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Originally Posted by Wasatch Phantom
Timbo.
Your post made me do some research that's pretty darn depressing.
In February 1995 I was a four year 727 First Officer. My hourly rate was $98.48. I contributed 6% to the Family Care Savings Plan, so my effective rate was $92.57.
Seventeen years later I'm an A-320 Captain and my hourly rate is $175.00 an hour. Because I'm a dead zoner I contribute 25% to my retirement (including the over 50 catch-up contribution). That makes my effective rate $131.25. (And I'm not getting into the degradation of our medical plan ...)
So using an inflation calculator, $92.57 in 1995 dollars equates to $136.63 in 2011 dollars. I'm essentially making five bucks an hour less as a 22 year A-320 Captain than I was making as a 4 year 727 First Officer, barely off B-scale!
I guess this would be the point that Slow, Sailing, Alfa, or PG will chime in and tell me how great I'm doing....
It sure doesn't feel it from where I'm sitting.
Quote:
Man-up and quit whining!
Look, I'm just jerking your chain, but maybe there is a lesson here:
Massive pay sacrifices have been made.
What's a little harder to see is that seniority sacrifices have been made as well.
Prior to 2000 Delta was an airline growing organically.
1980-1990 the fleet nearly doubled in size
1990-2000 the fleet grew in execs of 50%
During those years the vast majority of aircraft had a 3-man crew
Now with exception of the long-haul fleet, we are down to 2-man crews and the fleet is shrinking.As a result the opportunities for seniority advancement have reduced drastically.
There are Delta pilots hired just a few years after you that can't hold captain, relegated to FO pay, so they are making 40% less than you.
Capacity constraint works for the company. If the fleet size will stay flat or further reduce in the upcoming years. If we replace 75 and 76 with 737 aircraft even with all upcoming retirement we will all see seniority inflation.
I'm not advocating forcing the company to hire more pilots just for the heck of it, but this is an issue that is brewing and will need to be addressed.
Seniority determines pay and just a captain upgrade will be an instant 40% raise for some of our pilot population that has been in limbo for the past 15 years.
You are lucky to hold captain. Good timing placed you on the list that lets you be 320A, but Luck shouldn't have anything to do with seniority progression...
Cheers
George