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Originally Posted by Gunga Galunga
(Post 644993)
everyone thinks they have a back up plan until they get furloughed into this economy and realize how impossible it is to get any decent job, let alone a flying one.
is there any truth to the rumor that senior ASA pilots were b*tching again before this round of furloughs about how they won't be making any money come the fall with reduced line values? And yes, I have sat Ready Reserve a lot lately - on three separate occasions I heard senior captains speaking loudly enough for anyone to hear that we needed to let more go so that they wouldn't have to go back to flying guarantee again this fall. I was near enough to toss a sarcastic barb at one but he wasn't interested in engaging to world around him so it fell on deaf ears. |
Originally Posted by gtechpilot
(Post 645111)
I thought I had a great back-up: I'm and engineer with years of experience in the field....right now I can't even find entry level job openings!
And yes, I have sat Ready Reserve a lot lately - on three separate occasions I heard senior captains speaking loudly enough for anyone to hear that we needed to let more go so that they wouldn't have to go back to flying guarantee again this fall. I was near enough to toss a sarcastic barb at one but he wasn't interested in engaging to world around him so it fell on deaf ears. It's selfishness and a lack of financial planning that result in attitides like that. Those captains are either dicks or make poor life choices and have 2-3 alimonies to pay. If you can't make ends meet making 100K+ in a cheap area like the south you are doing something very wrong. One thing that every pilot (actually every American) should learn is to plan your life around guarentee pay. All per diem and hours over guarentee should be considered a bonus. Go ahead and use some of that "bonus" money to splurge a little but save most of it for a rainy day. That way when you do lose your job, want buy a house, or send your kids to college you have something there to help out. NEVER ever count on anyone for anything like social security or pension because chances are it'll get taken away. |
According to an email they are offering a retirment plan for qualified individuals. If my calculations are right the max one can expect from an early out lump sum payment is $57,600 + whatever vacation time they have left. They also get flight benefits and COBRA for 18 months.
They are also offering an early out plan as well. I don't think they'll get too many takers on this, but who knows. I'm sure there are plenty of guys who need to rebuild their 401K for a couple of more years. |
So when are talks of pay cuts coming? Tomato (furlough) / Tomoto (pay cuts) when it comes to saving money it seems.
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Originally Posted by gtechpilot
(Post 645111)
I thought I had a great back-up: I'm and engineer with years of experience in the field....right now I can't even find entry level job openings!
And yes, I have sat Ready Reserve a lot lately - on three separate occasions I heard senior captains speaking loudly enough for anyone to hear that we needed to let more go so that they wouldn't have to go back to flying guarantee again this fall. I was near enough to toss a sarcastic barb at one but he wasn't interested in engaging to world around him so it fell on deaf ears. |
I think at this point if I heard a Super senior guy, or anyone for that matter taking in ops of furloughs are better for him, so he can make money, I don't think im gonna think twice. Im just gonna sock em. I even may lose the fight. But at least I will have proved my point.
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Not the smartest idea in the world, but we all understand your pain. I hope this turns around soon.
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Originally Posted by samuraiguytn
(Post 645395)
I think at this point if I heard a Super senior guy, or anyone for that matter taking in ops of furloughs are better for him, so he can make money, I don't think im gonna think twice. Im just gonna sock em. I even may lose the fight. But at least I will have proved my point.
Sorry to hear the news. |
I’ve heard these comments too. Its selfish and stupid to think you can’t support yourself on less than a 90hr credit line. Seems to me these super senior people have never had to deal with the thought of losing their job. At least at ASA that is. On one occasion I asked the guy what his experience was starting out at ASA. It was about 2 months on reserve and a 3 year upgrade. Wow now that’s a tough road there.
…Still happy to be employed myself. Good luck to everyone. |
Originally Posted by jth029
(Post 645543)
I’ve heard these comments too. Its selfish and stupid to think you can’t support yourself on less than a 90hr credit line. Seems to me these super senior people have never had to deal with the thought of losing their job. At least at ASA that is. On one occasion I asked the guy what his experience was starting out at ASA. It was about 2 months on reserve and a 3 year upgrade. Wow now that’s a tough road there.
…Still happy to be employed myself. Good luck to everyone. |
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