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Originally Posted by MJP27
(Post 3497264)
Yeah, my O/U is 5%
reason being is we retired a significant number of employees during Covid (16k IIRC), most of whom were at the top of the pay scale. Since then we have either not replaced them or have replaced them with employees on year 1 pay. It would not surprise me at all if delta’s 2022 non pilot payroll costs are lower by a decent margin compared to 2019 |
Originally Posted by Gone Flying
(Post 3497252)
it may be half the profit but closer to 1/3 the PS payout. If our profit is 3B the profit sharing amount would be 350M. If profit were 6B it would be 950M
You’re right, but after reviewing forward guidance and the lower pressures from jet fuel, it’s looks like Q3 and Q4 will come in on the higher end of guidance. I don’t think $4 billion will be reached but it will be a high 3-something. So I’m thinking 2/3 the profit and ~1/2 the PS payout. That’s a pretty good recovery all things considered. Again everything is a WAG as we only have half the year’s numbers so far. |
Originally Posted by Gone Flying
(Post 3497306)
I’ll say 6%
reason being is we retired a significant number of employees during Covid (16k IIRC), most of whom were at the top of the pay scale. Since then we have either not replaced them or have replaced them with employees on year 1 pay. It would not surprise me at all if delta’s 2022 non pilot payroll costs are lower by a decent margin compared to 2019 |
Originally Posted by bugman61
(Post 3497317)
There's no easy way to determine the PS wage base from SEC filings, but you can get an idea of the trend. For the first 6 months of 2019 Salaries and Related Costs were 5.6 billion, and for 2022 it was 5.8 billion. There is a lot of stuff included in that number that wont be in the PS wage base, but it doesn't suggest that wages will be down significantly.
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Originally Posted by Gone Flying
(Post 3497333)
thats definitely interesting and not where I thought they would be. I do have to wonder how much our wages are affecting that number. Unlike the non cons, we have significantly higher costs associated with our overtime and from looking at their pay scales they seem to have a much higher pay disparity between someone with 4 years vs top of the pay scale compared to us (assuming the same job)
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Originally Posted by Gone Flying
(Post 3497306)
Since then we have either not replaced them or have replaced them with employees on year 1 pay.
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Originally Posted by ODB2
(Post 3493181)
Same question but A350
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Stupid question: is reroute pay paid above reserve guarantee like GS pay? TIA
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Originally Posted by game
(Post 3498057)
Stupid question: is reroute pay paid above reserve guarantee like GS pay? TIA
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Originally Posted by Funk
(Post 3498114)
Yes. It will show up as reroute pay on your time card, just under G/S pay on the left.
Most reroutes in my experience show up as 4F1R (or similar) up top with rotations. And yes, all reroutes are always above guarantee. |
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