Concession discussions in our future?
#361
On Reserve
Joined: Dec 2019
Posts: 34
Likes: 1
90 x $60 TFP = $5400/ mo.
Give away to an FA that makes $40 tfp = $1800 savings just in wages. Now, that FA may not even have health insurance through SWA. If they do, they have to pay their share. In either case it doesn’t cost SWA $1800/ mo in health.
So we have a cost savings of $21k per year. Deduct what, 5 weeks of vacation? At 30 tfp x 60 x 5 weeks is $9k. Throw in one training event in a year.
If it costs them even $500 mo for SWA to carry health insurance, that’s $6k a year plus $9k in vacation. You’re at $15k in expenses.
$21k in wage savings minus $15k in cost carry still comes out to be a cost efficient for the company.
dude, just think about it. Saying, all FAs must work minimums per month will drive costs up for the company, let alone reduce pay at the bottom. The junior FAs depend on senior mamas giving away to make money. It’s a lose-lose. Like I said before, pilots get mad when others are jealous of us, but love to point out how everyone else is a slacker and needs to go. Again, don’t get mad at other employee groups. They aren’t our enemy.
#363
Gets Weekends Off
Joined: Jun 2017
Posts: 659
Likes: 0
🤦🏻♂️
90 x $60 TFP = $5400/ mo.
Give away to an FA that makes $40 tfp = $1800 savings just in wages. Now, that FA may not even have health insurance through SWA. If they do, they have to pay their share. In either case it doesn’t cost SWA $1800/ mo in health.
So we have a cost savings of $21k per year. Deduct what, 5 weeks of vacation? At 30 tfp x 60 x 5 weeks is $9k. Throw in one training event in a year.
If it costs them even $500 mo for SWA to carry health insurance, that’s $6k a year plus $9k in vacation. You’re at $15k in expenses.
$21k in wage savings minus $15k in cost carry still comes out to be a cost efficient for the company.
dude, just think about it. Saying, all FAs must work minimums per month will drive costs up for the company, let alone reduce pay at the bottom. The junior FAs depend on senior mamas giving away to make money. It’s a lose-lose. Like I said before, pilots get mad when others are jealous of us, but love to point out how everyone else is a slacker and needs to go. Again, don’t get mad at other employee groups. They aren’t our enemy.
90 x $60 TFP = $5400/ mo.
Give away to an FA that makes $40 tfp = $1800 savings just in wages. Now, that FA may not even have health insurance through SWA. If they do, they have to pay their share. In either case it doesn’t cost SWA $1800/ mo in health.
So we have a cost savings of $21k per year. Deduct what, 5 weeks of vacation? At 30 tfp x 60 x 5 weeks is $9k. Throw in one training event in a year.
If it costs them even $500 mo for SWA to carry health insurance, that’s $6k a year plus $9k in vacation. You’re at $15k in expenses.
$21k in wage savings minus $15k in cost carry still comes out to be a cost efficient for the company.
dude, just think about it. Saying, all FAs must work minimums per month will drive costs up for the company, let alone reduce pay at the bottom. The junior FAs depend on senior mamas giving away to make money. It’s a lose-lose. Like I said before, pilots get mad when others are jealous of us, but love to point out how everyone else is a slacker and needs to go. Again, don’t get mad at other employee groups. They aren’t our enemy.
#365
Gets Weekends Off
Joined: Oct 2006
Posts: 3,657
Likes: 302
Pilots won’t be the only furloughs. FA’s will get hit too. And if you’re not working now, and haven’t been for the last decade then GTFO and make room for someone who actually wants to do the job they were hired for.
I’ve no idea what insurance costs if you don’t work. Based on the year end “how much you made” flyer the Regular Plan for a family was well over $30k that the company claims as a benefit. How much it actually costs them I’ve no idea. But it isn’t free or cheap.
#369
Gets Weekends Off
Joined: Apr 2013
Posts: 4,554
Likes: 397
Yeah bingo.
The Company is self insured. They pay all those health insurance claims themselves. The regular plan has zero dollar premiums. All the senior FAs have to do is give away their trips, do recurrent, and go on vacation. It's a great deal for them, but it costs the company a lot of money. Healthcare for old folks isn't cheap.
I don't begrudge the FAs for having that in their contract. It's awesome for them, but it's low hanging fruit for the company.
#370
Line Holder
Joined: Jan 2017
Posts: 250
Likes: 10
Some have Military pension, stuffed 401K, Social Security and doing 150 TFP a month may be pretty hard to do going forward. This may entice more then you think to bail early. As for FA’s, faced with having to go back to work if all the junior folks are on the street, may entice them to take an early out.
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