Originally Posted by
BigZ
Try reading for comprehension.
You are not getting the 10k bonus year 2. You are getting either 5k or 7.5k, depending on how your doh corresponds to quarters.
Hence -
Year 2 Envoy 40 x 1000 = 40k + 7.5 = 47.5k
Year 2 PSA 52 x 1000 = 52k + 8k of the second installment of the sign on bonus received at the end of year 1 = 60k.
Bigger sign on bonus at Envoy? Okay. At PSA you get 10k year 1. What is it at Envoy these days? 17k for the shiny 22k for legacy fleets?
Pay at PSA 50 x 1000 = 50k
Envoy 38 x 1000 = 38k, so a wash on the 145 year one, and -5k on the 175.
Year 1 and 2 together
(Best case Envoy) 47.5 + 38 +22 = 107.5
(Worst case Envoy) 45 + 38 + 17 = 100
PSA 60 + 50 + 10 = 120k
So 12.5 to 20k difference by my non-dfw-175-koolaid math
It's funny how you, of all people, talk about reading comprehension.
Anyway. You, as an FO, get $20k in retention bonuses, OR you upgrade and start making higher CA pay. Which one do you want to use in these calculations? You can't just split it halfway the way you choose. Pick one.
How about this: You make $5k second year retention AND you upgrade 6 months in. You see, I can move goalposts too. Then the numbers would be;
38(1st year) + 17(175 signing bonus) + 5(5k retention year 2) + 20(half a year at 2nd year FO pay) + 34(half a year 2nd year CA pay) = 114k.
Take the 145 and you are at a tie. Or upgrade a bit later and you still have same results.
The fact is - the pay difference isn't huge in the FO side. It is much, much bigger for Captains.
Another goalpost moving exercise - you will hold a line much faster at Envoy than at PSA right now. So you can pick up a bit of OT, and those numbers flip over.
My main point is this - don't compare the FO rates, they aren't that important. CA rates are where the magic happens. And where I hope most improvements will be at.