Eagle to hire 600+ in 2013!
#1872
my company guy said this
10 year duration
No change round ??
Pay step freezes after e175 arrives
12/4 longevity steps
5% benefits cost increases
401k to match PSA
Flow, extended to all but only 824 take company longevity. Something about no open discipline in personnel files
Per diem chopped to $1.65, goes back to $1.75 then freezes
No new rate for E175
Sick time changes
Eliminate profit sharing
PBS as part of deal or immediate pay cut
That's all I could remember when he told me. I told this stuff to my nephew at Eagle and he says he'd rather burn it down than take any of it.
10 year duration
No change round ??
Pay step freezes after e175 arrives
12/4 longevity steps
5% benefits cost increases
401k to match PSA
Flow, extended to all but only 824 take company longevity. Something about no open discipline in personnel files
Per diem chopped to $1.65, goes back to $1.75 then freezes
No new rate for E175
Sick time changes
Eliminate profit sharing
PBS as part of deal or immediate pay cut
That's all I could remember when he told me. I told this stuff to my nephew at Eagle and he says he'd rather burn it down than take any of it.
#1874
Line Holder
Joined: Dec 2013
Posts: 377
Likes: 0
From: men without hats
That does not look like a serious proposal it almost looks like they're just throwing this out there to see if you guys will bite. When they implement the real plan they'll say "but we gave you a choice!". I'm betting they are prepping you to be sold off or merged and this is nothing more than smoke and mirrors to distract you from the real agenda.
#1875
That does not look like a serious proposal it almost looks like they're just throwing this out there to see if you guys will bite. When they implement the real plan they'll say "but we gave you a choice!". I'm betting they are prepping you to be sold off or merged and this is nothing more than smoke and mirrors to distract you from the real agenda.
If this is the real one my reps will be hearing from me so they can stop it from the top.
#1876
Gets Weekends Off
Joined: Jul 2008
Posts: 1,809
Likes: 0
From: Left
Pretty much identical to ours.
Hope you guys can vote it down.
Good luck.
Hope you guys can vote it down.
Good luck.
#1877
Does anyone know what PSA's current 401k plan is? Here is what is listed for them on APC
401k 100% matching:
yrs 1-5: 2.5%
yrs 5-7: 4.0%
yrs 7-10: 6.5%
yrs 10> 9.5%
But I am not sure if it is current with their back-stabbing concessions-for-jets new contract.
401k 100% matching:
yrs 1-5: 2.5%
yrs 5-7: 4.0%
yrs 7-10: 6.5%
yrs 10> 9.5%
But I am not sure if it is current with their back-stabbing concessions-for-jets new contract.
#1878
Gets Weekends Off
Joined: Jul 2008
Posts: 1,809
Likes: 0
From: Left
Does anyone know what PSA's current 401k plan is? Here is what is listed for them on APC
401k 100% matching:
yrs 1-5: 2.5%
yrs 5-7: 4.0%
yrs 7-10: 6.5%
yrs 10> 9.5%
But I am not sure if it is current with their back-stabbing concessions-for-jets new contract.
401k 100% matching:
yrs 1-5: 2.5%
yrs 5-7: 4.0%
yrs 7-10: 6.5%
yrs 10> 9.5%
But I am not sure if it is current with their back-stabbing concessions-for-jets new contract.
#1879
Gets Weekends Off
Joined: Aug 2008
Posts: 2,413
Likes: 0
From: forever fo
That's not true at all. It had some hefty amendment round cuts.
#1880
Gets Weekends Off
Joined: Feb 2013
Posts: 264
Likes: 0
IF this turns out to be true then write your reps. Let them how you feel. It's pretty much all we can do.
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