Any "Latest & Greatest" about Endeavor?

Reply Subscribe

Page 1585 of 2545

1585

Thread Tools

Search this Thread

09-20-2017, 04:26 AM

#15841

JTwift

Gets Weekends Off

Joined APC: Feb 2017

Posts: 1,279

On a side note...the $10000 new hire bonus is about $6200 after tax. Ugh.

09-20-2017, 04:26 AM

#15842

Auburngrad2007

Gets Weekends Off

Joined APC: Aug 2017

Posts: 147

Assistance

Does anyone have a few minutes to answer some questions about Endeavor? Let me know. Much appreciated.

09-20-2017, 04:43 AM

#15843

VoiceOfReason

Gets Weekends Off

Joined APC: Aug 2014

Position: CR9 CA, FT Minivan Driver

Posts: 452

Quote:

Originally Posted by JTwift

On a side note...the $10000 new hire bonus is about $6200 after tax. Ugh.

You should get some of that back when you file your taxes. Rates vary by state. Same thing would have happened at other airlines, so not sure why you're airing this grievance. Welcome to the show, buddy!

09-20-2017, 05:01 AM

#15844

wmichflyer

Line Holder

Joined APC: Aug 2015

Posts: 63

Quote:

Originally Posted by Auburngrad2007

Does anyone have a few minutes to answer some questions about Endeavor? Let me know. Much appreciated.

PM sent.

Filler

09-20-2017, 05:23 AM

#15845

JTwift

Gets Weekends Off

Joined APC: Feb 2017

Posts: 1,279

Quote:

Originally Posted by VoiceOfReason

No, I know all that....I'm just saying it so new hires are prepared for a less-than-anticipated amount.

09-20-2017, 05:46 AM

#15846

prex8390

Gets Weekends Off

Joined APC: Feb 2011

Posts: 2,145

Quote:

Originally Posted by JTwift

No, I know all that....I'm just saying it so new hires are prepared for a less-than-anticipated amount.

I would hope that new hires are aware that Uncle Sam still takes his cut. Does any one really expect a full 10 grand?

09-20-2017, 05:47 AM

#15847

gojo

Gets Weekends Off

Joined APC: Sep 2010

Posts: 2,648

Quote:

Originally Posted by JTwift

No, I know all that....I'm just saying it so new hires are prepared for a less-than-anticipated amount.

And why wouldn't they expect that already? Bonus tax is always withheld at a higher rate. That's why many elect to have it put in their 401k

09-20-2017, 05:49 AM

#15848

HighFlight

Gets Weekends Off

Joined APC: Feb 2016

Posts: 2,559

Not "always", but the flat rate is the way EDV chooses to do it. If they added it to your pay and withheld it at the lower rate, it would increase your income, and you would have more withheld monthly than you do now, since it would put one in a higher tax margin.

Quote:

Originally Posted by gojo

And why wouldn't they expect that already? Bonus tax is always withheld at a higher rate. That's why many elect to have it put in their 401k

09-20-2017, 05:54 AM

#15849

preflight

Will FTI for food...

Joined APC: Feb 2013

Posts: 388

Quote:

Originally Posted by gojo

And why wouldn't they expect that already? Bonus tax is always withheld at a higher rate. That's why many elect to have it put in their 401k

Which is what the Recruiters said, only after you get here they say you cannot open the 401k for 6 months, so $6,000 of the $10k & $6k first two bonus goes to taxes instead of retirement...

Does our union have a position on recruiters giving out information contrary to workplace rules?

09-20-2017, 06:10 AM

#15850

gojo

Gets Weekends Off

Joined APC: Sep 2010

Posts: 2,648

Quote:

Originally Posted by preflight

Look, I'm not sure what's being told to prospective new hires? And how can the recruiters be held accountable for giving out that so called bad information unless it was in writing? They are not tax experts, and I'm sure that there are other ways to find out more about the 401k than a pilot recruiter. You got to do a little research man. Most companies have a short wait to enroll in their 401k. This is not that uncommon.