Compass updates
11-30-2015 | 08:29 PM
#8731
New Hire
Joined: Nov 2015
Posts: 3
Likes: 0
And I paid for a crashpad yesterday..
11-30-2015 | 09:17 PM
#8733
Gets Weekends Off
Joined: Jun 2013
Posts: 665
Likes: 0
From: On the right hand side
That is so people can decide whether they want to bet they will make more than the 10k with the new rate, or take the guaranteed money. It is also a bet as to whether the person will be at another airline within 12 months or not. If someone feels they will leave Compass in under 12 months, they might take the higher pay vs the bonus which they would have to pay back. Even if the new pay is less than 10k more over the course of a year, should that person leave, they are not indebted to the company.
11-30-2015 | 09:35 PM
#8735
Gets Weekends Off
Joined: Nov 2012
Posts: 880
Likes: 0
From: 737 FO
That is so people can decide whether they want to bet they will make more than the 10k with the new rate, or take the guaranteed money. It is also a bet as to whether the person will be at another airline within 12 months or not. If someone feels they will leave Compass in under 12 months, they might take the higher pay vs the bonus which they would have to pay back. Even if the new pay is less than 10k more over the course of a year, should that person leave, they are not indebted to the company.
Getting rid of the bonus and getting pay rates is a huge win. The company cannot take this now contractual item away.
12-01-2015 | 05:45 AM
#8736
Gets Weekends Off
Joined: Nov 2015
Posts: 227
Likes: 0
The new pay is basically the $10,000 bonus translated into a pay rate. I think it's a no-brainer. The bonus is paid out over three installments I believe, so pay for the other 9 months sucks. On top of that if you credit 85+ a month, like everybody is, you come out ahead.
Getting rid of the bonus and getting pay rates is a huge win. The company cannot take this now contractual item away.
Getting rid of the bonus and getting pay rates is a huge win. The company cannot take this now contractual item away.
12-01-2015 | 05:57 AM
#8737
Gets Weekends Off
Joined: Feb 2007
Posts: 3,045
Likes: 1
From: FO
You would get a lot of it back when you filed your tax return.
12-01-2015 | 07:05 AM
#8739
Gets Weekends Off
Joined: Nov 2014
Posts: 173
Likes: 0
For the new hires this is awesome. For those that have been here a couple/few months they are better off just taking the $10K bonus.
I ran the numbers and even if you had 95 hours of credit a month for 8 months straight you'd still make less with the new $35.81/($36.25 in Jan?) pay. And as we become fully staffed those critical trips won't be as common.
So I'm glad they did this, it's awesome to see pay going up.
I ran the numbers and even if you had 95 hours of credit a month for 8 months straight you'd still make less with the new $35.81/($36.25 in Jan?) pay. And as we become fully staffed those critical trips won't be as common.
So I'm glad they did this, it's awesome to see pay going up.
12-01-2015 | 07:11 AM
#8740
Line Holder
Joined: Sep 2014
Posts: 68
Likes: 0
For the new hires this is awesome. For those that have been here a couple/few months they are better off just taking the $10K bonus.
I ran the numbers and even if you had 95 hours of credit a month for 8 months straight you'd still make less with the new $35.81/($36.25 in Jan?) pay. And as we become fully staffed those critical trips won't be as common.
So I'm glad they did this, it's awesome to see pay going up.
I ran the numbers and even if you had 95 hours of credit a month for 8 months straight you'd still make less with the new $35.81/($36.25 in Jan?) pay. And as we become fully staffed those critical trips won't be as common.
So I'm glad they did this, it's awesome to see pay going up.
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