Daily Rate - Contract Pilot

dustoff17

Still trying to reach the Top Shelf
I posed this question in another conversation but think it should be a thread on it's own:

Outside of long term contracts, where do pilots come up thier daily rate (i.e. a three day trip, etc.)?

Is there some central location of random numbers or is it determined by what the market will bear? Or is it a guess and hope you get what you ask? Do you negotiate the rate or is it set in your mind when you walk in the door?

Curious how you determine the rate to charge........
 
I posed this question in another conversation but think it should be a thread on it's own:

Outside of long term contracts, where do pilots come up thier daily rate (i.e. a three day trip, etc.)?

Is there some central location of random numbers or is it determined by what the market will bear? Or is it a guess and hope you get what you ask? Do you negotiate the rate or is it set in your mind when you walk in the door?

Curious how you determine the rate to charge........
I've just come back to aviation but the going rate around here seems to be $30.00 -$45.00 flight $25.00 ground. Anything involving more than 8 hrs turns into a daily rate of $250.00 plus flight time and expenses.
 
Great cost with the contract rates! It is in line with what I have been charging 300 a day anything piston and 500 a day as a jet fill in FO. I have not had much turboprop time so no real experience in that realm. Just dont sell yourself short.
 
As far as this question, I'm not asking about instructing; I'm asking about pilot services (contract flying).

Mattyt98 are you demanding $500 a day as an FO in an aircraft in which you're qualified and current (maybe even SIC typed?)? OR are you demanding $500 a day just to sit there and serve in the FO position qualified or not?

I'm really stumped on this one so thanks for any input.........
 
But I'm guessing that you were R44 qualified, had some hours under your belt, and might even have been current. Am I right?

What did you walk in the door with if you set that as your price?
 
But I'm guessing that you were R44 qualified, had some hours under your belt, and might even have been current. Am I right?

What did you walk in the door with if you set that as your price?

I walked in as current on the 44, The work was very easy, I knew the owners quite well, so I went in with $250 a day+expenses and they were quite happy paying that.

The other contract heli guys I know charge about $300-$700 a day+ expenses+ $50-$150 a flight hour with usually a 3 hour daily minimum depending on aircraft, type of flying, location, hours per day flying. (That was for Bell 206, 212, 205, 214, Astar, MD500 flying upwards of 5 hours a day in remote field locations so that called for the higher rates)
 
CRJDriver, the PDF you sent me is a survey of current pay for qualified, current, type-rated PIC positions.

What about a SIC? What is the going rate for both a typed/current and experienced SIC?

How about a guy with NO experience in the plane or even the class of plane? No type rating? What's fair?
 
CRJDriver, the PDF you sent me is a survey of current pay for qualified, current, type-rated PIC positions.

What about a SIC? What is the going rate for both a typed/current and experienced SIC?

How about a guy with NO experience in the plane or even the class of plane? No type rating? What's fair?
What's fair is to not do it for free just to get the experience. No type rating...fairly useless, from my limited experience. No experience in the plane or even class? I don't think contract work is for you for that airplane. Get some experience and demand what is expected of that experience.

The real question is whom are you undercutting? It sounds like you have a potential contract lined up...give us the real scoop and maybe we can help...
 
My guess is you are asking because of the jobs you have posted here: http://forums.jetcareers.com/jobs-available/106870-c525b-c510-pic-sic.html

For a Type-rated, qualified and current Citation Mustang pilot I've seen rates between $500-$600/day for PIC and $400-$500/day for SIC. I personally think an SIC should be paid at least 60% of the PIC rate.
Ahhh, I did not know the history. Yes, I agree absolute minimum is 60 % of PIC rate for a qualified SIC. Qualified means many different things to many different people. Look in the regs and see what is required, and ask your insurance and see what they require.

Good luck!!
 
When I did a little bit of contract stuff i was paid 400 a day on a CE650. I was not SIC typed at the time but I knew the airplane pretty well.
 
CRJDriver, the PDF you sent me is a survey of current pay for qualified, current, type-rated PIC positions.

What about a SIC? What is the going rate for both a typed/current and experienced SIC?

How about a guy with NO experience in the plane or even the class of plane? No type rating? What's fair?

This is the kinda stuff you're supposed to PAY for -- not do for free!

I'm totally friggin' kidding:insane:

Thanks for the Table, CRJ. I might have a Citation contract possibility comming up. This will help!:beer:
 
O.K., I'll try this again. I'm looking for input on a fair daily rate for a 525B or 510 SIC.

These guys are Commercial, multi-engine, instrument rated. NO type rating in aircraft, NO experience with avionics, NO jet time, barely any actual instrument time. A couple of them have less than 1000 hours TT.

"Paying it forward" means that I'm trying to open this door for interested pilots. I'm offering an opportunity to learn, fly some really great planes, and possibly learn/earn a SIC type-rating. I want to be fair with compensation but don't want to be beat up either.

Please give me input if you think you can help. Thanks!!
 
I don't know of ANY 135 operation involving jets that allows for an unqualified (non-type rated) pilot to fly as SIC.

Of course it's 91, not that it would matter with regards to an answer to my query.........
 
O.K., I'll try this again. I'm looking for input on a fair daily rate for a 525B or 510 SIC.

These guys are Commercial, multi-engine, instrument rated. NO type rating in aircraft, NO experience with avionics, NO jet time, barely any actual instrument time. A couple of them have less than 1000 hours TT.

"Paying it forward" means that I'm trying to open this door for interested pilots. I'm offering an opportunity to learn, fly some really great planes, and possibly learn/earn a SIC type-rating. I want to be fair with compensation but don't want to be beat up either.

Please give me input if you think you can help. Thanks!!

does your insurance allow for that? ours only allows us to use contract pilots for sic and our contract pilots have to be typed and 12 month current at fsi or equivalent.
 
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