Airline Pilot Forums

Airline Pilot Forums was designed to be a community where working airline pilots can share ideas and information about the aviation field. In the forum you will find information about major and regional airline carriers, career training, interview and job seeker help, finance, and living the airline pilot lifestyle.




View Full Version : $10,000 Retention Bonus CA/FO


Skyw
12-06-2017, 04:42 PM
Expressjet announced an additional $10,000 retention bonus for every CA and FO at ExpressJet for 2018. If you add the 401k plan B match, XJT captains are making $15,000 to $20,000 more per year than a SkyWest captain. Maybe unions are not so bad?


amcnd
12-06-2017, 04:47 PM
Expressjet announced an additional $10,000 retention bonus for every CA and FO at ExpressJet for 2018. If you add the 401k plan B match, XJT captains are making $15,000 to $20,000 more per year than a SkyWest captain. Maybe unions are not so bad?

Are you saying SkyWest pilots dont have a 401k match program or bonus program??? Because my paycheck YTD shows over 10k in 401k match, 4500 pilot bonus, and 10,500 in company financial/performance bonus

Check Complete
12-06-2017, 05:01 PM
Are you saying SkyWest pilots dont have a 401k match program or bonus program??? Because my paycheck YTD shows over 10k in 401k match, 4500 pilot bonus, and 10,500 in company financial/performance bonus

Unbelievable, yet very sad.......


amcnd
12-06-2017, 05:02 PM
Unbelievable, yet very sad.......

Well he or she, made it sound like SkyWest pilots get nothing..... I will agree the FO’s are getting ripped off.. SkyWest FO’s are not getting these big retention bonuses..

Skyw
12-06-2017, 05:24 PM
Skywest wouldn’t be parking Expressjet if the pilots were paid less than Skywest pilots. What did Skywest pilots do after L-ASA pilots lost the Delta CPA? You stole the flying because you are undercutting union pilots.

amcnd
12-06-2017, 05:25 PM
Skywest wouldn’t be parking Expressjet if the pilots were paid less than Skywest pilots. What did Skywest pilots do after L-ASA pilots lost the Delta CPA? You stole the flying because you are undercutting union pilots.

Endeavor is taking most there aircraft.... We got 10 craped out 200’s for DL flying.. (yes we got some new E175’s flying in SEA/NYC)

AUpilot77
12-06-2017, 05:54 PM
Expressjet announced an additional $10,000 retention bonus for every CA and FO at ExpressJet for 2018. If you add the 401k plan B match, XJT captains are making $15,000 to $20,000 more per year than a SkyWest captain. Maybe unions are not so bad?

Unfortunately the purpose of a retention bonus is to encourage pilots not to leave. Expressjet may be having that problem but SkyWest is not at the moment. Not sure what unions have to do with encouraging a company to give them retention bonuses.

KSCessnaDriver
12-06-2017, 06:44 PM
Endeavor is taking most there aircraft.... We got 10 craped out 200’s for DL flying.. (yes we got some new E175’s flying in SEA/NYC)

Most? 31 out of 61 is barely 50%. OO is taking the other 30 airplanes worth of flying, by parking the CR7 and adding the E175SC.

HermannGraf
12-07-2017, 01:49 PM
Are you saying SkyWest pilots dont have a 401k match program or bonus program??? Because my paycheck YTD shows over 10k in 401k match, 4500 pilot bonus, and 10,500 in company financial/performance bonus

You are absolutely right. Skywest has always taken care of their senior people first. Huge difference between the 15 years plus people and the rest.

It is still a nice “family” company at the top is it not?

DirkDiggler
12-07-2017, 01:56 PM
Expressjet announced an additional $10,000 retention bonus for every CA and FO at ExpressJet for 2018. If you add the 401k plan B match, XJT captains are making $15,000 to $20,000 more per year than a SkyWest captain. Maybe unions are not so bad?

$10k plus an additional $10k for CRJ FO's serving Delta. The defined contribution isn't a "match" per say. It's just an extra deposit into our 401k on top of the company match. Anywhere from 2.5 - 6% extra depending on longevity.

