Flying Pig Posted February 7, 2014 Report Share Posted February 7, 2014 (edited) I was looking at helicopter salaries. I see Air Methods has a location adjustment for their pilot pay. If a location has an ACCRA rating of "Greater than 150%" with a "pay scale adjustment of 160%." How does that formula work? Because the number I came up with about stopped my heart, so am I misunderstanding how it works? Edited February 7, 2014 by Flying Pig Quote Link to comment Share on other sites More sharing options...
Wally Posted February 7, 2014 Report Share Posted February 7, 2014 (edited) Multiply base compensation by the cost of living adjustment, the result is added to base salary for adjusted base salary. Example- $100,000 base plus 60% COLA = $160,000 adjusted base salary on which your bi-weekly salary is calculated... except for overtime, meeting and training pay, which are calculated from unadjusted salary. As base salary increases, so does the COLA adjustment.The 60% block is the maximum COLA adjustment.AMC uses Sperlings data instead of ACCRA, and rounds to the nearest 10%. My understanding is that the cost of living is adjusted periodically. Edited February 7, 2014 by Wally 2 Quote Link to comment Share on other sites More sharing options...
Azhigher Posted February 8, 2014 Report Share Posted February 8, 2014 ^This Quote Link to comment Share on other sites More sharing options...
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