United v. Spirit
08-09-2021 | 12:33 PM
#411
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A captain making 200k a year will get 30k a year in 401k contributions. Health insurance doesn't cost $2500/mo. ACA was a **** show, but it fixed some of the shenanigans that insurance providers used to engage in. Let's say you medical out at 55. That is a shortfall of 300k, not including compound interest, which likely puts the figure at closer to 400k conservatively. There's no reason we can't have both, but I value having tax deferred money compounding interest instead of healthcare that I can purchase on my own.
08-09-2021 | 01:02 PM
#412
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United v. Spirit
Also Medicare is available to you once you reach a certain age. It isn’t some government run clinic type health insurance. You can chose different plans and choose or keep your own doctors. I’ll take the 401k all day over health insurance.
08-09-2021 | 03:42 PM
#413
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From: A320 CA
That’s not a “door one or two?” comparison; those two items have a very different price tag from the company’s perspective. Apples to oranges there.
08-09-2021 | 04:03 PM
#414
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A captain making 200k a year will get 30k a year in 401k contributions. Health insurance doesn't cost $2500/mo. ACA was a **** show, but it fixed some of the shenanigans that insurance providers used to engage in. Let's say you medical out at 55. That is a shortfall of 300k, not including compound interest, which likely puts the figure at closer to 400k conservatively. There's no reason we can't have both, but I value having tax deferred money compounding interest instead of healthcare that I can purchase on my own.
A top pay scale 55 year old captain who has already paid off their second divorce and needs coverage for only himself vs. a 35 year new upgrade with 3 small kids will pay much different premiums
08-15-2021 | 06:02 AM
#415
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From: 747 Captain (Ret,)
Most definitely, if they choose to work hard.
In addition, many of the more senior ones are collecting Social Security, defined benefit retirement plan income (paid by PBGC), and IRA (if any) RMDs. Note: 401(k) RMDs are not required while still working, but 401(k) income may be taken without penalty at the age of our senior F/As.
Joe
In addition, many of the more senior ones are collecting Social Security, defined benefit retirement plan income (paid by PBGC), and IRA (if any) RMDs. Note: 401(k) RMDs are not required while still working, but 401(k) income may be taken without penalty at the age of our senior F/As.
Joe
08-15-2021 | 12:58 PM
#416
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I would love an extra $50,000 a year, especially considering that’s what I will probably make this year once training expenses and all is considered.
Coming from a regional this place is great, but I see no reason not to fight for more. If managment wants to double in size and play with the big boys/girls, they need to adjust on every aspect not just the ones they find convenient.
Coming from a regional this place is great, but I see no reason not to fight for more. If managment wants to double in size and play with the big boys/girls, they need to adjust on every aspect not just the ones they find convenient.
With all the hiring going on at the legacies, Spirit pilots have leverage to retain and attract talent. Hopefully you can close the gap and build in cost-of-living/inflation adjustments.
08-15-2021 | 06:18 PM
#417
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From: A320 FO
Love how you internet tough guys jump on the bandwagon and throw shade at a “white boy” or “elitist”, as most of you are here proclaiming that I am somehow - without a clue …
I doubt any of you have been in my shoes and since you haven’t - you aren’t walking I them now!
Enjoy your career. As I’m about to be 35% seniority in the 767 flying to Europe or bid 3 different bases as a Captain on either the A320 or B737. But hey, you guys are sure chill with your CNN rhetoric that I see on here!
I doubt any of you have been in my shoes and since you haven’t - you aren’t walking I them now!
Enjoy your career. As I’m about to be 35% seniority in the 767 flying to Europe or bid 3 different bases as a Captain on either the A320 or B737. But hey, you guys are sure chill with your CNN rhetoric that I see on here!
01-03-2022 | 12:28 PM
#418
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From: CA
Say one is a junior Spirit pilot (3 or less years on property), mid-30s, lives in base for both NK and UA — what are the pros and cons for leaving for United? The money favors United, but I’m more interested in QOL. Yes, Spirit has great work rules — but United’s aren’t bad. More importantly, the seniority movement at United seems more promising over a 30 year career with the large amount of United retirements. What should I be considering or what would you do if you are in my shoes?
01-03-2022 | 01:01 PM
#419
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From: 60’s Tech, Right
Say one is a junior Spirit pilot (3 or less years on property), mid-30s, lives in base for both NK and UA — what are the pros and cons for leaving for United? The money favors United, but I’m more interested in QOL. Yes, Spirit has great work rules — but United’s aren’t bad. More importantly, the seniority movement at United seems more promising over a 30 year career with the large amount of United retirements. What should I be considering or what would you do if you are in my shoes?
01-03-2022 | 01:03 PM
#420
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Say one is a junior Spirit pilot (3 or less years on property), mid-30s, lives in base for both NK and UA — what are the pros and cons for leaving for United? The money favors United, but I’m more interested in QOL. Yes, Spirit has great work rules — but United’s aren’t bad. More importantly, the seniority movement at United seems more promising over a 30 year career with the large amount of United retirements. What should I be considering or what would you do if you are in my shoes?
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