WesternSkies
12-07-2017, 03:17 PM
At skyw I don’t feel the need to create new APC accounts to troll the xjet thread.
I’m not sure how to value that as compensation.

Don’t forget to login to your normal account. :)

Bravix
12-08-2017, 04:48 AM
At skyw I don’t feel the need to create new APC accounts to troll the xjet thread.
I’m not sure how to value that as compensation.

Don’t forget to login to your normal account. :)

Not sure if strawman or just trying to provoke.

Is there something inaccurate to what he said? Does it really matter if that's his primary account or not?

rickair7777
12-08-2017, 05:51 AM
Expressjet announced an additional $10,000 retention bonus for every CA and FO at ExpressJet for 2018. If you add the 401k plan B match, XJT captains are making $15,000 to $20,000 more per year than a SkyWest captain. Maybe unions are not so bad?

Not the union, it's Inc. They want to keep it manned while they do an orderly shutdown.

$20k would keep me from taking a legacy job. Not.

Skyw
12-08-2017, 04:40 PM
Not the union, it's Inc. They want to keep it manned while they do an orderly shutdown.

$20k would keep me from taking a legacy job. Not.

Well, looks like United wants to buy Expressjet! News came out today. Looks like legacy jobs for all Expressjet pilots. Finally some good news for Expressjet pilots...well deserved!

450knotOffice
12-08-2017, 04:54 PM
That’s a big MAYBE right now.

Skyw
12-09-2017, 06:57 AM
That’s a big MAYBE right now.

United has no choice but to buy ExpressJet. They have to stop the massive attrition and make a big deal. Skywest pilots should have merged with Express pilots...too late now. Good luck recruiting pilots!

rickair7777
12-09-2017, 07:39 AM
United has no choice but to buy ExpressJet. They have to stop the massive attrition and make a big deal. Skywest pilots should have merged with Express pilots...too late now. Good luck recruiting pilots!


If that had happened, then UA would not be buying into XJT.

In the old days, if you were too expensive you got the COMAIR treatment.

Today, they need pilots. If you're cheap, you get to stay at a regional. If you're too costly for RJ's, you might well get flowed to mainline.

I suspected this was coming several years ago, and advised friends to get out of SKW before "stoploss" kicked in.

Nevjets
12-10-2017, 07:03 PM
Here are the xjt perks (all of it negotiated by ALPA):

401k Matching
1-4 yrs service 100% up to 4%
5-9 yrs service 100% up to 5%
10+ yrs service 100% up to 6%

Defined Contribution Plan
1-4 years 2.5%
5-9 years 4%
10-14 years 5%
15-19 years 5.5%
20+ years 6%

When combining both the match and DC Plan, total company contribution (doesn't include pilot contribution):
1-5 years 6.5%
5-9 years 9%
10-14 years 11%
15-19 years 11.5%
20+ years 12%

Vacation Accrual Rate
• Year 1: 7 days
• Year 2-6: 14 days
• Year 7-10: 21 days
• Year 11+: 28 days
Pay is 3.75 hours per day

Sick Time Accrual Rate
5 hours per month starting from the month of ground school


Health insurance premiums:
Company pays 75%
Employee pays 25%

Long Term Disability:
Monthly benefit of 55% of hourly rate times 1,026 divided by 12, paid until age 65. Company pays 65% of premiums.

On the Job Injury bank of 400 hours:
Hours in your bank are used to make up the difference between Worker's Comp insurance and minimum monthly guarantee.

Sick note policy:
Unlimited sick calls with note from doctor

Commuter policy:
Can use three times in rolling 12 months if you give yourself one flight;
Can use unlimited if you give yourself two flights

Fatigue policy
Operational - pay protected
Pilot induced - sick bank
Not paid if you don't fill out fatigue report

Profit sharing:
6% of the net profit; and
50% of every dollar earned above $30 million annual pre-tax income

Bonuses:
2016 $1000
2017 $1500 + ($1500 for captains and $8500 for FOs)
2018 $10k for captains and FOs. Additional $10k for ASA pilots.
$10k for new hires

N1234
12-10-2017, 07:09 PM
Here are the xjt perks (all of it negotiated by ALPA):

