Alaska Air Hiring
01-08-2018, 12:01 PM
#2842
Works Every Weekend
Joined APC: Apr 2006
Posts: 1,210
It's not profit sharing. It's "Performance based pay."
There are several metrics they use to determine the payout, and the goalposts move every year. For 2017:
- Safety. Do not exceed a goal number of slide deployments or other safety events.
- Loyalty. Sell credit cards.
- Costs. Be below a threshold for CASM.
- Customer Satisfaction. Score high in polls.
- Profit. Meet targets for total profit.
Any misses impact the payout. If everything is maxed out, we get 10%. If anything isn't at the maximum, we get less regardless of profit. In times of record profit we've received less than 10% based on other factors. This plan is inferior to most actual profit sharing plans, and consistently yields lower dollar-amount payouts than our competitors.
There are several metrics they use to determine the payout, and the goalposts move every year. For 2017:
- Safety. Do not exceed a goal number of slide deployments or other safety events.
- Loyalty. Sell credit cards.
- Costs. Be below a threshold for CASM.
- Customer Satisfaction. Score high in polls.
- Profit. Meet targets for total profit.
Any misses impact the payout. If everything is maxed out, we get 10%. If anything isn't at the maximum, we get less regardless of profit. In times of record profit we've received less than 10% based on other factors. This plan is inferior to most actual profit sharing plans, and consistently yields lower dollar-amount payouts than our competitors.
01-08-2018, 12:52 PM
#2843
Gets Weekends Off
Joined APC: Feb 2013
Position: Starboard Bus
Posts: 725
Originally Posted by pete2800
It's not profit sharing. It's "Performance based pay."
There are several metrics they use to determine the payout, and the goalposts move every year. For 2017:
- Safety. Do not exceed a goal number of slide deployments or other safety events.
- Loyalty. Sell credit cards.
- Costs. Be below a threshold for CASM.
- Customer Satisfaction. Score high in polls.
- Profit. Meet targets for total profit.
Any misses impact the payout. If everything is maxed out, we get 10%. If anything isn't at the maximum, we get less regardless of profit. In times of record profit we've received less than 10% based on other factors. This plan is inferior to most actual profit sharing plans, and consistently yields lower dollar-amount payouts than our competitors.
There are several metrics they use to determine the payout, and the goalposts move every year. For 2017:
- Safety. Do not exceed a goal number of slide deployments or other safety events.
- Loyalty. Sell credit cards.
- Costs. Be below a threshold for CASM.
- Customer Satisfaction. Score high in polls.
- Profit. Meet targets for total profit.
Any misses impact the payout. If everything is maxed out, we get 10%. If anything isn't at the maximum, we get less regardless of profit. In times of record profit we've received less than 10% based on other factors. This plan is inferior to most actual profit sharing plans, and consistently yields lower dollar-amount payouts than our competitors.
01-08-2018, 01:29 PM
#2844
On Reserve
Joined APC: Oct 2017
Posts: 23
Originally Posted by pete2800
It's not profit sharing. It's "Performance based pay."
There are several metrics they use to determine the payout, and the goalposts move every year. For 2017:
- Safety. Do not exceed a goal number of slide deployments or other safety events.
- Loyalty. Sell credit cards.
- Costs. Be below a threshold for CASM.
- Customer Satisfaction. Score high in polls.
- Profit. Meet targets for total profit.
Any misses impact the payout. If everything is maxed out, we get 10%. If anything isn't at the maximum, we get less regardless of profit. In times of record profit we've received less than 10% based on other factors. This plan is inferior to most actual profit sharing plans, and consistently yields lower dollar-amount payouts than our competitors.
There are several metrics they use to determine the payout, and the goalposts move every year. For 2017:
- Safety. Do not exceed a goal number of slide deployments or other safety events.
- Loyalty. Sell credit cards.
- Costs. Be below a threshold for CASM.
