Originally Posted by
9mikemike
The best way to look at it is Deferred Compensation. Alaska holds back 6-8% of our compensation all year and the gives it to us in Feb…if the year was good. Most would rather have contractual compensation reflected by better rates etc all year. Saves the annual dog and pony show around this time of year when we usually get whats owed. For me, I give no consideration to PBP as it and all of its machinations fall well outside the scope of my job. Just my view of a program that exists outside of our contract. Would trade it for pay-rates, rig and effective scope today. Prob a good focus program for the rest of the company but not really appropriate for pilots, mechanics and dispatchers.
No it's an incentive program to keep everybody focused on success and doing their small part. Does it work? I honestly don't know. Every now and then I might catch myself hustling a little bit if I think it will make a difference for D0 or A14.
Every employer I've ever had offered some sort of bonus, but you only got it if either you or the company did good that year. Except the Navy. They just gave me medals.