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-   -   Retro Pay (https://www.airlinepilotforums.com/envoy-airlines/122900-retro-pay.html)

ERAUAV8TR 07-13-2019 08:26 AM

Retro Pay
 
Based on May 15th:

To Date: Based on ~80 hour months (because thats what they used for DEC advertising;)

40 hours May
80 hours June
40 hours July

9 dollars an hour minimum raise

Comes to $1,440 so far.

~2,500 pilots 3.6 million dollars...looks good to the stock holders

Who cares about morale and employees:/

Small price to MEGA

**Endeavor lost pay ytd ~$85,000

Naviator 07-13-2019 08:42 AM


Originally Posted by ERAUAV8TR (Post 2852510)
Based on May 15th:

To Date: Based on ~80 hour months (because thats what they used for DEC advertising;)

40 hours May
80 hours June
40 hours July

9 dollars an hour minimum raise

Comes to $1,440 so far.

~2,500 pilots 3.6 million dollars...looks good to the stock holders

Who cares about morale and employees:/

Small price to MEGA

**Endeavor lost pay ytd ~$85,000

Envoy has no stock holders. It is a privately owned company. To its parent company AAG 3.6 million is a rounding error.

ERAUAV8TR 07-13-2019 08:52 AM


Originally Posted by Naviator (Post 2852520)
Envoy has no stock holders. It is a privately owned company. To its parent company AAG 3.6 million is a rounding error.

Dougy currently owns 1.8 million shares valued at 61 million dollars. At least morale is good for one.

MEGAFUPM 07-13-2019 08:55 AM


Originally Posted by Naviator (Post 2852520)
Envoy has no stock holders. It is a privately owned company. To its parent company AAG 3.6 million is a rounding error.

Apparently not since AAG said they couldn't fund it.

Naviator 07-13-2019 09:44 AM


Originally Posted by ERAUAV8TR (Post 2852529)
Dougy currently owns 1.8 million shares valued at 61 million dollars. At least morale is good for one.

AAL stock, not Envoy stock

Naviator 07-13-2019 09:44 AM


Originally Posted by MEGAFUPM (Post 2852532)
Apparently not since AAG said they couldn't fund it.

Not what happened

Cyio 07-13-2019 02:14 PM


Originally Posted by ERAUAV8TR (Post 2852510)
Based on May 15th:

To Date: Based on ~80 hour months (because thats what they used for DEC advertising;)

40 hours May
80 hours June
40 hours July

9 dollars an hour minimum raise

Comes to $1,440 so far.

~2,500 pilots 3.6 million dollars...looks good to the stock holders

Who cares about morale and employees:/

Small price to MEGA

**Endeavor lost pay ytd ~$85,000

Its that last line that really sucks...85,000 more dollars to do the exact same job. Pretty pathetic that our management is scoffing at a small pay raise.


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