Allegiant Air
#3501
Thread Starter
Line Holder
Joined: Jan 2009
Posts: 315
Likes: 11
It's a 10% match regardless, and you only have to contribute as little as 5% to get the 10%
#3502
Line Holder
Joined: Mar 2016
Posts: 663
Likes: 46
Anyone have any info about the on-site interviews at the job fairs? Also, as someone who lives in PHX I am looking at the IWA base, is there any transparency as to what base you will be awarded or is it a total crap shoot?
#3503
Line Holder
Joined: May 2013
Posts: 39
Likes: 0
From: 91/135
Probably never gonna be commuter-friendly whether this T/A passes or not. Top couple pilots in the base/a/c/seat can maybe get a 4-on 4-off schedule (as long as that position is adequately staffed; not always the case) but a new- hire will take several years to be that senior. In the meantime it's highly not recommended.
#3504
in max 10,000. Earn 50k, company put in max 2.5k.
Overall, the retirement offer for your TA is pretty bad.
#3505
#3506
New Hire
Joined: Jun 2016
Posts: 7
Likes: 0
Barley is correct, guys. Regardless how the matching works, the maximum the company will put in is 5% of salary. Earn 100k, company will put in max 5,000. Earn 200k, company will put
in max 10,000. Earn 50k, company put in max 2.5k.
Overall, the retirement offer for your TA is pretty bad.
in max 10,000. Earn 50k, company put in max 2.5k.
Overall, the retirement offer for your TA is pretty bad.
Umm, wow.
Either you failed second grade math and didn't bother to attend math for the rest of your academic life or you are purposely lying, for whatever reason.
I did want a 10% DC that forced the company to make a mandatory payment for those like you who are math challenged as I don't want to pay for the burden of your ineptness with excessive social welfare.
#3508
Gets Weekends Off
Joined: Jan 2014
Posts: 355
Likes: 0
From: Yellow Bus
from the contract:
"With respect to each employee who elects to make employee elective deferral contributions, the Company will pay a matching contribution into the Pilot’s 401(k) account on a two hundred percent (200%) basis up to the first five percent (5%) of such employee’s pay."
The way I read this 401(k) is that they pay double what you put in up to your first 5%. so to make this easy:::
You Them
2% 4%
3% 6%
5% 10%
>5% still just 10%
"With respect to each employee who elects to make employee elective deferral contributions, the Company will pay a matching contribution into the Pilot’s 401(k) account on a two hundred percent (200%) basis up to the first five percent (5%) of such employee’s pay."
The way I read this 401(k) is that they pay double what you put in up to your first 5%. so to make this easy:::
You Them
2% 4%
3% 6%
5% 10%
>5% still just 10%
#3509
Using Mugutu's and Barley's math, it starts on July 4th and ends on June 29th. For the rest of us it's July 13th to noon on the 28th.
If you didn't get the email, make sure your email address with the union is current as this is where the instructions will come.
If you didn't get the email, make sure your email address with the union is current as this is where the instructions will come.
#3510
Gets Weekends Off
Joined: Jan 2013
Posts: 103
Likes: 0
Barley is correct, guys. Regardless how the matching works, the maximum the company will put in is 5% of salary. Earn 100k, company will put in max 5,000. Earn 200k, company will put
in max 10,000. Earn 50k, company put in max 2.5k.
Overall, the retirement offer for your TA is pretty bad.
in max 10,000. Earn 50k, company put in max 2.5k.
Overall, the retirement offer for your TA is pretty bad.
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