TA???? Rumors???
08-18-2022 | 12:04 PM
#81
On Reserve
Joined: May 2021
Posts: 77
Likes: 7
The IRS Defined Benefit Plan benefit limit for 2022 is $245,000, up from $230,000 in 2021. (FedEx missed their chance to lock in a $460,000 High Five FAE.) The IRS limit has stayed the same only a few times since we got our first CBA, but it has never decreased.
Our CBA FAE Cap should be $490,000, and not a penny less.
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Our CBA FAE Cap should be $490,000, and not a penny less.
.
08-18-2022 | 12:37 PM
#82
Gets Weekends Off
Joined: May 2006
Posts: 1,804
Likes: 0
08-18-2022 | 12:46 PM
#83
Organizational Learning
Joined: Nov 2005
Posts: 4,948
Likes: 0
From: Directly behind the combiner
Unfortunately, those who are currently sitting at the table are asking for far less. THAT is what should concern you.
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08-18-2022 | 02:38 PM
#84
Line Holder
Joined: Sep 2006
Posts: 1,371
Likes: 12
Tony, we don't know that because although the company has seen our retirement proposal..........none of our membership has....as far as I know. Grrrrrr
Last edited by Laughing_Jakal; 08-18-2022 at 02:38 PM. Reason: didn't add enough personal disapproval
08-18-2022 | 07:15 PM
#85
Organizational Learning
Joined: Nov 2005
Posts: 4,948
Likes: 0
From: Directly behind the combiner
.
Last edited by TonyC; 08-18-2022 at 07:17 PM. Reason: Nothing changed, just wanted to document that your personal disapproval is noted ... ouch, my feelings are bruised. ;-)
08-19-2022 | 06:47 PM
#86
Banned
Joined: Jun 2018
Posts: 1,838
Likes: 0
08-20-2022 | 01:30 AM
#87
Gets Weekends Off
Joined: May 2015
Posts: 300
Likes: 0
Why are we even discussing how close we will be to the UPS rates. Their rates are based on a single pay rate regardless of what you fly. Most of the industry pays a higher rate for larger aircraft than smaller ones. UPS will pass the United 777 rate from January 2019 on Sept. 1, 2022. What would that United rate be today if we followed the mythical 3% linear increase?
As of 9/1/22 a UPS 15 year 757 captain makes $361 an hour with a higher monthly guarantee than a FedEx 15 year 757 captain who makes $289 (according to this site).
08-20-2022 | 04:57 AM
#88
Gets Weekends Off
Joined: Aug 2006
Posts: 1,813
Likes: 0
Your question should be why does your pilot group fly the same planes (757) on the same routes and schedules for considerably less pay than UPS?
As of 9/1/22 a UPS 15 year 757 captain makes $361 an hour with a higher monthly guarantee than a FedEx 15 year 757 captain who makes $289 (according to this site).
As of 9/1/22 a UPS 15 year 757 captain makes $361 an hour with a higher monthly guarantee than a FedEx 15 year 757 captain who makes $289 (according to this site).
We agreed to tie our horse to the higher pay for larger metal scale a long time ago. Changing that now would cause a fundamental change in how our pilots bid for seats. Our crew force is comprised of roughly 90% of the pilots on wide body pay. That United pay rate that I referenced from 2019 should be around $395/hour or more today. IMO, getting to that rate, and the equivalent for wide body FO, or higher for 90% of our crew force would be better than getting us all to $365/hour to get slightly ahead of UPS. I'd prefer not to see the passenger carriers pass our pay rates by $30/hour like they did in 2015/16. YMMV.
08-20-2022 | 05:31 AM
#89
Banned
Joined: Jun 2018
Posts: 1,838
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That is one way to look at it. You could also ask why your pilot group flies a 747 for the same pay as a 757?
We agreed to tie our horse to the higher pay for larger metal scale a long time ago. Changing that now would cause a fundamental change in how our pilots bid for seats. Our crew force is comprised of roughly 90% of the pilots on wide body pay. That United pay rate that I referenced from 2019 should be around $395/hour or more today. IMO, getting to that rate, and the equivalent for wide body FO, or higher for 90% of our crew force would be better than getting us all to $365/hour to get slightly ahead of UPS. I'd prefer not to see the passenger carriers pass our pay rates by $30/hour like they did in 2015/16. YMMV.
We agreed to tie our horse to the higher pay for larger metal scale a long time ago. Changing that now would cause a fundamental change in how our pilots bid for seats. Our crew force is comprised of roughly 90% of the pilots on wide body pay. That United pay rate that I referenced from 2019 should be around $395/hour or more today. IMO, getting to that rate, and the equivalent for wide body FO, or higher for 90% of our crew force would be better than getting us all to $365/hour to get slightly ahead of UPS. I'd prefer not to see the passenger carriers pass our pay rates by $30/hour like they did in 2015/16. YMMV.
+1 to everything you said!
08-20-2022 | 02:44 PM
#90
Living the SloBus life
Joined: Jan 2018
Posts: 2,181
Likes: 92
That is one way to look at it. You could also ask why your pilot group flies a 747 for the same pay as a 757?
We agreed to tie our horse to the higher pay for larger metal scale a long time ago. Changing that now would cause a fundamental change in how our pilots bid for seats. Our crew force is comprised of roughly 90% of the pilots on wide body pay. That United pay rate that I referenced from 2019 should be around $395/hour or more today. IMO, getting to that rate, and the equivalent for wide body FO, or higher for 90% of our crew force would be better than getting us all to $365/hour to get slightly ahead of UPS. I'd prefer not to see the passenger carriers pass our pay rates by $30/hour like they did in 2015/16. YMMV.
We agreed to tie our horse to the higher pay for larger metal scale a long time ago. Changing that now would cause a fundamental change in how our pilots bid for seats. Our crew force is comprised of roughly 90% of the pilots on wide body pay. That United pay rate that I referenced from 2019 should be around $395/hour or more today. IMO, getting to that rate, and the equivalent for wide body FO, or higher for 90% of our crew force would be better than getting us all to $365/hour to get slightly ahead of UPS. I'd prefer not to see the passenger carriers pass our pay rates by $30/hour like they did in 2015/16. YMMV.
, but our 75 pay is even more so.Totally understand the fundamental reordering of how folks would bid if you switched to a single pay scale. Lots of your 75 captains would be displaced and the short term training churn would be undesirable to the company as well. Our rate will exceed that $395/hr rate in September 2025. That’s not as soon as I think it should (this Sept would be better), but it’s better than any other contract currently. It looks like everyone will pattern off of us (I hope) and leave our rates looking bad. It would be helpful when our contract becomes amendable in 2025 if FedEx top rate is around $450/hr (or more) and not $70/ hr below ours.
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