 per diem.||$78,600||1.5|
The table also shows the effect of the incentives on beginning pay for newly hired first officers. Incentives such as Endeavor’s 4-year Pilot Retention Program also pay dividends well past the beginning of a new pilot’s career.
Flying for the airlines has always been one of the most desirable careers available, and now the airline industry is beginning to make the career more attractive and attainable. Explore aviation as a career choice and you will see that the return-on-investment is the best of any career available today.
One way to make that critical investment in an aviation career a successful one is to obtain the most efficient and time-proven Airline Career-path flight training offered today. When your career depends on it choose ATP, the proven provider of pilots the airlines prefer to hire.