FDX - My 4a2b numbers
01-04-2010, 02:02 PM
#1
Bourgeoisie
Thread Starter
Joined APC: Aug 2006
Position: 787 SO
Posts: 617
FDX - My 4a2b numbers
So with January being the 12th full month of 4a2b BLG’s and their associated reductions, I wanted to determine the impact on my own financial situation on an annualized basis. At my current scale and seat the numbers surprised me a bit.
Using 884 hours as the pre 4a2b minimum, Feb 09 to Jan 10 will net me 776 hours for a reduction of 108 hours or 12.2% below the normal contractual minimum. Monthly, the reductions range from 1% (~ $123) to more than 20% (~ $1800). In an average 4 week month the reduction was 8.6 hours and in an average 5 week month the reduction was 9.7 hours.
For the 12 month period ending on January 31st, the total reduction below pre-4a2b levels will result in a difference of $14,300 in gross pay or an unweighted average of $1192 per month.
Put another way, I financed 130,000 shareholder dividends.
I honestly thought it would be more. Using a nominal average of $100,000 annual salary plus another $25,000 in benefits, to prevent the furlough of 300 individuals would have required more than 2600 portions of my own annual 4a2b savings for one year. Then again, I’m pretty close to the bottom of the pile as far as gauge/seat and middle of the road seniority-wise.
I am certain more people have given up significantly more but this has been my experience thus far.
Curious if others have you looked at this in a similar way?
Using 884 hours as the pre 4a2b minimum, Feb 09 to Jan 10 will net me 776 hours for a reduction of 108 hours or 12.2% below the normal contractual minimum. Monthly, the reductions range from 1% (~ $123) to more than 20% (~ $1800). In an average 4 week month the reduction was 8.6 hours and in an average 5 week month the reduction was 9.7 hours.
For the 12 month period ending on January 31st, the total reduction below pre-4a2b levels will result in a difference of $14,300 in gross pay or an unweighted average of $1192 per month.
Put another way, I financed 130,000 shareholder dividends.
I honestly thought it would be more. Using a nominal average of $100,000 annual salary plus another $25,000 in benefits, to prevent the furlough of 300 individuals would have required more than 2600 portions of my own annual 4a2b savings for one year. Then again, I’m pretty close to the bottom of the pile as far as gauge/seat and middle of the road seniority-wise.
I am certain more people have given up significantly more but this has been my experience thus far.
Curious if others have you looked at this in a similar way?
01-04-2010, 03:07 PM
#2
Gets Weekends Off
Joined APC: Oct 2008
Position: Heavily Involved
Posts: 473
So with January being the 12th full month of 4a2b BLG’s and their associated reductions, I wanted to determine the impact on my own financial situation on an annualized basis. At my current scale and seat the numbers surprised me a bit.
Using 884 hours as the pre 4a2b minimum, Feb 09 to Jan 10 will net me 776 hours for a reduction of 108 hours or 12.2% below the normal contractual minimum. Monthly, the reductions range from 1% (~ $123) to more than 20% (~ $1800). In an average 4 week month the reduction was 8.6 hours and in an average 5 week month the reduction was 9.7 hours.
For the 12 month period ending on January 31st, the total reduction below pre-4a2b levels will result in a difference of $14,300 in gross pay or an unweighted average of $1192 per month.
Put another way, I financed 130,000 shareholder dividends.
I honestly thought it would be more. Using a nominal average of $100,000 annual salary plus another $25,000 in benefits, to prevent the furlough of 300 individuals would have required more than 2600 portions of my own annual 4a2b savings for one year. Then again, I’m pretty close to the bottom of the pile as far as gauge/seat and middle of the road seniority-wise.
I am certain more people have given up significantly more but this has been my experience thus far.
Curious if others have you looked at this in a similar way?
Using 884 hours as the pre 4a2b minimum, Feb 09 to Jan 10 will net me 776 hours for a reduction of 108 hours or 12.2% below the normal contractual minimum. Monthly, the reductions range from 1% (~ $123) to more than 20% (~ $1800). In an average 4 week month the reduction was 8.6 hours and in an average 5 week month the reduction was 9.7 hours.
