Originally Posted by
Binksy
Don't really care either way, but just want to correct your data. 2nd and 3rd FOs will get the $20,000 bonus (over two years) paid quarterly after their one year anniversary. So 2nd and 3rd year pay is 40.28 plus the $2,500 bonus every three months.
The company is banking on high attrition from Captains (which will happen since everyone is hiring) so that upgrades will stay around the two to three year mark and guys will not be forced to see 4th year pay (no bonus).
And to correct your data, the 20,000 is for FOs on property May 1, 2016. Which I don't think any new hires will be. So my data is correct for new hires. And there is no longer 4th year pay. You hit that rate your second year now. So EVERY FO will see their pay cap.