401k Matching
1-4 yrs service 100% up to 4%
5-9 yrs service 100% up to 5%
10+ yrs service 100% up to 6%

Defined Contribution Plan
1-4 years 2.5%
5-9 years 4%
10-14 years 5%
15-19 years 5.5%
20+ years 6%

When combining both the match and DC Plan, total company contribution (doesn't include pilot contribution):
1-5 years 6.5%
5-9 years 9%
10-14 years 11%
15-19 years 11.5%
20+ years 12%

Vacation Accrual Rate
• Year 1: 7 days
• Year 2-6: 14 days
• Year 7-10: 21 days
• Year 11+: 28 days
Pay is 3.75 hours per day

Sick Time Accrual Rate
5 hours per month starting from the month of ground school


Health insurance premiums:
Company pays 75%
Employee pays 25%

Long Term Disability:
Monthly benefit of 55% of hourly rate times 1,026 divided by 12, paid until age 65. Company pays 65% of premiums.

On the Job Injury bank of 400 hours:
Hours in your bank are used to make up the difference between Worker's Comp insurance and minimum monthly guarantee.

Sick note policy:
Unlimited sick calls with note from doctor

Commuter policy:
Can use three times in rolling 12 months if you give yourself one flight;
Can use unlimited if you give yourself two flights

Fatigue policy
Operational - pay protected
Pilot induced - sick bank
Not paid if you don't fill out fatigue report

Profit sharing:
6% of the net profit; and
50% of every dollar earned above $30 million annual pre-tax income

Bonuses:
2016 $1000
2017 $1500 + ($1500 for captains and $8500 for FOs)
2018 $10k for captains and FOs. Additional $10k for ASA pilots.
$10k for new hires

And when was all of that negotiated?

DL31082
12-10-2017, 07:18 PM
And when was all of that negotiated?

That’s their current book that the ERJ side has been operating from for years. The only thing that’s recent in there is the bonuses.

Nevjets
12-10-2017, 07:54 PM
And when was all of that negotiated?


This is from the 2004 concessionary contract that has been amended multiple times throughout the years. They can’t keep pilots so they are throwing more money at them despite all the perks.

N1234
12-10-2017, 09:02 PM
This is from the 2004 concessionary contract that has been amended multiple times throughout the years. They can’t keep pilots so they are throwing more money at them despite all the perks.

But it was left in the concessionary contract from an earlier contract - no?

The point is that none of that stuff was negotiated recently. It is a holdover from the glorious days when someone was asleep at the wheel.

And XJT still cannot get people in the door.

amcnd
12-11-2017, 04:52 AM
But it was left in the concessionary contract from an earlier contract - no?

The point is that none of that stuff was negotiated recently. It is a holdover from the glorious days when someone was asleep at the wheel.

And XJT still cannot get people in the door.

Exactly. If it was such a great contract then XJT wouldn’t have gone from 4000 pilots to 1800 now and decreasing by 150+ a month... Pilots want fast upgrades, bases, and stability.

Jonneaux
12-11-2017, 07:10 AM
Here are the xjt perks (all of it negotiated by ALPA):

401k Matching
1-4 yrs service 100% up to 4%
5-9 yrs service 100% up to 5%
10+ yrs service 100% up to 6%

Defined Contribution Plan
1-4 years 2.5%
5-9 years 4%
10-14 years 5%
15-19 years 5.5%
20+ years 6%

When combining both the match and DC Plan, total company contribution (doesn't include pilot contribution):
1-5 years 6.5%
5-9 years 9%
10-14 years 11%
15-19 years 11.5%
20+ years 12%

Vacation Accrual Rate
• Year 1: 7 days
• Year 2-6: 14 days
• Year 7-10: 21 days
• Year 11+: 28 days
Pay is 3.75 hours per day

Sick Time Accrual Rate
5 hours per month starting from the month of ground school


Health insurance premiums:
Company pays 75%
Employee pays 25%

Long Term Disability:
Monthly benefit of 55% of hourly rate times 1,026 divided by 12, paid until age 65. Company pays 65% of premiums.

On the Job Injury bank of 400 hours:
Hours in your bank are used to make up the difference between Worker's Comp insurance and minimum monthly guarantee.

