Retro Pay Resolution
#121
To get back to the original subject of retro pay in 2019 the company was making RECORD profits as evidenced by the 2020 PS check. If a contract had been completed in a timely manner what % raise would we have seen? 12% maybe? Let’s say 10% on 1/1/20 to be conservative. With the “pandemic” hitting us hard in 2020 I’ll accept no additional raise on 1/1/21. By the end of ‘21 things were looking a lot better and we had all stepped to to the plate and worked while much of America cowered while “sheltering in place”, so I’ll add another 6% for this year.
So 10% for 2020 and 2021 with another 6% for 2022. For a pilot making $200k/yr that’s be an additional $20k for 2020 and 2021 and $33.2k for 2022 for a total retro payout of $73,200 assuming an effective date on the new contract of 1/1/23.
Of course I’d want to see a 1/1/23 raise as well, but for the sake of brevity thats a subject for another thread.
Anyway this is the MINIMUM amount I have to see for “retro”, “signing bonus” or whatever the heck else they want to call it. JMO, but I’m running the numbers now so I can make an educated decision when the time comes to check a box.
Last edited by Boatbuilder; 10-26-2022 at 06:01 AM.
#122
Line Holder
Joined: Sep 2014
Posts: 921
Likes: 14
Commuting to work? That’s an easy one. Call the DP and tell him you can’t get to work on your RESERVED JS as the captain refuses to let you on. Let them fight it out and enjoy the show.
To get back to the original subject of retro pay in 2019 the company was making RECORD profits as evidenced by the 2020 PS check. If a contract had been completed in a timely manner what % raise would we have seen? 12% maybe? Let’s say 10% on 1/1/20 to be conservative. With the “pandemic” hitting us hard in 2020 I’ll accept no additional raise on 1/1/21. By the end of ‘21 things were looking a lot better and we had all stepped to to the plate and worked while much of America cowered while “sheltering in place”, so I’ll add another 6% for this year.
So 10% for 2020 and 2021 with another 6% for 2022. For a pilot making $200k/yr that’s be an additional $20k for 2020 and 2021 and $33.2k for 2022 for a total retro payout of $73,200 assuming an effective date on the new contract of 1/1/23.
Of course I’d want to see a 1/1/23 raise as well, but for the sake of brevity thats a subject for another thread.
Anyway this is the MINIMUM amount I have to see for “retro”, “signing bonus” or whatever the heck else they want to call it. JMO, but I’m running the numbers now so I can make an educated decision when the time comes to check a box.
To get back to the original subject of retro pay in 2019 the company was making RECORD profits as evidenced by the 2020 PS check. If a contract had been completed in a timely manner what % raise would we have seen? 12% maybe? Let’s say 10% on 1/1/20 to be conservative. With the “pandemic” hitting us hard in 2020 I’ll accept no additional raise on 1/1/21. By the end of ‘21 things were looking a lot better and we had all stepped to to the plate and worked while much of America cowered while “sheltering in place”, so I’ll add another 6% for this year.
So 10% for 2020 and 2021 with another 6% for 2022. For a pilot making $200k/yr that’s be an additional $20k for 2020 and 2021 and $33.2k for 2022 for a total retro payout of $73,200 assuming an effective date on the new contract of 1/1/23.
Of course I’d want to see a 1/1/23 raise as well, but for the sake of brevity thats a subject for another thread.
Anyway this is the MINIMUM amount I have to see for “retro”, “signing bonus” or whatever the heck else they want to call it. JMO, but I’m running the numbers now so I can make an educated decision when the time comes to check a box.
#123
Gets Weekends Off
Joined: Jun 2015
Posts: 168
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#125
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Joined: Sep 2017
Posts: 1,021
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#126
Gets Weekends Off
Joined: May 2010
Posts: 310
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Expectations need to be adjusted a bit if you think we are getting 10% back to 1-1-20
#127
Line Holder
Joined: May 2019
Posts: 48
Likes: 0
From: 73N Captain (DAL 25yrs)
PSA: The Delta FA's have already received a 25.5% raise and we would currently be negotiating our NEXT contract (2023) at this time!
#128
4/4/13 raises starting 2020 would net me 100k for those 3 years of retro. This is my minimum. If you get a larger number earlier, it goes up from there. That averages to 33k per year.. That’s reasonable IMHO.
#129
Gets Weekends Off
Joined: Feb 2008
Posts: 20,869
Likes: 187
If only we had opened for near the numbers many are now claiming as reasonable. We would not need retro because we likely would have completed the deal. What about DC retro?
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