Agreement Reach Improvements to current CBA.
12-22-2021, 08:12 AM
#1
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Joined APC: Apr 2015
Posts: 2,427
Agreement Reach Improvements to current CBA.
Enhanced Retirement and 401(k) Match Program
- Introduction of a new Defined Contribution Plan in addition to your 401(k) match which provides for a 2% defined contribution with a 5-year vesting period.
- Effective for 2022, the Company 401(k) match will increase to 10% from the current 6%.
- Elimination of the mandatory arbitration provision in the event of a merger with another airline.
- Implementation of a significantly enhanced Long-Term Disability (LTD) plan which provides coverage to age 65 (beyond the current two-year limit) in the event of loss of license/inability to perform services as a pilot.
- First-year competitive pay increase.
- $92 an hour starting rate, a shift from $1,600 per month for the first four months. In the transition, New Hire pay will not be decreased.
- A provision was added related to flying over 16 hours of block time and how that flying will be compensated.
- Numerous clarifications to articles 14, 24, 25, 27, 28 and 31.
12-22-2021, 10:06 AM
#4
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I called this when many started complaining that the award was too low. I said then that if they aren't getting the hiring and retention numbers they want, they'd have to improve the CBA.
That took what? two-three months?
My personal read on this is that they will be back again within another six months to improve it again to aid hiring and retention.
That took what? two-three months?
My personal read on this is that they will be back again within another six months to improve it again to aid hiring and retention.
12-22-2021, 10:47 AM
#8
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Joined APC: Jun 2017
Position: 777 Left window seat
Posts: 640
Originally Posted by Cujo665
I called this when many started complaining that the award was too low. I said then that if they aren't getting the hiring and retention numbers they want, they'd have to improve the CBA.
That took what? two-three months?
My personal read on this is that they will be back again within another six months to improve it again to aid hiring and retention.
That took what? two-three months?
My personal read on this is that they will be back again within another six months to improve it again to aid hiring and retention.
12-22-2021, 11:44 AM
#9
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Joined APC: May 2012
Posts: 1,154
Originally Posted by Maxcackel
Still to be answered is what did the union give up to get this?
That said, at first glance…well done Atlas pilots! These were some major issues when I was there. Thanks for fighting the good fight.
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