Skywest
#11
They'll raise first year pay before paying bonuses, this way they can spread compensation out over a period of time. Even if they raised pay $3-$6/hr., it would still be cheaper for them than paying a bonus. This slight raise might create enough interest in SKYW to create "Ship-jumpers" from other airlines.
#12
I believe they will soon. I was talking to Mr. Hyatt and he said its being looked into the only problem is at upgrade times within two years the low time guys won't have enought time to upgrade.
#13
Gets Weekends Off
Joined APC: Jan 2006
Posts: 222
This is a race to the … TOP. All these airlines desperate for pilots will start offering more and more money. New hires will go with the highest offer. Those airlines that lag behind in compensation will be wiped out. Six figure starting salaries will be expected.
Well, maybe not!
Well, maybe not!
#14
Gets Weekends Off
Joined APC: Jun 2006
Position: Part 121, 135 & Military background
Posts: 379
Why not?? They could shorten the training program, thereby reducing the overall cost of training. (That's what CHQ is doing.) They get to keep their insurance down because they'll have relatively experienced pilots. They wouldn't have to raise pay to the whole seniority list. I think this may be the direction that SkyWest would prefer to go instead of lowering mins. But who knows. I of course would prefer they just raise pay across the board to encourage pilots to come over, but that's a pipe dream. If CHQ finds that this bonus program works for them, I would expect all the carriers that have large hiring needs to follow them down that path. Perhaps they'll try Eagle's guarantee for a base thing, but most of our large bases can be held pretty early, so I don't think that'd be a major attractor to SkyWest. Like I said, they may have to EVENTUALLY lower them, but I wouldn't expect them to start doing that real soon. The cost to them to give bonuses would probably be lower than the increase in insurance costs if they started hiring lower time guys.
I could be guessing here but.... I don't think the experience level of the F.O. is a big factor in the insurance that an airline pays. The time requirements of the captain might be an issue but I'm not even sure about that. Plus some airlines are self insured anyway.
#15
They'll raise first year pay before paying bonuses, this way they can spread compensation out over a period of time. Even if they raised pay $3-$6/hr., it would still be cheaper for them than paying a bonus. This slight raise might create enough interest in SKYW to create "Ship-jumpers" from other airlines.
$3 x 900 hours (75 hrs at least per month x 12 months) = $2700
$4 x 900 hours (75 hrs at least per month x 12 months) = $3600
$5 x 900 hours (75 hrs at least per month x 12 months) = $4500
$6 x 900 hours (75 hrs at least per month x 12 months) = $5400
Or a $2500-$3000 bonus? Apples and Oranges right?
It could cost the company more to increase pay than give a bonus, especially seeing that pilots aren't sitting reserve for very long and end up crediting 85-95 hrs per month. In that case a $3000 bonus is less than increasing first year pay.
Not to mention that if SKW offers a bonus they can resend the offer at any time where a bump in first year pay is a little more complicated. Don't get me wrong, I'm all for the bump in pay and think that it should happen for more than just this reason.
Last edited by JetJock16; 04-05-2007 at 01:43 PM.
#17
Gets Weekends Off
Joined APC: Jun 2006
Position: Former EMB 120 Jr. Water Boy, CRJ newbee
Posts: 373
They'll raise first year pay before paying bonuses, this way they can spread compensation out over a period of time. Even if they raised pay $3-$6/hr., it would still be cheaper for them than paying a bonus. This slight raise might create enough interest in SKYW to create "Ship-jumpers" from other airlines.
#18
#19
RBC,
I could be guessing here but.... I don't think the experience level of the F.O. is a big factor in the insurance that an airline pays. The time requirements of the captain might be an issue but I'm not even sure about that. Plus some airlines are self insured anyway.
I could be guessing here but.... I don't think the experience level of the F.O. is a big factor in the insurance that an airline pays. The time requirements of the captain might be an issue but I'm not even sure about that. Plus some airlines are self insured anyway.
Ellen-if they raise first pay that goes to everyone, not just brand new hires, they would avoid that if they could, but I hope you're right, cause $19 a hour is too low.
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