Originally Posted by
jetlink
Your PEA guarantees only 5% 401K matching contribution. Other airlines 13% to 18% no matching required. The rest 5% and now additional new 3% is at company discretion - the board can take it away whenever they decide it's too expensive; just like your joke medical insurance keep changing every year. Without CBA, this will continue for ever. Right now JB management gives more on one side, but takes away from the other side.
Now, just because you liked what you got when you came to JB, it doesn't mean we should stop there and don't try to improve. I'm sure 5% 401K with 100% matching in your previous airline was a dream, but this is not TSA, ASA, or Republic, this suppose to be a major airline with benefits of major airline, and because people are willing to fight for better compensation package, individuals like you will benefit from it.
Attitudes like "Don't like it here - leave" keeps airlines like Republic in business, because pilots are not willing to step up and complain. If I want to stay in JB, I want JB to improve, and offer me a better compensation for my experience, and hard work, otherwise I'm leaving for a better deal, just like board of directors and other managers, and investors do. JB is making record profits, they promised to share those profits with employees, that made it happen. What we get, another empty promise and carrot of Orgazmic Growth and investment in the future, instead a reward for job well done, an old corporate trick. In the mean time our CEO's base pay has risen almost 50% since last year based on JB performance, and he makes, in one year, more the an average pilot will make in entire lifetime, if that pilots makes $100K entire time . But, it is difficult to convince those pilots, who get hard on, by only looking at bigger the RJ plane, and willing to fly for free.
One day, some pilots will understand that providing for your family is not achieved by only showing up to work and working hard, but have self respect and demand recognition for your skills and dedication, and keep advancing in your career until you achieve a deserved recognition.
I think all those posts represent a true JB pilot group: 50% juicers, sold on everything CEO and VP sells them, and 50% realists, that saw all the tricks in the industry and are tired drinking blue juice. There is a hope in upcoming 2013, that finally we all may see an airline industry recognition for experience, when retirements in US and demand for pilots in Asia will hit the market.