What is it like? It's great! While I haven't had the chance to work for a major carrier, in these times I don't think I want to. It's no secret that we make less than major carriers, but we are happier and we do care more about our jobs.
Why do I like working for Westjet? Twice a year we get profit-share checks. How awesome is that? It's incentive for us to be successful at what we do, and ensure that we (as a company) remain successful. Because in the end, the better our company does, the bigger our profit-share checks will be.
We are also allowed to participate in the Employee Share Purchase program (ESP) which Westjet matches dollar for dollar.
Aside from money, however, the best part about working for Westjet is the people. I met my CEO (Clive Beddoe) a year ago and had a chance to talk with him for a little while. Who would have thought that seeing him again a few months ago that he would still remember me and know my name!? He took the time to make sure I was happy with what I was doing and ensure that everything was going ok. What CEO would take the time to socialize with his workers like that? I'm nobody special, and believe me when I tell you this, our higher management go out of their way just to visit and socialize with their employees. Going that extra mile is Westjet's philosophy, and our management sure do set amazing examples.
Can I find one thing I don't like about working for a LCC? No, I can't.
Pilottin747: While everyone has their own opinions, I can assure you that if money is all you are after, don't go the way of a LCC. If you want to enjoy what you do, work with people who enjoy what they do, and work for a company that cares about you, by all means, join the party! To answer your question about schedules: from what I understand, schedules are very flexible, and I do believe you get to choose when you want to work. The pay, like I said, is obviously not the best, but definitely not the lowest. However, the benefits we receive (profit-share, ESP, interlines) make up for the lack of pay.
I hope that gives you a better idea about what it's like to work for a LCC, I know I certainly have no regrets!