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Performance plus pay out
Does your airline reward you with performance plus pay outs? I just got mine, about $150 after taxes. How much does yours pay? I heard skywest;s is about 4 times mine.... im an ASA FO.
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Someone at Comair got $0.22 a week or so ago.
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Not at RAH. We get a Christmas bonus, usually.
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None at Mesaba. Our execs keeps that cash.
Once upon a time Mesaba got a profit sharing check. Was worth .01% of your anual income. So it was about $15-18 for a first or second year FO. :rolleyes: |
As I understand it, every employee at Pinnacle gets one except the pilots. Kinda funny since we control the block in/out. Maybe the new contract will address this.
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$277 after taxes. ASA FO.
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$443.03 after taxes. ASA -200 Captain, 9th year pay.
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yea trans states gives us employee appreciation week. They'll bring pizza one day, candy bars another day, fried chicken another day.....
I kid you not |
$299.97 3rd year ASA FO....bout the only thing we've got goin for us lately is keeping a job and hopefully getting this payout once and a while...
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Must be nice...
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Originally Posted by thrustsetrj200
(Post 657122)
None at Mesaba. Our execs keeps that cash.
Once upon a time Mesaba got a profit sharing check. Was worth .01% of your anual income. So it was about $15-18 for a first or second year FO. :rolleyes: |
At piedmont we get around 50 dollars a time for the All Together On Time Bonus
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SKW FO (> 2 years): $550 for 2Q
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Originally Posted by rickair7777
(Post 657273)
SKW FO (> 2 years): $550 for 2Q
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636.34 in the bank acccount... FO mo money mo problems
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$1200 Net.. CRJ CA SKW
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Originally Posted by rickair7777
(Post 657273)
SKW FO (> 2 years): $550 for 2Q
Originally Posted by EngineOut
(Post 657274)
also a SKW FO (> 2 years): $700 gross
Originally Posted by amcnd
(Post 657304)
$1200 Net.. CRJ CA SKW
Originally Posted by John Pennekamp
(Post 657161)
$443.03 after taxes. ASA -200 Captain, 9th year pay.
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I had thought we did pretty good at ASA until I read those last posts. It was just under 500 that went into my 401k. (3rd year)
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holiday pay if we work, other then that we get JACK SQUAT
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$910 gross.......5 yr EMB CA
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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. |
I don't see to many people whining...
This is by far the biggest I've ever seen, I'm pretty stoked and so is everyone I know. |
Originally Posted by rjboy
(Post 657373)
ps - I already know that SKYW doesn't have a contract blah blah blah
Originally Posted by Flyby1206
(Post 657376)
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. Anyways, I only mention it because this was brought up with the SKW attempt to purchase XJT. SKW wanted to do away with the XJT defined contribution plan (guaranteed pay just like your pay rate) and implement their performance bonuses along with pay rate concession to bring them in line with total SKW compensation. I'm totally for this type of compensation. I think its a great idea. But not at the expense of other guaranteed compensation you would get otherwise. |
Horizon is up to $300 per quarter for operational stuff. Then profit sharing once a year. Top profit sharing check for me so far was $960 as second year fo.
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2Q09 = $986
As for the "contract"..............Blah Blah Blah. It's an agreement or a policy or whatever you want to call it. They can change it at anytime without even taking to us. As a matter of fact they did. Our Performance Rewards standards were raised to make them harder to obtain. The 1Q09 was our first Q under the new standards and it showed, my check is cut by nearly 40% but we are now achieving the new standards and our check are back on par………….that is until they raise the bar again. As for thinking about them………..no, I don’t. I just do my job as safely as I can and what happens, happens. |
To the SKW guys:
I know I am grateful for being under the SKW Inc. umbrella and I'm certainly grateful for $277 net on this bonus. So I don't want this to come across as complaining. But the reason some ASA guys are a little upset about our bonuses compared to yours is because our earnings go into the same pot. After the 1Q earnings call your CFO mentioned that the ASA furloughs hadn't yet made their expected impact to the bottom line. That is why there was no financial payout last quarter. Now the profit margin is sufficient for a payout and you all get twice as much when our furloughs likely aided the profit margin enough to deserve a payout. We would just like to see it all a little more even considering we both rely on eachother to earn these bonuses. No gripe with the pilots, just in general. Bonuses on both sides are well deserved. |
Originally Posted by atlmsl
(Post 657505)
To the SKW guys:
I know I am grateful for being under the SKW Inc. umbrella and I'm certainly grateful for $277 net on this bonus. So I don't want this to come across as complaining. But the reason some ASA guys are a little upset about our bonuses compared to yours is because our earnings go into the same pot. After the 1Q earnings call your CFO mentioned that the ASA furloughs hadn't yet made their expected impact to the bottom line. That is why there was no financial payout last quarter. Now the profit margin is sufficient for a payout and you all get twice as much when our furloughs likely aided the profit margin enough to deserve a payout. We would just like to see it all a little more even considering we both rely on eachother to earn these bonuses. No gripe with the pilots, just in general. Bonuses on both sides are well deserved. |
At Skywest we are given the Skywest Inc. net margin and just the Skywest Airlines net margin. The payout is just the Skywest Airlines net margin. We are not paid by the ASA net margin.
From what I have read on here and the few pilots I have spoken to the goals are not a daily concern. However, most customer service, ground handlers, and line mechanics are concerned with these goals on a daily basis. We have goals to meet and strive to achieve them. Safety first in all situations. $1550 gross 10y mechanic |
Originally Posted by John Pennekamp
(Post 657308)
And once again, the redheaded, redneck stepchildren at ASA got the shaft...
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$350 for the operational portion and $430 for the financial portion. $780 gross total.
SKW 3rd year FO |
I'm sick of this "your lucky" stuff. Ya were going to complain. We at ASA make a lot of money for SKW, they're lucky to have the cash we make in their pocket. It's pretty sad that when pilots consider themselves lucky for having a job and not getting beat with a stick everyday.
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