Originally Posted by
Brett Hull
Unfortunately I don't know many details other than it's 100% of the earnings he'd receive until age 65. I don't know if it comes in a lump sum (I assume it would) or continues as normal bi-weekly or monthly pay.
But yes, good for him. I think we'd be surprised what we'd get if we would negotiate with the correct person (read: not HR).
On the other side of that coin, I went to my boss after 8+ years flying him around the world in a large cabin corp. jet because I had an offer from a Legacy Airline and he didn't feel like negotiating. Acted like I was hurting his feelings. My job was great and I loved everything about it...except the fact that the compensation just wasn't on par with the airlines and the raises weren't keeping up either.
So I left and it took them about six months to replace me even though their initial impression was that qualified guys would be lining up. Every resume they got was from people in their 60's and people with little experience. The guy they did hire will probably leave for the majors within a year if my suspicions are accurate.
The fact is that a second year pilot at most of the majors will earn as much as a large cabin corporate captain. Airline captains earn twice as much. With the short upgrade times and massive attrition I can't understand why anybody would want to remain in the shaky corporate world.