For the 12 month period ending on January 31st, the total reduction below pre-4a2b levels will result in a difference of $14,300 in gross pay or an unweighted average of $1192 per month.
Put another way, I financed 130,000 shareholder dividends.
I honestly thought it would be more. Using a nominal average of $100,000 annual salary plus another $25,000 in benefits, to prevent the furlough of 300 individuals would have required more than 2600 portions of my own annual 4a2b savings for one year. Then again, I’m pretty close to the bottom of the pile as far as gauge/seat and middle of the road seniority-wise.
I am certain more people have given up significantly more but this has been my experience thus far.
Curious if others have you looked at this in a similar way?
Using the same GUARANTEE of 884 hours running from January 1st till December 31st I netted 721.52, that's 162.48 hours or 18.4%. Monthly, my range was a low of 8.9% to a max of 15.4%.
Total dollars stolen from me were $18,735.12 BUT mgt's ingenious realignment bid cost me my wide-body seat too.
But hey, "Let's keep our finger's crossed!".
01-05-2010, 04:44 AM
#4
Gets Weekends Off
Joined APC: Apr 2006
Position: MD-11 Captain
Posts: 4,304
It looks like maybe everybody is getting 4a2b
01-05-2010, 07:35 AM
#5
Gets Weekends Off
Joined APC: Feb 2007
Position: MD11 FO, ANC
Posts: 1,098
Oh good......I thought I was the only one who picked up on that (latest "O-gram" sign-off)
right up there in the top 10 most asinine "O-gram" quotes of the year
++++++++++
asinine - definition of asinine by the Free Online Dictionary, Thesaurus and Encyclopedia. - I particularly like the following:
Adj. 1. asinine - devoid of intelligence
right up there in the top 10 most asinine "O-gram" quotes of the year
++++++++++
asinine - definition of asinine by the Free Online Dictionary, Thesaurus and Encyclopedia. - I particularly like the following:
Adj. 1. asinine - devoid of intelligence
01-05-2010, 07:46 AM
#7
Gets Weekends Off
Joined APC: Dec 2007
Posts: 425
The numbers reflect a totally unacceptable and unconscionable process by which we have not only experienced a direct loss of income, but also been denied the ability to take those dollars into investment vehicles which would have been able to produce more dollars. The immediate loss does not reflect the potential losses in that we all have been denied the ability to take our normal pay scenarios and invest them in a prudent manner towards our Retirements, Invest portfolios, etc.
The damage from this pay theft that has taken place, is far more reaching than just making a comparison to what you think you lost compared to a year ago numbers.
The damage from this pay theft that has taken place, is far more reaching than just making a comparison to what you think you lost compared to a year ago numbers.
01-05-2010, 08:00 AM
#8
Gets Weekends Off
Joined APC: Feb 2007
Position: MD11 FO, ANC
Posts: 1,098
FDX ALPA's numbers...
Simply using the numbers posted (year-to-date) on the FDX ALPA home page and averaging those over the TOTAL number of pilots on the master seniority list (4621):
= NEGATIVE $10,952.92 (on average) from each pilot
the #4621 includes ALL pilots on the list - including management - so even that relatively high number would be even higher excluding management pilots whom 4.A.2.b. does not negatively affect.
conservatively, $1k/month on average per active line pilot - which ain't chump change by anyone's standard
= NEGATIVE $10,952.92 (on average) from each pilot
the #4621 includes ALL pilots on the list - including management - so even that relatively high number would be even higher excluding management pilots whom 4.A.2.b. does not negatively affect.
conservatively, $1k/month on average per active line pilot - which ain't chump change by anyone's standard
01-05-2010, 10:42 AM
#10
Gets Weekends Off
Joined APC: Feb 2007
Position: MD11 FO, ANC
Posts: 1,098
.Would be interested to know if that reduction was reinstated with the rest of the company's - while the rest of us continue to have the 4.A.2.b. scam jammed down our throats.
Does anyone know if they got their 5CH (5%?) back yet?
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