LRSRanger

What I got from this thread is a stack of netjet wings must equal a heavy sack.


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BuckeyeFO

Kicking the shins of Netjets....more like looking out for fellow pilots so they don't end up in the most dead end job in the industry.

I have nothing to gain and nothing to lose by coming to this thread.
I'm not part of the Netjets Ponzi scheme where I need to keep bringing in suckers below me.

I want every potential employee out there to know that they are signing up for career purgatory. Pay, QOL, retirement - all of it miles behind the industry and no change in sight.

A hiring freeze at Netjets is the best possible thing right now. No new prisoners and hopefully those on the bottom of the seniority list will see there is no light at the end of the tunnel and punch out.

mainiac

Correct me if I'm wrong, but the company is matching up to specific dollar values (max IRS allowable per age). Up to age 50, that is $18K, (they'll give us $9k). After age 50, the "catch up" dollar value goes up to $24K (so $12k match).
Sadly, on my 3rd year 7/7 pay, $24K is about 1/3 of my base pay. I'm doing 23% right now, and they've been matching it 50% of that. (Weekly match is 50% of 15%, then there is an annual catch up in March)

I'm broke every other Thurs before payday, but my 401K is growing pretty well.

Jetlife

Tremendous recruitment opportunities? Come onnnnnnnnn lol

Jetlife

No we are different in most ways. Somebody that has had the career history he has, should be more apprehensive and certainly not have the blind faith that he has now. It's one thing to compare the 20 year upgrades and the pay deficit but it's a whole other to positively spin unfavorable things that the company is doing. An IBB is coming even though the union president sent an email specifically addressing that and saying no. No hiring for the rest of the year means that the company is refocusing on efficiency even though people are still leaving. Reducing the overall fleet size somehow allows them to grow the fleet later on. Reducing the pilot group size is because of sim issues even though the company has been reducing the pilot group size essentially since they began hiring post furlough.

These things don't add up, and most can see it except him. He hates the airline industry and is universally pro NetJets. Any sort of factual comparisons to other companies or highlighting issues at NetJets (because there are issues there, believe me), constitutes burning bridges to him. I don't regret going to NetJets and I was happy to be gainfully employed by them for sure, but there will never be a thread on the union MB or APC that asks about NetJets, that he won't jump all over to show how awesome NetJets is from the perspective of a 16 year captain who upgraded in indoc.

Honestly it's people like him why many of the initial new hire classes post furlough feel like they were lied to. Lots of spin on things when you asked questions during the interview process. I think that had a lot to do with contract negotiations so now that the dust has settled from that, it's much easier to snapshot your future should you decide to go there.

Chris99

...Power Rangers.

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Chris99

...Power Rangers.

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Tiggerpilot

Sorry for mentioning your name fly low... I have no idea how to edit a post in this board.

Mods, thanks for doing that for me. Can I get a quick tutorial on how to edit a post?

Jetlife

1. Ponies
2. Balloons
3. NetJets
4. Made up job offer
5. Made up job offer

jtf560

Check out 29.3 of the contract. Anything above 20% per pay period will be matched in the true up by February 15th of the next year. This part hasn't changed since at least the 05 contract. I got the true up for my first 10 years with the company.

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