is this true.......
#12
Originally Posted by calcapt
Why is it that SWA always has to be different? I am going to present a proposal to the union to see your 45 and raise (lower in this case) you to 44. Since I am 47 I realize that I would owe three years new pilot back pay if it changes but hey, nothing is too good for our new pilots. Hey, I have another idea! If I quit today and was rehired as a "NEW" pilot, I wouldn't owe the backpay and I would then receive the new pilot supplemental pay until I was 50, or 44 or whatever. It is so confusing. You see at CAL we have a "new pilot" exemption that designates you "new" for five years; therefore, I only have to quit and get re-hired three more times to complete a career without taking the "supplement the new pilots" pay cuts. I will have to crunch the numbers but I think I am on to something here. If age 60 plus comes to CAL, we already have a proposal before the MEC to put our 10 percent remaining salary toward a management stock option fund. Here's how it works: Management takes our money and has the option to buy stocks for themselves or simply take the money in a cash payout. That's why they call it a stock option you see. And we, unlike SWA don't have to pay for jet fuel. Most pilots at CAL don't have good credit; therefore, no credit cards. We pay for landing fees and meals at mealtime for our passengers and have the company make the deductions via payroll deduct. Additionally, the company is updating the software in the FMC to accept routing number and checking account information from both pilots. Upon touchdown the FMC initiates a bank withdrawl request from whoever flew that particular leg. If that day comes I can assure you that my FO's will be getting 99 percent of the legs. This is information that guys like bluffmaster need to know. I didn't learn any of this stuff until I got on the line and by the time I figured it out SkyHigh wasn't hiring anymore - Just my luck...
#13
yup
Originally Posted by Boneman
You have way too much time on your hands. Shouldn't you be looking at open time or something?
#14
Gets Weekends Off
Joined APC: May 2005
Position: B777/CA retired
Posts: 1,502
At the New US Airways we are thinking outside the box, just like the World's Largest Low Cost Full Service Low Paid Airline (tm) should. Instead of going to new hire pay (we won't have those guys for quite a while) our paychecks will instead go into the CEO compensation program. Since Doug Parker just announced compensation of over 3.5 million dollars it will take a lot of sacrifice from the pilot group but by golly we are all over this like a jimmy hat.
Here at the New Us Airways remember that bonus is 2 words : Bone - us.
Here at the New Us Airways remember that bonus is 2 words : Bone - us.
#15
plan
Originally Posted by cactusmike
At the New US Airways we are thinking outside the box, just like the World's Largest Low Cost Full Service Low Paid Airline (tm) should. Instead of going to new hire pay (we won't have those guys for quite a while) our paychecks will instead go into the CEO compensation program. Since Doug Parker just announced compensation of over 3.5 million dollars it will take a lot of sacrifice from the pilot group but by golly we are all over this like a jimmy hat.
Here at the New Us Airways remember that bonus is 2 words : Bone - us.
Here at the New Us Airways remember that bonus is 2 words : Bone - us.
Sounds like a progressive business plan. Doug Parker has to eat too you know!
#16
Since a 30 year career is worth about 5 million dollars including retirement. We have negotiated a interesting pay scale at our airline. First year pay is 3 million but then never get any more money. It works out because you can invest the money and make out OK.
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