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129. From Paychecks to Perks: Maximizing Pilot Compensation with Dr. Broyhill

21.FIVE - Professional Pilots Podcast

Release Date: 05/28/2024

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21.FIVE - Professional Pilots Podcast

In this episode, Dylan shares his recent experience flying Southwest and reflects on the airline’s unique in-flight culture. The guys also discuss the lessons from United’s pilot strike and its impact on the industry as recounted in Hard Landing. The Mailbag includes a listener’s take on sidestep maneuvers and the challenges of operational compliance. For Flight Advice, a listener asks whether it’s better to go Fractional, Regional, or ULCC after flight instructing.  0:00 Intro 2:48 Southwest Shananigans 5:27 Max’s Airplane Mission 11:42 Getting Random-ed 15:37 24-Hour B2 Sim...

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21.FIVE - Professional Pilots Podcast

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21.FIVE - Professional Pilots Podcast

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21.FIVE - Professional Pilots Podcast

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21.FIVE - Professional Pilots Podcast

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21.FIVE - Professional Pilots Podcast

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21.FIVE - Professional Pilots Podcast

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21.FIVE - Professional Pilots Podcast

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21.FIVE - Professional Pilots Podcast

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21.FIVE - Professional Pilots Podcast

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More Episodes

In this episode, hosts Dylan and Max interview Dr. Chris Broyhill, the creator of the AirComp Calculator, to discuss the current state of pilot compensation in business aviation. Dr. Broyhill shares insights on market trends, noting the ongoing high demand for qualified pilots and the increasing importance of comprehensive benefits packages. The discussion highlights the advantages of business aviation roles, such as better work-life balance, despite competitive airline salaries. Dr. Broyhill also emphasizes the value of reliable compensation data for pilots and employers, provided by tools like the AirComp Calculator.

Connect with Dr. Chris Broyhill on LinkedIn

Show Notes

0:00 Intro

3:31 Marketplace Updates

9:34 Benefits and Forms of Compensation

19:48 Business Aviation and Poaching

26:14 Trends, Inflation, and Cost of Labor

36:47 The Air Comp Calculator

Be sure to subscribe to 21Five's Youtube Channel to see our luggage review videos!

Join us in supporting the Pilot Mental Health Campaign by making adonating. Listener Rick S will match 21.Five listeners donations up to $1000!

Hard Landing: The Epic Contest for Power and Profits That Plunged the Airlines into Chaos by Thomas Petzinger Jr

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Harvey Watt, offers the only true Loss of Medical License Insurance available to individuals and small groups. Because Harvey Watt manages most airlines' plans, they can assist you in identifying the right coverage to supplement your airline’s plan. Many buy coverage to supplement the loss of retirement benefits while grounded. Visit harveywatt.com to learn more!

Advanced Aircrew Academy enables flight operations to fulfill their training needs in the most efficient and affordable way—anywhere, at any time. We do this by providing high-quality professional pilot, flight attendant, flight coordinator, maintenance, and line service training modules delivered via the web using a world-class online aviation training system. Visit aircrewacademy.com to learn more!

Tim Pope is a CERTIFIED FINANCIAL PLANNER™ and a pilot. His financial planning practice provides services to aviation professionals and aviation 401k plans. Tim helps clients pursue their financial goals by defining them, organizing & optimizing resources, planning, implementing, and monitoring their financial plan. Visit https://link.21fivepodcast.com/timothy-pope to learn more. Check out Tim's new podcast: The Pilot Money Podcast

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The statements made in this show are our own opinions and do not reflect, nor were they under any direction of any of our employers.