JetBlue Latest and Greatest
#2951
Gets Weekends Off
Joined APC: Dec 2014
Posts: 155
Please point out where I lied.
Let's use this comparison. I make $121/hour. A United Airbus FO at my longevity makes $157/hour. That's a 33% difference right there. Add the retirement difference of 3% (I'm using your numbers there not mine) and now I'm at 36%. Bring healthcare into the debate and I'm well over 40% difference. So again please point out my lies WhiteHammer.
Profit sharing should never be used in compensation comparisons as it's upon management to run a profitable company and we cannot rely on that to happen to be properly compensated.
Let's use this comparison. I make $121/hour. A United Airbus FO at my longevity makes $157/hour. That's a 33% difference right there. Add the retirement difference of 3% (I'm using your numbers there not mine) and now I'm at 36%. Bring healthcare into the debate and I'm well over 40% difference. So again please point out my lies WhiteHammer.
Profit sharing should never be used in compensation comparisons as it's upon management to run a profitable company and we cannot rely on that to happen to be properly compensated.
You would need a 30% increase not 33. So your rate is a total of 33%. And your right that does not include other benefits.
#2952
Gets Weekends Off
Joined APC: Dec 2014
Posts: 155
This is wrong. JB is 202/hr with 16% PS. It's 218 with 10% PS. You're mixing apples and oranges. So 218* 1.23 = 268 So that's 25% behind. Let's take the year 1 or 2 guy who can't afford to put 5% into his 401K because he needs it to by Ramon noodles to feed his family. So that would be (using 12 year pay for similar comparisons) 218*1.18 = 257 which now makes it 30% behind.
And that doesn't take into consideration work rules, vaca/sick, HC, etc....
We're behind. By a LOT. And the gap is widening.
And that doesn't take into consideration work rules, vaca/sick, HC, etc....
We're behind. By a LOT. And the gap is widening.
#2953
Gets Weekends Off
Joined APC: Dec 2014
Posts: 155
You guys should all really just quit and go somewhere else. We only get 3% retirement and 5% of the profit sharing is added in twice. So it's really only 11% PS (16-5) and negitive 2% retirement (3-5). I am glad that 11% PS helps my -2% retirement.
#2954
Not A Janitor
Joined APC: Aug 2008
Posts: 814
Did you pass math class? You got to be the dumbest pilot in the world. 3%? Yeah I got 3% ****ing percent. I got 13% contributed to my retirement and 16 percent profit sharing check. That's how it really works, why are you trying to lie about it? I know 5% of my retirement is PS, doesn't matter. Fact is 13% to my 401K from the company and 16% from the company to a check in my hand.
ATR driver= worlds dumbest pilot
ATR driver= worlds dumbest pilot
#2955
Gets Weekends Off
Joined APC: Mar 2012
Posts: 991
#2956
We only get 13% if we defer 5% of our pay. Otherwise it's 8% if you want (or need) that 5% now.
Also, that 16% profit sharing is from last year's numbers. JB changed the formula (without our input) so, all things being equal, that number would be about 10% this year. Did you know that JB didn't initially offer us the 8% "raise"? ALPA fired back and claimed retaliation and the company had little choice at that point.
If I were younger and/or more junior I'd be looking elsewhere. However, leaving (or not coming to) JB is a personal decision. At most of our domiciles you could easily be better off at the big 4 or 5. I guess BOS is the exception because the only other carrier with a BOS domicile is AA, which is CURRENTLY quite senior.
Good luck to all for a happy and prosperous career.
Choose wisely.
Gup
Also, that 16% profit sharing is from last year's numbers. JB changed the formula (without our input) so, all things being equal, that number would be about 10% this year. Did you know that JB didn't initially offer us the 8% "raise"? ALPA fired back and claimed retaliation and the company had little choice at that point.
If I were younger and/or more junior I'd be looking elsewhere. However, leaving (or not coming to) JB is a personal decision. At most of our domiciles you could easily be better off at the big 4 or 5. I guess BOS is the exception because the only other carrier with a BOS domicile is AA, which is CURRENTLY quite senior.
Good luck to all for a happy and prosperous career.
Choose wisely.
Gup
#2957
Not A Janitor
Joined APC: Aug 2008
Posts: 814
Correct me if I'm wrong, but United and Delta don't reduce their profit sharing payouts to fund 401(k) contributions. Therefore those 5 points should not be considered retirement, rather a portion of profit sharing that is placed into your 401(k) by diktat. (Running total... 13 minus 5, so now we are at 8% with our matching contribution, half what DL/UA get without any matching required.)
As for the matching: If someone is adamant about considering the 5% match when comparing to Delta and United, you must make this apples to apples. They don't have to contribute a penny of their income to receive 16% from their employer. Since we must defer 5% of our income to receive the match, you must reduce your gross income by 5% to make the comparison equal. But if you don't match, which is your discretion, you obviously wouldn't need to adjust your gross and your net company contribution less profit sharing would be 3%.
Hopefully WhiteHammer could hold on for all that arithmetic and reasoning.
#2958
Permanent Ready Reserve
Joined APC: Mar 2006
Position: Upright and Locked
Posts: 969
#2959
Gets Weekends Off
Joined APC: Sep 2014
Position: fifi whisperer
Posts: 1,255
I think I've worked with you before, and if you are who I think you are, you are a really great guy and a good captain.
It's easy to get caught up typing angry on the internet. What makes it worse, is you clearly love it here and want to defend the company and company culture. I simply want the best compensation, and growth opportunities for my family. I really could care less about fun, how great the crews are (yes, no where else will have crews as great as here). But, for me it's a numbers game. If our total compensation surpases DL/UA/AA, I'll stay. If not, I'll go to where I'm compensated the best.
A small piece of advice, if you will-
We are all on the same side. I think we all like it here, and just want to make it the best place it can be. Being upset and defensive gets you no where. You may want to stay here regardless of any changes and that is great. We need good guys here to make this place the great place that it is. You must understand however, that others don't share your feelings, and you have to understand their position as well.
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