JetBlue Guys pay attention!
09-28-2009, 05:27 PM
#1
Gets Weekends Off
Thread Starter
Joined APC: Dec 2008
Position: Left,Right, Left, Right,Right,Left, Right, Left
Posts: 3,150
JetBlue Guys pay attention!
As you all know the pilot group is eagerly awaiting their "retro" money dating back to 1 Jun 2009. right now that money is scheduled to be paid out on 20 October 2009. But wait! The company found a way mess this up too. Management does not want to treat this as "retro-pay" but rather as a "special payment". What this means is that none of this money will be eligible for profit sharing, 401K match, and will be taxed at a higher rate. That is not the definition of pay. This small fact was deliberately hidden from the pilots and the committees.
Take that ball and run with it. I guess we'll see when payroll hits in 3 weeks...
Take that ball and run with it. I guess we'll see when payroll hits in 3 weeks...
09-28-2009, 06:00 PM
#2
Gets Weekends Off
Joined APC: Feb 2006
Position: DD->DH->RU/XE soon to be EV
Posts: 3,732
Originally Posted by CaptCoolHand
As you all know the pilot group is eagerly awaiting their "retro" money dating back to 1 Jun 2009. right now that money is scheduled to be paid out on 20 October 2009. But wait! The company found a way mess this up too. Management does not want to treat this as "retro-pay" but rather as a "special payment". What this means is that none of this money will be eligible for profit sharing, 401K match, and will be taxed at a higher rate. That is not the definition of pay. This small fact was deliberately hidden from the pilots and the committees.
Take that ball and run with it. I guess we'll see when payroll hits in 3 weeks...
Take that ball and run with it. I guess we'll see when payroll hits in 3 weeks...
Uh, that sucks dude.
If that's what happens, you might end up welching on the bet you made.
And I wouldn't blame you.
09-29-2009, 09:53 AM
#4
Gets Weekends Off
Joined APC: Jul 2007
Position: 320 F/O
Posts: 168
I knew something like this would happen....
3A! Fax in that retainer boys... they'd lay it to us it's time to lay it on them.
Glad someone finally started a new site, bp.com was obviously ran by the company.
(our internal official/un-official message board went "down" for the past week or so in the midst of productive discussion.....)
3A! Fax in that retainer boys... they'd lay it to us it's time to lay it on them.
Glad someone finally started a new site, bp.com was obviously ran by the company.
(our internal official/un-official message board went "down" for the past week or so in the midst of productive discussion.....)
09-29-2009, 03:53 PM
#5
On Reserve
Joined APC: Nov 2008
Posts: 16
Originally Posted by CRFguy
I knew something like this would happen....
3A! Fax in that retainer boys... they'd lay it to us it's time to lay it on them.
Glad someone finally started a new site, bp.com was obviously ran by the company.
(our internal official/un-official message board went "down" for the past week or so in the midst of productive discussion.....)
3A! Fax in that retainer boys... they'd lay it to us it's time to lay it on them.
Glad someone finally started a new site, bp.com was obviously ran by the company.
(our internal official/un-official message board went "down" for the past week or so in the midst of productive discussion.....)
BTW I just heard black helicopters follow B6 crewmembers in T5. Better watch out.
09-29-2009, 03:59 PM
#6
Gets Weekends Off
Joined APC: Feb 2007
Position: A320 CA
Posts: 944
Originally Posted by CaptCoolHand
As you all know the pilot group is eagerly awaiting their "retro" money dating back to 1 Jun 2009. right now that money is scheduled to be paid out on 20 October 2009. But wait! The company found a way mess this up too. Management does not want to treat this as "retro-pay" but rather as a "special payment". What this means is that none of this money will be eligible for profit sharing, 401K match, and will be taxed at a higher rate. That is not the definition of pay. This small fact was deliberately hidden from the pilots and the committees.
Take that ball and run with it. I guess we'll see when payroll hits in 3 weeks...
Take that ball and run with it. I guess we'll see when payroll hits in 3 weeks...
Oh...........wait, thats right, you guys dont have a union.
09-29-2009, 04:28 PM
#7
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Joined APC: Jul 2007
Position: E190 FO
Posts: 129
Originally Posted by captscott26
Why doesn't someone just file a grievance?
Oh...........wait, thats right, you guys don't have a union.
Oh...........wait, thats right, you guys don't have a union.
Last edited by buffmike80; 09-29-2009 at 06:02 PM.
09-29-2009, 05:46 PM
#8
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Joined APC: Feb 2007
Position: e190
Posts: 929
Originally Posted by buffmike80
We have a contract and a grievance process, you don't need a union to file a grievance. I don't know if this is true or not, I am wondering how CaptCoolHand came across this.
This isnt a knock on jetblue but the industry in general. When a company has this much freedom and arbitrators are allowed to have proven "track records" then it just leads to companies screwing over the employees because they wont be held accountable
09-29-2009, 05:56 PM
#9
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Joined APC: Jul 2007
Position: E190 FO
Posts: 129
Strait from the horses mouth
Fellow Pilots;
Once again a rumor campaign with fictitious information has started, this time regarding your upcoming “retro” check in the October 20 paycheck.
Here are the facts:
Basic Information Regarding the Retroactive Payment:
• The retroactive payment will be included in your Oct 20th paycheck
• Retroactive pay will be subject to the supplemental rate for federal tax withholding of 25%, per IRS regulations. This rate may be more or less than your usual withholding rate, depending on your income level.
• 401 (k) contributions will be taken from eligible retroactive pay as they would in a standard pay cycle. IRS limits for maximum eligible compensation and deferrals still apply.
• The 401(k) match is made dollar for dollar up to 5% on all retroactive pay for taxable wages.
• Profit sharing is based on eligible pay at 12/31 of each year. Retroactive pay will be included in eligible pay for the 2009 year.
• Retroactive pay will be considered eligible pay for determining disability payments.
Dave Israel
Chair, Compensation and Benefits
On behalf of the Committee.
Once again a rumor campaign with fictitious information has started, this time regarding your upcoming “retro” check in the October 20 paycheck.
Here are the facts:
Basic Information Regarding the Retroactive Payment:
• The retroactive payment will be included in your Oct 20th paycheck
• Retroactive pay will be subject to the supplemental rate for federal tax withholding of 25%, per IRS regulations. This rate may be more or less than your usual withholding rate, depending on your income level.
• 401 (k) contributions will be taken from eligible retroactive pay as they would in a standard pay cycle. IRS limits for maximum eligible compensation and deferrals still apply.
• The 401(k) match is made dollar for dollar up to 5% on all retroactive pay for taxable wages.
• Profit sharing is based on eligible pay at 12/31 of each year. Retroactive pay will be included in eligible pay for the 2009 year.
• Retroactive pay will be considered eligible pay for determining disability payments.
Dave Israel
Chair, Compensation and Benefits
On behalf of the Committee.
09-29-2009, 05:59 PM
#10
Gets Weekends Off
Joined APC: Jul 2007
Position: E190 FO
Posts: 129
Originally Posted by newarkblows
a grievance process where the company gets to choose the arbitrator ... the whole process is pretty much BS
This isnt a knock on jetblue but the industry in general. When a company has this much freedom and arbitrators are allowed to have proven "track records" then it just leads to companies screwing over the employees because they wont be held accountable
This isnt a knock on jetblue but the industry in general. When a company has this much freedom and arbitrators are allowed to have proven "track records" then it just leads to companies screwing over the employees because they wont be held accountable
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