Details on Delta TA
06-05-2015, 02:08 PM
#5754
Straight QOL, homie
Joined APC: Feb 2012
Position: Record-Shattering Profit Facilitator
Posts: 4,202
06-05-2015, 02:48 PM
#5756
Gets Weekends Off
Joined APC: Mar 2008
Posts: 758
Give it a rest on the rumor spreading. We will know actual numbers next week. I have lost track of how many different numbers have been posted on here. Stop believing everything you hear or read on the internet and wait for the facts to come out.
06-05-2015, 02:49 PM
#5757
Gets Weekends Off
Joined APC: May 2015
Posts: 181
Any chance of getting DPA to file a class action lawsuit against your 5th grade math teacher?
For folks that make 200K a year your ability to perform basic math is sad.
I get that we all want a big pay raise. I don't think it's axing too much to run the numbers for yourself and not bite on an Abbott and Costillo math skit.
06-05-2015, 02:49 PM
#5758
On Reserve
Joined APC: May 2015
Position: number cruncher
Posts: 22
Oh my.... This is not a good way to do math. Your 5th grade teacher should be ashamed. Get your son or daughter in the room, you need assistance!
Conditions:
206.69/hr
16.5% PS
75 pay hours per month
(the actual average pay hours per month is 89, but I like the idea of working from 75, why work extra!)
You also leave out the 15% DC, which is paid as regular after-tax income to a pilot once he has reached the 415c limits. That's real money too.
STATUS QUO:
206.69 x 12 x 75 = $186,021 + PS of 16.5% = $216,714
With 15% DC = 249,221
Two year total = $498,442
With the Booger's rumored numbers:
2015 Jan.-June 206.69 x 6 x 75 = $93,010
2015 July-Dec. (+8%) 223.22 x 6 x 75 = $100,451
2015 total $193,461 + PS of 16.5% = $225,382
2015 With DC 15% = $259,189
2016
(+6%) 236.62 x 12 x 75 = $212,958
PS = 10.75% (16.5%-5.75%)
212,958 + PS 10.75% = $235,851
With DC 15% = $271,229
Two year total = $530,418
That is actually a hypothetical increase to that hypothetical pilot of $31,975.
Using your numbers it equates to:
His 2015 earnings being 4% higher than without said hypothetical deal.
His 2016 earnings being 8.8% higher than without said hypothetical deal.
Quite a difference from the 2.25% you errantly compiled!
(Let's not get into what the compounding of the DC and the equivalent of an extra mortgage payment of over $1776 per month can do!)
In the future, please do your math correctly or leave it to those who can.....
This was forwarded to me, doyd…
Generic Napkin Math, based on 2014 PS %, percentages if incorrect would still be comparable.
"Typical MD-88 Captain"
Rumored:
2015
75 hours @ $206 Jan thru July = $108,150
75 Hours @ $223 Aug - Dec = $83,430 (8% DOS)
Total Salary = $191,580
Est. Profit Sharing @ 16.5% = $31,610
Total Compensation = $223,190
2016
Salary @ 236 ( 6% -1/1/16) = $212,400
Est. Profit sharing = $23,347 (33% reduction or 5.75% decrease)
Total = $235,764
2 Year Total compensation with rumored raises= $458,954
Status Quo
2015
Salary @ $206 = $185,400
Est. Profit Sharing = $30,591
Total = $215,991
2016
Salary @ $212.18 = $190,962
Est. Profit Sharing = $31,508
Total = $222,470
2 Year Total compensation without TA = $438, 461
Rumored = 458, 954
Staus Quo = 438,661
Difference = $20,492 over 2 years or Approx 2.25% raise per year…….
Generic Napkin Math, based on 2014 PS %, percentages if incorrect would still be comparable.
"Typical MD-88 Captain"
Rumored:
2015
75 hours @ $206 Jan thru July = $108,150
75 Hours @ $223 Aug - Dec = $83,430 (8% DOS)
Total Salary = $191,580
Est. Profit Sharing @ 16.5% = $31,610
Total Compensation = $223,190
2016
Salary @ 236 ( 6% -1/1/16) = $212,400
Est. Profit sharing = $23,347 (33% reduction or 5.75% decrease)
Total = $235,764
2 Year Total compensation with rumored raises= $458,954
Status Quo
2015
Salary @ $206 = $185,400
Est. Profit Sharing = $30,591
Total = $215,991
2016
Salary @ $212.18 = $190,962
Est. Profit Sharing = $31,508
Total = $222,470
2 Year Total compensation without TA = $438, 461
Rumored = 458, 954
Staus Quo = 438,661
Difference = $20,492 over 2 years or Approx 2.25% raise per year…….
206.69/hr
16.5% PS
75 pay hours per month
(the actual average pay hours per month is 89, but I like the idea of working from 75, why work extra!)
You also leave out the 15% DC, which is paid as regular after-tax income to a pilot once he has reached the 415c limits. That's real money too.
