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Old 12-20-2023 | 01:03 PM
  #61  
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Originally Posted by PNWFlyer
thought you were getting “full retro!”
Its close with the garbage rates SWApull negotiated. But well short of what I thought.
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Old 12-20-2023 | 01:09 PM
  #62  
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"First-year FOs will be paid second-year rates for all Open Time"

Does this mean if open time is 150% normally, first year FOs will be paid 150% of second year pay or just flat second year pay?
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Old 12-20-2023 | 01:11 PM
  #63  
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Originally Posted by mulcher
Its close with the garbage rates SWApull negotiated. But well short of what I thought.
I'm really struggling with the notion that these are "garbage rates". At the end of the CBA run it's a 50% increase over today (at Captain step 12) - and on an airplane we don't even have in the fleet (large narrowbody)

Obviously we would've all loved 747 rates... but does this really qualify as "garbage" rates?

Other than their crew meal solution, there's really not been anything I've seen yet that I'm not ok with.

Im watching the YouTube videos right now
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Old 12-20-2023 | 01:18 PM
  #64  
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Originally Posted by ZapBrannigan
I'm really struggling with the notion that these are "garbage rates". At the end of the CBA run it's a 50% increase over today (at Captain step 12) - and on an airplane we don't even have in the fleet (large narrowbody)

Obviously we would've all loved 747 rates... but does this really qualify as "garbage" rates?

Other than their crew meal solution, there's really not been anything I've seen yet that I'm not ok with.

Im watching the YouTube videos right now
Half the group gets those rates right away. I understand the % change. CAs shouldnt need to wait until 2027 to get them.
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Old 12-20-2023 | 01:19 PM
  #65  
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75-25 pass??
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Old 12-20-2023 | 01:20 PM
  #66  
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Default Retro

What is the definition of 100% retro?

If a 12 year captain ($245 now) gets a raise to $317 (TA rate)...an increase of $72 per trip and credited say 3000 TFP since September of 2020. Would 100% retro be?

3000 TFP times $72 TFP?

Or is that not how it works?
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Old 12-20-2023 | 01:20 PM
  #67  
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I'm a no vote purely on retro. I'm not going to reward the company's bad behavior of dragging a contract out for 4 yrs and making me pay a portion of my own raise. They had 4 yrs to negotiate (2016-2020) in good faith. They drag it out for 4 yrs to make it as painful and costly to me as possible. Enjoy the raise, it will be what you earn for the next 9 yrs.

I want full compounded retro, with NEC match. Period.
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Old 12-20-2023 | 01:24 PM
  #68  
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Originally Posted by mulcher
Half the group gets those rates right away. I understand the % change. CAs shouldnt need to wait until 2027 to get them.
I have zero problem with correcting the FO year 2-5 deficiency. It was a long time coming. If that means those guys get a windfall for a couple of years, good for them!
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Old 12-20-2023 | 01:28 PM
  #69  
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Originally Posted by Ace McCoy
What is the definition of 100% retro?

If a 12 year captain ($245 now) gets a raise to $317 (TA rate)...an increase of $72 per trip and credited say 3000 TFP since September of 2020. Would 100% retro be?

3000 TFP times $72 TFP?

Or is that not how it works?

let's assume a yearly wage of 200k and a 20% raise, with 4% per / yr after.

2021 - 200kx20% = 40k (2021 value = + 40k)
2022 - 240k x 4% = 9.6k (2022 value = + 49.6k)
2023 - 249.6 x 4% = 10k (2023 value = + 59.6k)

So for 3 yrs without a raise of 20% and 4% per, you have lost 149k

15% NEC in 149k = 22.5k

Total loss over 3 yrs = 171.5k

Pays to slow walk a contract, drag it out and make you pay for your own raise. I didn't add 2020, but if you did that would put the number even higher.

When you look at your retro check, just think about what it cost you.
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Old 12-20-2023 | 01:36 PM
  #70  
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Originally Posted by ZapBrannigan
I have zero problem with correcting the FO year 2-5 deficiency. It was a long time coming. If that means those guys get a windfall for a couple of years, good for them!
For the upteenth time NEITHER DID I HAVE A PROBLEM WITH IT!!! But the CAs rates are LOW!
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