MOU 15 is out
Pay is changing!!
Monthly Pay
A pilot’s pay for a particular month of work has long consisted of an end of month (EOM) payment that is paid on the last business day of that month, and a consolidation payment on the last business day prior to the 16th of the following month. The EOM payment is a fixed amount that is based solely upon the pilot’s years of longevity, and ranges from $1250 to $3000. The following mid-month consolidation payment consists of the pilot’s total earnings for the previous month less the amount of the EOM payment.
By way of contrast, a pre-merger NWA pilot received half of his monthly guarantee (34 hours for regular pilots and 37:30 for reserve pilots) as his EOM payment. This method provided a more even distribution of a pilot’s earnings between the two paychecks, while allowing for the fact that pilots typically accrue different amounts of pay from month to month.
The Company has agreed to change the method by which a pilot’s EOM payment is determined from the current flat amount that is based on a pilot’s longevity to an hourly basis that is paid at the pilot’s pay rate. It is estimated that this change will take approximately six months to implement. In the interim, the flat amount of pay that a pilot receives in his EOM payment will be increased.
Effective January 31, 2011, the EOM payment for a pilot with a given number of years of longevity will increase on average by 60 percent to the amounts shown in the following table:
Years of Longevity
EOM Partial Payment
Less Than 2
$2100.00
2
$2200.00
3
$2200.00
4
$2300.00
5
$2500.00
6
$2800.00
7
$3000.00
8
$3300.00
9
$3800.00
10
$4200.00
11
$4700.00
12 or more
$5000.00
Effective no later than June 30, 2011, a pilot’s EOM payment will consist of one-half of the reserve guarantee (currently 35 hours) at his composite hourly rate as of the last day of the bid period. This will provide an automatic mechanism for a pilot’s EOM payment to adjust with his hourly pay rate.