Originally Posted by
MikeB525
A 1% pay raise? The pay raise I just got at my mall retail job was 3%!
Sorry to hear everyone. My friend just showed me the proposal. It stinks for you. I find it interesting that they increase first year pay so little. OUT OF POCKET for SKYW (IF) they hire 1000 pilots AND they all work 1000/hrs a year is equivalant to $230,000. And if they don't hire. . . . That cost goes away. I saw where they got the money.
http://finance.yahoo.com/q/it?s=SKYW
Jerry sold 10,000 shares.
1-Nov-06 ATKIN JERRY C
Officer 10,000 Direct Automatic Sale at $26.42 per share. $264,200
WHAT AN INSULT. SKYW just paid a QUARTERLY dividend of over $1.9 million to shareholders. This is QUARTERLY.
Also, in addition I did a little research myself. . . . Even with the 1% increase and Override, SKYW is still 7%-12% BELOW industry standards for the 70 seater.
Rough Average for this industry vs. SKYW
Industry Avg. SkyWest $ DIFF SKYW
Year Crj700 Captain Captain Underpaid
1 $63.50 $56.60 $6.90 -12.19%
2 $65.40 $58.40 $7.00 -11.99%
3 $67.50 $60.10 $7.40 -12.31%
4 $69.50 $62.00 $7.50 -12.10%
5 $71.50 $64.00 $7.50 -11.72%
I suggest that you guys vote your SAPA folks out and really get someone to work for you. Apparently, Turboprop pilots don't mean much AND apparently neither does a non-union company.
SAPA
Dave Alden-President
[email protected]
Jim Black-Vice President
[email protected]
Mike Eisenstat-Secretary
[email protected]