Originally Posted by
80ktsClamp
It still doesn't make his statement not downright stupid. All the early outs have gone to the same age range, so 300 would be better than 191. As per your example, this "bump" will evaporate over 3-5 years... and to top it off, they didn't backfill beyond one layer either.
My seniority number has gone up, but I'm more junior than I was in 2008.
This is a different but still a very valid point. I liken it to climbing up a rope burning from below. If you are one foot from the bottom and climb 10 feet yet 10 feet of the rope has burned you are still - 1 foot from the bottom!
But seriously, early retirees generally benefit the top 1/3 more than any one else. For example lets look at a pilot group of 100 of which 25% retire early:
100-75% Sitting on the beach somewhere with umbrellas in their drinks.
75-50% - Now the top 1/3 huge QOL improvement.
50-25% - Now the middle 1/3 moderate QOL improvement.
25-0% - Still the bottom 1/3 complaining about the reserve bucket system.
Early retirees with no hiring definitely has some value, and could at times prevent and /or lessen furloughs but the benefit is not evenly spread throughout the Pilot group.
This is exactly what happened around 2005 with the Lump sum departures. Thousands of Pilots left early and many of the more senior Pilots moved up nicely, but the bottom dudes were still on the bottom.
Now it was definitely a benefit - look at the AMR and UAL situation and you will realize this, but the bottom line is when you are on the bottom of the list given a choice you would definitely want new hires below you not early retirees off the top.
Scoop