I guess now we know
#91
Gets Weekends Off
Joined APC: Dec 2010
Posts: 977
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.
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.
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).
#92
Gets Weekends Off
Joined APC: Oct 2012
Position: 190 captain and “Pro-pilot”
Posts: 2,931
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.
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?
#93
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%
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%
#95
If only they would. Don't hold your breath for it though, too many masochists here...
#97
Scheduling Que is 54 deep, SMH
#99
Sent from my SM-G950U using Tapatalk
#100
Line Holder
Joined APC: Apr 2017
Posts: 81
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.
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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