Originally Posted by GuppyPuppy

They changed the formula before we agreed on our first contract. There was nothing we could do about it. They gave everyone an 8% raise when they changed it saying, "It's better to have the money up front, right?". The thing is, they knew we were getting close on a pilot contract and wanted to find a way to not pay out unless we made a ridiculous amount of money. The thing is, that 8% raise brought our agents and rampers up to par with their peers. The company sold it as kind of 'profit sharing up front'.

Also, there is a "cliff" to our profit sharing. They used to call it "guaranteed profit sharing" where you would get 5% of your wages put in to your retirement account no matter if a profit was made or not. That cliff applies to the pilots as far as profit sharing goes. In 2018, the profit sharing amounted to 5.2%. Since the cliff is in place, we were only paid 0.2% for profit sharing for 2018. Do the math. Most pilots saw a check for less than $400.00. Most agents/rampers saw about $40.00.

Evil.

GP