Wet vs. Dry Aircraft Rental Rates

Wet vs. Dry Aircraft Rental RatesWet vs. Dry Aircraft Rental RatesWhen it comes to aircraft rental tarifs, fixed based operators (FBOs) and flight schools typically rent aircraft either wet or dry. What in the world do wet and dry have to do with rental rates? Heres the scoop Wet Rental Rate A wet rental raterefers to the cost of aircraft rentalplus the cost offuel and oil used during the flight. Each fixed based operator or flight school will have a different policy, but at some FBOs, a wet rental rate means that the line service staff will ensure the fuel tanks are filled up with exactly the amount of fuel requested by the pilot. (Sometimes the pilot will request a half-tank of gas to keep weight down to be able to bring more luggage or improve climb performance.) Some FBOs will fill up the tanks of each of their aircraft so that the next customer show up to a full tank of fuel. To be simple, the wet rental rate just means that a fixed fuel rate is already factored into the cos t of the rental. Remember that aircraft rental is a service and notlage taxable, but fuel and oil is a taxable commodity so that the total bill will reflect the added tax on fuel and/or oil. Established FBOs and flight training organizationsoften utilize a wet rate to make things easier for everyone involved. Its easier for the flight school personnel to keep track of the fuel in their fleet of aircraft when theyre the ones personally filling up the fuel tanks and running the fuel trucks. If a pilot needs to get fuel while on a cross-country flight for an aircraft rented on a wet rate, he or she would typically pay for fuel out of pocket and then be reimbursed by the FBO or flight school upon return. Many FBOs also include a gas card with the aircraft rental, with the stipulation that the pilot fills up at a certain airport or FBO that offers a particular rate or even incentives or rewards. Dry Rental Rate In contrast, adry rental rate does not include the cost of fuel or oil in the rental rate. A pilot renting an airplane at a dry rate will pay for fuel and oil himself, as needed, separately from the aircraft rental rate. The advantage to renting at a dry rate is that fuel-efficient pilots may end up paying less or fuel than other pilots who dont use fuel savings techniques like leaning the mixture aggressively. A dry rate encourages proper fuel management and the leaning of the mixture control to save fuel, which can also save on maintenance-related issues. And with a dry rate, the pilot can often fill up at a cheaper rate at a different airport or fixed base operation if he wanted to save even more money. One of the disadvantages of a dry rate can be showing up to an empty airplane or having to take the extra time to refuel at the self-serve pumps before returning the airplane. Flight schools and flight clubs often use a dry rate for aircraft that frequently fill up away from the home airport. It encourages the operators to save fuel. In comparison, it costs the FBO less, in the long run, to do it this way, because, with a wet rate, pilots often get fuel based on convenience instead of price, leaving the FBO to foot the bill for costly fuel reimbursements. There are advantages and disadvantages to each type of rental rates. Pilots who understand what each type of rental rate means will be able to plan to ensure theyre getting the most value for their money. There are other things to consider such asvariable costsandfixed costs.

How to Know When You Should Be Paid for an Internship

How to Know When You Should Be Paid for an InternshipHow to Know When You Should Be Paid for an InternshipInternships have become a key way for individuals to develop career skills and learn about different occupations and industries. Whether for new graduates or professionals looking for a career change, internships are now recognized as a important career development tool. As a greater importance is placed on the internship and more people embrace them, including high school students, the number of organizations offering these opportunities has increased.If you are a job seeker searching for an internship, you should check and see that youre properly compensated for the work. The U.S. Supreme Court has set guidelines for when internships should be unpaid and paid. These guidelines are intended to help interns avoid working for free. If your internship meets the all of the criteria below, then it can be unpaid. Otherwise, you should be compensated for your time.A basic understanding of the law can be a great asset as you enter into discussions about a potential internship. If an internship doesnt meet these criteria then you should be paid at least the minimum wage in your area. Housing, food and commuting stipends cannot take the place of this wage.Here are thecriteria for unpaid internships, as decided by the Supreme Court1. The internship, even though it includes actual rechengang of the facilities of the employer, is similar totraining which would be given in an educational environment.If youre going to a company and receiving training on par with what youd receive in a classroom, then a wage is not required. If youre interning with a software company, and you spend your time with software engineers that train you and providing hands on feedback, then the internship can go unpaid.2. The internship experience is for the benefit of the intern.Here the distinction is that the internship benefits you. If you receive training and experiences that you can take a way from the internship, then it benefits you. If your internship is set up to benefit the company and its revenue in any way, then you need to be paid.3. The intern does not displace regular employees, but works under close supervision of existing staff.Your internship should have no impact on another workers job security. If an employee loses his or her job because of the work youre doing during as an intern, then you should be paid for your work. If the tasks you are performing were performed by a paid employee in the past, you should be paid.4. The employer that provides the training derives no immediate advantage from the activities of the internand on occasion its operations may actually be impeded.Just as No. 2 suggests, if your internship only benefits you and not the employer, then its OK for you to not receive wages for your work. However, if youre working for a company and impacting its revenue and business, then you should be paid for your time at the company.5. The inte rn is not necessarily entitled to a job at the conclusion of the internship.Traditionally an internship is a training exercise that ends at a predetermined time. However, the purpose of internships has changed. Some employers approach the internship as a way to test out possible employees and determine their fit for the company. If you enter an internship under the impression that after the predetermined time you will be given a job, then you need to be paid.6. The employer and the intern understand that the intern is not entitled to wages for the time spent in theinternship.Whatever legal arrangement the employer sets entering the internship is what you should expect. If you are told you will be paid, the employer must pay you. Although you might not want to make trouble with your employer, you want to protect your interests and not work for free.If youre thinking of using an internship to move ahead in your career, talk with your employer and make sure that you are both on the sam e page in terms of salary. The majority of employers hire interns to contribute to the company in some capacity, however, some businesses will offer unpaid internships to benefit the community. If you are unsure where your internship lies, review the above criteria.

