Originally Posted by
teddy3412
Because they were told the current rate was based on 83 hours a month. So they think it takes 83 hours every month to make the same amount when in reality it takes what you just said to credit the same amount.
Very interesting. I just did the math comparing a 10 year 900 Captain and found the same thing, that there is a difference of about $2,220 comparing the current book with bonus to TA without. In that case, one would have to work a maximum of an extra 1.6 hours per month to make up the difference.
I think what they are saying is that, at 83 hours worked before AND after the TA, there would be no difference in pay. But this is confusing because people think that if they are currently working 75 hours a month that they must now work 83 to break even. For someone like me, if I were currently crediting 75 hours I would have to now credit 76.6 in order to make the same pay, all other variables being the same.
The math:
CR9 10 to 11 year 2018 = $88.21
CR9.TA 10 to 11 year 2018 = $111.3
$88.21 x 75 x 12 = $79,389 (plus $23,000) = $102,389
$111.3 x 75 x 12 = $100,170 (difference of -$2,219)
$111.3 x 76.67 x 12 = $102,389