Originally Posted by
brakechatter
Yeah, that's a problem. There is only so far we are going to be allowed to be ahead of industry leading pay rates. Profit sharing allows that extra push. It takes us to 11. In profitable times, our compensation outweighs our peers. In tight times, we are still industry leading. And while your PS is withheld at a higher rate, your final tax bill will be at your income rate including the rest of your taxable income. Perhaps that doesn't change your mind, but you are in the very small minority.
UAL and AA has the same PS formula now. If the company is wasting money in inefficiencies, it’s not our fault. They can either hire more people, get better/more schedulers.
But if the pilot group bill is higher, is not our fault. I’m actually glad everyone that I know made a crap ton of money last couple of months. Have a friend got around 200hrs credit last month, another got 70hrs in 23M7, I personally only flew one trip in a GS that got me off almost a month and 98hrs of pay on RSV.
All this wasted money means that in the next PWA, we have leverage.
So that FO saying we make too much money, is wrong. His PS % might be lower, but it just means he wants people making less money, so he can have more bonus.