Quote:
Originally Posted by fr8ghtdawg
I don't know where you got your facts but it takes year 9 before a UPS FO makes more then a Kalitta Captain. By year 3 of the new contract, No UPS FO pay surpasses Kalitta Captain pay.
Look at the numbers...
1. A Captain at Kalitta gets $10,000 a year in retirement and their Captains have to donate 10% to see that. A UPS FO on year two gets 12% directly contributed (unlimited) AND $4,000 a year towards a pension. In retirement that Pension would have to be $40,000 producing at 10% in a 401K (probably not gonna do 10%)... That's probably a $60,000 (actually probably more...) difference just in retirement.
2. 64 hour guarantee vs 75 hours with an extra pay period. So 768 hours guaranteed vs 975. In guaranteed money that means $192,000 in guarantee vs $166,725 for UPS. So plus $25,000 for Kalitta. I won't get in to breaking guarantee because I don't know enough about the rules but I do know that UPS pilots regularly break it. Kalitta gets no rig so I'm sure that there are slow months where they don't. The months later in the year I'm sure Kalitta breaks by a larger number though.
3. Days on? UPS is less. So let's say they work a day a period (which probably is still less days a month on than Kalitta pilots owe) on extra time on average... 13 days times 6 hours of rig times 1.5 for over time pay... $20,000... Then add an extra 12% unlimited retirement to the 401K... $2,400....
4. Soft work rules? UPS gets paid if their schedules are touched at all. If you're moved to the Observer's seat for OE that's 2 hours of pay a day. Let's say that's worth 20 (I bet that ends up being more years like this) hours a year.... $4,000 just on that one work rule. More than 4 hours late? Extension pay... etc...
5. No rig at Kalitta and unpaid 24 in 7s.....
The $250 an hour at Kalitta is just a rate. It's very difficult to see the rate due to the difference in work rules. All of this and Kalitta is still ahead of anyone else in ACMI. It just makes more sense to be in the right seat at UPS and I don't care if you're 55.... If you're younger than 50 you'll see Captain before you retire where you'll be making $150,000 (at least...) more a year than Kalitta Captain all while working less days. Therefore, I'll vote no on anything that doesn't at least compete with what's out there and Kalitta's contract simply isn't competitive with anything. In the meantime I'll fight like Hades to get to an Industry Standard Airline... In conclusion...
KNOW WHAT YOU'RE WORTH!!!