Originally Posted by
RIPV3
So you're saying that after 10 years of growth, with an intended 15% annual growth, 50% of Spirit's pilot group will be in the bottom three years of the pay scale? You're hitting the Kool-Aid pretty hard. You're not the FO who passed out in the hallway of the wrong hotel after a night of drinking on an overnight are you?
Naw, you don’t need koolaid when you can do basic math:
15% x3 years is 45% but since it’s compound interest which goes 1x1.15x1.15x1.15 = 1.521
Yeah, the 50% is a SLIGHT underestimate but for a ballpark, yeah, that’s about half of the group will be in the first three years.
I know, math is hard.
But yes NK certainly can’t grow like that indefinitely- the population of humans on Earth isn’t growing 15% annually.
But preCOVID they were cooking right along at a 15-17% annual growth rate.
They certainly can’t keep that growth rate up forever but as long as they can keep it up the bottom half of the seniority list is ALWAYS going to be three years or under - at least after the 2020 COVID distortion ages out.
And no, I wasn’t the FO who passed out.
