Fedex Furlough News?
04-06-2009 | 05:59 AM
#81
Gets Weekends Off
Joined: Jul 2007
Posts: 3,203
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From: Gear Monkey
At 48 credit hrs a month, even at max scale SO wages, I can't imagine that many "high 5" averages are really growing.
...but don't forget the additional 2% multiplier for each year--- yes!!... but how much is one giving up in retirement and SS?
What's the marginal benefit for continuing to work nights/sit 15 days of reserve for those past 60/65?
It's clearly much less at 48 hrs vs 68 hrs.
...and the life expectancy clock is still ticking away (...shhh, quiet, you can hear it --- it actually gets louder)
If the SO Avg BLGs fall that low, perhaps it's an "early retirement incentive" in disguise.
04-06-2009 | 06:08 AM
#82
Banned
Joined: Mar 2009
Posts: 798
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From: 757 Capt
While not disagreeing with the premise of your post, that statement may not be agreed to by all. As one said, 48 IS better than 0.
I've been in the circumstance of an obscene # of reserves in the seat, and actually had absolutely no problem working home construction during the period, (while on 1-hour callout).
Not saying it's ideal - just saying to look at any bright side that might be out there. If that situation develops, a S/O will be utilized VERY little, and certainly will have the opportunity to try to supplement income during the time. Might be a great opportunity to look into that 'back-up' that Albie has mentioned a few times.
I think I averaged flying 2-3 days a month, and if it plays out like you think, probably one trip gets you free the rest of the month. If it plays out differently, your RLG will be up, but you'll be working them......
I hope things get better quickly.
I've been in the circumstance of an obscene # of reserves in the seat, and actually had absolutely no problem working home construction during the period, (while on 1-hour callout).
Not saying it's ideal - just saying to look at any bright side that might be out there. If that situation develops, a S/O will be utilized VERY little, and certainly will have the opportunity to try to supplement income during the time. Might be a great opportunity to look into that 'back-up' that Albie has mentioned a few times.
I think I averaged flying 2-3 days a month, and if it plays out like you think, probably one trip gets you free the rest of the month. If it plays out differently, your RLG will be up, but you'll be working them......
I hope things get better quickly.
BTW, good luck with home construction, McDonalds, or anything else this time around.
PIPE
04-06-2009 | 06:20 AM
#83
Part Time Employee
Joined: Jul 2006
Posts: 1,918
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From: Dispersing Green House Gasses on a Global Basis
I wonder if such a situation may entice those who are retirement eligible, and social security eligible, to look closely at how much marginal income they are actually making by continuing to plumb.
At 48 credit hrs a month, even at max scale SO wages, I can't imagine that many "high 5" averages are really growing.
...but don't forget the additional 2% multiplier for each year--- yes!!... but how much is one giving up in retirement and SS?
What's the marginal benefit for continuing to work nights/sit 15 days of reserve for those past 60/65?
It's clearly much less at 48 hrs vs 68 hrs.
...and the life expectancy clock is still ticking away (...shhh, quiet, you can hear it --- it actually gets louder)
If the SO Avg BLGs fall that low, perhaps it's an "early retirement incentive" in disguise.
At 48 credit hrs a month, even at max scale SO wages, I can't imagine that many "high 5" averages are really growing.
...but don't forget the additional 2% multiplier for each year--- yes!!... but how much is one giving up in retirement and SS?
What's the marginal benefit for continuing to work nights/sit 15 days of reserve for those past 60/65?
It's clearly much less at 48 hrs vs 68 hrs.
...and the life expectancy clock is still ticking away (...shhh, quiet, you can hear it --- it actually gets louder)
If the SO Avg BLGs fall that low, perhaps it's an "early retirement incentive" in disguise.
Wouldn't you do all this for the opportunity to spend time with your buds and get free travel anywhere you want to go?
04-06-2009 | 03:05 PM
#84
Nice lookin' tree, there!