- Customer Satisfaction. Score high in polls.
- Profit. Meet targets for total profit.
Any misses impact the payout. If everything is maxed out, we get 10%. If anything isn't at the maximum, we get less regardless of profit. In times of record profit we've received less than 10% based on other factors. This plan is inferior to most actual profit sharing plans, and consistently yields lower dollar-amount payouts than our competitors.
This year, admittedly, won't be as great, projected to come in at around 7.5% of pay once all is said and done.
But saying you get 10% and if you miss, everything goes down, is incorrect. You get 5% to start, and it can go up 2X, or down, depending on performance.
01-08-2018, 02:57 PM
#2845
Works Every Weekend
Joined APC: Apr 2006
Posts: 1,210
Originally Posted by EA CO AS
The plan is based on a payout of 5% of base pay if the targets are met, with the 10% being based on the maximum 'stretch goals' being met. These targets are set by the BOD - who are also paid by them, so they have a vested interest in seeing them be achievable - and averaging north of 9% over the last few years is pretty darn good once you add all the multipliers up.
This year, admittedly, won't be as great, projected to come in at around 7.5% of pay once all is said and done.
But saying you get 10% and if you miss, everything goes down, is incorrect. You get 5% to start, and it can go up 2X, or down, depending on performance.
This year, admittedly, won't be as great, projected to come in at around 7.5% of pay once all is said and done.
But saying you get 10% and if you miss, everything goes down, is incorrect. You get 5% to start, and it can go up 2X, or down, depending on performance.
Question: If PBP is a great deal for the employees, why did management implement it? Because they want to give higher-than-market compensation to their employees? If that's the case, why couldn't they agree to market-based pay and scope for their pilots? Nah, PBP is just as substandard as the rest of our compensation package.
Also, I'm still awaiting a rebuttal from you on my reply to your "pay or scope" thread.
01-08-2018, 04:09 PM
#2846
Gets Weekends Off
Joined APC: Aug 2009
Posts: 396
Originally Posted by EA CO AS
The plan is based on a payout of 5% of base pay if the targets are met, with the 10% being based on the maximum 'stretch goals' being met. These targets are set by the BOD - who are also paid by them, so they have a vested interest in seeing them be achievable - and averaging north of 9% over the last few years is pretty darn good once you add all the multipliers up.
This year, admittedly, won't be as great, projected to come in at around 7.5% of pay once all is said and done.
But saying you get 10% and if you miss, everything goes down, is incorrect. You get 5% to start, and it can go up 2X, or down, depending on performance.
This year, admittedly, won't be as great, projected to come in at around 7.5% of pay once all is said and done.
But saying you get 10% and if you miss, everything goes down, is incorrect. You get 5% to start, and it can go up 2X, or down, depending on performance.
01-08-2018, 05:03 PM
#2847
Gets Weekends Off
Joined APC: Feb 2006
Posts: 278
Originally Posted by Smokeyzz
I read in some old forum that Alaska conducted hair tests for nicotine/ maybe drugs. Do they still conduct these and do they still require pilots to be non smokers?
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01-08-2018, 06:33 PM
#2848
Banned
Joined APC: Nov 2013
Position: 7th green
Posts: 4,378
Originally Posted by miker1
Not a hair test. Its a mouth swab.
01-08-2018, 07:46 PM
#2849
Gets Weekends Off
Joined APC: Aug 2011
Posts: 170
Originally Posted by 2loud
EA, y'all keep smokin' management's pole real good, yah heya! Take some of that 7.5% and replace your worn out knee pads and oh, buy yourself a bigger butt plugs while you are at it.
01-08-2018, 09:16 PM
#2850
On Reserve
Joined APC: Dec 2017
Posts: 24
Originally Posted by Smokeyzz
I read in some old forum that Alaska conducted hair tests for nicotine/ maybe drugs. Do they still conduct these and do they still require pilots to be non smokers?
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