What Regional?
#31
Gets Weekends Off
Joined: Jun 2010
Posts: 106
Likes: 0
We are extremely pleased to announce that, based on pilot feedback and consistent with the strategic goals of the MEC, we have reached a tentative agreement with the company to modify the structure of our retention payments. The highlights include:
· Shortened retention periods (three 4-month retention periods each year instead of annual or semi-annual periods) with the first payment occurring after the retention period ending April 30, 2015.
· Increased total annual retention payments of $20,000 for each pilot (up from $15,000), divided into three even installments.
· Increased program duration of 4 years (up from 2 years).
All other aspects of the retention provisions will remain the same, i.e. pro-ration and the ability to direct the funds into your 401(k) account. The new Letter of Agreement also clarifies that the payouts will be made no later than the 23rd of the month following the end of each of the 4-month retention periods.
The proposed increases extend the retention program to a point at which all current pilots are projected to have upgraded and interviewed with Delta. Providing more money, sooner, and for a longer period of time, these improvements will make staying at Endeavor a more attractive and viable option for our current pilots. Additionally, these retention payments offer potential new hires a level of total annual compensation no other regional carrier can in this competitive job market. Most importantly, the fact that the payments include all of our pilots and future pilots on the same terms is another significant step in the right direction to build a bright future for our company.
We would like to thank CEO Ryan Gumm and his leadership team for advocating these pilot retention initiatives. Their continuing commitment to our collaborative working relationship benefits us all and establishes Endeavor Air as an industry leader.
We anticipate that the MEC will vote on this Letter of Agreement when they convene in Minneapolis next week. We encourage you to provide your representatives with feedback in advance of the meeting.
· Shortened retention periods (three 4-month retention periods each year instead of annual or semi-annual periods) with the first payment occurring after the retention period ending April 30, 2015.
· Increased total annual retention payments of $20,000 for each pilot (up from $15,000), divided into three even installments.
· Increased program duration of 4 years (up from 2 years).
All other aspects of the retention provisions will remain the same, i.e. pro-ration and the ability to direct the funds into your 401(k) account. The new Letter of Agreement also clarifies that the payouts will be made no later than the 23rd of the month following the end of each of the 4-month retention periods.
The proposed increases extend the retention program to a point at which all current pilots are projected to have upgraded and interviewed with Delta. Providing more money, sooner, and for a longer period of time, these improvements will make staying at Endeavor a more attractive and viable option for our current pilots. Additionally, these retention payments offer potential new hires a level of total annual compensation no other regional carrier can in this competitive job market. Most importantly, the fact that the payments include all of our pilots and future pilots on the same terms is another significant step in the right direction to build a bright future for our company.
We would like to thank CEO Ryan Gumm and his leadership team for advocating these pilot retention initiatives. Their continuing commitment to our collaborative working relationship benefits us all and establishes Endeavor Air as an industry leader.
We anticipate that the MEC will vote on this Letter of Agreement when they convene in Minneapolis next week. We encourage you to provide your representatives with feedback in advance of the meeting.
#32
Gets Weekends Off
Joined: Sep 2014
Posts: 504
Likes: 0
#34
Line Holder
Joined: Sep 2006
Posts: 928
Likes: 2
So I know this a load question but I was hoping to get some insight on what Regional airline to lean towards. I currently have interviews for Compass, Trans State, Skywest , and Envoy. Hoping to stay in the Midwest.
Compass: Great company but junior base is LA so I would have to commute.
Trans State- don't know much about
Skywest: great company long upgrade times
Envoy- maybe on the up turn with new contract?
I was hoping to see what you guys thought would be the best bet if I wanted to stay in the Midwest.
Thanks
Compass: Great company but junior base is LA so I would have to commute.
Trans State- don't know much about
Skywest: great company long upgrade times
Envoy- maybe on the up turn with new contract?
I was hoping to see what you guys thought would be the best bet if I wanted to stay in the Midwest.
Thanks
#35
On Reserve
Joined: Dec 2014
Posts: 14
Likes: 0
I'm kind of at the same point in my career. I'm debating if I should go to Compass or Skywest. I want to be west coast based so both are attractive, but I still wouldn't be able to live in base for both of them. I think I might have a little better QOL with Skywest but Compass has a quick upgrade which makes it very attractive as well
Any thoughts between those two companies?
Any thoughts between those two companies?
#36
Banned
Joined: Apr 2010
Posts: 802
Likes: 0
I'm kind of at the same point in my career. I'm debating if I should go to Compass or Skywest. I want to be west coast based so both are attractive, but I still wouldn't be able to live in base for both of them. I think I might have a little better QOL with Skywest but Compass has a quick upgrade which makes it very attractive as well
Any thoughts between those two companies?
Any thoughts between those two companies?
Been at SkyWest many years, go to compass.
This place has changed a lot for the worse, and it keeps going that direction.
#37
Gets Weekends Off
Joined: Sep 2014
Posts: 504
Likes: 0
I'm kind of at the same point in my career. I'm debating if I should go to Compass or Skywest. I want to be west coast based so both are attractive, but I still wouldn't be able to live in base for both of them. I think I might have a little better QOL with Skywest but Compass has a quick upgrade which makes it very attractive as well
Any thoughts between those two companies?
Any thoughts between those two companies?
#38
Gets Weekends Off
Joined: May 2009
Posts: 1,272
Likes: 0
From: Another RJ FO
As another ORD FO I'm curious as to why you'd say avoid SKW? I'm moving up 5-10% per month in domicile right now. New hires are hardly seeing any time on reserve. Things are moving along pretty well despite the upgrade time. It's not exactly a bad place to be by any means especially for someone looking for an ORD base.
#39
Gets Weekends Off
Joined: Mar 2011
Posts: 3,504
Likes: 301
From: 737 FO
As another ORD FO I'm curious as to why you'd say avoid SKW? I'm moving up 5-10% per month in domicile right now. New hires are hardly seeing any time on reserve. Things are moving along pretty well despite the upgrade time. It's not exactly a bad place to be by any means especially for someone looking for an ORD base.
#40
As another ORD FO I'm curious as to why you'd say avoid SKW? I'm moving up 5-10% per month in domicile right now. New hires are hardly seeing any time on reserve. Things are moving along pretty well despite the upgrade time. It's not exactly a bad place to be by any means especially for someone looking for an ORD base.
Thread
Thread Starter
Forum
Replies
Last Post



