Nk or B6 CJO?
09-05-2022 | 11:03 AM
#11
Perennial Reserve
Joined: Jan 2018
Posts: 14,246
Likes: 257
Same advice. Highly likely the two will merge in the future, but pay is much better with JetBlue in the interim. QOL for lineholders is arguably better for NK, but you won’t be one for awhile. Unless there are real discrepancies in class dates or you can take reserve at home from an NK base but not with B6, you probably ought to take B6.
09-10-2022 | 07:19 AM
#12
Gets Weekends Off
Joined: Jul 2007
Posts: 307
Likes: 0
From: A320HD
I know the higher pay but can you explain “better” benefits? Everything I’ve read/heard insurance is not great at B6. Another factor for commuters is I think B6 has positive space commutes right now.
09-10-2022 | 02:26 PM
#13
Gets Weekends Off
Joined: Feb 2022
Posts: 385
Likes: 0
From: A320CA
I’m pretty sure B6 retirement is way better. I’m not sure about insurance.
09-10-2022 | 02:42 PM
#14
Banned
Joined: Jul 2021
Posts: 551
Likes: 0
Can someone walk through the profit sharing language, if the pretax is less than 18% does that mean another 5% goes to 401k company contributions for 21% total?
09-10-2022 | 05:19 PM
#15
The REAL Bluedriver
Joined: Sep 2011
Posts: 6,935
Likes: 0
From: Airbus Capt
During a good year, you might be able to afford the Jelly of the Month Club.
09-10-2022 | 05:25 PM
#16
The REAL Bluedriver
Joined: Sep 2011
Posts: 6,935
Likes: 0
From: Airbus Capt
Management wrote a 5% cliff into the language.
What this means is that if the company makes enough profit for you to earn 5.5% in PS, before they cut the check they subtract the 5% cliff, and send you the .5%. They keep the 5%.
The 5% cliff doesn't sound that nefarious to those who don't understand it, but it effectively eliminates 90-100% of your profit sharing check. Intentionally. And these are the same managers that some think will give us a "revenue sharing" tax... Good luck with that...
What this means is that if the company makes enough profit for you to earn 5.5% in PS, before they cut the check they subtract the 5% cliff, and send you the .5%. They keep the 5%.
The 5% cliff doesn't sound that nefarious to those who don't understand it, but it effectively eliminates 90-100% of your profit sharing check. Intentionally. And these are the same managers that some think will give us a "revenue sharing" tax... Good luck with that...
09-10-2022 | 05:58 PM
#17
Line Holder
Joined: May 2022
Posts: 94
Likes: 0
Benefits from day 1 seems like a big deal for me, at NK you have to wait 3 months
09-10-2022 | 08:25 PM
#19
Perennial Reserve
Joined: Jan 2018
Posts: 14,246
Likes: 257
Management NEEDS a JCBA. It’s time to stop talking about horse trading and start making nonnegotiable demands.
IF NOT NOW, WHEN?
09-11-2022 | 05:15 AM
#20
The REAL Bluedriver
Joined: Sep 2011
Posts: 6,935
Likes: 0
From: Airbus Capt
But I agree, we should horse trade nothing, give nothing, and we better get a Delta/SWA equivalent Profit Sharing plan with strong language, and no cliff. And we don't have "give" anything to get it.
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