Thousands of Doctors say they would leave profession if they could.....
11-19-2008, 06:44 AM
#31
Self Employed.
Joined APC: May 2005
Position: Corporate Pilot
Posts: 7,119
I concede
A pilot can hate their job and then come home to unpaid bills. I could have eventually survived as a regional pilot but never would I have been able to prosper.
SkyHigh
11-19-2008, 06:53 AM
#32
Self Employed.
Joined APC: May 2005
Position: Corporate Pilot
Posts: 7,119
Uaw
A typical UAW worker earns between $28 and 32 dollars an hour. Here is the great disparity in the press quoted rates and the actual. The big three are caring on a legacy of costs.
Why is the figure cited as hourly labor costs by the companies so much higher than the wage rates?
In addition to regular hourly pay, the labor cost figures cited by the companies include other expenses associated with having a person on payroll. This includes overtime, shift premiums and the costs of negotiated benefits such as holidays, vacations, health care, pensions and education and training. It also includes statutory costs, which employers are required to pay by law, such as federal contributions for Social Security and Medicare, and state payments to workers’ compensation and unemployment insurance funds.The highest figures sometimes cited also include the benefit costs of retirees who are no longer on the payroll.
Wages and labor costs - UAW Bargaining 2007
Why is the figure cited as hourly labor costs by the companies so much higher than the wage rates?
In addition to regular hourly pay, the labor cost figures cited by the companies include other expenses associated with having a person on payroll. This includes overtime, shift premiums and the costs of negotiated benefits such as holidays, vacations, health care, pensions and education and training. It also includes statutory costs, which employers are required to pay by law, such as federal contributions for Social Security and Medicare, and state payments to workers’ compensation and unemployment insurance funds.The highest figures sometimes cited also include the benefit costs of retirees who are no longer on the payroll.
Wages and labor costs - UAW Bargaining 2007
Even if the numbers include retirement funding for previous workers it is still the true cost per employee per year. It is an accurate amount of present and future compensation that the employee will receive as a result of working for the company over a year.
A pretty sweet deal. Most of the rest of the country has to live on whatever they can scrape into their 401K.
Skyhigh
11-19-2008, 07:18 AM
#33
Self Employed.
Joined APC: May 2005
Position: Corporate Pilot
Posts: 7,119
Threats to the future
As pension plans threaten American business on the world stage one of the biggest threats to our national future is funding Social Security. Previous generations have gotten us into a situation where the current work force is being asked to pay for the retirement needs of the past and know that there will be noting left when they need it.
There could be a chapter 11 plan in the works for the US Government in 10 years.
Skyhigh
There could be a chapter 11 plan in the works for the US Government in 10 years.
Skyhigh
11-19-2008, 07:37 AM
#34
Gets Weekends Off
Joined APC: Mar 2008
Position: FAA 'Flight Check'
Posts: 13,839
Doctors can choose to be a small town GP or move to the big city and be a surgeon. Doctors are in demand and are needed all over the world. Doctors have value in their educations that transcend their abilities in the hospital. As a doctor if you try harder and are better than the next guy your efforts can be rewarded. Doctors still hold a high place in society. Hollywood makes an endless stream of TV shows based upon what doctors do because it is interesting. And lastly, they make a measurable difference.
USMCFLYR
11-19-2008, 12:39 PM
#35
Self Employed.
Joined APC: May 2005
Position: Corporate Pilot
Posts: 7,119
Military
I'm glad to know that any doctor is worth more than me under your definition. I don't know how I will go on today knowing that I have not made a measurable difference in life. Btw - who said that there won't always be a need for pilots? In every futuristic movie or TV series I can think of there are still pilots around!
USMCFLYR
USMCFLYR
There will be a need for pilots in the future however as technology improves the value for experienced pilots will continue to decline. In addition as UAV technology advances who knows what the future will bring in regards to civilian aviation. Whatever it is it is hard to imagine that it will be good to the profession.
Skyhigh
11-19-2008, 12:57 PM
#36
Gets Weekends Off
Joined APC: Mar 2008
Position: FAA 'Flight Check'
Posts: 13,839
As a member of the USMC I am sure that you will agree that national defense is very important to everyone.
Whew....thanks for that
I feel much better now!
In addition as UAV technology advances who knows what the future will bring in regards to civilian aviation. Whatever it is it is hard to imagine that it will be good to the profession.
USMCFLYR
PS. Yes....I'm poking fun at this whole line of posts recently.
11-19-2008, 01:23 PM
#37
Gets Weekends Off
Joined APC: Feb 2007
Posts: 440
Doctors still hold a high place in society. Hollywood makes an endless stream of TV shows based upon what doctors do because it is interesting. And lastly, they make a measurable difference.
In other words, pay me and I'm happy.
11-19-2008, 01:27 PM
#38
Gets Weekends Off
Joined APC: Feb 2007
Posts: 440
There will be a need for pilots in the future however as technology improves the value for experienced pilots will continue to decline. In addition as UAV technology advances who knows what the future will bring in regards to civilian aviation. Whatever it is it is hard to imagine that it will be good to the profession.
11-19-2008, 02:31 PM
#39
Self Employed.
Joined APC: May 2005
Position: Corporate Pilot
Posts: 7,119
The future
The future is interesting to think about. I can see an all ground controlled network of aircraft in free flight that are remotely controlled by ATC through dispatch. Controllers at a company dispatch center could manage five flights at once from a common control room surrounded by weather and traffic information. Communications with ATC can all be computer generated and handled through land line computer to computer links. The aircraft itself could have a technician serve as absolute back up in case the automation system breaks down. He/she could sit back and watch the show unfold ready to jump in of needed. It kind of is the way our system is run now. All we really need is to use technology to remove the middleman (pilot).
In the past the high technology element of the flight deck was the flight crew. Today the glory goes to modern avionics and automation. It is natural for the money to be spent on the equipment over experienced pilots. Modern advanced aircraft are recorded as an asset and can be depreciated on the company books while wages are an expense. I think that the past regional hiring boom proves that in the near future instead of raising wages to attract more experienced pilots airlines will choose to reduce minimums because modern planes do not need the same quality of pilots as in the past.
SkyHigh
In the past the high technology element of the flight deck was the flight crew. Today the glory goes to modern avionics and automation. It is natural for the money to be spent on the equipment over experienced pilots. Modern advanced aircraft are recorded as an asset and can be depreciated on the company books while wages are an expense. I think that the past regional hiring boom proves that in the near future instead of raising wages to attract more experienced pilots airlines will choose to reduce minimums because modern planes do not need the same quality of pilots as in the past.
SkyHigh
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