How's our A Fund Doing? 10 year History
#211
Occasional box hauler
Joined APC: Jan 2018
Posts: 1,682
I think the larger point is that UPS used to have an A plan that greatly lagged ours and a B plan that greatly eclipsed ours. They’ve made large strides in the former and we’ve made modest improvements in the latter. But there is no “line in the sand” on our A plan other than what we’re willing (or unable) to cross. This ought to be the CBA where we finally demonstrate the resolve to move the needle in the right direction on our A plan. Our IPA brothers and sisters have done their work - time to do our part.
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#212
Hoping to raise the Cash over Cap bar.
Don't really have any absolute NO's for whatever TA comes along, but that one's closer to an absolute than anything else.
Well, should say don't have any absolute NO's other than the one's 100% of my fellow Union members hold. Vacation, No to an expansion of PBS, etc.
WIll say definitely grateful you guys signed a bridge TA and raised the bar on pay.
#213
In general, people look at UPS pay rates and greater B plan without looking at UPS manning. UPS just crossed 3k pilots on property, and yet I'd think we all agree that both FedEx and UPS provide the same type of customer service in the ability to overnight a package. Big difference is virtually every FedEx Express package travels by plane, while many UPS packages travel by semi (with Unionized drivers).
Haven't looked at the numbers recently, but at one point in time FedEx had almost as many Captains as UPS had pilots.
Every B plan is funded by the Volume of earnings over a career.
For 2021, UPS B plan maxed out will result in $34.8k contributed while FedEx's will be $26.1k
If APC is right, FedEx has a Yr 1 salary advantage of $78/50 (NB)
Yr 2 it's UPS that takes the lead $192\151 ($185WB)
Again if APC is right, most Junior Capt at UPS is a 2015 hire, while FedEx is 2017.
IMO-I'd venture a guess that there are more FedEx WB FO's flying International trips than there are at UPS.
And that brings Yr 2 FedEx pay to $193 while UPS's Intl would be $196.50
APC says no Yr 3 pay raise for FO's at UPS, which seems odd. But odder at FedEx is a Yr 3 raise for NB FO's while WB stay the same. (well a 25 cent raise doesn't go very far anywhoo)
For a B plan, greater contributions earlier have a big impact over the span of the typical pilot career
#214
Occasional box hauler
Joined APC: Jan 2018
Posts: 1,682
It was an extension to your answer, not a negation.
In general, people look at UPS pay rates and greater B plan without looking at UPS manning. UPS just crossed 3k pilots on property, and yet I'd think we all agree that both FedEx and UPS provide the same type of customer service in the ability to overnight a package. Big difference is virtually every FedEx Express package travels by plane, while many UPS packages travel by semi (with Unionized drivers).
Haven't looked at the numbers recently, but at one point in time FedEx had almost as many Captains as UPS had pilots.
Every B plan is funded by the Volume of earnings over a career.
For 2021, UPS B plan maxed out will result in $34.8k contributed while FedEx's will be $26.1k
If APC is right, FedEx has a Yr 1 salary advantage of $78/50 (NB)
Yr 2 it's UPS that takes the lead $192\151 ($185WB)
Again if APC is right, most Junior Capt at UPS is a 2015 hire, while FedEx is 2017.
IMO-I'd venture a guess that there are more FedEx WB FO's flying International trips than there are at UPS.
And that brings Yr 2 FedEx pay to $193 while UPS's Intl would be $196.50
APC says no Yr 3 pay raise for FO's at UPS, which seems odd. But odder at FedEx is a Yr 3 raise for NB FO's while WB stay the same. (well a 25 cent raise doesn't go very far anywhoo)
For a B plan, greater contributions earlier have a big impact over the span of the typical pilot career
In general, people look at UPS pay rates and greater B plan without looking at UPS manning. UPS just crossed 3k pilots on property, and yet I'd think we all agree that both FedEx and UPS provide the same type of customer service in the ability to overnight a package. Big difference is virtually every FedEx Express package travels by plane, while many UPS packages travel by semi (with Unionized drivers).
Haven't looked at the numbers recently, but at one point in time FedEx had almost as many Captains as UPS had pilots.
Every B plan is funded by the Volume of earnings over a career.
For 2021, UPS B plan maxed out will result in $34.8k contributed while FedEx's will be $26.1k
If APC is right, FedEx has a Yr 1 salary advantage of $78/50 (NB)
Yr 2 it's UPS that takes the lead $192\151 ($185WB)
Again if APC is right, most Junior Capt at UPS is a 2015 hire, while FedEx is 2017.
IMO-I'd venture a guess that there are more FedEx WB FO's flying International trips than there are at UPS.
And that brings Yr 2 FedEx pay to $193 while UPS's Intl would be $196.50
APC says no Yr 3 pay raise for FO's at UPS, which seems odd. But odder at FedEx is a Yr 3 raise for NB FO's while WB stay the same. (well a 25 cent raise doesn't go very far anywhoo)
For a B plan, greater contributions earlier have a big impact over the span of the typical pilot career
UPS absolutely moves overnight shipping by truck whenever possible. While it results in a smaller pilot group, it also results in a more profitable company that rides through a turbulent economy better. Our lack of a NB pay band means that once you hit 2nd year min guarantee (75x13x192.60) is $187k/yr for a domestic only guy with no perdiem or international override. That makes the family budget planning very easy. 3rd year pay is the same as 2nd, although both are getting a 4%bump next year. Our international override is a bit of a joke, but it reflects our negotiating priority to fight for things that benefit all members and not just some. When you look at our different fleets you will see that domestic fleets have a healthy representation from the upper echelons of the seniority list. Folks here bid QOL and what interests them. There is not a significant financial incentive to bid the whale or Z unless you want greater shots at JA. However, the current crisis has been JA heaven for all fleets and seats.
I absolutely agree that cash over cap would be a huge win at both places. This will be my first year exceeding the cap and it highlights how higher earning FOs and all Captains are losing money there. Time value of money is enormously underestimated by many. Like most guys here, the A Plan was an enormous attraction. I don’t see use ever signing a contract that doesn’t improve it. UPS and FEDEX were tied for my top targets leaving the AF. From the outside looking in, they appeared to be so close that individual life circumstances would probably determine which was a better fit. Now that I’m here, I have no regrets. My friends at Purple appear to be the same. Hopefully, you guys present a United front to management and win gains to your A and B plans and make our current pay rates look like poverty wages. We certainly won’t be getting any help from the cattle haulers.
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