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Old 08-13-2012, 06:23 PM
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ross9238
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Originally Posted by Av8rking View Post
While this an excellent post overall, and it brings up many problems with the private sector as a whole and our plight in the current environment, I'm afraid your analogy of cutting the tops pay by 2-6% compared to our pay by 50-60% is grossly inaccurate. Since Skywest Inc. is a public company, all the higher ups pay and total compensation is viewable with a quick google search.

With roughly 4400 pilots at ExpressJet, and an additional 3200 at SkyWest, a 50% pay cut for all pilots would be about $190,000,000 per year. (based on an average salary of $50,000 per year; a low estimate according to the average salary of our pilots on google)

The only published record I could find was of the top 5 highest paid executives and that number was $3,650,000 combined (not total salary, but total compensation including stock options)

If there were another 200 "Top Executives" making $200,000 per year (which I don't believe is the case) that would be another $40,000,000. If this entire group of the top 205 were to take a 6% pay cut, that would only total $2,600,000 in cuts. That is a far cry from the $190,000,000 from the pilot group.

I understand your post was mostly to drive home a point, but using make-believe numbers to prove your point only degrades the validity of your argument.
Let's take that $190 million in savings from a paycut to your front line employees. Is there anything that will stop the 5 executives and less than 200 other executives from giving themselves a raise from this savings?
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