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07-19-2015 | 10:33 AM

yodafly

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pretax

Anyone know what the difference would be in profit sharing if we where using the c2015 contract changes to how pretax is calculated?

07-19-2015 | 03:35 PM

scambo1

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From: 777B

Quote:

Originally Posted by yodafly

Anyone know what the difference would be in profit sharing if we where using the c2015 contract changes to how pretax is calculated?

Lower. A lot lower. 17% vs 25% of your earnings.

07-20-2015 | 05:37 AM

El10

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Quote:

Originally Posted by scambo1

Lower. A lot lower. 17% vs 25% of your earnings.

Is that the effect of adding management pay to the pretax numbers?

If the 20% threshold stayed the same, but how pretax was calculated what would be the effect? Or on 1.1 billion pool how much would that have been reduced by management compensation? Also does this mean they are moving management compensation from the expense line item to the PS line item?

07-20-2015 | 08:31 AM

scambo1

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From: 777B

Quote:

Originally Posted by El10

The difference between 2.5B and 6B thresholds and an estimated $500M for mgmt estimated at $6B and $7B then averaged. At higher profits, it becomes a much bigger difference. $11B is the top Alpa 2018 estimated profit. Under c12, 11B profit results in PS of roughly 35% of your pay. 10% to $2.5b 20% 2.5B-11B

250m+ 1.7b=2 B. 2B/3 =$660M. 660m/12000=$55k/pilot averaged.

It's based on earnings, so obviously some will get more, some less. Assuming the average pilot makes $150k, it's about a third of your pay in 2018.