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Originally Posted by Check Essential
(Post 1386977)
There's a brand new LM-2 out for 2012.
Its just as you said. The BOD reduced Moak's salary. APPLAUSE!! PRESS RELEASE!! But wait. There's fine print. His total compensation went up?. :confused:
Why am I not surprised? Typically the total cost to employ someone is 35% over their salary. That's what I've heard companies budget before for corporate pilots. Here you're running at 60%. Let me see if I can find a "you decide" if that's worth it pic... nope... found this one for 80 though! http://weknowmemes.com/wp-content/up...ma-240x180.jpg |
Originally Posted by Timbo
(Post 1386989)
Back in the day, well prior to Bankruptcy, the ALPA President made an average of what the top 3 ALPA Airline Capt's. were paid. Then UAL, DAL, NWA, US Air, CAL, and most of the majors went bankrupt, oh, and lost their pensions as well...
BUT...what did the ALPA President Pay do? Kept right on going up, as if nothing had happened, I think THAT is what irks most of us! I don't blame Lee Moak for all the bankruptcies, that happened before he even took over as the DALPA Chairman. OH, BTW, Lee Moak can't hold the 777 at Delta, yet he's pulling in about DOUBLE what the Delta 777 Captains are and he now has a Retirment Plan just wee bit better than our 401K plan. Oh, and before he ran for ALPA President, he WAS on the ALPA Compensation Committee, and he also said he wasn't interested in holding the President job when he voted to increase that pay... |
Originally Posted by forgot to bid
(Post 1387016)
Typically the total cost to employ someone is 35% over their salary. That's what I've heard companies budget before for pilots. Here you're running at 60%.
[I went looking for a "you decide" theme picture, all I found was this one for 80ktsclamp... http://weknowmemes.com/wp-content/up...ma-240x180.jpg oh well.] Why would I want to choose an Enima?? :eek: :D |
Originally Posted by alfaromeo
(Post 1387017)
How much would a 777 Captain make if he worked 365 days a year? When Lee was on the compensation committee he spearheaded the effort to reduce the compensation for the officers, at least get the facts straight. By the way he also supported this last BOD which further reduced officer pay for the next few years.
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I'll do the quick math for you on what a 777/747 Captain at Delta makes:
DALPA says the "Average Pilot" gets paid 87 per month. (I'm well below average I guess) OK, 87 x 12 mo. = 1044 hrs. pay per year, x $250/hr. = $261,000./yr. If you add in a 30% override for Medical and 401K contributions (which is wayyy too high now that we don't have a DB plan) it's another $78,300, for a total of $339,300/yr., at least $200,000 BELOW what the President is pulling in. |
Comparing seniority list jobs with non seniority list jobs....pointless. Just like pilots that transition to management.....apples and oranges. If you desire those more than go for it but arguing over their comparisons is fruitless.
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Wasn't there a rumor concerning us acquiring some Kingfisher jets?
15 leased planes from Kingfisher so heavily cannibalized they may only land in scrapyards - The Times of India |
Originally Posted by dalad
(Post 1387032)
All pilots work 365 days per year minus vacation. There's this thing called inverse assignment. They could call me right now. cmon, Alfa, really?
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Originally Posted by BlueMoon
(Post 1386994)
On that same point, do you feel CEO's of large corporations shouldn't make more than the POTUS? I mean LM is essentially the CEO of ALPA which is a very large organization. His pay like that of CEO's is set by the BOD, who are elected by the stockholders (us).
I do agree his pay is high and out of line in my opinion, but that is something we as the voting members need to set. I would set it at no more than 10 times the lowest paid ALPA pilots guaranteed pay. If he got regional FO pay up to 45k a year, he can then have 450,000 a year in compensation. I guess on some level our union is run like a business, and that is a fact that bothers me at times. I drifted from the original topic and took it out of context. I do feel as though our union's president is grossly overpaid. |
Union presidents, politicians and diapers should be changed frequently, and for the same reasons.
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