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%
This doesn't go into effect until 1 Jan 2017, am I right?
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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