Any "Latest & Greatest" about Delta?
05-10-2015 | 06:41 AM
Gets Weekends Off
Joined: Dec 2007
Posts: 6,193
Likes: 255
Keep in mind that banking hours to cash in at a higher rate later does not work out like most think. You are banking hours not pay. If you work one hour now and bank it the rate is the same as if you work that hour next year. Either way you work one hour. Banking hours is best used if you want to build a big block of time off at a later date.
You're better off buying vacation days.
05-10-2015 | 06:51 AM
Line Holder
Joined: Jan 2015
Posts: 208
Likes: 12
Keep in mind that banking hours to cash in at a higher rate later does not work out like most think. You are banking hours not pay. If you work one hour now and bank it the rate is the same as if you work that hour next year. Either way you work one hour. Banking hours is best used if you want to build a big block of time off at a later date.
05-10-2015 | 07:10 AM
Works Every Weekend
Joined: Dec 2007
Posts: 3,506
Likes: 0
From: 737 ATL
Keep in mind that banking hours to cash in at a higher rate later does not work out like most think. You are banking hours not pay. If you work one hour now and bank it the rate is the same as if you work that hour next year. Either way you work one hour. Banking hours is best used if you want to build a big block of time off at a later date.
When you withdraw an hour it is at your current rate, not your rate when it was deposited.
If you make a bank deposit of one hour while you are on probation you can withdraw that same hour the next year at 2nd year pay.
The best time to bank hours is if you are expecting an upgrade from FO to Captain. You can bank those hours at the FO payrate and withdraw them at Captain payrate.
If you play it correctly, up to 60 hours of your time as an FO you could be making Captain pay.
05-10-2015 | 07:16 AM
Gets Weekends Off
Joined: Oct 2013
Posts: 1,299
Likes: 0
Keep in mind that banking hours to cash in at a higher rate later does not work out like most think. You are banking hours not pay. If you work one hour now and bank it the rate is the same as if you work that hour next year. Either way you work one hour. Banking hours is best used if you want to build a big block of time off at a later date.
05-10-2015 | 07:18 AM
Gets Weekends Off
Joined: Oct 2013
Posts: 1,299
Likes: 0
05-10-2015 | 07:25 AM
Works Every Weekend
Joined: Dec 2007
Posts: 3,506
Likes: 0
From: 737 ATL
Exactly. It's not possible to cash out 40 hrs of bank at once unless you PD most of your trips. I don't have the contract in front of me, but I believe you cash up to the ALV+15 or max 82 hours, whichever is less. And if you GS you can't cash out more than 5 hours.
You're better off buying vacation days.
You're better off buying vacation days.
You could personal drop your entire month and use the bank to still get paid.
Assuming you had a 60 hour balance you could withdraw all of that and borrow 22 hours and you would get paid 82 hours without flying a single minute.
05-10-2015 | 07:27 AM
Line Holder
Joined: Sep 2011
Posts: 1,098
Likes: 2
From: Hates Commuting
05-10-2015 | 07:29 AM
Works Every Weekend
Joined: Dec 2007
Posts: 3,506
Likes: 0
From: 737 ATL
05-10-2015 | 07:43 AM
Otto
Joined: Jul 2013
Posts: 1,806
Likes: 0
From: Turkish Pile Driver
Thanks again, the continuing discussion was extremely informative. I feel like I've got a good handle on the bank and GS pay rules now.
05-10-2015 | 07:51 AM
Gets Weekends Off
Joined: Feb 2008
Posts: 20,876
Likes: 193
You still worked the exact same hour for the pay. You simply time shifted when you do the work. If you want more time off at a later date works well.
Thread
Thread Starter
Forum
Replies
Last Post
