Retention Bonuses at Envoy
03-01-2016 | 06:01 PM
#81
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Still can't get over it?
03-01-2016 | 06:10 PM
#82
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Nope. I guess you're okay with starting out your career at a company with such a bad rep. To each their own.
Back on topic, I'm glad envoy/AAG is actually doing something to retain pilots. It's a step in the right direction but hopefully it's not too little, too late.
Back on topic, I'm glad envoy/AAG is actually doing something to retain pilots. It's a step in the right direction but hopefully it's not too little, too late.
03-01-2016 | 06:53 PM
#84
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Endevour is giving a 20k retention bonus each year. Envoy now has a 10k per year retention bonus plus a flow to American. Now contrast that with the Gojet pilots who are now voting on a grand 7% raise which does not even keep up with inflation. Their contract ended in 2012 so a 7% raise is 1.75% per year. Just under inflation.
Rather pathetic isn't it?
Rather pathetic isn't it?
03-01-2016 | 07:00 PM
#85
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Actually, Endeavor's bonus is $23K each year.
Endevour is giving a 20k retention bonus each year. Envoy now has a 10k per year retention bonus plus a flow to American. Now contrast that with the Gojet pilots who are now voting on a grand 7% raise which does not even keep up with inflation. Their contract ended in 2012 so a 7% raise is 1.75% per year. Just under inflation.
Rather pathetic isn't it?
Rather pathetic isn't it?
03-01-2016 | 08:33 PM
#86
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Endevour is giving a 20k retention bonus each year. Envoy now has a 10k per year retention bonus plus a flow to American. Now contrast that with the Gojet pilots who are now voting on a grand 7% raise which does not even keep up with inflation. Their contract ended in 2012 so a 7% raise is 1.75% per year. Just under inflation.
Rather pathetic isn't it?
Rather pathetic isn't it?
03-02-2016 | 03:51 AM
#87
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Joined: Jul 2014
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From: Feito no Brasil, CA
All this grief over concession-free money. Typical pilots. They'd complain about a hundred grand put in a company credit union bank for them because the company wouldn't let them put it in a bank of their choice.
Those alter-Eagles have a lot to say. Must still be stinging over the actions they got so much grief over a few years back.
Those alter-Eagles have a lot to say. Must still be stinging over the actions they got so much grief over a few years back.
03-02-2016 | 04:07 AM
#88
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From: Piloto
Bonuses are taxed at 25%, plus state. Depending on your personal tax situation, you can actually end up paying more taxes throughout the year if the bonus was taxed at the same rate as your regular pay.
It all comes out at the end of the tax year, either way. If you make a little, 25% now will seem like a lot of taxes. If you make a lot, 25% will seem like a little. But after you file, it all becomes the same.
It all comes out at the end of the tax year, either way. If you make a little, 25% now will seem like a lot of taxes. If you make a lot, 25% will seem like a little. But after you file, it all becomes the same.
03-02-2016 | 04:11 AM
#89
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Envoy FO bonuses:
* $7,500 in 2015 (concessions)
* $7,500 in 2016 (no concessions)
* $15,000 in 2017 (5K concessions + 10K no concessions)
* $2,500 in 2018 (no concessions)
Hopefully, most FOs will upgrade by 2018. The real retention tool is upgrades.
* $7,500 in 2015 (concessions)
* $7,500 in 2016 (no concessions)
* $15,000 in 2017 (5K concessions + 10K no concessions)
* $2,500 in 2018 (no concessions)
Hopefully, most FOs will upgrade by 2018. The real retention tool is upgrades.
03-02-2016 | 04:24 AM
#90
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Actually, it isn't concession-free money although it might appear that way without thinking about it. In reality, anytime a bargaining representative negotiates pay increases for only some of their members, the group as a whole becomes weaker.
In this case, since it primarily benefits the company ostensibly to solve the staffing problems THEY themselves are 100% responsible for, there is now theoretically less need to address the overall foundation of the real problem. In short, this is simply another band-aid the company wanted from Envoy ALPA and in perfect lock-step predictability of the past, they delivered. Although IMO, the results of actually solving their problem will remain elusive, what this does reveal is it proves this MEC has STILL learned nothing from the past and appears totally incapable of not assisting the company that seems determined to screw you at every opportunity at the overall expense of the pilot group as a whole.
History has repeated itself yet again at the carrier.
In this case, since it primarily benefits the company ostensibly to solve the staffing problems THEY themselves are 100% responsible for, there is now theoretically less need to address the overall foundation of the real problem. In short, this is simply another band-aid the company wanted from Envoy ALPA and in perfect lock-step predictability of the past, they delivered. Although IMO, the results of actually solving their problem will remain elusive, what this does reveal is it proves this MEC has STILL learned nothing from the past and appears totally incapable of not assisting the company that seems determined to screw you at every opportunity at the overall expense of the pilot group as a whole.
History has repeated itself yet again at the carrier.
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