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Odds of Skywest or Compass bumping Yr1 Pay?
What would it take for that to happen, or can they not because of current contracts with labor? Not sure how all that works. I guess what I am asking is if there is a chance either one will (or even can, legally) bump the pay to match or exceed Endeavor's new pay package? Thanks in advance
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Originally Posted by G450driver
(Post 2036756)
What would it take for that to happen, or can they not because of current contracts with labor? Not sure how all that works. I guess what I am asking is if there is a chance either one will (or even can, legally) bump the pay to match or exceed Endeavor's new pay package? Thanks in advance
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Skyw just finished bumping it and company can raise it a six more bucks any time they please. But no, Endeavor rates won't happen imo.
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There is only so much non-wholly owned carriers can raise pay. Note that pay raises at these carriers have gone up to approximately what the majority of other FOs get paid, but no across the board significant increases have been seen with the exception of Endeavor. Air Service Agreements (ASAs) with mainline carriers provide relatively small margins, thus little room to move pay up the way Endeavor did. So far, we're not seeing mainline carriers adjust ASAs to accommodate non-wholly owned's needs to raise pay in a fashion that would allow these carriers to pay more while staying financially responsible.
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SkyWest has the the authorization from the pilot group to raise 1st year pay to $36. They just raised to $30 a few months ago. I don't see them raising it again anytime soon, because they are not having any problems filling classes at the moment. Still plenty of new guys showing up to class it seems.
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Endeavor pays all of their payscales an extra $22,000+/year. Unless you really wanted to live in a Compass/Skywest only base for less pay, you are talking tens of thousands of dollars less at those companies versus Endeavor. Basically, Compass/Skywest raised first year pay only, while Endeavor raised all of their payscales a significant amount more than Compass/Skywest raised their first year by. This equals compounding earnings, year 2 and beyond.
Add in that Endeavor is adding airplanes, has hundreds of pilots with guaranteed slots at Delta and that the Compass flow is over, I would pick Endeavor over Compass if I were making a leap to the regionals right now. I would be suspicious of pilots stating otherwise, since their motives may be to get you in a seat behind them, so they can secure the staffing needed behind them so they can upgrade. It's an unfortunate truth that is occurring now with the regionals struggling to staff their airlines and something prospective new hires will need to shift through the noise to see the reality of what they are getting into. |
Originally Posted by 404yxl
(Post 2036775)
Endeavor pays all of their payscales an extra $22,000+/year. Unless you really wanted to live in a Compass/Skywest only base for less pay, you are talking tens of thousands of dollars less at those companies versus Endeavor. Basically, Compass/Skywest raised first year pay only, while Endeavor raised all of their payscales a significant amount more than Compass/Skywest raised their first year by. This equals compounding earnings, year 2 and beyond.
Add in that Endeavor is adding airplanes, has hundreds of pilots with guaranteed slots at Delta and that the Compass flow is over, I would pick Endeavor over Compass if I were making a leap to the regionals right now. I would be suspicious of pilots stating otherwise, since their motives may be to get you in a seat behind them, so they can secure the staffing needed behind them so they can upgrade. It's an unfortunate truth that is occurring now with the regionals struggling to staff their airlines and something prospective new hires will need to shift through the noise to see the reality of what they are getting into. |
Originally Posted by 404yxl
(Post 2036775)
Add in that Endeavor is adding airplanes, has hundreds of pilots with guaranteed interviews at Delta and that the Compass flow is over, I would pick Endeavor over Compass if I were making a leap to the regionals right now. |
Compass has less than 800 pilots so it seems like it wouldn't be that difficult to attract 400 pilots behind a new hire to get an upgrade, and for anyone living near LAX or SEA, not having to commute across the country for the extra pay at 9E seems reasonable that not commuting would be worth the lower pay.
Sent from my iPhone using Tapatalk |
If Compass gets more airplanes, expect to see the first year pay raise again. If not, only if they have trouble staying ahead of attrition.
Our contract says: "The Company may further raise first-year FO pay with 30 days’ notice to ALPA. If first year pay gets to within 2% less than second-year pay, the remaining FO pay steps will be increased so as to maintain current percentages between the pay steps." 30 days isn't much time. They'll do whatever they need to fill classes when they want - so the market decides whether or not the pay goes up. |
Originally Posted by zondaracer
(Post 2036804)
Fixed it for you...
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Originally Posted by Gjn290
(Post 2036779)
Or someone recommends a place because they think it's a good place to be. Not everyone has an ulterior motive.
Originally Posted by zondaracer
(Post 2036804)
Fixed it for you...
