View Single Post
Old 07-02-2018 | 10:06 AM
  #394  
benzoate
Line Holder
 
Joined: May 2012
Posts: 1,571
Likes: 86
Default

Originally Posted by mikenike
Selling PTO is the equivalent of working an 18 hour trip that I don't have to work. Every month.

I understand most pilots don't sell PTO at premium. They're leaving that pay on the table. By selling it I turn an 82 hour credit month into a 100 credit hour month. Every month, forever. That's what I have been doing. There is no faster way to increase take home pay than to sell PTO at premium.

It's the reason that if you call in sick, take UTO. Then, take two-thirds of it and sell that much PTO: break even. This applies regardless of your PTO accrual or longevity, as long as you have > 100 hours in your PTO bank.

I encourage everyone with the cognitive ability to use a simple four function calculator to calculate his or her own take home pay, and compare it what it will become after implementation. Do it now. When you actually see your actual monthly pay statements next year, it will be too late. Apparently the MEC doesn't have the ability to do that. Perhaps we have a special dues assessment to provide them with calculators.

I'm disgusted.
PTO sellback is and was always a scam. If you derive a portion of you earning from PTOSB then thats a YOU problem. The sole purpose of PTOSB was to compensate for the lack of vacation and the inability of pilots to be able to bid and be awarded vacation.
For years many of us lost PTO because we were unable to bid a vacation block and then the PTO would be lost. WE WANTED VACATION.

Im sorry you are losing your ability to sell something you should never have sold but the system to be implemented is industry standard and is a huge improvement.
Reply