I would disagree with you here, but that's why I said way up in the thread that it was "controversial". Fill in the blanks on the employment application the way that is specified but there's nothing wrong with logging PIC in your logbook as sole manipulator. In fact some companies prefer that you log and report your PIC that way since insurance companies and auditors such as ARGUS, to my knowledge, don't differentiate.
Probably because the regulations specifically allow for it.
I've been flying professionally for some 40 years, and it's never come up as an issue for me. YMMV.
PERSONAL OPINION FOLLOWS: Posts like this scare pilots into not logging time which they are entitled to log. As I said before, follow the instructions when filling out job applications, but there is nothing wrong with logging what you are legally entitled to log.
Nobody said that if you want to fly for the airlines you shouldn't keep track of the time about which the airlines want to know somewhere in your logbook. However, don't let that or what Jim has said deter you from logging in the PIC column of your pilot logbook every second of time authorized by 14 CFR 61.51(e) so you can meet the FAA's PIC time requirements for certificates and ratings, nearly all of which will come before you even start to fill out that airline application form.
It's about twice maybe three times as exhausting for me to be instructing many "current and rated" students or pilots then it is for me to just fly the flight myself.
Rated and PIC-qualified, not current. In fact, when only the trainee and instructor are aboard, not all currencies apply, in particular, the 61.57 landing currencies.
If you were a CFI, you might understand this better. In any event, given that the FAA and NTSB hold the instructor accountable for pretty much anything that happens on an instructional flight even if the instructor is not acting as PIC (the exception noted in Strobel, see below, notwithstanding), I think instructors logging PIC time on instructional flights is appropriate.
Yes. Conditions of flight don't matter, rules of flight don't matter, only whether you are rated for the aircraft matters.
Personally, I'd require 1000 hours PIC to be eligible for CFI, but that's another story -- the rules are what they are on that score even if I think they're wrong. But after a few thousand hours as an instructor, I'm convinced beyond a shadow of a doubt that an authorized instructor giving training should get to log PIC time, and if you ever earn that certificate and start giving flight training, you'll see what I mean.