Yay FEDEX - Airline Pilot Central Forums

flensr , 01-26-2018 10:16 AM

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Continuing the steady stream of, may we say it, trickle-down consequences?

FedEx announces wage increases, bonuses amid tax reform | TheHill

What airline will be next? Everyone's watching. Employee bonuses? Pension contributions? Fleet or route expansion? All the cool kids are doing it, don't be left out!

trip , 01-26-2018 01:50 PM

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https://www.atr.org/new-skywest-airl...ings-employees

Quote:
New: SkyWest Airlines Passes Tax Savings On To Employees
Posted by John Kartch on Saturday, January 20th, 2018, 4:19 PM PERMALINK

SkyWest Airlines is sharing the benefits of federal tax reform with its employees.

According to an internal memo the company will increase 401(k) contributions, increase capital expenditures, and increase charitable donations, and will enhance the existing bonus and incentive programs. According to the memo (emphasis mine):

SkyWest’s Financial Performance Rewards and other workgroup bonus programs pay employees on a percentage of the SkyWest Airlines net margin. Historically, these programs have been modeled to neutralize any tax impact (which has been generally negative) to employees. However, under new tax reform, the company will modify those models to pass the benefit on to employees. As a result, employees are expected to enjoy a nearly 17 percent increase in 2018 financial bonuses for every eligible employee.

The full memo is below:

trip , 01-26-2018 04:19 PM

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http://aviationtribune.com/airlines/...lion-bonuses/\

Quote:
COMMENTS
Employees of Alaska Air Group companies Alaska Airlines, Virgin America and Horizon Air are receiving $118 million in incentive bonuses today.

For most employees, this equates to an average of more than 7 percent of their annual pay in 2017. In addition, 23,000 Air Group employees will receive a one-time $1,000 bonus on Jan. 29 from additional tax savings the company expects to receive this year.

Ed Force One , 01-26-2018 06:54 PM

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Http://www.Spiritmanagement.com/employeerelations

Quote:

"To all current employees and their family members: Go Fu@& Yourselves! Hi Five!"

flyguyniner11 , 01-27-2018 04:10 AM

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Quote:

Originally Posted by flensr

Nothing like giving huge tax cuts to the rich and permanent ones to huge corporations on the backs of future generations for a small one time bonus for the everyday man.

busdriver12 , 01-27-2018 05:56 AM

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I'm glad FedEx is giving raises to hourly workers, but I don't expect pilots to get a cent. Unlike the other carriers giving bonuses.

Out West , 01-27-2018 08:07 AM

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Quote:

Originally Posted by flyguyniner11

Nothing like giving huge tax cuts to the rich and permanent ones to huge corporations on the backs of future generations for a small one time bonus for the everyday man.

The Facebook comments are here.

Facepalm.

VSTOLG4 , 01-27-2018 11:51 AM

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As a FDX pilot I will certainly take the bonus but won't lose any sleep over it. I hope our ramp workers get a bonus though. They work hard already and maybe a little quid will motivate them to be just a tad bit better all around. Maybe they will stop eating our catering. Maybe they will stop and pick up a piece of trash around the ramp. Maybe, just maybe a little bit of bonus money will motivate them to be a little more proud of where they work.

Andy , 01-29-2018 11:25 AM

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Quote:

Originally Posted by flyguyniner11

Nothing like giving huge tax cuts to the rich and permanent ones to huge corporations on the backs of future generations for a small one time bonus for the everyday man.

It's truly a bummer when the opposite of the nonstop crud you've been fed by MSLSD happens. I'm sure that, just like you, they're doubling down on the incorrect 'the little guy gets screwed' theme.

#10

Bluedriver , 01-30-2018 09:59 AM

The REAL Bluedriver

Quote:

Originally Posted by Andy

It's truly a bummer when the opposite of the nonstop crud you've been fed by MSLSD happens. I'm sure that, just like you, they're doubling down on the incorrect 'the little guy gets screwed' theme.

I for one don't think he's wrong.