Joined: Sep 2006
Posts: 2,242
Likes: 14
From: Tool-Box, old man
In unity,
fbh
04-06-2009 | 05:49 PM
#86
Banned
Joined: Mar 2009
Posts: 798
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From: 757 Capt
None of this is setting up for a "sharing of the pain". Once the manning is "right", the BLG's will go up -- all except for the obvious one - 27S. At that point, all "sharing" will cease. Per ALPA policy, all concern for the hostages will cease at that point as well, because the top 90%+ will feel the thumbscrews loosen.
Yeah, a small percentage are sharing through the loss of a seat that they held "out of seniority" as well (I'm one of those), but it's a drop in the bucket. I expect the MEC will get pretty quiet after this excess is final. The only battle left will be furlough prevention, and try as I might, I don't see our leverage. We will have lost on 4.a.2.b, FDA LOA, retirement incentives, 777 pay, etc. The final HKG slots will be filled by offering guys at the bottom a choice between HKG and MCD (McDonalds) as their domicile of choice.
Game, set, match.
All I can say is that I hope memories don't get short between now and Oct 2010. Just remember -- they've done whatever they darn well pleased throughout this whole goatrope.
PIPE
Yeah, a small percentage are sharing through the loss of a seat that they held "out of seniority" as well (I'm one of those), but it's a drop in the bucket. I expect the MEC will get pretty quiet after this excess is final. The only battle left will be furlough prevention, and try as I might, I don't see our leverage. We will have lost on 4.a.2.b, FDA LOA, retirement incentives, 777 pay, etc. The final HKG slots will be filled by offering guys at the bottom a choice between HKG and MCD (McDonalds) as their domicile of choice.
Game, set, match.
All I can say is that I hope memories don't get short between now and Oct 2010. Just remember -- they've done whatever they darn well pleased throughout this whole goatrope.
PIPE
04-06-2009 | 05:58 PM
#87
Banned
Joined: Mar 2009
Posts: 798
Likes: 0
From: 757 Capt
At any other airline a $100 million quarterly profit would be applauded. No other airline (other than UPS) would even dare to utter any of this stuff under their breath after a $100 million dollar quarter -- but we're getting rolled like a drunk street bum. We gotta wake up guys.
PIPE
PIPE
04-06-2009 | 10:18 PM
#90
Nice lookin' tree, there!
Joined: Sep 2006
Posts: 2,242
Likes: 14
From: Tool-Box, old man
None of this is setting up for a "sharing of the pain". Once the manning is "right", the BLG's will go up -- all except for the obvious one - 27S. At that point, all "sharing" will cease. Per ALPA policy, all concern for the hostages will cease at that point as well, because the top 90%+ will feel the thumbscrews loosen.
Yeah, a small percentage are sharing through the loss of a seat that they held "out of seniority" as well (I'm one of those), but it's a drop in the bucket. I expect the MEC will get pretty quiet after this excess is final. The only battle left will be furlough prevention, and try as I might, I don't see our leverage. We will have lost on 4.a.2.b, FDA LOA, retirement incentives, 777 pay, etc. The final HKG slots will be filled by offering guys at the bottom a choice between HKG and MCD (McDonalds) as their domicile of choice.
Game, set, match.
All I can say is that I hope memories don't get short between now and Oct 2010. Just remember -- they've done whatever they darn well pleased throughout this whole goatrope.
PIPE
Yeah, a small percentage are sharing through the loss of a seat that they held "out of seniority" as well (I'm one of those), but it's a drop in the bucket. I expect the MEC will get pretty quiet after this excess is final. The only battle left will be furlough prevention, and try as I might, I don't see our leverage. We will have lost on 4.a.2.b, FDA LOA, retirement incentives, 777 pay, etc. The final HKG slots will be filled by offering guys at the bottom a choice between HKG and MCD (McDonalds) as their domicile of choice.
Game, set, match.
All I can say is that I hope memories don't get short between now and Oct 2010. Just remember -- they've done whatever they darn well pleased throughout this whole goatrope.
PIPE
fbh
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