Originally Posted by
scambo1
Sadly, you do not have the historic facts. So, you cannot be expected to make a rational decision. You arrived on the doorstep with what is currently on the buffet table.
Why would you be willing to trade profit sharing that is worth 21-22% this year for a 15% raise (which is actually a 6% compensation cut)? Are you defective?
Talk to the captains you fly with and get educated about what was taken from the pilot group. You really haven't earned an opinion on the topic...to be blunt.
When you are off probation, you will get a vote. Make it an educated vote...not an "it's better than the military" vote.
This is commercial aviation. I don't do this job pro bono. I do it to get paid.
The only place I'm willing to trade profit sharing is for 20% defined benefit in my 401k. That'd make it somewhere around 35% per year, now that's a retirement!
With this trade to the 401k, or not touching the profit sharing at all, I'm fine with the raise they presented last time that returned us to 2k rates uncorrected for inflation. 8/6/3/3 is fine to me too, but don't fund it with my PS.
2007 hire, with a vote, and I just put the above numbers in my DALPA survey. My last vote was no, and I've never been anything but glad I voted that way. I'm looking forward to my full profit sharing check next year. I echo the opine that it is ridiculous to fund our own raises with profit sharing. I won't accept any reduction in profit sharing for pay.