Airline Pilot Central Forums - Envoy FOs to possibly get $20k retention!

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- - Envoy FOs to possibly get $20k retention! (https://www.airlinepilotforums.com/envoy-airlines/87271-envoy-fos-possibly-get-20k-retention.html)

Envoy FOs to possibly get $20k retention!

Someone made a post to say that Envoy has too many pilots and not to come here. Just wanted to share the other half of the paragraph the other OP did not, because it looks like FOs may get $20k. It deserves its own thread as much as the other topic does.

Quote:

Mr. Fabregas has drafted other retention programs that are under review by AAG. He stated that if the Endeavor style plan were copied here it would cost an estimated $40 million per year. His proposed plan, which is likely for First Officers only, cost an estimated $18 million for the first year and reduces over time as First Officers at the top of the pay scale move over to the Captain pay scale which reduces overall First Officer payroll. Mr. Fabregas believes details of his plan, if approved by AAG, could be released soon.

Aren't you actually misleading. He said you will not need a retention program. All managent leaves hope for the gullible when disseminating bad news.

Quote:

Originally Posted by WesternSkies (Post 1852148)

Nope.
You are actually misleading. He said you will not need a retention program. All managent leaves hope for the gullible when disseminating bad news.

How am I misleading? I just quoted exactly what was written. Read it for yourself. He said there would be no unilateral retention program, ala Endeavor. Someone else chose to just post that portion of the paragraph. Here is the whole paragraph, from the union email.

Quote:

Mr. Fabregas advised the group that AAG is not going to have an Endeavor type retention for Envoy pilots. As it stands there are more pilots on property at Envoy than will be needed for the planned fleet size. Mr. Fabregas has drafted other retention programs that are under review by AAG. He stated that if the Endeavor style plan were copied here it would cost an estimated $40 million per year. His proposed plan, which is likely for First Officers only, cost an estimated $18 million for the first year and reduces over time as First Officers at the top of the pay scale move over to the Captain pay scale which reduces overall First Officer payroll. Mr. Fabregas believes details of his plan, if approved by AAG, could be released soon.

Your speculation about hope after bad news is just that. I generally agree with your speculation. However! The previous post about envoy was still misleading and obviously serving an agenda because half the paragraph was left out. I am setting that straight: management is still working on a retention deal, according to them and the union. It will be for FOs only. I hope they get it.

The only people who will get bonus's are those who are going to see the airline through to its orderly shutdown next year.

Quote:

Originally Posted by tom11011 (Post 1852167)

The only people who will get bonus's are those who are going to see the airline through to its orderly shutdown next year.

This place isn't going anywhere next year.

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Originally Posted by Weekendwarrior2 (Post 1852218)

This place isn't going anywhere next year.

Oh no? So they want to shrink it just small enough so the 300 lifer captains do not have to seek employment elsewhere? They're doing it for them right? American and Envoy think its ok to have the average longevity payscale at year 15 or so right? You are being whipsawed right now, as we speak.

Quote:

Originally Posted by tom11011 (Post 1852222)

At 1200-1500 total pilots as the goal for envoys low point in 2017, there would be 600-750 CA spots. With 300 of us "lifers" around, that is 300-450 open CA spots. The rest of the seniority list is flowing pretty steady, so longevity will shrink. For example, even with the deferrals returning, it is modestly estimated that all the 824 wil be gone before 2017. The protected pilots are 10 years or less currently, with a big gap in years 5 and 8(no one hired spring 2008-2010)
You also have about 100 of us lifers retiring in the next 4 years.

Quote:

Originally Posted by PilotCrusader (Post 1852225)

1500 is what they told you to keep the doors from falling off. If their true intentions were announced.....

Quote:

Originally Posted by tom11011 (Post 1852226)

1500 is what they told you to keep the doors from falling off. If their true intentions were announced.....

Forgot you have the crystal ball and know exactly what's going to happen a year down the road.

Quote:

Originally Posted by Weekendwarrior2 (Post 1852228)

Forgot you have the crystal ball and know exactly what's going to happen a year down the road.

He is right: that very well could be their plan. All of this is smoke and mirrors right now. Actions like an executed retention plan would show their intentions. Doing nothing would also show their direction. Right now we just have to wait and see. We are rapidly approaching the point where their intentions become obvious though.