View Single Post
Old 12-06-2016 | 02:32 PM
  #66  
Denny Crane's Avatar
Denny Crane
Gets Weekends Off
 
Joined: Sep 2008
Posts: 6,971
Likes: 0
From: Kickin’ Back
Default

Originally Posted by Elliot
I gotta be honest with ya Denny, that's not how I interpret the "monthly pay" section of the contract. (Not trying to be argumentative. I have been known to be wrong ONCE before....)

The contract states:

A pilot will receive his earnings for a (DECEMBER) bid period in the form of two semi-monthly payroll checks:

1. An end-of-month (EOM) partial payment on the last business day of the corresponding calendar month (e.g. December) in the amount of one-half of the reserve guarantee at his composite hourly pay rate as of the date of the payment, and

2. A consolidation payment on the last business day prior to the 16th of the following calendar month (e.g. January) for the difference between his total earnings for the bid period and the amount of his EOM partial payment, if applicable.
I've, obviously, been wrong in my understanding! You are absolutely right. Good thing I'm not a lawyer!

Denny
Reply