The airline will continue offering new-hire pilots a $15,000 sign-on bonus, with $5,000 more for new-hire pilots with CRJ-type experience.
PSA is also implementing a $20,000 retention bonus for first officers hired under this new program to be paid out in installments after their one-year hiring anniversary. PSA is also instituting a $7,500 retention bonus for all captains employed today with the company.
With these changes, first-year pay for new-hire pilots stands at $58,500, plus an additional $3,000 with a commuter hotel allowance program implemented earlier this year, PSA said.
Since 2014, PSA has doubled its size from 49 aircraft to 115 aircraft and will continue to grow to operate 150 Bombardier CRJ aircraft.