Originally Posted by
Ellen
They'll raise first year pay before paying bonuses, this way they can spread compensation out over a period of time. Even if they raised pay $3-$6/hr., it would still be cheaper for them than paying a bonus. This slight raise might create enough interest in SKYW to create "Ship-jumpers" from other airlines.
I see what you mean, but what about the math.
$3 x 900 hours (75 hrs at least per month x 12 months) = $2700
$4 x 900 hours (75 hrs at least per month x 12 months) = $3600
$5 x 900 hours (75 hrs at least per month x 12 months) = $4500
$6 x 900 hours (75 hrs at least per month x 12 months) = $5400
Or a $2500-$3000 bonus? Apples and Oranges right?
It could cost the company more to increase pay than give a bonus, especially seeing that pilots aren't sitting reserve for very long and end up crediting 85-95 hrs per month. In that case a $3000 bonus is less than increasing first year pay.
Not to mention that if SKW offers a bonus they can resend the offer at any time where a bump in first year pay is a little more complicated. Don't get me wrong, I'm all for the bump in pay and think that it should happen for more than just this reason.