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-   -   Can we talk Retro? (https://www.airlinepilotforums.com/frontier/113863-can-we-talk-retro.html)

flycrj200 05-22-2018 07:28 AM


Originally Posted by OpenClimb (Post 2599103)
Yet another reason for my no vote.

Vote no on what? What if you get a $1,000,000 in retro!

CrewRest 05-22-2018 08:21 AM

Also from what I understand we do no want any retro money to be labeled as a "bonus" from the company because of much higher tax rates. Does this sound correct? And of course it is absolutely not a bonus.

Blueskies67 05-22-2018 08:32 AM

Hawaiian paid the difference between new rate and old rate at 81 credits a month. Seems to be as fair as you can get.

CantStayAway 05-22-2018 08:43 AM


Originally Posted by CrewRest (Post 2599635)
Also from what I understand we do no want any retro money to be labeled as a "bonus" from the company because of much higher tax rates. Does this sound correct? And of course it is absolutely not a bonus.

This is a common misconception. Either way the taxes are the same. Large payments made at once (be it retro, bonus, etc) are WITHHELD at a higher rate. The reason for this is the company projects that income on a monthly basis. In other words if they pay you $40,000 at once then they project you to make at least $480,000 that year ($40k*12 months). Someone making that money pays more taxes then someone making $100k/year.

The good news is at any rate, you get back the tax overpayment in a refund when you file.

V1 McFlyerson 05-22-2018 08:51 AM


Originally Posted by CrewRest (Post 2599635)
Also from what I understand we do no want any retro money to be labeled as a "bonus" from the company because of much higher tax rates. Does this sound correct? And of course it is absolutely not a bonus.


Originally Posted by CantStayAway (Post 2599653)
This is a common misconception. Either way the taxes are the same. Large payments made at once (be it retro, bonus, etc) are WITHHELD at a higher rate. The reason for this is the company projects that income on a monthly basis. In other words if they pay you $40,000 at once then they project you to make at least $480,000 that year ($40k*12 months). Someone making that money pays more taxes then someone making $100k/year.

The good news is at any rate, you get back the tax overpayment in a refund when you file.

This.

Plus, looking at the agreed to LTD plan, it's apparent no one is thinking about tax implications.

CrewRest 05-22-2018 10:09 AM

Ahh.. ok thanks for explaining. That makes sense.

symbian simian 05-22-2018 10:34 AM


Originally Posted by Aero1900 (Post 2599216)
Captains will receive $50,000 each and first officers will each get a voucher for a turkey sandwich in their V file. Most of those vouchers will be stolen by flight attendants, but it won't matter because the vouchers will only be good at the schlotzsky's that closed this month. Captains will complain they didn't get a voucher.

https://i.imgur.com/rca0nT4.mp4

OpenClimb 05-22-2018 01:49 PM


Originally Posted by flycrj200 (Post 2599586)
Vote no on what? What if you get a $1,000,000 in retro!

Way to go Mr. Pedantic.

Please consider probability versus possibility.

The hourly rate ask is too low. Reserve rules weren’t fixed and are arguably worse than current book, long term disability still isn’t own occupation, per diem is industry trailing, we didn’t even ask for profit sharing, I don’t believe we will be seeing the ability to drop down to zero credit like Delta and (I believe) Spirit, Aaaaaand we’ve already agreed to a 5 year deal.

While it’s **possible** that all these things will be fixed in the 11th hour, it’s not **probable**. Hence, my no vote.

therapysession 05-22-2018 04:21 PM


Originally Posted by OpenClimb (Post 2599925)
Way to go Mr. Pedantic.

Please consider probability versus possibility.

The hourly rate ask is too low. Reserve rules weren’t fixed and are arguably worse than current book, long term disability still isn’t own occupation, per diem is industry trailing, we didn’t even ask for profit sharing, I don’t believe we will be seeing the ability to drop down to zero credit like Delta and (I believe) Spirit, Aaaaaand we’ve already agreed to a 5 year deal.

While it’s **possible** that all these things will be fixed in the 11th hour, it’s not **probable**. Hence, my no vote.

If we only have to fly on Wednesday's, does that mean every Wednesday? Seriously....there is nothing to vote on, not even bullet points from an AIP. Not even bullet points from a mediation session for that matter. This post is about as ridiculous as the guy posting about the GOA. Relax.

OpenClimb 05-22-2018 04:59 PM


Originally Posted by therapysession (Post 2600044)
If we only have to fly on Wednesday's, does that mean every Wednesday? Seriously....there is nothing to vote on, not even bullet points from an AIP. Not even bullet points from a mediation session for that matter. This post is about as ridiculous as the guy posting about the GOA. Relax.

Either you haven’t been paying attention or you’re not an F9 person. Yes, in fact, we do have bullet points from mediation sessions that confirm each of the points I referred to in my post. To the extent negotiation update emails do not provide exact and undeniable confirmation of each of the points I’ve referenced, I have sought and received confirmation via almost daily contact with P2P union volunteers.

The worst part about this situation is that even if we get everything we’re asking for, it will be a sub-standard AIP.


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