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Old 09-10-2017, 11:59 AM
  #91  
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Originally Posted by Feng
What if it was an ultra low cost obgyn / hospital that charges less for delivery and pre delivery services by providing a no frills / no pamper accommodations along with lower labor cost? The doctor signed on initially and agreed to work for 30-60% less than doctors at traditional practices, and all of a sudden demand to be paid like traditional practices even though the business model is not setup to have the same revenue as a traditional operation? Perhaps he/she should quit and find employment in a traditional office.

Oh it's not absurd or unreasonable at all that people are saying they won't agree to $500/hr with 50% DC if pbs or no changes to LTD is involved. Jeeesh, I wonder if anyone would underwrite a private LTD plan now that you can spend that extra 300K/yr you'll be making for premiums.
In your analogy, the underpaid OB-GYN WILL eventually leave for the higher-paying hospital, and if the budget hospital can't afford more OB-GYNs at that rate, they'll be forced to close up shop.

One of my best friends is a dermatologist, and he was appalled and shocked when I told him I could make 2x the money flying corporate, with more time off--he was shocked that I would ever work even a single day more for anything less than top-dollar per hour served, regardless of any changes to job security or QOL.

Doctors are 1000x more cynical and cut-throat about getting their money and seeking the highest rate possible per service rendered--maybe that's why their profession has maintained its prestige and high wages/benefits over time (I'm speaking of specialists--not primary care docs).
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Old 09-10-2017, 12:22 PM
  #92  
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Originally Posted by flapshalfspeed
Airlines pay the market rate for fuel, real estate, parts, etc.. They got away with paying below market-rate for pilots for a very long time, because we just went through the worst two decades of aviation employment in US history, all while printing out 250 hr zero-to-heroes that whole time. Labor supply was basically unlimited, so airlines got away with paying bottom dollar.

But like all things, in the long-run, you cannot escape market forces for any business input--Econ 101 always wins in the end (for any limited resource). Even if the 1500 hour rule and age 67 were passed (I hope to god they don't), I firmly believe airlines would still eventually be forced to pay up for pilots--just 5 years or so later. It's a simple long-term market adjustment to the cost and time-investments of training vs. the career outlook/cost/time-investment in other fields, and also a declining millenial-cultural interest in operating machinery with their hands versus building/designing it on a screen.

If your management team reached the expiration of a commodities contract for fuel, and then refused to pay the prevailing (higher) market rate for fuel in the future, fuel suppliers would very quickly stop supplying you with fuel. They'll eventually be forced with the same dilemma if they do not pay you market rate, whether by force from the NMB, or by the force of your feet leaving for greener pastures.

None of the above is emotional or irrational at all--these are not opinions--these are all simple, cynical statements about how the world of business operates in modern capitalist societies. Businesses that cannot generate sustainable profits when paying the prevailing market rate for all costs of doing business--fuel, parts, mechanics, pilots, etc.--are a drag on the US economy and stock markets and they will be eliminated from the sector in the long-run.

I have a lot of buddies over at Spirit and I'm highly confident your management team can afford to pay you market rate and thrive. I believe the same thing for our group here at B6.

Yup and the B6 guys will be there for you. Good luck guys, do they make wings with double battle stars?
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Old 09-10-2017, 12:26 PM
  #93  
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Hey feng!

Everyone's got you figured out. You should be more creative when picking a user name. The Financial Executives Networking Group now go away!

100%
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Old 09-10-2017, 01:13 PM
  #94  
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If you all insist on engaging the troll feng please stop quoting it in your responses. Put it on ignore like I did. I don't care what the troll says and would prefer not to read it.

Thanks all.
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Old 09-10-2017, 01:32 PM
  #95  
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Originally Posted by beech_nut
If you all insist on engaging the troll feng please stop quoting it in your responses. Put it on ignore like I did. I don't care what the troll says and would prefer not to read it.

Thanks all.
If only they would. Don't hold your breath for it though, too many masochists here...
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Old 09-10-2017, 01:47 PM
  #96  
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I did ignore, but unblocked him cause it's kind of like watching a train wreck. I just can't look away. But I did stop using the respond button and quoting him!

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Old 09-10-2017, 01:51 PM
  #97  
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Originally Posted by Squeaky banana
I did ignore, but unblocked him cause it's kind of like watching a train wreck. I just can't look away. But I did stop using the respond button and quoting him!

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Speaking of Trainwreck, This place is once again falling apart. Numerous computer/system issues today.

Scheduling Que is 54 deep, SMH
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Old 09-10-2017, 01:52 PM
  #98  
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Haha... Doesn't surprise me. I'm on a long efficient 40 hour layover... Glad I'm not dealing with it right now...

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Old 09-10-2017, 01:54 PM
  #99  
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Originally Posted by Chimpy
Speaking of Trainwreck, This place is once again falling apart. Numerous computer/system issues today.

Scheduling Que is 54 deep, SMH
But I'm sure it's the pilots fault somehow... I know, we are the ones burning the fossil fuels and causing global warming, hence the really strong hurricanes. I wonder if that would be considered concerted?

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Old 09-10-2017, 04:02 PM
  #100  
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Originally Posted by flapshalfspeed
Airlines pay the market rate for fuel, real estate, parts, etc.. They got away with paying below market-rate for pilots for a very long time, because we just went through the worst two decades of aviation employment in US history, all while printing out 250 hr zero-to-heroes that whole time. Labor supply was basically unlimited, so airlines got away with paying bottom dollar.

But like all things, in the long-run, you cannot escape market forces for any business input--Econ 101 always wins in the end (for any limited resource). Even if the 1500 hour rule and age 67 were passed (I hope to god they don't), I firmly believe airlines would still eventually be forced to pay up for pilots--just 5 years or so later. It's a simple long-term market adjustment to the cost and time-investments of training vs. the career outlook/cost/time-investment in other fields, and also a declining millenial-cultural interest in operating machinery with their hands versus building/designing it on a screen.

If your management team reached the expiration of a commodities contract for fuel, and then refused to pay the prevailing (higher) market rate for fuel in the future, fuel suppliers would very quickly stop supplying you with fuel. They'll eventually be forced with the same dilemma if they do not pay you market rate, whether by force from the NMB, or by the force of your feet leaving for greener pastures.

None of the above is emotional or irrational at all--these are not opinions--these are all simple, cynical statements about how the world of business operates in modern capitalist societies. Businesses that cannot generate sustainable profits when paying the prevailing market rate for all costs of doing business--fuel, parts, mechanics, pilots, etc.--are a drag on the US economy and stock markets and they will be eliminated from the sector in the long-run.

I have a lot of buddies over at Spirit and I'm highly confident your management team can afford to pay you market rate and thrive. I believe the same thing for our group here at B6.



Great post!
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