Signing Bonus ?
 

What are you guys figuring as a Bonus for a 15-18 year Captain?

( Approximately )

I'm hearing some interesting figures.

STK

$75K.......

Not too shabby...:)

Cue the "It isnt full RETRO" crowd in 3...2.....1...

Its actually more than $75k.

$75k is the first check, making up 95% of the total pool. The remaining 5% will be 6 months after. So an additional $3750 as well, $78,750. Seems to be the going for anyone at 12 years

I'm sure you are aware of the excel spreadsheet on the Union's website. That should give you a great idea if the answers above weren't sufficient.

Where is this spreadsheet? Q & A says is at bottom of TA Section by Section yet I'm not seeing.....

What about a 5-8 year Captain? Have no idea how its calculated.

It couldn't be more obvious on the TA website. Front and center, near the top of the page...seek and you shall find.

Im 6th and get 59k

Umm, same here but the calculator said $61K. Maybe the upgrade time matters.

if you upg before aug 2015 you get more, its one of the questions on the formula

Yes but if you upgraded after that date, it asks what day you finished OE.

Yeah it does. Its based on amount of bid periods in seat

I had to use my computer to see it. It wouldn’t work on my Mac based products.

Outsider wondering how, if ratified, the bonuses are being split? For instance, what is the difference between, say a 2 year F/O to a 6 year F/O? Purely curious.

I believe it has to do with how many credit hours you average per month since you've been here.

4 yr FO, 65 hr/month, comes to around $47000K according to their spread sheet

It has nothing to do with credit hours. It has to do with number of active bid periods during the amendable date, position, and longevity.

Do you do any research?

Con:
Signing bonus will be onsidered compensation but not for the purpose of the DC into the 401k

correct, the credit hours is to calculate how much the hourly pay rate would affect your annual salary. the bonus is based just off seat, upgrade date and hire date

Just curious what everyone thinks about Alpa taking dues out of the bonus? Should this happen or not? I'm undecided.

you may be undecided, buy alpa ain't----you have to pay dues on it

It’s income and they did negotiate it for you just like your normal paycheck. My problem is that it’s income but the company doesn’t count it when contributing your DC

If anyone has ever wondered what a sheeple was, here you go.

Lol! Care to explain what you mean by that? Asking a question means that you follow without question? Isn't that the definition of "sheeple"? Or are you one of the keyboard tough guys that just wants to come on here and demonstrate your superior intellect and anonymous toughness?

Thanks for the intelligent response Qotsa. This is why I asked the question; to get opinion in order to form my own. Too bad this forum is full of individuals that just want to ridicule others.
I agree with you that it should be levied against by Alpa as income and that would be a nice DC contribution!

Works on the company ipad / EFB, iphone and my macbook.

On an ipad or iphone, go to the app store and install Microsoft Excel app.

In Safari, Go to the spirit ALPA page and go to the calculator.
In this form it doesn't work. In the upper right there is a box with an up arrow, next to the plus. Touch the box with the up arrow.

You'll be able to AirDrop or swipe left/right along the options until you get to Copy to Excel.

In Excel, save the spreadsheet to your iPad / files Folder. After it's saved you'll be able to use the calculator on your iPad.

Same for the Macbook. except you'll need to install a paid copy of Excel on the MacBook as opposed to the Excel app on the iPad.

I think Delta contributes to the pilots DC for their profit sharing checks. Wait for a second I forgot we were talking about something else. We don’t get profit sharing, that’s right

ALPA is the reason you're getting it in the first place. So yeah, ALPA should get their cut too.

Alpa is getting a cut. How long from DOS to the first bonus payment? Just want to point out that 75 million at a modest 2% interest bearing account is $4110 per day. Does Alpa keep that or is it added to the second payment?

They said about 45 days or so, they need about two weeks to verify everyone who is getting a payment and the company has 30 days from then to pay.

I got to the part about copy to excel but when it is opened in excel, it wont let me edit. If i try to save it, it says i need a subscription. Did you already have a subscription?

If you don't have excel try doing it at nk.oktacom

na.okta.com

Tried it for several buddies who could not get it to work.
For various levels of seniority and seats, the average was about 5 months of pay.
We have been in negotiations for 30 months.
Therefore 1/6th of full retro!
16.66%
Enjoy.

It's not a retro payment. It's a ratification payment. There's a difference.

Still 16% ^^^
A steal for Bob.
Minus taxes and Alpa fees...
Why now?
Wait until June when the meltdown hurts!

It's us rewarding them for dragging out negotiations for 3 years.

Anything less than 100% retro confirms that it is profitable to drag the process out as long as they see fit. Expect it again in 5 years, the precedent has been set. (Assuming we vote it in of course.)

That’s fine but please don’t try to make excuses for what is a fraction of what we are owed in compensation for the past 3 years of negotiations. It’s a bad look. Just let the money speak for itself and hope it’s enough to mask the bad (low hourly rates, no profit sharing, partial retro AKA insufficient “ratification payment”). For god’s sake don’t try and justify it. There are plenty of other gains to easily sell this TA on. No need to try to spin the fact that we are getting 1/6th retro by telling us it’s a “ratification payment.” Please... we know what it’s intended to be and it’s insulting. I’m a yes voter BTW...

precedent was set last contract :(