Take it from the Stats! Proven Ways to Optimize your LinkedIn Profile

Take it from the Stats zu nutz und frommenven Ways to Optimize your LinkedIn ProfileTake it from the Stats Proven Ways to Optimize your LinkedIn ProfileIf you have ever been hesitant about using LinkedIn, allow the statistics to erase your apprehension. Its no myth that LinkedIn has revolutionized the contemporary workforce, and has provided proof of the powerful interconnectedness of professional networks. Its estimated that 106 million unique users visit LinkedIn each month, and that every second two new users join the network. Its leid just the number of users thats increasing, either. From 2016 to 2017, the use of LinkedIn companypagesgrew from 24% to 57%. If those facts arent enough to make you consider creating a LinkedIn profile or using yours more, consider that as of now, 71% of professionalsfeel that LinkedIn is a credible source for professional content. That means that if you arent using LinkedIn, you should be.Using statistics as a guide, well discuss the ways that you can optimize your LinkedIn use and profile, or create one if you have not done so yet.Pro Tip Get VisualFACT LinkedInprofiles with professional photos get21 timesmore profile views, and 36 times more messages.If thats not reason enough to amp up the visuals on your LinkedIn account, I dont know what is The simple act of adding a professional headshot increases your visibility by 21 times. On top of that, youll be much more likely to receive messages from contacts.Pro Tip Flaunt your Skills, literallyFACT Listing your skills on your LinkedIn profile results in 13 times more profile views than if skills are left unlisted.Recently, we blogged about the importance of having a Key Skills section on your resume, and how listing your skills can help you rank higher in Applicant Tracking Systems (ATS). Turns out its also proven that including key skills on your LinkedIn profile can increase your profiles viewer besucherzahlen by up to 13 times. Remember, the more people see your profile, th e more of a chance youll have of making productive connections.Pro Tip Talk the talk, so walk the walkFACT There are19.7 million Slidesharesuploaded to LinkedIn. Slideshares are LinkedIns way of showcasing work portfolios and your past presentations (in the form of PowerPoint, PDF, Keynote, and OpenDocument). Weve already mentioned how simply adding a profile picture to give your name a face can increase your visibility and interconnectedness on LinkedIn. Apply that same logic to adding visible examples of all the great things you write in your profile. Adding samples of your work makes your project descriptions that much more credible.Pro Tip Get Someone to back you upFact There have been over 10 billion LinkedIn endorsementsEndorsements are LinkedIns way of adding third party verification of your professional successes, talents and work ethic. People youve worked with can testify to how great you are. What better way to make other professionals want to connect with you and share o pportunities with you than to have others give testament to your successes?Pro Tip Get CreativeFACT The most overused LinkedIn profile word continues to beMotivated which also topped 2014 and 2015.Weve blogged about phrases that will kill your resume. Among them are clichd phrases that, when you think about them, seem very vague and dont really describe anything about you. The same philosophy goes with LinkedIn language. If you use the word motivated in your profile, take it out and replace it with something else. Same thing goes for any other clich words and catchphrases.In closing, we hope youve now decided that you need to create a LinkedIn profile. If youre looking for a job, know that LinkedIn now has3 million active job listingson the platform. Out of LinkedIns 467 million users, you are bound to make some incredible connections that pave the golden way forward in your career.All statistics sourced from LinkedIn By The Numbers 2017 Statistics.