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Is retro compensation taxed at the same higher rate that bonus pay is taxed at, or is at at your usual income tax rate?
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Originally Posted by navigatro
(Post 2381221)
Don't be short sighted, it's semantics.
Who cares if they call it retro or signing bonus. Count the $$$. If it is enough, then it is enough. If not, it isn't. It's about setting a precedent. For all future negotiations for all Pilot Groups. It's about making 100% Retro industry standard. If it's labeled as a "signing bonus," then the concept of signing bonuses continue to be industry standard. In the future, managements can offer whatever sub-standard bonuses they want, because that's the way it's always been done. Were NK pilots happy with their previous signing bonus? I wasn't here yet, but I get the impression that you weren't. Were all you ex-regional pilots happy with your signing bonus after a prolonged 5-8 year negotiation and whipsaw process? If Retro becomes standard, then more pilot groups can demand it with less pushback from the company. Why is this so hard to understand? |
Originally Posted by Ed Force One
(Post 2381300)
It does matter. Even if it's a signing bonus that is the exact same dollar amount as 100% Retro, it still matters.
It's about setting a precedent. For all future negotiations for all Pilot Groups. It's about making 100% Retro industry standard. If it's labeled as a "signing bonus," then the concept of signing bonuses continue to be industry standard. In the future, managements can offer whatever sub-standard bonuses they want, because that's the way it's always been done. Were NK pilots happy with their previous signing bonus? I wasn't here yet, but I get the impression that you weren't. Were all you ex-regional pilots happy with your signing bonus after a prolonged 5-8 year negotiation and whipsaw process? If Retro becomes standard, then more pilot groups can demand it with less pushback from the company. Why is this so hard to understand? In all seriousness I'll buy the precedent argument. |
Originally Posted by DirtHead
(Post 2380962)
If management wanted the pilots to get a new contract, they would have presented one two years ago. As much as I want to believe Bendo and Bob have had a sudden change of heart and want to share their millions with the pilots, I'm simply not buying it. The extra sessions requested by the company are a another delay tactic, designed to placate the pilot group through the holiday transition over the 4th. Another operational meltdown over a holiday weekend would be a black eye to the company the board would no longer be able to ignore, and our fearless leaders would be searching the classified ads. I hope I'm wrong, but I fear this one's gonna be decided in a strike some years down the road.
They keep saying they want to close the negotiations up so that we can finally have the contract we deserve. Well, the ball is in their court. They know our terms. Sign the damn thing already. |
Originally Posted by XSive
(Post 2381323)
This right here!! These additional dates are only a dangling carrot! They want it to look like they are trying to knock this contract out. Watch the speed of negotiations screech to a halt when summer peak ends. They want us to believe in this good faith move so we can get them over the hump. I'm not buying it.
They keep saying they want to close the negotiations up so that we can finally have the contract we deserve. Well, the ball is in their court. They know our terms. Sign the damn thing already. |
$50 hr/ Raise for 2 years (72 guarantee) would be $86,400 per pilot. Throw in what? Anther 50k for retro retirement and profit sharing. $136,400 per pilot plus $50,000 year raise seems highly plausible
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STOP NEGOTIATING IN PUBLIC!!!!
That isn't nearly enough for most longevities. You need to delete your post. Industry standard! Ask +! Not a penny less! The negotiating committee speaks for the group |
It seems obvious that flyguy2002 started this thread with the intention of baiting our pilots.
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Originally Posted by Deathwish
(Post 2381433)
It seems obvious that flyguy2002 started this thread with the intention of baiting our pilots.
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Originally Posted by Qotsaautopilot
(Post 2381434)
Thats some fine trolling.
Edit: I don't know his real intentions so I should not have said it that way. |
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