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Originally Posted by John Pennekamp
(Post 657308)
And once again, the redheaded, redneck stepchildren at ASA got the shaft...
SKW CA, $1034 gross. |
Eagle sets some unrealistic performance goals (arrival+14, completion percentages, etc) and if we exceed all of the goals for the quarter we get a $75 bonus (maybe 40 bucks after tax). I dont think we have had a payout in the past year or so.
Those at SKYW and ASA, what is your bonus based on? Do non-pilot employees get the same bonus? Is it something you guys consciously think about on the line and try to meet the goals when on duty? Its a decent bonus, something we all should try to negotiate in the next round. |
Originally Posted by Flyby1206
(Post 657358)
Its a decent bonus, something we all should try to negotiate in the next round.
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Originally Posted by Flyby1206
(Post 657358)
Eagle sets some unrealistic performance goals (arrival+14, completion percentages, etc) and if we exceed all of the goals for the quarter we get a $75 bonus (maybe 40 bucks after tax). I dont think we have had a payout in the past year or so.
Those at SKYW and ASA, what is your bonus based on? Do non-pilot employees get the same bonus? Is it something you guys consciously think about on the line and try to meet the goals when on duty? Its a decent bonus, something we all should try to negotiate in the next round. |
Originally Posted by John Pennekamp
(Post 657308)
And once again, the redheaded, redneck stepchildren at ASA got the shaft...
If you were still with Daddy Delta not only would you probably not have gotten your new contract pushed through, but you wouldn't be getting any SKW inc bonus and you'd probably be atrophying like Comair. I understand you're losing flying with Delta, but so is every other DCI carrier out there. Best of luck |
Originally Posted by Flyby1206
(Post 657358)
Eagle sets some unrealistic performance goals (arrival+14, completion percentages, etc) and if we exceed all of the goals for the quarter we get a $75 bonus (maybe 40 bucks after tax). I dont think we have had a payout in the past year or so.
Those at SKYW and ASA, what is your bonus based on? Do non-pilot employees get the same bonus? Is it something you guys consciously think about on the line and try to meet the goals when on duty? Its a decent bonus, something we all should try to negotiate in the next round. On Time Departures, -10 to +0 On Time Arrival, -anything to +14 Completion Bags Handled Customer Satisfaction All employees benefit. I don't think about it, I just do my job. |
ASA guys don't forget that you get credit for the 7/9 and we just get a Block Hour Override. Also your scales are a little bit higher than ours. We need to work together and get the best of each other's contracts.
ps - I already know that SKYW doesn't have a contract blah blah blah |
Originally Posted by fatmike69
(Post 657368)
Partial on performance, a metric based on on time arrivals, departures, mishandled bags, completion, and customer satisfaction. The other part of the bonus is based on the company's financial results for the quarter. Basically, take the net margin for the company (usually around 3%), multiply that by your quarterly salary, and that's what you get. Of my $910, $350 of that was a performance reward, the rest was financial. I think all employees get the bonus, but not quite sure. As far as thinking about it online, I don't usually think about it. I just go about my job as I normally would and keep my same pace and routines.
Originally Posted by Nevets
(Post 657364)
It seems to be a good idea but I wouldn't want to negotiate for it at the expense of pay rates, 401k matching, or defined contribution (B) plans.
If I was at a publicly traded company like SKYW I would prefer to have a bonus based on financial performance while having a payscale in line with everyone else. If the company performs well and makes a profit I know I am going to see some benefit from that. If the company loses money I know the labor costs aren't the reason and mgmt has nobody to blame but themselves. Having the highest payscale isnt a great position to be in, ask UAL/DAL how that worked for them pre-9/11. |
Originally Posted by Flyby1206
(Post 657376)
Thanks for the info, sounds pretty clear to me that regional carriers can make a profit if 2/3 of your bonus is financial, nice job.
Agreed 100%. ASA and SKYW payscales/401k seem to be in line with the majority of other regionals. If I was at a publicly traded company like SKYW I would prefer to have a bonus based on financial performance while having a payscale in line with everyone else. If the company performs well and makes a profit I know I am going to see some benefit from that. If the company loses money I know the labor costs aren't the reason and mgmt has nobody to blame but themselves. Having the highest payscale isnt a great position to be in, ask UAL/DAL how that worked for them pre-9/11. I'm not a support of our current rates but we operate off very thin margins with zero ability to pass an increase in our cost on to our customer. If we did they'd find someone cheaper...........this business model stinks but that's life as a "sub-contractor" inside or outside this industry. |
There used to be OT performance bonus checks at Mesaba, for everyone but the pilots. They went away in bankruptcy. We as pilots refused the program because of the way it was structured. Further... we beat our goals and generally beat every other DCI carrier without having this performance incentive... WHY would the company implement one now?
As for profit sharing... I was happy to get mine. I can't believe all of you whiners and complainers about FREE MONEY that the company is giving you. We've never had this before at Mesaba, even in our big profit years, so at least it's something. If you don't want it... I'm sure there are many out there that would take it on your behalf. |
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