STATUS QUO:
206.69 x 12 x 75 = $186,021 + PS of 16.5% = $216,714
With 15% DC = 249,221
Two year total = $498,442
With the Booger's rumored numbers:
2015 Jan.-June 206.69 x 6 x 75 = $93,010
2015 July-Dec. (+8%) 223.22 x 6 x 75 = $100,451
2015 total $193,461 + PS of 16.5% = $225,382
2015 With DC 15% = $259,189
2016
(+6%) 236.62 x 12 x 75 = $212,958
PS = 10.75% (16.5%-5.75%)
212,958 + PS 10.75% = $235,851
With DC 15% = $271,229
Two year total = $530,418
That is actually a hypothetical increase to that hypothetical pilot of $31,975.
Using your numbers it equates to:
His 2015 earnings being 4% higher than without said hypothetical deal.
His 2016 earnings being 8.8% higher than without said hypothetical deal.
Quite a difference from the 2.25% you errantly compiled!
(Let's not get into what the compounding of the DC and the equivalent of an extra mortgage payment of over $1776 per month can do!)
In the future, please do your math correctly or leave it to those who can.....
06-05-2015, 02:51 PM
#5759
Gets Weekends Off
Joined APC: Mar 2015
Position: stake holder ir.delta.com
Posts: 10,456
I heard from a reliable source:
12/10/5/5 no givebacks and a me too clause for stock options with reserve guarantee at 150hrs. Small retirement bump only 2% but you get your name painted on the side of an airplane at 10 YOS.
Quit it already. It's all BS. Demand they put it out. Don't settle for the super secret decoder ring crap. You are the union. This is absolutely childish, I'm taking my ball and going home.
12/10/5/5 no givebacks and a me too clause for stock options with reserve guarantee at 150hrs. Small retirement bump only 2% but you get your name painted on the side of an airplane at 10 YOS.
Quit it already. It's all BS. Demand they put it out. Don't settle for the super secret decoder ring crap. You are the union. This is absolutely childish, I'm taking my ball and going home.
06-05-2015, 03:02 PM
#5760
Gets Weekends Off
Joined APC: May 2015
Posts: 181
Oh my.... This is not a good way to do math. Your 5th grade teacher should be ashamed. Get your son or daughter in the room, you need assistance!
Conditions:
206.69/hr
16.5% PS
75 pay hours per month
(the actual average pay hours per month is 89, but I like the idea of working from 75, why work extra!)
You also leave out the 15% DC, which is paid as regular after-tax income to a pilot once he has reached the 415c limits. That's real money too.
STATUS QUO:
206.69 x 12 x 75 = $186,021 + PS of 16.5% = $216,714
With 15% DC = 249,221
Two year total = $498,442
With the Booger's rumored numbers:
2015 Jan.-June 206.69 x 6 x 75 = $93,010
2015 July-Dec. (+8%) 223.22 x 6 x 75 = $100,451
2015 total $193,461 + PS of 16.5% = $225,382
2015 With DC 15% = $259,189
2016
(+6%) 236.62 x 12 x 75 = $212,958
PS = 10.75% (16.5%-5.75%)
212,958 + PS 10.75% = $235,851
With DC 15% = $271,229
Two year total = $530,418
That is actually a hypothetical increase to that hypothetical pilot of $31,975.
Using your numbers it equates to:
His 2015 earnings being 4% higher than without said hypothetical deal.
His 2016 earnings being 8.8% higher than without said hypothetical deal.
Quite a difference from the 2.25% you errantly compiled!
(Let's not get into what the compounding of the DC and the equivalent of an extra mortgage payment of over $1776 per month can do!)
In the future, please do your math correctly or leave it to those who can.....
Conditions:
206.69/hr
16.5% PS
75 pay hours per month
(the actual average pay hours per month is 89, but I like the idea of working from 75, why work extra!)
You also leave out the 15% DC, which is paid as regular after-tax income to a pilot once he has reached the 415c limits. That's real money too.
STATUS QUO:
206.69 x 12 x 75 = $186,021 + PS of 16.5% = $216,714
With 15% DC = 249,221
Two year total = $498,442
With the Booger's rumored numbers:
2015 Jan.-June 206.69 x 6 x 75 = $93,010
2015 July-Dec. (+8%) 223.22 x 6 x 75 = $100,451
2015 total $193,461 + PS of 16.5% = $225,382
2015 With DC 15% = $259,189
2016
(+6%) 236.62 x 12 x 75 = $212,958
PS = 10.75% (16.5%-5.75%)
212,958 + PS 10.75% = $235,851
With DC 15% = $271,229
Two year total = $530,418
That is actually a hypothetical increase to that hypothetical pilot of $31,975.
Using your numbers it equates to:
His 2015 earnings being 4% higher than without said hypothetical deal.
His 2016 earnings being 8.8% higher than without said hypothetical deal.
Quite a difference from the 2.25% you errantly compiled!
(Let's not get into what the compounding of the DC and the equivalent of an extra mortgage payment of over $1776 per month can do!)
In the future, please do your math correctly or leave it to those who can.....
Wow, we both thought of the 5th grade math teacher at the same time.
If I may add one thing to your example:
The 2015 pay increase is really only for the last half of the year. The 4% annual increase is mathematically correct, but it sort of understates the true value of the increase.
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