Originally Posted by
TheManager
Junior pilots will want to hold out for a max raise. More in their 401k NOW while they are fairly new to the list and career.
Funny, 95% of the junior (less than 5yrs) FO's I flew with during that time, said they were voting yes. When I asked why in the world they would vote for a 3% raise, especially in light of 2004 rates, they usually replied it was the most money they had ever made (many had come from the rj world).
And further, they weren't really concerned about what we were paid in 2004, only what we were paid since they were hired.
I think the more new hires we have with no personal knowledge of the past, the less likely we'll ever restore our buying power to the glory days. It is what it is.
Great theory, though.