Sick note policy:
Unlimited sick calls with note from doctor

Commuter policy:
Can use three times in rolling 12 months if you give yourself one flight;
Can use unlimited if you give yourself two flights

Fatigue policy
Operational - pay protected
Pilot induced - sick bank
Not paid if you don't fill out fatigue report

Profit sharing:
6% of the net profit; and
50% of every dollar earned above $30 million annual pre-tax income

Bonuses:
2016 $1000
2017 $1500 + ($1500 for captains and $8500 for FOs)
2018 $10k for captains and FOs. Additional $10k for ASA pilots.
$10k for new hires

You and your glorious Union and contract. With that contract your company/pilot ranks have been decimated. Expressjet has imploded so fast it should make your head spin. Highest paid to the last day. ' Yay, look at me and my great CONTRACT, I'm on my way to being unemployed in a year, but in the meantime isn't this great. Hopefully, United will bail us out to protect their feed, otherwise next year I'll be on unemployment and wiping my a$$ with that awesome contract.'

At least you'll get to be a martyr like Comair.

trip
12-11-2017, 07:18 AM
Here are the xjt perks (all of it negotiated by ALPA):

401k Matching
1-4 yrs service 100% up to 4%
5-9 yrs service 100% up to 5%
10+ yrs service 100% up to 6%

Defined Contribution Plan
1-4 years 2.5%
5-9 years 4%
10-14 years 5%
15-19 years 5.5%
20+ years 6%

When combining both the match and DC Plan, total company contribution (doesn't include pilot contribution):
1-5 years 6.5%
5-9 years 9%
10-14 years 11%
15-19 years 11.5%
20+ years 12%

Vacation Accrual Rate
• Year 1: 7 days
• Year 2-6: 14 days
• Year 7-10: 21 days
• Year 11+: 28 days
Pay is 3.75 hours per day

Sick Time Accrual Rate
5 hours per month starting from the month of ground school


Health insurance premiums:
Company pays 75%
Employee pays 25%

Long Term Disability:
Monthly benefit of 55% of hourly rate times 1,026 divided by 12, paid until age 65. Company pays 65% of premiums.

On the Job Injury bank of 400 hours:
Hours in your bank are used to make up the difference between Worker's Comp insurance and minimum monthly guarantee.

Sick note policy:
Unlimited sick calls with note from doctor

Commuter policy:
Can use three times in rolling 12 months if you give yourself one flight;
Can use unlimited if you give yourself two flights

Fatigue policy
Operational - pay protected
Pilot induced - sick bank
Not paid if you don't fill out fatigue report

Profit sharing:
6% of the net profit; and
50% of every dollar earned above $30 million annual pre-tax income

Bonuses:
2016 $1000
2017 $1500 + ($1500 for captains and $8500 for FOs)
2018 $10k for captains and FOs. Additional $10k for ASA pilots.
$10k for new hires

That's a good "real contract", wish Skyw had that. And by the way, that's not the reason Xjet is shrinking.

Jonneaux
12-11-2017, 07:26 AM
That's a good "real contract", wish Skyw had that. And by the way, that's not the reason Xjet is shrinking.

Humor me then, why have they shrunk?

amcnd
12-11-2017, 07:34 AM
That's a good "real contract", wish Skyw had that. And by the way, that's not the reason Xjet is shrinking.

Yes its a lot more then Pilot contract. The MX contract is hurting them also...

Duesenflieger
12-11-2017, 07:49 AM
Humor me then, why have they shrunk?

Not sure whether serious or trolling.

Certainly not because XJT is a unionized carrier. St. George deemed XJT as a threat from day one of purchase. That is the reason why they have shrunk.

Think about this for a moment. XJT and SKYW could have been merged and none of this negative byproduct would be occurring right now. The people in charge of this decades long affair destroyed an entire carrier just to prove a point, by not having their star child SKYW be manipulated into unionizing.

Jonneaux
12-11-2017, 07:58 AM
Not sure whether serious or trolling.

Certainly not because XJT is a unionized carrier. St. George deemed XJT as a threat from day one of purchase. That is the reason why they have shrunk.

