Originally Posted by
1stCivDivPilot
Generous math here.......
20,000 X 1000 FOs = 20 mil over 2 years so......... nickels.
The new hire bonus in pennies as we haven't hired that many and most aren't prior 121.
There's a reason we have not seen serious hiring with this "bonus." You can still make $10k+ more a year other places and some of those places do it without a bonus that can get turned off on a whim.
I'll gladly take their money but this 10k a year isn't going to keep some of us from going to Endeavor. It definitely won't keep people from going to Frontier or Spirit.
The cost of the retention bonus is far lower than the cost of even a $10/hr raise for our 1150 pilots. That's not even being the best pay out there among our competitors. I'm not saying we should be the best pay out there for a regional, but not being bottom level is crucial for growth. In an earlier post I stated that the bonus was nickels and dimes. Perhaps I should have said the bonus is nickels and dimes compared to what it would actually take to bring pay up comparable to competition for new hires.