Originally Posted by
Snake1234
Ahhh, the inflation argument. Ok, let’s dig in. With the current movement, you can hold NB CA in under three years. So let’s focus there as the incentives in place push the pilot group that direction. In a 10/5/3 scenario, a NB CA at 7 years (3 year upgrade, roughly 3 year raise period) would make roughly 354K at 80 hours/mo. Inflation only affects your cost bucket. Housing, transportation, groceries. What is that cost bucket compared to your salary? Housing for the vast part of a pilot group is stable, the other costs went up. However, your salary going up from 275K to 354K eclipses your costs by thousands of dollars. Let’s debate with facts, the argument that it doesn’t keep up with inflation is dumb and mathematically illiterate.
Housing in major metro areas (like where we have pilot bases) is through the roof. Rents are up 30% in many cities and the cost of owning is the highest in the history of our country, adjusted for inflation. Interest rates are on the rise too so it’s only going to get more expensive. And wait til your heating bill roles in this winter. These expenses alone can not be over stated. Forget about the buying power you had in 2019 vs today, we’re also trying to negotiate a RAISE here in case you forgot! 10/5/3 doesn’t even come close to keeping up with inflation let alone securing an actual raise.