Envoy FOs to possibly get $20k retention!
#31
#32
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#33
Not trying to stir the pot. We're all trying to get out of the regionals. I don't like what's happening at Envoy. I have friends who work/worked there and I know you guys are a great pilot group. But I and CLT were indeed just stating facts.
#34
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Yeah that's what I am saying: you were just stating facts. I didn't read into it.
#36
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Is PSA somehow forbidden from giving away cash too? When the hiring spree begins to decline, I'm sure they will do no different than anyone else and start throwing money around to pilots.
#37
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Anyway, PSA continues to bank on the fact that the fast upgrade will bring in pilots. It has worked until this point and the company keeps applying small bandaids to push the fast upgrade out a little further here, a little further there. First it was the Eagle 700s, then the additional 24 900s. The music is going to stop here pretty soon based on number of pilots alone, this doesn't take into account all the FOs that have been bypassed due to not having 1000SIC.
Management is going to need to play another card. The growth card is probably no longer an option, as I can't see them wanting us any larger than 150 acft. For some reason they have always been against giving bonuses. I've heard it's because "If everyone's doing it it doesn't set us apart". You can see how that is flawed, especially if you are the only one NOT giving bonuses.
They could increase our hiring agreement but that becomes a double edged sword for obvious reasons, considering how many pilots we already have on the list.
#38
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So you know what's coming?
Anyway, PSA continues to bank on the fact that the fast upgrade will bring in pilots. It has worked until this point and the company keeps applying small bandaids to push the fast upgrade out a little further here, a little further there. First it was the Eagle 700s, then the additional 24 900s. The music is going to stop here pretty soon based on number of pilots alone, this doesn't take into account all the FOs that have been bypassed due to not having 1000SIC.
Management is going to need to play another card. The growth card is probably no longer an option, as I can't see them wanting us any larger than 150 acft. For some reason they have always been against giving bonuses. I've heard it's because "If everyone's doing it it doesn't set us apart". You can see how that is flawed, especially if you are the only one NOT giving bonuses.
They could increase our hiring agreement but that becomes a double edged sword for obvious reasons, considering how many pilots we already have on the list.
Anyway, PSA continues to bank on the fact that the fast upgrade will bring in pilots. It has worked until this point and the company keeps applying small bandaids to push the fast upgrade out a little further here, a little further there. First it was the Eagle 700s, then the additional 24 900s. The music is going to stop here pretty soon based on number of pilots alone, this doesn't take into account all the FOs that have been bypassed due to not having 1000SIC.
Management is going to need to play another card. The growth card is probably no longer an option, as I can't see them wanting us any larger than 150 acft. For some reason they have always been against giving bonuses. I've heard it's because "If everyone's doing it it doesn't set us apart". You can see how that is flawed, especially if you are the only one NOT giving bonuses.
They could increase our hiring agreement but that becomes a double edged sword for obvious reasons, considering how many pilots we already have on the list.
#39
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First of all I wouldn't get excited about anything happening. We've been led on by the potential for retention bonuses for awhile now.
However if I was to guess what Pedro's plan was. I would say it's probably something similar to paying all pilots above step 4 at the captain pay rate. This would get voted in because it would pay protect captains in the event of possible displacements. And it would limit the pool of people eligible from envoy to longevities of 5-10 years. They don't want to pay the lifers who aren't going anywhere regardless, they don't want to pay those with imminent flow, they think this would be enough of a carrot to keep the junior FOs around at least it's a guarantee of captain wages at year 5. As the airline shrinks and upgrades get to 4 years the program ends because no one is eligible for it. So this will not be a recruitment program it will possibly be strictly a retention program.
Just my opinion but that is the only thing that actually makes sense.
However if I was to guess what Pedro's plan was. I would say it's probably something similar to paying all pilots above step 4 at the captain pay rate. This would get voted in because it would pay protect captains in the event of possible displacements. And it would limit the pool of people eligible from envoy to longevities of 5-10 years. They don't want to pay the lifers who aren't going anywhere regardless, they don't want to pay those with imminent flow, they think this would be enough of a carrot to keep the junior FOs around at least it's a guarantee of captain wages at year 5. As the airline shrinks and upgrades get to 4 years the program ends because no one is eligible for it. So this will not be a recruitment program it will possibly be strictly a retention program.
Just my opinion but that is the only thing that actually makes sense.
#40
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But you would agree though for right now the PSA strategy is apparently sound. I'm hearing classes of 30-40 every two weeks pushing through. PSA must be doing something right. My point is at some point in the future maybe the strategy changes (bonuses, higher pay, something else, etc..) but for right now they seem to be hitting the mark if these hiring numbers are accurate.
I just hope they have a longer term plan. They'll be good for the next year or two but they need something in place to continue that hiring, albeit at a slightly lesser clip, for a long while. As PSA becomes "just another regional" what is going to attract pilots?
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