Pilot Shortage (2015 Embry Riddle summit)
#151
Gets Weekends Off
Joined: Dec 2012
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To an extent its because that where the vote block is. If no one stayed there longer than 10 years than year 12 pay would be year ten. Your assuming year 5 would be the current year 5 not moving year 12 to year 5. The senior steps are created as a way for the largest vote block to give themselves raises the company wouldn't give to the whole group or at least a larger raise. Most trade labor is equal work equal pay. Its not mathematically imposable to crush a 12 year scale into a 2 year scale.
#152
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Joined: Feb 2013
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From: Captain
Most pay scales top out at 12 years, not 20. And they don't reset when you upgrade. That's why most captains at the legacies make the same per seat. If you hired 60-year-olds exclusively, no one would ever reach year 5 pay, and you would have incredibly low cost pilot labor (not factoring in the incredible training churn.)
But a 53-year-old pilot will cost the same as a 25-year-old over a 12 year period (more if you factor in insurance.) Beyond that, the guy hired at 25 will be on max pay, but so is every other captain at every other airline. Hence, no advantage.
The true advantage goes to airlines with quick upgrades (usually LCC's and start-up regionals.)
But a 53-year-old pilot will cost the same as a 25-year-old over a 12 year period (more if you factor in insurance.) Beyond that, the guy hired at 25 will be on max pay, but so is every other captain at every other airline. Hence, no advantage.
The true advantage goes to airlines with quick upgrades (usually LCC's and start-up regionals.)
#153
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Yea but its a fluid contract. He would only make max pay in 12 years if the contract didn't change for 12 years. It would be poor planning to apply today's contract to your future self. Ask the guys who had pensions. If the company hired guys who could only ride out 8 years a their ceiling they would move that money farther down not saving the company a dime.
Remember it is possible for 70% of the labor group to be at year 12 and over thus protecting it, but 10 years from now 70% could be under 12 years with some growth. The pay always moves to where the votes are.
Remember it is possible for 70% of the labor group to be at year 12 and over thus protecting it, but 10 years from now 70% could be under 12 years with some growth. The pay always moves to where the votes are.
#154
If you hire a guy that's 45 as 1st year FO and it takes him 8 years to upgrade...then another 12 years to max out in pay, he's got to retire and they can replace him with another pilot starting out year 1 pay. If you hire a 25 yo and it takes him the same time (8+12=20) to max out, he's only 45 and got another 20 years at max seniority pay before they can put a cheaper pilot in his place sooner to do the very same job. How is the first guy less productive because he's got to retire sooner? This is what the regionals have done for years, shut down and furlough so they can hire new pilots at low seniority rates. It's not what I want to see happen but when people say only the young guys will get hired it just doesn't make sense economically to an airline trying to squeeze pennies.
#155
Well, it's now been 7 days since they adjourned this meeting of the brain trust, charged with the responsibility of solving the "pilot supply" conundrum,......... and we haven't heard a peep from anyone regarding the stupendously insightful and nearly prophetic findings and solutions of this grand gathering of aviation industry titans and saviors.
Should I assume that the findings and recommendations of this blue ribboned, select panel of self-appointed aviation geniuses are sooo intricate and complex as to be "over my head" and that any attempt to educate the unwashed, (un-M.B.A.'ed) masses would simply be a waste of valuable time and resources? Or could we assume that there was no earth-shattering and/or groundbreaking revolations, other than the simplistic, wrong, and inappropriate, (but widely-held) belief that the only option to quell the "pilot supply" crisis is to immediately and substantially increase pay?
Oh, and by the way,...... the Embry Riddle media contact listed in the link from the original post has not responded to my email asking for information regarding the results/findings from the meeting. No "sorry, that's proprietary". No, "we plan to announce the findings by x date". No "go f____ yourself". Nothing.
Should I assume that the findings and recommendations of this blue ribboned, select panel of self-appointed aviation geniuses are sooo intricate and complex as to be "over my head" and that any attempt to educate the unwashed, (un-M.B.A.'ed) masses would simply be a waste of valuable time and resources? Or could we assume that there was no earth-shattering and/or groundbreaking revolations, other than the simplistic, wrong, and inappropriate, (but widely-held) belief that the only option to quell the "pilot supply" crisis is to immediately and substantially increase pay?
Oh, and by the way,...... the Embry Riddle media contact listed in the link from the original post has not responded to my email asking for information regarding the results/findings from the meeting. No "sorry, that's proprietary". No, "we plan to announce the findings by x date". No "go f____ yourself". Nothing.
#156
I don't think there was any requirement to report what they decided to the public, just a need to make sure the public knows they had a summit and how worried they are that pilots will not work for peanuts any more, so the government gets the message and allows 250-hour wonders back into the right seat. Makes sense in a way because they knew the solution going in was to pay a lot more, they're not that stupid. The summit was on how to get the pilots without paying for them.
#158
Gets Weekends Off
Joined: Sep 2009
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From: Left seat of a Jet
But don't the minors play real baseball in real towns in front of real fans?
Bottom line is its all supply and demand. If the companies were allowed to outsource the labor reliably to foreigners safely they would in a heartbeat. As professionals we have to hold out for appropriate compensation.
Bottom line is its all supply and demand. If the companies were allowed to outsource the labor reliably to foreigners safely they would in a heartbeat. As professionals we have to hold out for appropriate compensation.
#159
Gets Weekends Off
Joined: Sep 2009
Posts: 514
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From: Left seat of a Jet
I don't think there was any requirement to report what they decided to the public, just a need to make sure the public knows they had a summit and how worried they are that pilots will not work for peanuts any more, so the government gets the message and allows 250-hour wonders back into the right seat. Makes sense in a way because they knew the solution going in was to pay a lot more, they're not that stupid. The summit was on how to get the pilots without paying for them.
#160
Bracing for Fallacies
Joined: Jul 2007
Posts: 3,543
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From: In favor of good things, not in favor of bad things
Well, it's now been 7 days since they adjourned this meeting of the brain trust, charged with the responsibility of solving the "pilot supply" conundrum,......... and we haven't heard a peep from anyone regarding the stupendously insightful and nearly prophetic findings and solutions of this grand gathering of aviation industry titans and saviors.
Should I assume that the findings and recommendations of this blue ribboned, select panel of self-appointed aviation geniuses are sooo intricate and complex as to be "over my head" and that any attempt to educate the unwashed, (un-M.B.A.'ed) masses would simply be a waste of valuable time and resources? Or could we assume that there was no earth-shattering and/or groundbreaking revolations, other than the simplistic, wrong, and inappropriate, (but widely-held) belief that the only option to quell the "pilot supply" crisis is to immediately and substantially increase pay?
Oh, and by the way,...... the Embry Riddle media contact listed in the link from the original post has not responded to my email asking for information regarding the results/findings from the meeting. No "sorry, that's proprietary". No, "we plan to announce the findings by x date". No "go f____ yourself". Nothing.
Should I assume that the findings and recommendations of this blue ribboned, select panel of self-appointed aviation geniuses are sooo intricate and complex as to be "over my head" and that any attempt to educate the unwashed, (un-M.B.A.'ed) masses would simply be a waste of valuable time and resources? Or could we assume that there was no earth-shattering and/or groundbreaking revolations, other than the simplistic, wrong, and inappropriate, (but widely-held) belief that the only option to quell the "pilot supply" crisis is to immediately and substantially increase pay?
Oh, and by the way,...... the Embry Riddle media contact listed in the link from the original post has not responded to my email asking for information regarding the results/findings from the meeting. No "sorry, that's proprietary". No, "we plan to announce the findings by x date". No "go f____ yourself". Nothing.
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