New LOAs out.
07-29-2019, 08:08 AM
#71
Gets Weekends Off
Joined APC: Apr 2019
Posts: 537
Originally Posted by buddies8
5 year wait for the bandaid to come off. The retention bonus, loa 19.01 as of now is cancelled, the pay rate increase is the 30 day notification. Anyone hired after July 1 2019 will get no retention bonus, those who are hired prior to that date will get one more payment as retention bonus. That's it. Your retention bonus was your new pay rate increase so now you get it every paycheck. You dont think pay raise and retention bonus was going to be what you got, do you.
One or the other.
One or the other.
07-29-2019, 08:20 AM
#72
Porco Rosso
Joined APC: Apr 2018
Posts: 2,522
Originally Posted by rld1k
Read the loa the company can cancel the retention bonus any time they want with 30 days notice
Where your MEC blew it is not letting y'all vote on it first.
07-29-2019, 08:27 AM
#73
Gets Weekends Off
Joined APC: Aug 2005
Posts: 3,707
Let's see who's being getting all the money,
F/O new hire bonus, retention bonus, equipment bonus, awarded upgrade immediate pay increase to capt pay rates, a12 travel to and from work and hotels for new hire in lga.flow faster.
Capt, hmmmmmm, must have missed that email, nothing.
Just checking to see whom I am to have sympathy for for loosing retention bonus. Just a factual observation.
F/O new hire bonus, retention bonus, equipment bonus, awarded upgrade immediate pay increase to capt pay rates, a12 travel to and from work and hotels for new hire in lga.flow faster.
Capt, hmmmmmm, must have missed that email, nothing.
Just checking to see whom I am to have sympathy for for loosing retention bonus. Just a factual observation.
07-29-2019, 08:32 AM
#74
Gets Weekends Off
Joined APC: Aug 2018
Position: EMB FO
Posts: 121
FO Retention Bonus
After one year of service it's $20,000 paid quarterly at $2,500.
If you were hired but have not yet reached "one year of service" then you're basically screwed out of every penny even with the last retention payment, Correct?
After one year of service it's $20,000 paid quarterly at $2,500.
If you were hired but have not yet reached "one year of service" then you're basically screwed out of every penny even with the last retention payment, Correct?
07-29-2019, 08:48 AM
#76
Gets Weekends Off
Joined APC: Aug 2018
Position: EMB FO
Posts: 121
Originally Posted by mketch11
Funny how a bonus being rolled over into your hourly rate is considered a raise.
Using 75 hours/month for a year. Not including per diem.
75hrs x 12 months = 900 hrs/ year
Old Pay
$38.66 x 900hrs = $34,794
New Pay
$50.21 x 900hrs = $45,189
Total Raise Per Year
$10,395
Old pay included a $20,000 retention bonus, paid out over 2 years making it $10,000/year of bonus
So that's a $395/year raise....making it a whopping $0.43/hour raise (approx)
07-29-2019, 09:03 AM
#77
Gets Weekends Off
Joined APC: Jan 2017
Posts: 2,510
For anyone hired in the last year that were not going to see the retention bonus for a year, it is still a raise. You see the money every pay check.
Everyone that is a new hire will see that money in every pay check as well.
Retention bonuses always lagged by several months as it was done by the quarter. Most FOs will upgrade before you see the last of the retention bonus at 37-39 months. This way the pay is immediate, so you in the first 24 months you will receive what would have been a year plus later, IF all of it was received.
It is still better and if you pick up any OT at all it is reflected there as well.
What remains to be seen is if the CA pay at bid award remains.
Everyone that is a new hire will see that money in every pay check as well.
Retention bonuses always lagged by several months as it was done by the quarter. Most FOs will upgrade before you see the last of the retention bonus at 37-39 months. This way the pay is immediate, so you in the first 24 months you will receive what would have been a year plus later, IF all of it was received.
It is still better and if you pick up any OT at all it is reflected there as well.
What remains to be seen is if the CA pay at bid award remains.
07-29-2019, 09:08 AM
#78
Gets Weekends Off
Joined APC: Nov 2016
Posts: 2,464
Originally Posted by pitchattitude
What remains to be seen is if the CA pay at bid award remains.
07-29-2019, 10:18 AM
#80
Gets Weekends Off
Joined APC: Feb 2014
Position: Semi-Retired...
Posts: 3,123
Originally Posted by ninerdriver
Where your MEC blew it is not letting y'all vote on it first.
If a 30% pay raise for FO’s isn’t significant pay rate changes, then the pilots will likely never have a right to vote on anything again.... it will only be the MEC being magnanimous to allow it.
Call national and DOL for breach of fiduciary responsibility and violation of by-laws.
How many other ALPA properties had pilot votes for these types of changes? Pretty sure 9E did.
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