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Originally Posted by 404yxl
(Post 2036775)
Endeavor pays all of their payscales an extra $22,000+/year. Unless you really wanted to live in a Compass/Skywest only base for less pay, you are talking tens of thousands of dollars less at those companies versus Endeavor. Basically, Compass/Skywest raised first year pay only, while Endeavor raised all of their payscales a significant amount more than Compass/Skywest raised their first year by. This equals compounding earnings, year 2 and beyond.
Add in that Endeavor is adding airplanes, has hundreds of pilots with guaranteed slots at Delta and that the Compass flow is over, I would pick Endeavor over Compass if I were making a leap to the regionals right now. I would be suspicious of pilots stating otherwise, since their motives may be to get you in a seat behind them, so they can secure the staffing needed behind them so they can upgrade. It's an unfortunate truth that is occurring now with the regionals struggling to staff their airlines and something prospective new hires will need to shift through the noise to see the reality of what they are getting into. |
Originally Posted by 404yxl
(Post 2036824)
It is very suspicious to take a recommendation to a place over a another that pays close to $50,000 more over the first 3 years.
Endeavor has hundreds that have already passed the interview. Those pilots basically have flow rights. |
Originally Posted by CBreezy
(Post 2036831)
You didn't raise your pay scales. You added a bonus with an expiration date. What happens when that expiration date comes? You lose the bonus or have to renegotiate to get money you were already making back.
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Originally Posted by G450driver
(Post 2036756)
What would it take for that to happen, or can they not because of current contracts with labor? Not sure how all that works. I guess what I am asking is if there is a chance either one will (or even can, legally) bump the pay to match or exceed Endeavor's new pay package? Thanks in advance
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Originally Posted by 404yxl
(Post 2036824)
It is very suspicious to take a recommendation to a place over a another that pays close to $50,000 more over the first 3 years.
My compliments, sir. I have lurked and been reading around here quite a bit and your posts are consistently honest, genuine, and without agenda or rancor. I very much appreciate them and you. What you say is entirely logical and the math cannot be refuted. The extra $60K between now and the end of 2018 is very significant indeed. Especially were the economy/markets to take a hit between now and then, making up for (or at least mitigating) any losses in a 401K. It's is essentially getting paid for 4 years while only working 3. Also, regardless of what happens after the expiration of the bonus at the end of 2018, one is still $50-$60k to the better no matter what happens after that. For the new-hire for whom all else is essentially equal, this is a no-brainer. |
Back to the topic.. The odds of SKW increasing it are good. They have 36 new E175's being delivered in 2016. That will add a need for a lot of training... So i would say yes. Really good chance!
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Originally Posted by 404yxl
(Post 2036775)
I would be suspicious of pilots stating otherwise, since their motives may be to get you in a seat behind them, so they can secure the staffing needed behind them so they can upgrade. It's an unfortunate truth that is occurring now with the regionals struggling to staff their airlines and something prospective new hires will need to shift through the noise to see the reality of what they are getting into.
That could certainly happen at some point in the future, but probably only after the majors start hiring 1500 hour pilots wholesale. But I suspect the majors, knowing that doing so would kill the regionals, would just do a transition program to wind down the regionals and transfer most regional pilots to mainline. A $22K bonus could mean a lot to somebody who's in debt and doesn't want to torpedo his major airline prospects by filing BK. Or a guy with three kids and a stay-at-home wife. But for many folks $22K is not worth living in or commuting to a crappy base, or working for a POS company. Especially since it's a discretionary BONUS, and is not guaranteed to be in the pay scale forever. $22K will not pay for your divorce either. It's no longer 1988...$22K is just beer money. Some people need beer money, some don't. But there's no need to argue over it, those who actually need the money know who they are. |
Originally Posted by 404yxl
(Post 2036824)
It is very suspicious to take a recommendation to a place over a another that pays close to $50,000 more over the first 3 years.
Endeavor has hundreds that have already passed the interview. Those pilots basically have flow rights. |
Originally Posted by rickair7777
(Post 2036918)
It's no longer 1988...$22K is just beer money. Some people need beer money, some don't.
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Originally Posted by AlaskaBound
(Post 2036856)
If first year pay, second year pay, third year pay... Hell, if pay in general is an important thing to you then Endeavor would be your place to hang out. Also, if things like a good contract, growing fleet and being wholly owned are important to you as well, 9E is again the best choice out there. Otherwise, chose carefully and don't base your decision off what some people like me say on this ridiculous website as I am a super jaded person.
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Originally Posted by SMACFUM
(Post 2036769)
SkyWest has the the authorization from the pilot group to raise 1st year pay
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