Originally Posted by Scooter432 (Post 3520405)

Yes, retro is emotional. By my numbers on my earnings I’m due close to 100k.

Just raising the question here, before I get trampled on. Do we expect the company to pay out 1.5B in retro on top of contract by all estimates will be 2B or so? I think we need to get realistic here. Yes, retro holds the company accountable for dragging this out, but if folks think they are all going to be getting 100-150k checks plus rates from mid 20s/30% (on top of contractual gains) are going to be very disappointed.

In light of the impending economic environment that could get ugly fast , turning down a solid win contract over retro will cost us in the long run. Saying it here now on record. At some point time value money ( can’t believe I’m saying a Moak term) does come into effect.

We need to see the whole contract holistically and see how much the bonus/retro ends up being under that lens.

Originally Posted by Scooter432 (Post 3520405)

Yes, retro is emotional. By my numbers on my earnings I’m due close to 100k.

Just raising the question here, before I get trampled on. Do we expect the company to pay out 1.5B in retro on top of contract by all estimates will be 2B or so? I think we need to get realistic here. Yes, retro holds the company accountable for dragging this out, but if folks think they are all going to be getting 100-150k checks plus rates from mid 20s/30% (on top of contractual gains) are going to be very disappointed.

In light of the impending economic environment that could get ugly fast , turning down a solid win contract over retro will cost us in the long run. Saying it here now on record. At some point time value money ( can’t believe I’m saying a Moak term) does come into effect.

We need to see the whole contract holistically and see how much the bonus/retro ends up being under that lens.

Originally Posted by Boatbuilder (Post 3520325)

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.

Originally Posted by PapaMike (Post 3520371)

Going to be a lot of unhappy people who dont get that massive pay raise they think they deserve while we were losing billions.

Expectations need to be adjusted a bit if you think we are getting 10% back to 1-1-20

Originally Posted by hockeypilot44 (Post 3520421)

I agree with you. I’m a no vote to anything less. Based on the other airlines TA’s, I have come to realize that what we are expecting and deserve is not going to happen. The United and American TA’s have cut our legs out from under us. That won’t stop me from voting no though. I’m willing to strike.

Originally Posted by Scooter432 (Post 3520405)

Yes, retro is emotional. By my numbers on my earnings I’m due close to 100k.

Just raising the question here, before I get trampled on. Do we expect the company to pay out 1.5B in retro on top of contract by all estimates will be 2B or so? I think we need to get realistic here. Yes, retro holds the company accountable for dragging this out, but if folks think they are all going to be getting 100-150k checks plus rates from mid 20s/30% (on top of contractual gains) are going to be very disappointed.

In light of the impending economic environment that could get ugly fast , turning down a solid win contract over retro will cost us in the long run. Saying it here now on record. At some point time value money ( can’t believe I’m saying a Moak term) does come into effect.

We need to see the whole contract holistically and see how much the bonus/retro ends up being under that lens.

Originally Posted by hockeypilot44 (Post 3520421)

I agree with you. I’m a no vote to anything less. Based on the other airlines TA’s, I have come to realize that what we are expecting and deserve is not going to happen. The United and American TA’s have cut our legs out from under us. That won’t stop me from voting no though. I’m willing to strike.

Originally Posted by Scooter432 (Post 3520405)

Yes, retro is emotional. By my numbers on my earnings I’m due close to 100k.

Just raising the question here, before I get trampled on. Do we expect the company to pay out 1.5B in retro on top of contract by all estimates will be 2B or so? I think we need to get realistic here. Yes, retro holds the company accountable for dragging this out, but if folks think they are all going to be getting 100-150k checks plus rates from mid 20s/30% (on top of contractual gains) are going to be very disappointed.

In light of the impending economic environment that could get ugly fast , turning down a solid win contract over retro will cost us in the long run. Saying it here now on record. At some point time value money ( can’t believe I’m saying a Moak term) does come into effect.

We need to see the whole contract holistically and see how much the bonus/retro ends up being under that lens.