Originally Posted by
JamesBond
Pay banding should be nothing more than a bridge to longevity pay.
I'd still like to see either the pay tables (current book related) or the plane language of how it would play out.
LBP is simply never going to be free extra money for higher longevity (over 12 years) pilots. We're not going to trick the company or pull a fast one where they're left dumbstruck saying "wow we didn't think they'd to THAT!"
Pay tables would be a lot of work for a casual discussion. So let's just line item the main tenents of how it would play out today.
A350 pay for all? Where does that extra money come from?
ER pay for all? Will the seniors be OK with that? How about the under 12 year WB FO's?
Whatever the one rate to rule them all ends up being, unless its a concession from today's rates on average, where will the year 13-50 compounding yearly raises come from?
So will this be current tables, or A350 pay for all, with endless 1-2% raises for all years 13-50?
Will the company simply agree to it on the basis of some moral imperative and just shell out the endless longevity raises out of the stock buybacks and dividend reinvestments?
Would you be OK with taking an overall pay table cut to years 1-12, only to then harvest longevity raises to get back to your current pay rate?
If we do agree on "one rate to rule them all" wouldn't that drive somewhat fewer training events requiring less pilots requiring less SLI's being off line requiring less pilots? Would it further disincentivise the company from growing the bottom end of the fleets and further encourage them to "upgauge" also resulting in fewer pilots?
Is this really a moral imperative that you always advocate for, or do you think that because you are of a higher longevity that you will be making more as a result of LBP? If you make more, will anyone make less? Or will the company just agree to keep current book and give everyone over year 12 compounding raises for decades? How much would that cost and where will that extra money come out of?
LBP has been advocated on here for a very long time. Its time that those who push for it the loudest to show their work and explain what it would look like when the rubber meets the runway. No one is going to pre-agree to this broad concept and then try and figure it out after its irrevocably set into motion especially in a scenario where some get significant compounding raises over decades at the expense of anyone else.
So as a strong proponent of LBP, how would it play out in a way that is acceptable to you? Its time to show your work.