Quote:
Originally Posted by Crjreg007
I was not part of the vote that got the company where it is today. What I'm saying is the people that did make that vote are the same ones asking for more now. That group took the small increase in flow and quick upgrades and now want the junior FOs to suffer for further gains for them. I have not advocated trading money for growth. What I am saying is that the same people that did trade pay for growth are now hurting junior pilots by being selfish and wanting more. This whole idea that less new hires means futures gains is probably not true. PSA doubled in size and now has a very junior pilot group doing a lot of flying for American. If we did not grow another bit this could still be considered a success for American. What is to stop them from just accepting we won't be a 150 airplane airline? What is to stop them from giving more money to only new hires? Word from the MEC call is we're losing about 6 total pilots a month. The new bonuses for now seem to be taking care of that as long as we don't grow. Our plan for making American give us more because they need is only works if American isn't willing to give our planes and flying away and last time I checked American has no problems doing either.
I read every word but I still don't see your point. To have a unionized pilot group and only give money to probie new-hires takes money from the union pilots. Not that being part of a union means much these days.
How much money are you leaving at the table? Food for thought:
Endeavor bonus- $23,000 x 1546 pilots =
$35.5mil/yr
paid by company
PSA would-be retention bonus- $15,000 x 1195 pilots =
$17.9mil/yr
PSA current bonus- assume you hire 400 experienced pilots this year.
400 x $15,000 =
$6mil (not per year, one time cost). That's potentially $12mil instantly lost, in this example..
If little-old Endeavor can afford it I'm sure the mighty AA could, if they wanted to. But they don't even have to try with people thinking the way you do. So much money left on the table, but you're OK with it because "everybody wins". I see only one clear winner here.. Movement and growth should not be worth your paycheck. Again, this is all just my opinion and I'm sure this is a beaten twice-dead zombie horse..
Also interesting how they can afford to pay bonuses to newhires right after they got everyone else to take concessions. Now you know where your lost wages are going.