Originally Posted by
acl65pilot
Simple. The way DAL does it is:
The 15th check is you total settlement for your work performed minus the set dollar amount they advance you on the 30/31st.
The dollar amount they advance you is base upon years of service. This number (dollar amount) is subtracted from your 15th paycheck.
I know it is crazy
Yes, but it is not an advance. The paycheck you get on the 31st is the "advance" for the month that is just ending (i.e. the Jan 31 paycheck is the advance for the month of Jan). I could understand it being called an advance if the paycheck on Jan 31 was for the advance in the month of Feb (i.e. you are going to work in Feb so we will advance you some money). It is just terminology, but don't try and trick me into the idea that it is something that is being given out of the goodness of the heart (it should be termed the "holdback" check).
I really don't care about it as it doesn't impact me that much in terms of takehome pay (now, we can talk about the 401k contribution and how it affects that for all of us but on an individual basis, it is peanuts, but as a combined group, it is a good thing for mother DAL as she accrues interest a little bit longer.
Just my thoughts, which don't mean much