Originally Posted by
aviatorpr
they have been calling it a bonus, which will be taxed incorrectly, should be retro for lost wages. they are no doubt some of the most junior guys are the ones complaining the most, but they are the future of this airline, they are the ones that are or will be working under the reserve rules, FO's are the ones who pay is below industry average, CA is pretty much on par with industry, and there are not a lot of 4+ yr FO's. Those who have been with the company during the entire amendable period should be rewarded the most, but the union is rewarding the bonus based on time with company overall, so much for UNITY.
Well if its not RETRO pay, then why should the FO's get more? Its a bonus, completely different than retro pay. The majority of CA's were FO's once and suffered on FO pay as well.
Don't get me wrong here. I'm getting shafted with this bonus check as well.
I'm don't understand how people have changed their vote based on the bonus check, as it has NOTHING to do with the WELL below industry average TA.
This discussion reminds me of a book I was reading a while back. It talked about how $2000 NOW, would be a lot more popular for people than $6,000 in 5 years. Too many people are looking at money now and don't look it in the future. Less money NOW makes you feel better than more money in the future. Behavioral finance is very interesting!
No wonder people can't retire.
The 401k priority as do by Wilson polling proves this. Young people do not understand the importance of saving money early on. I really don't want to work til age 65, do you?
It would be nice to be able to max out my 401k without having the contribute 30% of each pay check because of the horrible company match.