FDX-Fruitful Week?
#131
I'm sure that they (FedEx) are looking at what Delta did some years back when they offered early outs, then hired back the Capt's as contract until they could man the seats. Capt's double dip, and the money doesn't come out of the contract pool of money. However can you imagine trying to get that side letter passed and the can of worms that would open up ! What a cluster this has become because FedEx wanted to save money in the short term.
#132
Gets Weekends Off
Joined APC: Sep 2009
Position: 767 Seat 1A
Posts: 222
How so? I get that you did not move up the seniority ladder as fast as you would have if the rule had not changed, but you also have the option to work that extra 5 years if you either want or need to.
YOU may be an exception, but do you really think that your age demographic will retire at an earlier than maximum age when they are presented with the same scenario as you approach 60? I suspect the numbers staying until forced out will remain pretty much the same. We'll see.
YOU may be an exception, but do you really think that your age demographic will retire at an earlier than maximum age when they are presented with the same scenario as you approach 60? I suspect the numbers staying until forced out will remain pretty much the same. We'll see.
#133
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My suggestion: give the pilot a financial incentive to announce his retirement in advance. The pilot gives 1 year notice of planned retirement, he receives one amount, 6 months notice is rewarded with 60% of that amount, 3 months gets 30%. The amount? Why not tap into the deferred compensation the pilot has already earned? The pilot has already earned his sick leave and disability account, and The Company already carries that on its balance sheet as a liability. Why not let the pilot have what he has already earned?
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My suggestion: give the pilot a financial incentive to announce his retirement in advance. The pilot gives 1 year notice of planned retirement, he receives one amount, 6 months notice is rewarded with 60% of that amount, 3 months gets 30%. The amount? Why not tap into the deferred compensation the pilot has already earned? The pilot has already earned his sick leave and disability account, and The Company already carries that on its balance sheet as a liability. Why not let the pilot have what he has already earned?
...
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#134
Gets Weekends Off
Joined APC: Mar 2006
Position: Crewmember
Posts: 1,377
Lineslug,
If you don't understand how the junior guys were hosed by age 65, I am afraid there is no hope for you.
The guys that were already Captains had the option to stay until 65 or retire at 60. They also got an "extra" 5 years of Captain pay, that I will never have the opportunity to get.
Because my Captain upgrade was delayed by 5 years, I will need to stay until age 65 in order to make up for lost revenue, if I can continue to pass the physical, which is an unknown. I already have one friend who permanently out on disability at age 59.
I have heard more than one Captain, who advanced to wide body pay in his 40's or even 30's, tell me that they, too, were affected by age 65, because they didn't get their choice of bid lines each month. Cry me a river. I had to bite my tongue since it was a 12 day trip.
If anyone is deserving of a "bonus" chunk of money, it should be those crew members who were stuck as FO's for an extra 5 years. ALPA hosed us, then FDX ALPA added insult to injury by putting the FE's back in the Left Seat through manipulated bids, then insulted us again by giving 25k to the guys that stayed until 65! There should be "retro" pay for FO's!
And people wonder why I will vote no if I don't get my 25K?
Seriously?
If you don't understand how the junior guys were hosed by age 65, I am afraid there is no hope for you.
The guys that were already Captains had the option to stay until 65 or retire at 60. They also got an "extra" 5 years of Captain pay, that I will never have the opportunity to get.
Because my Captain upgrade was delayed by 5 years, I will need to stay until age 65 in order to make up for lost revenue, if I can continue to pass the physical, which is an unknown. I already have one friend who permanently out on disability at age 59.
I have heard more than one Captain, who advanced to wide body pay in his 40's or even 30's, tell me that they, too, were affected by age 65, because they didn't get their choice of bid lines each month. Cry me a river. I had to bite my tongue since it was a 12 day trip.
If anyone is deserving of a "bonus" chunk of money, it should be those crew members who were stuck as FO's for an extra 5 years. ALPA hosed us, then FDX ALPA added insult to injury by putting the FE's back in the Left Seat through manipulated bids, then insulted us again by giving 25k to the guys that stayed until 65! There should be "retro" pay for FO's!
And people wonder why I will vote no if I don't get my 25K?
Seriously?
#135
Line Holder
Joined APC: Feb 2011
Position: Bus
Posts: 60
How so? I get that you did not move up the seniority ladder as fast as you would have if the rule had not changed, but you also have the option to work that extra 5 years if you either want or need to.
YOU may be an exception, but do you really think that your age demographic will retire at an earlier than maximum age when they are presented with the same scenario as you approach 60? I suspect the numbers staying until forced out will remain pretty much the same. We'll see.
YOU may be an exception, but do you really think that your age demographic will retire at an earlier than maximum age when they are presented with the same scenario as you approach 60? I suspect the numbers staying until forced out will remain pretty much the same. We'll see.
Bottom-line is this; it appears the majority of APC followers, crew bus passengers, and AOC popcorn eaters feel that there should be no negotiating capital expended to prevent people from retiring before Peak. If we reach a TA before Peak, the manning issue is management's fault. I hope our negotiating committee feels the same since they speak for me, you, and every other FedEx pilot!
#137
Gets Weekends Off
Joined APC: Nov 2006
Position: 767 FO
Posts: 8,047
How so? I get that you did not move up the seniority ladder as fast as you would have if the rule had not changed, but you also have the option to work that extra 5 years if you either want or need to.
YOU may be an exception, but do you really think that your age demographic will retire at an earlier than maximum age when they are presented with the same scenario as you approach 60? I suspect the numbers staying until forced out will remain pretty much the same. We'll see.
YOU may be an exception, but do you really think that your age demographic will retire at an earlier than maximum age when they are presented with the same scenario as you approach 60? I suspect the numbers staying until forced out will remain pretty much the same. We'll see.
#138
We need to, as a group, stop worrying about retirements when we talk contract. We need to bargain for a contract for those of us who are going to fly under it. Mismanagement of retirement rates - not our problem.
The problem with all of this talk about incentives for guys to stay through peak and incentives to provide more notice is that the money will come out of another area. We (the ones working under the contract) shouldn't give up money to help cover for a management failure.
If that is something the company wants to pony up on their own, after a ratified contract, so be it. When we allow these things to become part of contract negotiations, we just guarantee that guys will hang around at the next negotiation.
Pipe
The money I propose for the solution doesn't come out of our hide -- it's money the pilot has already earned, his deferred compensation.
I'm always a little confused (not by these posts, but by others in the thread) how some people want senior pilots to "retire, get out of my seat", but they won't consider a benefit to encourage them to leave.
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#139
Haven't we ploughed this ground enough? Our union did NOT lobby to change the regulated age.
If you really want to rehash, can we do it in a different thread?
If it's the issue that prevents The Company from consummating a deal, we at least owe it to ourselves to consider it. Absent a deal, I don't see any pay rate increases on the horizon, and we still have the same old accepted fares problem. I could go on ...
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If you really want to rehash, can we do it in a different thread?
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#140
Chief Pilot Jack Lewis gets the credit for manipulating those bids, but he is somehow more remembered for his "charming" e-mails.
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