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Old 08-21-2015, 05:53 AM
  #1301  
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Originally Posted by Machwon View Post
For those drooling over the bonus money keep in mind they are generally taxed at a much higher rate. Figure you will lose 40-45% of it to the IRS and Union.
Bonuses are income and while more is withheld, you're still only taxed at your bracket. You'll get it back in April
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Old 08-21-2015, 06:00 AM
  #1302  
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Originally Posted by Machwon View Post
For those drooling over the bonus money keep in mind they are generally taxed at a much higher rate. Figure you will lose 40-45% of it to the IRS and Union.
Educate yourself before spouting out innacurate information. http://blog.turbotax.intuit.com/2011/12/09/bonus-time-how-bonuses-are-taxed-and-treated-by-the-irs/
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Old 08-21-2015, 06:34 AM
  #1303  
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Stock down another 7% this morning on reaction to the LBFO...will it dip below $3 today?!?!?!
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Old 08-21-2015, 06:45 AM
  #1304  
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Originally Posted by Machwon View Post
For those drooling over the bonus money keep in mind they are generally taxed at a much higher rate. Figure you will lose 40-45% of it to the IRS and Union.
Do you seriously not know that more is just withheld but not taxed or are you trolling?

Last edited by KC135; 08-21-2015 at 07:15 AM.
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Old 08-21-2015, 07:01 AM
  #1305  
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Originally Posted by MrERJ View Post
It is industry shattering imo.
This guy is a company stooge. The contract is filled with loopholes and terrible language.
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Old 08-21-2015, 07:11 AM
  #1306  
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Default RAH Executives Dumping Their Stock.

Out of curiosity, I went to a financial website and checked to see if top RAH executives have been buying or selling RAH stock.

The answer??? They're dumping it!

RJET's insider trading transactions, planned sales - MSN Money

It appears that, in their required SEC filings, all of the top RAH brass have been SELLING their RAH stock. In fact, it appears that over the past year, NOT ONE RAH EXECUTIVE HAS PURCHASED RAH STOCK.

Rather, it appears that they are taking their stock options and stocks on hand and cashing them in,..... some at the rate of multi-millions of dollars at a time.

If I were a corporate executive and I had faith in profitability and viability of my company, I'd be BUYING the stock,....... not dumping it.

New hires beware.
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Old 08-21-2015, 07:14 AM
  #1307  
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Consistent with past practice, and by way of clarification, the Company may continue to offer incentives including but not limited to signing bonus, candidate transitional training, and stipends to new hire pilot candidates, new hire trainees, and/or recruits, before or during new hire training.

The real concern with this paragraph is "candidate transitional training, and stipends to new hire pilot candidates,"

RAH is in the works to buy a flight school, this will allow them to pay for training and give these "candidates" a monthly allowance. All while circumventing the scope and compensation sections of the contract.

Last edited by cedarcreek; 08-21-2015 at 07:18 AM. Reason: Fat thumbs
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Old 08-21-2015, 07:14 AM
  #1308  
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Originally Posted by KC135 View Post
Holy crap, this might be the most beat to death mistake on the forums. Do you seriously not know this or are you trolling?
Guess you guys are smarter then I thought.
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Old 08-21-2015, 08:22 AM
  #1309  
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Originally Posted by cannedapplause View Post
One side note.

This is NOT a TA.

This is an offer by management. Even the previously TA'd articles that were included in this "offer" have been modified.

BIG FAT NO!!
So then how does this all play out. Do pilots get a vote or what?
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Old 08-21-2015, 08:30 AM
  #1310  
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I like that they recognize Super Bowl Sunday as a paid holiday in the TA!
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