Originally Posted by
1forflying
The rest of the TA was released and get this - THERE ARE NO PAYRATES!!! Instead of having defined payrates, every year they take the industry average and apply them to us up to a maximum of 3%. We are completly dependant on what other carriers negotiate. Does anybody know of another carrier that has done this? Seems like a bad presidence to set. Have fun with this one guys.
Well, on one hand you will never be the bottom of the pack in pay. On the other hand it is unlikely you will ever be the leader in pay. The standard being set is a mid range pay comparative to your peers.
the downsides are no COLA adjustment, just a DOS increase of 1% to a maximum of 3%.
One way to look at it is there is no incentive to the "simply the best", the goal you should aim for is just average. If your peers are the best and compensated as such, you will reap the rewards from their efforts. Your compensation for the next X amount of years is completely dependent on your peers, nothing else.
If anything, this section only tells your peers management that they should not increase anyone's compensation. All pilots should be paid the same regardless of the work they do, compensation should only be based on how many pax the airframe can handle.