Originally Posted by
flyguy81
I wasn’t looking the value of the sick accrual. I was looking at the accrual rate itself. For a Delta pilot, it’s use it or lose it and the value is only at the longevity step they are at. If they don’t use it all, the value doesn’t matter as it’s wasted when the bank is reset the following year.
For a SWA pilot, the value is based on longevity at the longevity step also. However, we can accrue it if we don’t use it all. So a DL pilot might earn 125 for the year, but I’ve got over 600 in my bank to use as I see fit for a value of over $140k. I WON’T be retiring with credit left in my sick bank.
This is what I was replying to:
Originally Posted by
flyguy81
Is that conversion correct? Isn’t it hourly / 1.15 = tfp when figuring time?
...
125 sick hours at Delta would be 109 tfp or earning guarantee at SWA..
I replied back with:
Your example:
125 sick credit hours * $282.24/hr = $35,280.00
$35,280.00 ÷ $245.64 TFP/hr = 143.62 TFP
I guess I don't understand your point. You said 125 sick hours equals 109 TFP. It doesn't. It equals ~144 TFP.
You also seemed to say 109 TFP is earning guarantee at SWA. It's not. Our highest monthly guarantee is 89 TFP.
In my original post on sick leave, I said that Delta arguably has a better sick leave plan than SWA but that it depends on how you use your sick leave. So, if you don't call in sick much, like yourself, then you might consider our sick leave plan better. You'll get paid at higher rates for it later (unless we agree to a plan to sell sick leave at pennies on the dollar) but you'll have likely not called in sick when you needed to be home for various reasons that fall under IMSAFE.