WestJet Airlines
CYYC based
Yr. 7/8 B737NG Captain
Totals in CAD currency
Base salary- $187,000
Employee share purchase plan ( tax sheltered in RRSP/TFSA)- $35,700
Stock option/Restricted share unit payout (inflated this year due to ONEX purchase of WJA)- $128,000
Profit share- $7,500
Total 2019 tax-eligible compensation: $358,200
Total 2019 tax-exempt compensation (Per diems/dry cleaning): $8,200
2019 hours flown- 580
2019 credit hours- 950
Worked 132 days after vacation/statutory holiday days taken into account
2020 estimates (more normalized considering the ONEX purchase of WS will not be included. Also years of service now in effect in Collective Agreement eg. year 7 FO upgrades go to yr. 7 Captain, not yr. 1 Captain as before)
Yr. 12 B737NG Captain
Base salary- $209,500
Cash bonus (in lieu of ESPP and stock option grant)- $52,198
Profit share (estimate) - $8,500
Total- $270,198
*Assumption of hours flown to be slightly higher when MAX comes back online*
Last edited by WS pilot; 16th Jan 2020 at 22:22.