Any "Latest & Greatest" about Delta?
05-30-2014, 08:48 AM
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05-30-2014, 08:50 AM
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05-30-2014, 08:59 AM
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Too add to this…a chat with a 4th floor friend says Endeavor is again in discussion with the company for some type of expanded SSP (he didn't think it was a flow) for DAL hiring. Asked my rep about it and said DALPA has been briefed on some ideas but is not part of the process and has no role/input. A bigger carrot being dangled?? Not sure there is a big enough carrot.
The only thing they can do to stop the attrition is the one thing they won't do under any circumstance: significantly improve the pay and working conditions there. They may throw token retention bonuses around here or there or maybe give a small mid contract raise and declare victory, but they absolutely won't do what needs to be done by giving significant raises and QOL improvements. So instead they will chase their tails with more tertiary SSP schemes and kick the can down the road for hopefully one more bonus cycle.
05-30-2014, 09:02 AM
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Exactly right. The more jobs they directly (flows) or indirectly (interviews) offer, the more Pinnacle attrition is guaranteed to increase, thus not solving the problem of Pinnacle attrition in the first place. In addition to generating guaranteed attrition…ironically among those there least likely to attrit in the first place (senior Captains who may have already not been successful at the first SSP), they will also do little to nothing to stop the exodus at the bottom half. Even if you have a guaranteed interview or even a flow, if you know it'll take you years and UAL/AA/FEX/UPS/SWA/JB or some others call you today, you're likely going.
The only thing they can do to stop the attrition is the one thing they won't do under any circumstance: significantly improve the pay and working conditions there. They may throw token retention bonuses around here or there or maybe give a small mid contract raise and declare victory, but they absolutely won't do what needs to be done by giving significant raises and QOL improvements. So instead they will chase their tails with more tertiary SSP schemes and kick the can down the road for hopefully one more bonus cycle.
The only thing they can do to stop the attrition is the one thing they won't do under any circumstance: significantly improve the pay and working conditions there. They may throw token retention bonuses around here or there or maybe give a small mid contract raise and declare victory, but they absolutely won't do what needs to be done by giving significant raises and QOL improvements. So instead they will chase their tails with more tertiary SSP schemes and kick the can down the road for hopefully one more bonus cycle.
05-30-2014, 09:05 AM
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05-30-2014, 09:12 AM
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AB,
I agree with you that that some level of outsourcing is obviously required for the short term but long term - who knows? This industry got by without outsourcing for decades. DAL management then went bonkers with RJ outsourcing. Now the pendulum appears to be swinging back in the other direction.
My original point was that by outsourcing you lose control. DAL outsources based on lowest cost so we have to live with the inevitable bad press. If your point is that we need to be more selective in who we choose to outsource I agree 100%, but the discriminator we appear to have been using so far is cost.
OBTW - I don't really believe in a "foreseeable future."
Scoop
05-30-2014, 09:21 AM
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Unfortunately, it will be some time in the "foreseeable future" before we can unravel outsourcing..
Last edited by CGfalconHerc; 05-30-2014 at 09:49 AM.
05-30-2014, 09:53 AM
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05-30-2014, 10:58 AM
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I already rolled my DC into my 401, but I was wondering if anyone has found out what interest rate the annuity was paying out? For whatever reason, that wasn't in the documents. My guess is it is somewhere around 3-4%, but I have seen several annuities paying out at 10%. Just a question.
Ten
05-30-2014, 11:00 AM
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