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Retention Bonuses at Envoy

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Old 03-01-2016 | 02:00 PM
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Originally Posted by Skyvector
Ink to paper. I have the internal company-union LOA right in front of me. I can't publish it in public or else I would...but all signatures are at the bottom including our MEC Chairman.
They must have used the justification that all captains will flow rather soon then and won't need a retention bonus?
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Old 03-01-2016 | 02:01 PM
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Originally Posted by Skyvector
Ink to paper. I have the internal company-union LOA right in front of me. I can't publish it in public or else I would...but all signatures are at the bottom including our MEC Chairman.
So, with the 121 experience, signing bonus, and retention pay, Envoy is offering $35k. 9E offers $46k in retention pay and training bonuses during that same time frame.

What's the latest flow timeline at Envoy? I'm told 9E upgrades are at 36 months, then two years in left seat before interviewing at Delta. Realistically, 5 years to Delta. It comes down to what legacy carrier you can see yourself at for 30 years, right?
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Old 03-01-2016 | 02:05 PM
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Originally Posted by VoiceOfReason
So, with the 121 experience, signing bonus, and retention pay, Envoy is offering $35k. 9E offers $46k in retention pay and training bonuses during that same time frame.

What's the latest flow timeline at Envoy? I'm told 9E upgrades are at 36 months, then two years in left seat before interviewing at Delta. Realistically, 5 years to Delta. It comes down to what legacy carrier you can see yourself at for 30 years, right?
First of all, I am very happy for the Envoy pilots. Congrats. This is great news for you.

The retention bonus says that you have to be on property prior to March 1, 2016, I believe. That would mean that new hire FO's will be eligible for the sign on bonus (if prior 121), and FO's already on property will get the retention bonus. Can't get both. Isn't that what it says?
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Old 03-01-2016 | 02:07 PM
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Originally Posted by VoiceOfReason
So, with the 121 experience, signing bonus, and retention pay, Envoy is offering $35k. 9E offers $46k in retention pay and training bonuses during that same time frame.

What's the latest flow timeline at Envoy? I'm told 9E upgrades are at 36 months, then two years in left seat before interviewing at Delta. Realistically, 5 years to Delta. It comes down to what legacy carrier you can see yourself at for 30 years, right?
It looks like it's heading in that direction.

Endeavor definitely pays more than Envoy and has a faster upgrade.

But Endeavor only gets you the Delta interview where Envoy gets you into AA. Small differences, but time will tell what actually matters to the new guys.
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Old 03-01-2016 | 02:08 PM
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Originally Posted by CLT Guy
First of all, I am very happy for the Envoy pilots. Congrats. This is great news for you.

The retention bonus says that you have to be on property prior to March 1, 2016, I believe. That would mean that new hire FO's will be eligible for the sign on bonus (if prior 121), and FO's already on property will get the retention bonus. Can't get both. Isn't that what it says?
That's correct. $20k for current FOs and a total of $15k for new guys with 121 experience.
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Old 03-01-2016 | 02:08 PM
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Originally Posted by CLT Guy
First of all, I am very happy for the Envoy pilots. Congrats. This is great news for you.

The retention bonus says that you have to be on property prior to March 1, 2016, I believe. That would mean that new hire FO's will be eligible for the sign on bonus (if prior 121), and FO's already on property will get the retention bonus. Can't get both. Isn't that what it says?
It's two separate announcements, yes. The first is an enhanced sign on bonus for pilots with 121 time. The second is retention bonus for all FOs on property as of today (March 1st). Then on top of that all new hires regardless of experience still get the $5,000 bonus that was already in place.
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Old 03-01-2016 | 02:09 PM
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Originally Posted by CLT Guy
First of all, I am very happy for the Envoy pilots. Congrats. This is great news for you.

The retention bonus says that you have to be on property prior to March 1, 2016, I believe. That would mean that new hire FO's will be eligible for the sign on bonus (if prior 121), and FO's already on property will get the retention bonus. Can't get both. Isn't that what it says?
That's what the letter says, but the LOA has different language in how it determines who qualifies for the quarterly payouts.

I'd think that ALPA or the company would clarify that soon.
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Old 03-01-2016 | 02:09 PM
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Originally Posted by CLT Guy
First of all, I am very happy for the Envoy pilots. Congrats. This is great news for you.

The retention bonus says that you have to be on property prior to March 1, 2016, I believe. That would mean that new hire FO's will be eligible for the sign on bonus (if prior 121), and FO's already on property will get the retention bonus. Can't get both. Isn't that what it says?
No. what it says is that it starts today.

So yesterday guys will get the whole 10k for this year. The next class will get 2,500k less, and so on.
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Old 03-01-2016 | 02:09 PM
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Originally Posted by VoiceOfReason
So, with the 121 experience, signing bonus, and retention pay, Envoy is offering $35k. 9E offers $46k in retention pay and training bonuses during that same time frame.

What's the latest flow timeline at Envoy? I'm told 9E upgrades are at 36 months, then two years in left seat before interviewing at Delta. Realistically, 5 years to Delta. It comes down to what legacy carrier you can see yourself at for 30 years, right?
9E you have to take AND pass interview with Delta, no such thing with AA WOs, just show up to class. Right now, flow is 16 years, but is not linear. So this time next year it might be a 12 year flow.
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Old 03-01-2016 | 02:14 PM
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Odd how RAH files for bankruptcy last week, (which is flying around 106 E170/175's for AA). A large #. There staffing is about to tank big time even worse with the BK.

Now today we get retention bonus and higher new hire bonus for 121 pilots. Very recently AA said they weren't willing to give us anything extra, kept saying flow was enough.

Seems maybe AA could be unsure of keeping all those aircraft with RAH in bankruptcy and their staffing nightmare, and anticipate moving some American Eagle flying back here, needing the extra staffing here. (Why else would they FINALLY give in $$$)? Just a thought..
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