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Quote:

Originally Posted by CaptainCarl (Post 1510564)

Also, food for thought: The next class of 10 equals $60,000 in new-hire bonuses.

I wonder what else the Company could do with $60,000...

75 hours/month x $5/hour = $375/month. The Company could give 160 pilots a $5/hour pay raise ;)

For the next 10 pilots they hire, they could finish off the seniority list (another 66 pilots) and have $35,250 left over...

Hmm... I wonder how much those iPads cost? That's 250 very expensive paperweights. Maybe they could use some of that leftover money to find a vendor who can give our iPads the support they need?

The next 10 pilots? Well heck, that's another $60,000. I wonder where Silver is suddenly finding all this money... Maybe it's all that nickel-and-diming they do on our paychecks. I might as well be a bona-fide CPA with the number of audits I've done over the past year :D

All that said, I'm glad Silver has finally recognized the need to make changes in order to attract pilots and try to retain the ones they have.

There are many reasons that benefit the company to structure it this way instead of a raise.

1.) A raise is permanent. If an employee stays long enough the raise will work out higher in the long run.
2.) A raise would have to be given to the entire group.
3.) No union negotiation to give a bonus
4.) A bonus doesnt become part of a companies recurring costs
5.) A bonus doesnt become part of a new hourly rate for basing future new hourly rates from.
6.) A bonus doesnt become part of the equation for benefits that are based on a percentage of salary such as 401k and life insurance.

Carl speaks the truth!

Quote:

Originally Posted by DPApilot (Post 1510555)

Ok Todd, clearly you know much more than everyone else here.

He is a lost cause don't waste your time.

Quote:

Originally Posted by Chrisw (Post 1510518)

I want retention bonuses. I believe the company is going to try to simply keep upgrades under 3 years and call the left seat the retention bonus. Not ok but that is what I feel will be all we are gonna get.

Gotta find FO's to replace you guys so you can upgrade. That's the problem lakes has.

Ain't the union conference call tomorrow?

Quote:

Originally Posted by Cruz5350 (Post 1510584)

Carl speaks the truth!

×10 and yes Mr. Props is a lost leming. I knew that a long time ago.

Quote:

Originally Posted by dmncnpilot (Post 1510645)

×10 and yes Mr. Props is a lost leming. I knew that a long time ago.

You're just jealous you can't take cool duck face pictures ....

Man it's so easy to guess who everyone is it's not even funny haha.

And some don't even try to hide it.

<---------

Anyone listen to the conference call? Anything good?

Quote:

Originally Posted by Chrisw (Post 1510968)

And some don't even try to hide it.

<---------

Anyone listen to the conference call? Anything good?

C'mon, the only people more obvious than me would be you or Stevey-Poo.