New FedEx LOA
06-28-2007, 07:14 AM
#41
Gets Weekends Off
Joined APC: Nov 2005
Position: 757 Capt
Posts: 2,418
If I am reading the LOA correctly.
If I choose a 3 year commitment, I get to move my HHG, but no housing allowance.....since the housing allowance is only mentioned in the shorter 2 year commitment. If I go for 2 yrs, I get to store my stuff, and then ship whatever I buy back, space A (and I get 10k versus the 10k or 79CH whichever is higher I get in existing contract)
No COLA in anyway shape or form.
Maybe a FDA bonus section 6 depending on my level of commitment.
The only thing I like is the discussion of STV where I am assigned a modified SIBA and have a hotel room for the entire stay and get per diem the entire time
(approx 140 euro/night for CDG==4200 euros for 30 days)
(825 HKG/night==24750HKG)
But, why do I have to submit a pay log to get the per diem when I am not on a trip. For the STV, why can't the company program 28 days of per diem and subtract the per diem I would get on a trip.....what happens if I am on a STV and get assigned an out and back trip with no associated per diem.....would the computer still give me per diem or kick it back since I have a pairing over that same period of time?
I thought the ANC LOA was a good deal and voted yes.
This doesn't look like a good deal to me, and I am going to vote No
In theory, it would be great to be single and go there, but this package is a much poorer deal than even the much maligned benefits given to our military folks who are assigned overseas.
If I choose a 3 year commitment, I get to move my HHG, but no housing allowance.....since the housing allowance is only mentioned in the shorter 2 year commitment. If I go for 2 yrs, I get to store my stuff, and then ship whatever I buy back, space A (and I get 10k versus the 10k or 79CH whichever is higher I get in existing contract)
No COLA in anyway shape or form.
Maybe a FDA bonus section 6 depending on my level of commitment.
The only thing I like is the discussion of STV where I am assigned a modified SIBA and have a hotel room for the entire stay and get per diem the entire time
(approx 140 euro/night for CDG==4200 euros for 30 days)
(825 HKG/night==24750HKG)
But, why do I have to submit a pay log to get the per diem when I am not on a trip. For the STV, why can't the company program 28 days of per diem and subtract the per diem I would get on a trip.....what happens if I am on a STV and get assigned an out and back trip with no associated per diem.....would the computer still give me per diem or kick it back since I have a pairing over that same period of time?
I thought the ANC LOA was a good deal and voted yes.
This doesn't look like a good deal to me, and I am going to vote No
In theory, it would be great to be single and go there, but this package is a much poorer deal than even the much maligned benefits given to our military folks who are assigned overseas.
06-28-2007, 07:17 AM
#42
Line Holder
Joined APC: Jan 2007
Position: Airbus Capt (duh)
Posts: 37
Originally Posted by viperdriver
Anyone understand the reverse seniority part if the STV goes unfilled? I thought under the current contract that filling FDA's had to be voluntary? Be interesting with a guy in the Guard.
24.C.5.b states, "No pilot may be assigned involuntarily to fill an FDA vacancy. If no pilot on the Master Seniority List expresses a preference
by standing bid for an FDA vacancy, the Company may hire
a pilot to fill that vacancy."As for a guy in the Guard, 13.D.2 states, "When warranted by operational needs, the Company may request appropriate military or government authorities to defer a pilot’s military service. Once notified of a FDA assignment, a pilot shall advise the appropriate military authorities in writing of his expected absence from the country."
06-28-2007, 07:17 AM
#43
Gets Weekends Off
Joined APC: Aug 2006
Posts: 3,931
Originally Posted by FDXLAG
It would be nice if the STVs could be bid on like SIBA. That should follow money as the priority for the next LOA.
"During negotiations management made it clear that they did not intend to open the next aircraft bid until after the ratification process is completed..."
"During negotiations management made it clear that they did not intend to open the next aircraft bid until after the ratification process is completed..."
The STV verbage is another failure of the NC. STVs should be bid on. No cost to the company there.
Message to the MEC--Stop caving in to Company appeals to our fear and greed. The company will open a bid when they need to, period.
Good on all of you willing to vote down this LOA. That is the good fight.
06-28-2007, 07:21 AM
#44
Gets Weekends Off
Joined APC: Jun 2006
Posts: 732
Originally Posted by FDXLAG
It would be nice if he had equal time to publish his views on the union mailings.
06-28-2007, 07:48 AM
#45
Gets Weekends Off
Joined APC: Jul 2006
Position: 767 Cap
Posts: 1,306
Originally Posted by skypine27
6-- We're getting "tax equalization." In other words, you will pay the exact same taxes as if you lived in the USA. Isn't that the whole point of being an ex-pat, to avoid paying US Federal income tax (on the 1st 84K anyway) Take away that benefit, and still expect guys to live in THE most expensive, one of the MOST polluted (complete with air you can see), and crowded cities in the world?? I have never, ever, in the history of any US company basing employees overseas, heard of taking away the tax benefit Is FedEX honing its stand-up routine or what?
