Supposedly we'll be above WN's current 737 pay in 2015 with this turd... at 216.92 vs. their 216.22. 12 year 777 CA rate= fdx's in 2015.
Originally Posted by
slowplay
And at that payrate WN pilots get zero in retirement contributions. Delta guys will have 15%. With WN's max contribution (9.3% matching, requiring a 10% pilot contribution) their hourly rate is $194.60, and a total cash compensation rate of $236.33. The Delta total rate will be $249.46.
Wait, what?? If SWA pilots are getting 216.22 and they contribute 10% to their 401k, they are still getting paid 216.22, their hourly rate does not change. Then you add the additional contribution to the 401k that the company adds, and their total goes to
236.76.
If we are making 216.92, and we get 15% added to the DC, that would be that 249.46 that you mentioned.
If you are going to consider 401k pay as total compensation,for them you have to do it for us too.. so the gap isn't nearly as big as you are trying to sell... almost $13... 3 years from now.