Originally Posted by
BlackRocket
DAL Compensation calculations:
Assumptions; 1,000 hrs/year @ 12 years pay seniority
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Current B-777 Captain
$272 x 1,000 = $272,000 + 20% PS = $326,400
New TA 2015 B-777 Captain with 2016 pay rates
$311 x 1,000 = $311,000 + 10% PS = $342,000
That's a 2016 4.8% raise
+ 1.0% 401K contribution is a total aggregate of 5.8%
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Current B-777 FO
$185 x 1,000 = 185,000 + 20% PS = $222,000
New TA 2015 B-777 FO with 2016 pay rates
$212 x 1,000 = $212,000 + 10% = $233,200
Thats a 2016 5.0% raise
+ 1.0% 401k contribution is a total aggregate of 6.0%
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Current B-737 Captain
$219 x 1,000 = $219,000 + 20% PS = $262,800
TA 2015 B-737 Captain with 2016 pay rates
$251 x 1,000 = $251,000 + 10% = $276,222
That's a 2016 5.4% raise
+ 1.0% 401k contribution is a total aggregate of 6.4%
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Current B-737 FO
$149 x 1,000 = $149,000 + 20% PS = $178,800
TA 2015 B-737 FO with 2016 pay rates
$170 x 1,000 = $170,000 + 10% PS = $187,000
That's a 2016 4.5% raise
+ 1.0% 401k contribution is a total aggregate of 5.5%
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Cliff's Notes
*Between the most senior pay rates from B-777 Captain to a 12 year B-737 FO...the average pay raise is appx. 5.5%
Add in the 2017 & 2018 3% pay increases and you end up having an 11.5% raise.
Consider the options of turning down TA 2015 carefully.
If disapproved, we can end up going to arbitrage and dragging this out for 2-3 years for only a couple percent more. Then we will be ready for a new contract. Also, the arbitrator's directed to meet just industry standards.
Consider all the facts carefuly and vote wisely!
B-R
You are a little late to the party. Most guys here have read the Bloomberg report. We get it, there is a little more pay if we take the deal. Nobody cares. They are looking at all the concessions.
Let me make this clear, pay is not the reason to vote yes or no on this contract. It's the sweeping changes to JV agreement, sick leave, letting the MEC chairman decide what alter ego airlines gets to fly widebodies with Delta paint and a host of other problems. Do yourself a favor and quit bringing up pay. It's just not worth talking about anymore.