Originally Posted by
trustbutverify
With the caveat that I do not support the straight longevity pay system, I'll add this to what Army suggests:
A longevity pay system would need a significant narrowing of the pay gap between CA and FO. Our current pay structure entices some senior guys to camp out on the FO seat allowing out of seniority CA bids - that's a sizeable pay increase. With the longevity system, that opportunity would disappear. A lot of guys would be stuck in the FO seat for much longer, base dependent of course.
Many years ago someone fairly smart wrote a long letter on the effects overall of a longevity based pay system. Essentially it eliminated choice. Imagine how long new hires would be stuck in NY!