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Our bonus has always been sold to us as a payment to recoup the "lost" raises while negotiating. We went 2.5 years for this recent TA. The reason a lot of us are carping over our bonus is that our pay raise is essentially a 3% YOY raise from our amendable date, but our bonus falls a bit short of compensating us fully for that 2.5 years.
If I'm correct that UPS negotiated about four years past the amenable date for that contract, 60K would be $15K/yr, similar to ours for wide body captains. Though I don't know how their bonuses were divided up between capt/fo's. For our $16K/yr for 2.5 years, that ends up being a little more than a 5% annual raise for my salary level over those years. Not so great for the guys who make 400K+, but not anything that I'll complain about. I have other complaints.Originally Posted by Raptor
How long had your contract been amendable before your 2006 bonus payments? Need to know that to properly consider the size of your 2006 bonus. Our bonus has always been sold to us as a payment to recoup the "lost" raises while negotiating. We went 2.5 years for this recent TA. The reason a lot of us are carping over our bonus is that our pay raise is essentially a 3% YOY raise from our amendable date, but our bonus falls a bit short of compensating us fully for that 2.5 years.