Any "Latest & Greatest" about Endeavor?
12-14-2015, 10:57 AM
#1711
Gets Weekends Off
Joined APC: Sep 2010
Position: Up Front
Posts: 1,628
Is the $23,000 a one-time (or one-year) thing? In other words, would a 2016 hire still get $23,000 (20k retention + 3k training as opposed to 23k retention) for 2016 but then $20k in subsequent years while those already at the airline still get the $23k retention in those years? Or is the total amount still the same and it's just a matter of what components it breaks up into?
FIRST YEAR PAY
Effective January 1, 2016, the First Officer 0-1 year pay scale will be changed to $30 per hour and will be subject to the same across-the-board increases as all other rates each January 16th thereafter.
NEW HIRE BONUS
Pilots hired after January 1, 2016, will receive a $3,000 bonus upon successful completion of training, which the company may increase to a maximum of $10,000.
$3000 RETENTION PAYMENT INCREASE
Current pilots will be eligible for retention payments of up to $23,000 annually for 2016, 2017, and 2018. Future new hires will be eligible for retention payments of up to $20,000 during their first year of service.
Effective January 1, 2016, the First Officer 0-1 year pay scale will be changed to $30 per hour and will be subject to the same across-the-board increases as all other rates each January 16th thereafter.
NEW HIRE BONUS
Pilots hired after January 1, 2016, will receive a $3,000 bonus upon successful completion of training, which the company may increase to a maximum of $10,000.
$3000 RETENTION PAYMENT INCREASE
Current pilots will be eligible for retention payments of up to $23,000 annually for 2016, 2017, and 2018. Future new hires will be eligible for retention payments of up to $20,000 during their first year of service.
12-14-2015, 11:09 AM
#1713
Gets Weekends Off
Joined APC: Oct 2014
Posts: 727
Is the $23,000 a one-time (or one-year) thing? In other words, would a 2016 hire still get $23,000 (20k retention + 3k training as opposed to 23k retention) for 2016 but then $20k in subsequent years while those already at the airline still get the $23k retention in those years? Or is the total amount still the same and it's just a matter of what components it breaks up into?
Year 1: 3k bonus and 20k retention
Year 2, 3: 23k retention
Retention bonus ends after 2018, but I'd imagine something will change between now and then.
12-14-2015, 11:20 AM
#1714
Gets Weekends Off
Joined APC: Oct 2013
Posts: 288
Remember the mock bids look nothing like what will actually come out. Give it time, the Jr line holder on the -200 is a June hire, just remember that when looking at the -900 schedules.
12-14-2015, 11:34 AM
#1716
Gets Weekends Off
Joined APC: Sep 2010
Position: Up Front
Posts: 1,628
12-14-2015, 11:48 AM
#1717
On Reserve
Joined APC: Dec 2015
Posts: 13
good time for a new pilot?
I hope this hasn't been already discussed - but why new hire and retention bonuses (boni?)? Do they expect a lot of retirement/hiring at the majors, and losing all of their captains? This question is from a new poster to this website - 700 tt and thinking about plunging into CFI work to get to 1500. From everything I'm reading on this and other sites, seems like a good time to get into this industry. I've also read about Piedmont with a flowthru, and Republic offering 40/hour to start.
12-14-2015, 11:54 AM
#1718
Gets Weekends Off
Joined APC: Feb 2011
Posts: 130
Makes sense. Thanks (and also to others who answered).
12-14-2015, 12:20 PM
#1719
Gets Weekends Off
Joined APC: Aug 2014
Position: CR9 CA, FT Minivan Driver
Posts: 452
I hope this hasn't been already discussed - but why new hire and retention bonuses (boni?)? Do they expect a lot of retirement/hiring at the majors, and losing all of their captains? This question is from a new poster to this website - 700 tt and thinking about plunging into CFI work to get to 1500. From everything I'm reading on this and other sites, seems like a good time to get into this industry. I've also read about Piedmont with a flowthru, and Republic offering 40/hour to start.
With the new adjustments, 9E pilots will avg around 56k first year when you factor in all the bonuses, per diems, etc. Fly above average and you'll be pushing north of 60k. That's far and above the industry average, and well above RJets offering.
Good luck with your decision!
12-14-2015, 01:18 PM
#1720
Gets Weekends Off
Joined APC: Nov 2012
Position: CaptFo
Posts: 997
The retention pay, as I understand it, is to keep pilots from making lateral moves and starting over at other regionals chasing upgrades, money, etc (this was big back in late 2013).
With the new adjustments, 9E pilots will avg around 56k first year when you factor in all the bonuses, per diems, etc. Fly above average and you'll be pushing north of 60k. That's far and above the industry average, and well above RJets offering.
Good luck with your decision!
With the new adjustments, 9E pilots will avg around 56k first year when you factor in all the bonuses, per diems, etc. Fly above average and you'll be pushing north of 60k. That's far and above the industry average, and well above RJets offering.
Good luck with your decision!
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