Notwithstanding the incoherent ramblings above, for anyone who is actually watching and considering the move, multiplying monthly guarantee by hourly rate is the lowest you can possibly be paid, and seldom actually happens.
Most make much, much more, as there is a big difference between credit hour and block hour.
This month I'm flying 23 actual hours, 6 days total, and making 75 hours for the trouble. Granted it's an outlier and I still can't believe I'm gonna pull it off, but it's a good example.
Most of the time at most places, you fly way less than what you credit, and make way more than MDG.