Originally Posted by
Globemaster2827
The "1/3rd" comment was an obvious play on the video. However, large percentages at Atlas don't contribute to their 401k's meaning they probably have no retirements. The retirement program we do have is one of the worst in aviation. I personally recommend putting back more than the 5% match on 10%. Of course that effectively reduces what you make... Retirement is the most important thing Atlas pilots need in my humble opinion.
If you don't contribute to a 401k, then irregardless of pay you're an idiot. Atlas pilots may be paid way under the going rate but its still well over the national median income. Its inexcusable to say you can't afford to contribute especially when the company is offering essentially free money as a contribution. Doesn't matter if its 1, 5, or 16% you're basically telling the company "no thanks" to a ton of tax free money.