Fly an E190 & want to work for JB founder?
#12
Line Holder
Joined: Mar 2016
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#13
Gets Weekends Off
Joined: Mar 2019
Posts: 315
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#14
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Joined: Mar 2016
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Because you don't know why as evidenced by your reflex response above while at the same time you keep telling those of us who are unhappy to leave.
#15
Banned
Joined: Jun 2019
Posts: 442
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You’re new so you get a pass...but don’t buy that line for a second. Jetblue can absolutely afford to pay us in line with our legacy/SWA peers. Pilot pay has never bankrupted a company, despite management wanting you to believe it has or will. Nor will it limit growth opportunities. Keep in mind, jetblue recently bought back what, $1.5 billion in stock? If jetblue couldn’t afford to pay us industry leading pay, they also couldn’t afford to buy back that much stock. Nor could they afford to buy the majority of its A321s with cash.
#16
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Joined: Mar 2016
Posts: 972
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The reason is simple.
Management keeps changing the formula.
Up until 2006, the formula was simple.
15% of pre-tax profit divided by company-wide eligible earnings = profit sharing percentage. Basically the standard formula across airlines and other industries.
Then the monkey business started.
It changed to:
15% of pre-tax profit divided by company-wide eligible earnings = profit-sharing percentage - 500 basis points (5% cliff).
Then it changed again:
10% of pre-tax profit divided by company-wide eligible earnings = profit-sharing percentage - 500 basis points (5% cliff).
That is what turned what should have been 8.7% into 0.02%. Not the size of DAL compared to BlueJet or the age difference. Greed and then blame-shifting that the gullible swallow hook line and sinker.
But we have some newbie pointing to the size of DAL as the reason. Talk about mouth wide open and ready for the juice.
Learn your history before dropping your: "if you don't like it leave" BS. It's old and the company is not waiting for the pilot group to smarten up. They have time to wait!!!
Why pilots continually work against themselves and trust those how are not in their ranks is extremely strange. They must screen for that trait.
Drop it!
Management keeps changing the formula.
Up until 2006, the formula was simple.
15% of pre-tax profit divided by company-wide eligible earnings = profit sharing percentage. Basically the standard formula across airlines and other industries.
Then the monkey business started.
It changed to:
15% of pre-tax profit divided by company-wide eligible earnings = profit-sharing percentage - 500 basis points (5% cliff).
Then it changed again:
10% of pre-tax profit divided by company-wide eligible earnings = profit-sharing percentage - 500 basis points (5% cliff).
That is what turned what should have been 8.7% into 0.02%. Not the size of DAL compared to BlueJet or the age difference. Greed and then blame-shifting that the gullible swallow hook line and sinker.
But we have some newbie pointing to the size of DAL as the reason. Talk about mouth wide open and ready for the juice.
Learn your history before dropping your: "if you don't like it leave" BS. It's old and the company is not waiting for the pilot group to smarten up. They have time to wait!!!
Why pilots continually work against themselves and trust those how are not in their ranks is extremely strange. They must screen for that trait.
Drop it!
Last edited by BlueJetDork; 09-16-2019 at 09:15 AM.
#19
Gets Weekends Off
Joined: Jan 2019
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#20
Line Holder
Joined: Mar 2016
Posts: 972
Likes: 1
0.002, 0.02 or 0.2% all looks the same on an iPhone screen.
In our paycheck, the 8.5% we lost is very noticeable.
But only if we had DAL size or age we could have a real profit-sharing plan.
If only. [/sarcasm]
Targeted selection at its finest!
In our paycheck, the 8.5% we lost is very noticeable.
But only if we had DAL size or age we could have a real profit-sharing plan.
If only. [/sarcasm]
Targeted selection at its finest!
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captain_drew
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