Thread: Attrition
View Single Post
Old 09-10-2022 | 06:23 AM
  #1974  
Excargodog's Avatar
Excargodog
Perennial Reserve
 
Joined: Jan 2018
Posts: 14,246
Likes: 257
Default

Originally Posted by CincoDeMayo
It doesn’t seem stupid that you just proposed hourly rates that are less than JBLU LOA rates for everything not 1st year FO?

It’s one thing to be dumb enough to say what you’ll take in public. It’s an entirely different kind of stupid to state you will take less than what JetBlue is already being paid, while we work towards being JetBlue pilots.
Originally Posted by dualinput
I’m not even going to quote him it’s so completely stupid.

In the next round no one’s pay rates will be starting with a 1 in either seat. Get a clue and stop undermining our NC, our soon to be JNC, and every NC currently out there negotiating


And how many first year CAs do we have? Well, none, actually. And we are damn unlikely to have any more three year CAs even if we don’t rein in attrition. So those first year CA rates you are talking about? THEY DON’T EVEN COUNT. And what is 220 x 1.05^12 x 1.08 X1.06 x1.06 for the next two and a half years compared to what we are making now? Well let’s see:

Have you never heard of compound interest? Do the frickin MATH. $220K times 1.05^12 is is 1.796. Our 12 year CAs, which we do have - would be making $396 K x1.08 the first year plus the increased DC. And that’s just the first year. That would go up by 6% - a measly $24k a year plus 17% DC, on the next subsequent year

THERE’s nothing that shows how foolish know-it-alls are than their inability to do compound interest. Thank God you know-it-alls have dispatchers to figure your reserve fuel for you. You are the ones demonstrating how stupid you are. My father knew better than to bite on that one when I tried to get him to bite on the compound interest trap for my allowance - when I was eleven years old.

THE SAME THING GOES FOR OTHER NONLINEAR RAISES. An LOA TODAY - just bringing us up to JB pay will pay us more over the next two and a half years than a CBA six months before the merge giving us JB plus 20% - especially when you consider the time value of money.

So yeah, maybe we ought to talk things up on boards rather than deferring the negotiating to people that obviously either can’t do high school level math or are just so damn arrogant and self sure they won’t even pick up a calculator and do the math.
Reply