Originally Posted by
XSive
Quick question: How do they calculate the 321 overide pay?? Right now it says its a rate of 1.01. Which to me means its a 1% multiplier in our pay. I bring this up because using the numbers that they provided in the Bid Pack for March, I came up with the 321 accounting for 10.67% of hour block hours. So again, how do they calculate the multiplier to come up with our pay. Are we being shorted??
Your monthly credit, say
88:24 (or 88.4) x 1.01 = 89.284
89.284 - 88.4 = 0.884
.884 x your hourly rate, say $100/hr = $88.40 should be on the A321 Override line
Section 3
L. 1
In the event the Company fails to make the correct direct deposit in accordance with this section into the pilot’s direct deposit account, the Company will reimburse the pilot so that he is made whole for all associated financial impact (e.g., overdraft fees, insufficient fund fees, loan payment late fees, etc.) in accordance with the timeline referenced in L.4 below.
L. 4
When a pilot’s pay is short by more than $100 through no fault of his own, as a result of an error, which does not require interpretation of the contract, the pilot will be paid via overnight mail (the pilot will be furnished the tracking number) or direct deposit within two business days from the point when it has been confirmed that the error has occurred. Errors in the computation of pay involving a shortage of less than $100 shall be paid on the next check following confirmation. Confirmation will be made within four business days of when the error is brought to the Company’s attention.