Go Back  Airline Pilot Central Forums > Airline Pilot Forums > Major > Spirit
Tax plan and profit sharing >

Tax plan and profit sharing

Search

Notices

Tax plan and profit sharing

Thread Tools
 
Search this Thread
 
Old 12-22-2017, 02:17 PM
  #11  
Gets Weekends Off
 
Joined APC: Apr 2017
Posts: 119
Default

Originally Posted by Lincoln Osiris
But but but I thought trickle down economics was a sure thing! LOL
At places like AT&T, Comcast, Wells Fargo and Fedex there are plans on giving back to employees but here at Spirit it will be used for management bonuses and stock buybacks.
No soup for you.
Flyondawall is offline  
Old 12-22-2017, 05:06 PM
  #12  
Thpirit wingths
 
Acehole's Avatar
 
Joined APC: Mar 2017
Posts: 141
Default

Originally Posted by Flyondawall
At places like AT&T, Comcast, Wells Fargo and Fedex there are plans on giving back to employees but here at Spirit it will be used for management bonuses and stock buybacks.
No soup for you.
http://www.youtube.com/watch?v=GaVM5mD1lO8
Acehole is offline  
Old 01-11-2018, 08:26 AM
  #13  
Gets Weekends Off
Thread Starter
 
Joined APC: Oct 2010
Posts: 4,603
Default

https://www.wsj.com/articles/will-ai...all-1515683863

In this article the Wall Street journal they say the airlines will be bigger beneficiaries from tax reform than other multinational companies because the majority of their income is made in the United States. Delta has already upped their forecast for 2018. So airbus captains making $300k will see even higher profit sharing checks. This trend will be seen across the industry while Spirit refuses to pay industry standard pay and no profit sharing.

Go take a look at the W2 thread in the majors section and realize what crooks our Management group are. Let’s hope they decide to toss us a real TA and not crumbs.
Qotsaautopilot is offline  
Old 01-11-2018, 02:47 PM
  #14  
Line Holder
 
Joined APC: Aug 2011
Posts: 93
Default

Because of the tax bill, over 80 companies have announced bonuses or new employee benefits. Even Walmart is raising their starting wage from $9 to $11 and giving some bonuses to long term employees. I doubt Spirit will do anything, though.
otter1 is offline  
Old 01-11-2018, 03:24 PM
  #15  
Gets Weekends Off
 
Deathwish's Avatar
 
Joined APC: Mar 2017
Posts: 270
Default

Look, if Spirit wants to give out any employee appreciation money it won’t happen until after negotiations are finished, it undermines their position. Even then if they don’t want to that’s their prerogative. “Well run companies” (their words) see the value in having an employee base with high morale; they work harder to further increase the company’s profitability. Hopefully Spirit understands this and acts accordingly in the future...
Deathwish is offline  
Old 01-11-2018, 04:15 PM
  #16  
Gets Weekends Off
 
FML666's Avatar
 
Joined APC: Apr 2017
Position: Discount Pilot
Posts: 183
Default

Originally Posted by Deathwish
Look, if Spirit wants to give out any employee appreciation money it won’t happen until after negotiations are finished, it undermines their position. Even then if they don’t want to that’s their prerogative. “Well run companies” (their words) see the value in having an employee base with high morale; they work harder to further increase the company’s profitability. Hopefully Spirit understands this and acts accordingly in the future...
JetBlue employees are getting appreciated. I hope that undermines the company's position so the pilot group can get a new contract that we can then use as leverage.
FML666 is offline  
Old 01-11-2018, 06:03 PM
  #17  
Gets Weekends Off
Thread Starter
 
Joined APC: Oct 2010
Posts: 4,603
Default

Originally Posted by otter1
Because of the tax bill, over 80 companies have announced bonuses or new employee benefits. Even Walmart is raising their starting wage from $9 to $11 and giving some bonuses to long term employees. I doubt Spirit will do anything, though.
I couldn’t care less about a $1,000, granted I’ll gladly deposit it if given. I want a piece of the pie in perpetuity in the form of an industry standard not lagging TA and profit sharing to capture a piece of their massive windfall.
Qotsaautopilot is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
kija594
United
64
03-05-2017 04:53 PM
RyanP
Regional
29
03-23-2016 07:27 PM
pileit
Delta
280
11-05-2015 11:14 AM
SlickMachine
United
193
01-05-2012 09:36 AM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices