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Old 05-23-2012 | 10:26 PM
  #6  
shoelu
Gets Weekends Off
 
Joined: Jun 2007
Posts: 1,207
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From: CA
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Originally Posted by forgot to bid
SWA guys, what is your 401K matching program? It says 9.3% on APC, but how does it work?
FTB, I was going to reply to the longer post before you edited it, but I will try to explain some of the "fuzzy" math that you previously described.

To the first question: We receive 9.3% as the maximum amount from the company. To receive the maximum amount of match from the company the pilot must contribute 10% to the 401K because fractions are not allowed in the 401K system.

In response to the other questions, there is no real good way to compare Delta pay (or any group based on hourly rates) to SWA pay. The metric that is on APC to convert SWA pay to hourly is flawed. It is all completely variable at SWA versus the straight up hourly paid at other airlines.

To further muddy the murky waters, here is the relevant language:

F. STANDARD / NON-STANDARD TRIP
For purposes of this Section, a "standard trip" will be any trip for which the nonstop mileage
according to the CAB book of airport to airport mileage is two hundred forty-three (243) miles or
less. If CAB book does not have airport to airport mileage listed, DOT published figures will be
used between airports.
A non-standard trip will be any trip for which the non-stop mileage according to the CAB book
of airport to airport mileage exceeds two hundred forty-three (243) miles. Non-standard trips will
be paid at the rate of one standard trip plus one-tenth (.10) trip for each forty (40) mile increment
over two hundred forty-three (243) miles, rounded up or down to the nearest forty (40) mile
increment.
In the event there is in effect during the term of this Agreement a non-standard trip pay formula
for Southwest Airlines Flight Attendants which would, if applied to Southwest Airlines pilots, be
more beneficial to the pilots, then such non-standard trip pay formula used for flight attendants
shall also apply to pilots.

To further muddy the waters here is what happens when it gets interesting:

OVER-SCHEDULE/OVER-FLY
1. An over-schedule override will be computed for each flight based upon each flight equal to
one (1) paid trip, plus one tenth (0.1) trip for each five (5) minutes in excess of fifty-five (55)
minutes, truncated to the nearest five (5) minutes. If this value exceeds the value under the
non-standard trip formula, the flight will pay the override value.
2. In addition to the non-standard trip adjustment contained herein, pilots will be paid, where
applicable, an additional over-fly premium component for flights which actually operate in
excess of scheduled block time. Such premium will apply to each flight segment and will be
paid at the rate of two-hundredths (0.02) trip for each one (1) minute which a flight operates
in excess of such flight's scheduled block time, excluding, however, the first four (4) minutes
which such flight segment is in excess of schedule. Inflight diversions, enroute stops, and
returns to the gate are subject to the over-fly premium. Over-fly premium will be added to
the trips actually flown. Trips flown will be compared to daily or trip RIG and will pay the
greater.

Good luck putting that in a spreadsheet!
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