New TA... again
#422
Gets Weekends Off
Joined APC: Aug 2009
Posts: 841
Just noticed that you don’t get paid captain pay until you finish OE. Most upgrades are actually going to lose a significant amount of money with the new contract their first year as CA.
Quick math- 2nd year captain, 30 hours OE paid at FO pay. That’s roughly a $30 difference. So $900 in lost straight pay plus whatever 401k contribution. It’s going to take close to a year to get ahead with the new contract....
Quick math- 2nd year captain, 30 hours OE paid at FO pay. That’s roughly a $30 difference. So $900 in lost straight pay plus whatever 401k contribution. It’s going to take close to a year to get ahead with the new contract....
#425
Banned
Joined APC: Apr 2014
Posts: 1,291
Just noticed that you don’t get paid captain pay until you finish OE. Most upgrades are actually going to lose a significant amount of money with the new contract their first year as CA.
Quick math- 2nd year captain, 30 hours OE paid at FO pay. That’s roughly a $30 difference. So $900 in lost straight pay plus whatever 401k contribution. It’s going to take close to a year to get ahead with the new contract....
Quick math- 2nd year captain, 30 hours OE paid at FO pay. That’s roughly a $30 difference. So $900 in lost straight pay plus whatever 401k contribution. It’s going to take close to a year to get ahead with the new contract....
They will see absolutely no increase in their take home pay
Then and only then will they realize they should have held out for more .
#426
Gets Weekends Off
Joined APC: Nov 2016
Posts: 303
That said I disagree with your math. You are claiming that this raise would be taxed at 100%. Based on single or married filed jointly tax thresholds I’d venture to say the overwhelming majority of AWA pilots are in the 22 or 24% bracket as their top. Add SS and medicare for another 8% and we are at 30-32%. I’ll give you that some live in high tax states and maybe even cities so another 5-15% for some.
So the range of the rate this raise is withheld going from the single first year FO living in a tax free state to a married topped out CA with a rich spouse living in Chicago is say 30% to 47%. So for some 1/3 is taxed and worse case less than half for others. Most in the middle of that range.
Now I get it, if the raise is only 1 dollar, does it matter much whether you keep 65 cents or 50 cents? No not really. We are only talking about $500 to 600 more a year extra. But it’s not nothing either.
#427
#428
Gets Weekends Off
Joined APC: Aug 2009
Posts: 841
My guess was 65/35 yes, though I'm not surprised it was higher based off how close the last two failed ta's were with losses and no gains at all. An FO won't see much from this financially, a few bucks here plus no min day gone. Minor gains. Captains have the most to gain. Even a year 2 upgrade at 75 hours going by the apparent fo pay till signed off still comes out ahead. Minimal gains but gains nonetheless. I'm sorry but having been through this 3 times now I don't believe voting down this one would magically produce a better ta in 3 years of negotiations. At the end of the day you got something for the next 2 years instead of the 0 you were going to get.
#429
Gets Weekends Off
Joined APC: Dec 2016
Posts: 524
My guess was 65/35 yes, though I'm not surprised it was higher based off how close the last two failed ta's were with losses and no gains at all. An FO won't see much from this financially, a few bucks here plus no min day gone. Minor gains. Captains have the most to gain. Even a year 2 upgrade at 75 hours going by the apparent fo pay till signed off still comes out ahead. Minimal gains but gains nonetheless. I'm sorry but having been through this 3 times now I don't believe voting down this one would magically produce a better ta in 3 years of negotiations. At the end of the day you got something for the next 2 years instead of the 0 you were going to get.
#430
But it’s easier to throw an anonymous tantrum on the internet and hurl insults at people who have a different viewpoint...more gains then losses, the upgrade pay at OE is pretty crappy no doubt, but that affects you once, then you continue with your life. More incentive to pass OE in the footprint I guess.