A threat? In what way? St. George spent several years trying to get XJT's costs inline. ALPA wouldn't budge. ASA was profitable before XJT. Biggest mistake OO ever made was buying them. They lost money before OO bought them and they still lose money. About three years ago St. George gave up on them and started winding them down. It didn't need to happen that way, but that's the way the Union wanted it. Highest paid to the last day. Soon they too will be gone.

Great contract there.

N1234
12-11-2017, 08:14 AM
Not sure whether serious or trolling.

Certainly not because XJT is a unionized carrier. St. George deemed XJT as a threat from day one of purchase. That is the reason why they have shrunk.

Think about this for a moment. XJT and SKYW could have been merged and none of this negative byproduct would be occurring right now. The people in charge of this decades long affair destroyed an entire carrier just to prove a point, by not having their star child SKYW be manipulated into unionizing.

What?

There are two operating units under the INC umbrella. One is more expensive than the other - why? See above. The more expensive one happens to be unionized but that is secondary.

What operating unit would you give business to? The expensive or the lower cost one?

I doubt people in SGU used to wake up in the morning with the desire to run XJT into the ground. That may have changed in the last few years. The cardinal mistake that was made was to think to reduce cost at XJT by bringing the contract(s) more in line with SKYW. That didn't work.

So new business goes to the more cost competitive operating unit.

And before all the XJT guys jump on me with their IT allocation argument.... What happens after XJT is gone? Where will the IT allocation go? It either goes away. Then it was truly justified. Or it doesn't go away and INC will have to absorb it in the SKYW unit. It is a left pocket right pocket argument.

N1234
12-11-2017, 08:18 AM
A threat? In what way? St. George spent several years trying to get XJT's costs inline. ALPA wouldn't budge. ASA was profitable before XJT. Biggest mistake OO ever made was buying them. They lost money before OO bought them and they still lose money. About three years ago St. George gave up on them and started winding them down. It didn't need to happen that way, but that's the way the Union wanted it. Highest paid to the last day. Soon they too will be gone.

Great contract there.

Very true. But I wouldn't high five just yet.

Things are brewing under the surface at SKYW too. It is still the employer of choice if you are looking for West Coast bases. But growth has been in the East.

Compensation and QoL are seriously lacking if competing against 9E.

I also wouldn't be surprised if the XJT attrition catches SGU flat footed. I don't think they expected those levels. And I doubt SKYW would have the ability to catch the ball. I just hope that the UA contract has an out.

AboveMins
12-11-2017, 08:54 AM
You and your glorious Union and contract. With that contract your company/pilot ranks have been decimated. Expressjet has imploded so fast it should make your head spin. Highest paid to the last day. ' Yay, look at me and my great CONTRACT, I'm on my way to being unemployed in a year, but in the meantime isn't this great. Hopefully, United will bail us out to protect their feed, otherwise next year I'll be on unemployment and wiping my a$$ with that awesome contract.'

At least you'll get to be a martyr like Comair.

Wow. So much pent up anger. I doubt many people at XJT give a rats behind about our future anymore. We all seem to be jumping off the stInc wagon, and on to better places, just fine. Don't worry about us, we'll make sure to turn off the lights behind us so SGU can afford your 1% raise. ;)

DirkDiggler
12-11-2017, 09:43 AM
The main reason INC has been shrinking XJT is because of UNPROFITABLE CPA’s. That’s it. The pilots aren’t paid THAT much more in overall compensation with benefits and soft time. Each plane that XJT flew lost money. Unfortunately the pilots aren’t to blame but whoever signed these zero profit CPAs. So skywest started doing smart business and shutting it down. It’s only until the past year or so UAL finally realized holy crap, our feed is imploding. This info is straight from an XJT management source.

trip
12-11-2017, 10:11 AM
The fact that all the ERJ145's were owned by UAL gave SKYW nowhere to turn for savings except labor and performance metrics. Labor could have taken a 50% reduction and Expressjet would still have lost money, that's how bad the contracts where. Blaming labor for the problem is really misguided. I think it was a really bad gamble they lost pursing Express jet thinking they could just renegotiate the CPA.
This is the reason SKYW has always strongly favored owning or leasing the aircraft they operate under contract.