Signing Bonus/retirement question
#11
#12
Gets Weekends Off
Joined APC: Nov 2006
Position: 767 FO
Posts: 8,047
In truth our contract was renewed for 2 extra years. I don't remember if 2 or 3, 3% raises were part of the deal. It was called an interim contract, but it went through the whole section 6 process.
#13
#14
Gets Weekends Off
Joined APC: Dec 2013
Position: FedEx A-300 Captain
Posts: 125
My source says the signing bonus is a huge pot of money given to the Association thus placing the burden of equity on ALPA's shoulders. Supposedly ALPA national is involved trying to figure out how to divide the pot. This is straight from the dude that loads the coolers on every flight.
#17
If I remember correctly, we had to wait a period of time (was it 6 months?) before we got the first installment. Why does it have to be that way? Why can't we just get the full amount up front? (we certainly have waited long enough for it). It just amounts to an interest free loan that we are giving the company, during that time period. We are floating them for 6 months, or whatever time period they hold onto our money.
#19
#20
Gets Weekends Off
Joined APC: Nov 2006
Position: 767 FO
Posts: 8,047
If I remember correctly, we had to wait a period of time (was it 6 months?) before we got the first installment. Why does it have to be that way? Why can't we just get the full amount up front? (we certainly have waited long enough for it). It just amounts to an interest free loan that we are giving the company, during that time period. We are floating them for 6 months, or whatever time period they hold onto our money.
Thread
Thread Starter
Forum
Replies
Last Post