Originally Posted by
BobSacamano
The fact that someone has to point out something so plainly obvious is a testament to the magnitude of the delusion on these boards.
“Just charge more so you can pay me more.” Derp. Real Wharton MBA-level business aptitude there.
Am I the only one here who remembers working at the regionals earning less then the Flight Attendant while being told "we can't afford to pay you any more then what you are making because we had to train you" I wonder what those FO's make now?
You can bet your bottom dollar Management will say anything and everything to keep the labor costs low. I would wager they end up with a percentage of the savings.
Just look at this company When I got hired the pay was $35/hr within a few years that got boosted to $100/hr I am sure that money just fell right out of the sky. It's funny how much you can afford when you don't have a choice. Same with the bonuses when they were giving them out.
Here is some quick and dirty math
New fo training =100,000
2 years fo salary =220,000
training events = 30,000
Avg hours = 1000
F9 pays roughly $350/hr for avg FO that leaves at the two year mark.