Let me explain. You are decrying the loss of the $80K exclusion. We don't lose that. But it only applies to Uncle Sam's take. What you are forgetting is the tax that Franch or China will take on your salary. Do you think those two entities will let an American live in their contry, make $250K (HKG WB Cap) and not collect taxes. The tax equalization will be that Price-Waterhouse figures out what you total US tax bill would have been, adds up your total bill from Uncle Sugar and the foreign country, and the company refunds you the difference if the combined total is larger. Obviously, for a newhire FO, the combined total could very well be less than US taxes on $50K plus the $2700/mo housing, which I assume will be taxable. It's not like the military paying you BAQ. It's an increase in your compensation (no matter how inadequate you feel it) to cover an out of the ordinary expense. There is no special tax catagory for housing allowance.
The only time that $80K exclusion is a real bonus for an expat is when the host country agrees to not tax the expat (like I understand the Phillipines at SFS do. Don't know for sure. Never been there.)
06-28-2007, 07:50 AM
#46
Gets Weekends Off
Joined APC: Jan 2007
Position: MD-11 F/O
Posts: 390
Its a no vote for me too. No help on schools, no tickets till after year 2, the tickets are back to Memphis or equitable cost, no real talk about health care... just too many issues not addressed. If the company really wants experience guys flying there, they'll fix it. If not, welcome new hires!
06-28-2007, 07:53 AM
#47
Gets Weekends Off
Joined APC: Nov 2006
Position: Window Seat
Posts: 101
The old donkey and carrot trick
"During negotiations management made it clear that they did not intend to open the next aircraft bid until after the ratification process is completed. The LOA is contingent on the approval by Hong Kong authorities of residency visas and work permits."
Ahhh, the carrot! Very clever!!!
Ahhh, the carrot! Very clever!!!
06-28-2007, 07:55 AM
#48
Gets Weekends Off
Joined APC: Nov 2006
Position: 767 FO
Posts: 8,047
Originally Posted by fdx727pilot
While I agree that this whole thing is substandard, this comment shows a serious misunderstanding. This tax equalization is a standard part of any overseas assignment. Panam (where I flew back in the day) did something very similar at their Berlin base.
Let me explain. You are decrying the loss of the $80K exclusion. We don't lose that. But it only applies to Uncle Sam's take. What you are forgetting is the tax that Franch or China will take on your salary. Do you think those two entities will let an American live in their contry, make $250K (HKG WB Cap) and not collect taxes. The tax equalization will be that Price-Waterhouse figures out what you total US tax bill would have been, adds up your total bill from Uncle Sugar and the foreign country, and the company refunds you the difference if the combined total is larger. Obviously, for a newhire FO, the combined total could very well be less than US taxes on $50K plus the $2700/mo housing, which I assume will be taxable. It's not like the military paying you BAQ. It's an increase in your compensation (no matter how inadequate you feel it) to cover an out of the ordinary expense. There is no special tax catagory for housing allowance.
The only time that $80K exclusion is a real bonus for an expat is when the host country agrees to not tax the expat (like I understand the Phillipines at SFS do. Don't know for sure. Never been there.)
Let me explain. You are decrying the loss of the $80K exclusion. We don't lose that. But it only applies to Uncle Sam's take. What you are forgetting is the tax that Franch or China will take on your salary. Do you think those two entities will let an American live in their contry, make $250K (HKG WB Cap) and not collect taxes. The tax equalization will be that Price-Waterhouse figures out what you total US tax bill would have been, adds up your total bill from Uncle Sugar and the foreign country, and the company refunds you the difference if the combined total is larger. Obviously, for a newhire FO, the combined total could very well be less than US taxes on $50K plus the $2700/mo housing, which I assume will be taxable. It's not like the military paying you BAQ. It's an increase in your compensation (no matter how inadequate you feel it) to cover an out of the ordinary expense. There is no special tax catagory for housing allowance.
The only time that $80K exclusion is a real bonus for an expat is when the host country agrees to not tax the expat (like I understand the Phillipines at SFS do. Don't know for sure. Never been there.)
I know what the LOA says but what it should say is: I'll take care of my uncle sam. Fred should take care of the commie ba$turds in france and china.
06-28-2007, 08:01 AM
#50
Line Holder
Joined APC: Mar 2007
Posts: 99
For starters, this package is not even close for me to bid an FDA.
I would like to hear from someone who does want to bid to the FDA.
How would you like for me to vote on this?
I will support you guys before I would the 11 distinguished gentlemen that already voted.
I would like to hear from someone who does want to bid to the FDA.
How would you like for me to vote on this?
I will support you guys before I would the 11 distinguished gentlemen that already voted.
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