Alaska Air Hiring
#5681
Gets Weekends Off
Joined APC: Dec 2005
Posts: 8,927
This is Delta…
#5682
Gets Weekends Off
Joined APC: Dec 2005
Posts: 8,927
I did the math. Back then it was supposed to be 70% profit, 10% safety, 10% brand, and 10% something else. Putting 0 for profit at 70% weight, the math I got showed about a 1.15% payout for profit share. They did readjust the formula to make it more focus-related and increase the payout 4x as much. We got 4.98% in a year everyone else got $0.00 and a year we lost $1 billion+ (and billions of losses at other airlines).
Now 2021 was a full annual loss overall and you’re getting 6.225% payout. For me, using the calculator that looks like one month of pay (at 75 hr guarantee). Obviously PBP is contractual, but the terms inside of it can be changed at their whim and to be fair, at least they changed metrics around to make sure there was at least close to a 5% payout.
Yes, the contract negotiations are stalled, feet dragging, etc. But if you are honest, they at least did the PBP numbers in the employee’s favor. Especially for 2020 and for 2021 as well.
The strike fund suggestion seems premature, and I’m surprised a local LEC would make that suggestion when the AS MEC has not said so.
#5685
Gets Weekends Off
Joined APC: Apr 2018
Posts: 682
I mean, you do realize, especially last year, they literally changed the formula to ensure a close to 5% payout would happen for 2020 right?
I did the math. Back then it was supposed to be 70% profit, 10% safety, 10% brand, and 10% something else. Putting 0 for profit at 70% weight, the math I got showed about a 1.15% payout for profit share. They did readjust the formula to make it more focus-related and increase the payout 4x as much. We got 4.98% in a year everyone else got $0.00 and a year we lost $1 billion+ (and billions of losses at other airlines).
Now 2021 was a full annual loss overall and you’re getting 6.225% payout. For me, using the calculator that looks like one month of pay (at 75 hr guarantee). Obviously PBP is contractual, but the terms inside of it can be changed at their whim and to be fair, at least they changed metrics around to make sure there was at least close to a 5% payout.
Yes, the contract negotiations are stalled, feet dragging, etc. But if you are honest, they at least did the PBP numbers in the employee’s favor. Especially for 2020 and for 2021 as well.
The strike fund suggestion seems premature, and I’m surprised a local LEC would make that suggestion when the AS MEC has not said so.
I did the math. Back then it was supposed to be 70% profit, 10% safety, 10% brand, and 10% something else. Putting 0 for profit at 70% weight, the math I got showed about a 1.15% payout for profit share. They did readjust the formula to make it more focus-related and increase the payout 4x as much. We got 4.98% in a year everyone else got $0.00 and a year we lost $1 billion+ (and billions of losses at other airlines).
Now 2021 was a full annual loss overall and you’re getting 6.225% payout. For me, using the calculator that looks like one month of pay (at 75 hr guarantee). Obviously PBP is contractual, but the terms inside of it can be changed at their whim and to be fair, at least they changed metrics around to make sure there was at least close to a 5% payout.
Yes, the contract negotiations are stalled, feet dragging, etc. But if you are honest, they at least did the PBP numbers in the employee’s favor. Especially for 2020 and for 2021 as well.
The strike fund suggestion seems premature, and I’m surprised a local LEC would make that suggestion when the AS MEC has not said so.
I'm just saying that the cushion gets built up over decades because of having salary expenses that are below industry averages. They therefore come out smelling like a rose by looking like the benevolent employer that still gave us PS, even during years when losses were made.
It's contractual, but being shrewd business men, they got us to sign off on them paying us every year end with our own money, and they hope that the blind gratitude of some of us, might allow them to once again get away with a "business as usual" contract when the time comes around.
#5686
Gets Weekends Off
Joined APC: Dec 2005
Posts: 8,927
The bold part won’t happen. The MEC knows what we want. They won’t present us a TA if they know it won’t pass by the majority of the pilot group. I have faith in our MEC.
#5687
Line Holder
Joined APC: Aug 2011
Posts: 79
#5688
Gets Weekends Off
Joined APC: Apr 2018
Posts: 682
#5689
Gets Weekends Off
Joined APC: Apr 2018
Posts: 682
Curious question...
Over the years, we've heard many stories of MECs, industry wide, seemingly going against the wishes of their pilots, making deals, and presenting TAs or doing side deals that were unpopular, or ultimately had a negative effect. It's the reason why some pilots hate ALPA.
What motivates MECs to sometimes go rogue, if we can call it that?
#5690
Gets Weekends Off
Joined APC: Feb 2015
Posts: 1,162
exactly! And this (6.2% PBP) is Alaska being just as disingenuous.
I read the letters from Management sent to us today. “See, we lost money, but we are still paying you!”
Well, that’s because we have a contract that says you have to, even if we didn’t, management never does anything out of the kindness of their heart. It is always a business decision.
They are most likely hoping the word of this “bonus” gets out and a few starry-eyed NewGuys and HotDogs will sign up to fly with us. Or they really do like us that much???
I read the letters from Management sent to us today. “See, we lost money, but we are still paying you!”
Well, that’s because we have a contract that says you have to, even if we didn’t, management never does anything out of the kindness of their heart. It is always a business decision.
They are most likely hoping the word of this “bonus” gets out and a few starry-eyed NewGuys and HotDogs will sign up to fly with us. Or they really do like us that much???
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