Bonus AKA Bone Us!
 

The last payments was received today if you guys didn't notice. It was about a $1200 short. :eek:

Darn those taxes.

mine wasnt short 🤷🏼*♂️

Mine was literally within $25 of what I calculated it would be.

Yep I’m surprised by the number of people who didn’t think they would pay taxes on the bonus


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Cue the lunatics who say "Bonuses get taxed higher!!!!!"


LOL

Be careful making assumptions.

The 22% federal withholding for bonus payments may be more or less than your standard withholding amount.

So yes, it all works out in the end for tax season, but a larger percentage of the check may be taken out than youre used to seeing, because of the 22% withholding for the bonus check.

Which you can just change the withholding for.....

You may be withheld a higher number if you don't plan your w4 accordingly, that does NOT mean you are taxed higher. that's my point.

Can someone help with how the amount of the final payment determined and on which of the many Spirit portals can I find the pay stub/breakdown?


Thanks

[QUOTE=thor55;2691312]Can someone help with how the amount of the final payment determined and on which of the many Spirit portals can I find the pay stub/breakdown?

5% of the total bonus, first was 95% all paystubs are on ess/ultipro

[QUOTE=thor55;2691312]Can someone help with how the amount of the final payment determined and on which of the many Spirit portals can I find the pay stub/breakdown?


Thanks
Not sure if this is your first airline but you should be checking your pay stubs every two weeks. They will make mistakes and only seem to catch the ones where they over pay you.

On Ultipro/ESS

[QUOTE=IwasInverted;2691447]
^^^^This. Always check your pay. Last month they didn't bother to pay me for my online training and it took a week of emailing and calling people to get paid.

you should also be checking your paysheet on spiritlink, ive had things coded wrong more than once

Bottom line is, a bonus is never going to be worth as much as the meat and potatoes of the rest of the contract language. Keep that in mind for C2026.

Thank you so much for that nugget of wisdom. Maybe if you were still MEC chair things would be different. Yeah, right.

Sorry man but this isn’t MN. He posted here years ago under a different name. Hard to believe he would keep 2 logins for over 13 years, specifically one with his first name in it. Sorry to burst your trigger-happy bubble but there is probably more than 1 Matt(hew) that is unhappy with the outcome. That being said I’m not certain MN was against it.

How was your “ratification bonus” divided up? Was it weighted by each pilots number of bid periods in each seat since the amendable date, and additionally weighted by seniority up to Year 12?

If so does anyone have the formula used? I’m curious to see if our guys use the same method.

IANAM (I am not a mathematician) but:
They calculated the difference between what all of us would have made, had the new pay rates been been implemented at the “expiration” date of the last contract, and what we actually got paid.
This was converted into a ratio for everyone, and multiplied by the $75million bonus. For me, 5 years, 2 1/2 years as a captain the payout was about 30% of the difference.

If I’m not mistaken, it was about 30% for everyone....

No argument there, I just didn’t do the math for everyone else