Average increase of 2.90% in pay, with some levels receiving as high as a 4.66% increase.
Note that our peers in the oil and gas industry have retained the same scales for VFR pilots. However, we recognize the increased competition for talented VFR pilots in other sectors, including, the air medical industry. Therefore, the Company believed it was necessary to increase our VFR pay scales.
IFR Pay Scales:
>Era’s IFR scale consistently proves to be top rated in the helicopter industry. The Company reviewed the IFR scales and continued to find that the cash compensation (salary + per diem) received by our IFR pilots is industry leading, with the Company paying greater than 15% more than our competitors’ IFR scales. To that end, we will not be making any changes to the IFR pay scale. We truly hope everyone understands the commitment it has taken to continue to maintain this industry leading scale for our IFR pilots.