NBAA Survey: Business Aviation Salaries Continue To Rise
The NBAA Compensation survey gives operators visibility around compensation packages, salary ranges, merit increases, incentives, and duty rosters for pivotal positions across the business aviation sector.
A business-aviation job pays well, often on par with the major airlines.Juice Flair/Shutterstock
Key Takeaways:
The 2022 NBAA Compensation Survey reveals a significant increase in business aviation salaries and compensation budgets compared to 2021, with smaller organizations showing greater agility in responding to inflation and talent demand.
Business aviation departments face strong competition for talent from Part 121 airlines, which offer attractive salaries and sign-on bonuses, necessitating competitive compensation strategies including comprehensive benefits like educational assistance.
The NBAA survey serves as a crucial tool for flight departments to understand compensation trends, retain valuable experienced employees, attract new talent, and make informed decisions amidst a competitive and evolving job market.
In its new compensation survey findings, the National Business Aviation Association (NBAA) said 2022 business aviation salaries have increased compared to 2021.
The organization released its 2022 Compensation Survey—now in its 35th edition—on August 23. In a statement, NBAA said, “the average salary increase budgets were higher in 2022 than in 2021.”
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Michael Wildes holds a master’s degree in Logistics & Supply Chain Management, and a bachelor’s degree in Aeronautical Science, both from Embry-Riddle Aeronautical University. Previously, he worked at the university’s flight department as a Flight Check Airman, Assistant Training Manager, and Quality Assurance Mentor. He holds MEI, CFI & CFII ratings. Follow Michael on Twitter @Captainwildes.