Originally Posted by
Mesabah
The bonus would be blended into rates at a lower rate than $25.5, it would be based on the average 83.3, meaning $23hr. 75 x 12, is 900 x $23 is $20,700, thus the $23,000 is reduced to that $20,700 for all pilots. You have to pick up more flying to make up the difference.
The proposal looks good on paper, in practice it is a disaster to most.
Ok so $50/hr x 75hrs=$3,750 x 12 mos = $45,000 + $23,000=
$68,000
If we increase to 80 hrs/month 5x12=60x $50= $3,000 +$68,000=
$71,000.
Or 85hrs month is another $3,000 to $74,000/yr.
$73/hr x 75 hrs= $5,475 x12= $65,700 /yr
$73/hr x 80 hrs =$5,840 x 12 =$70,080/yr.
$73/hr x 85 hrs=$6,205 x 12 =$74,460/yr.
So it appears that you have to credit 85 hrs or more per month
Otherwise it's a pay cut with a $23/hr raise.
If payscale goes to $75/hr x 75 hrs=$5,625 x12= $67,500
$75/hr x 80hrs= $6,000 x12 = $72,000/yr
$75/hr x 85hrs = $6,375 x 12=$76,500/yr.
But with a $25/hr raise its basically a break even if you credit only 75hrs/month otherwise its a raise