Profit sharing 2011
#51
A reduced cap on credit time is a critical component; I don't know if eliminating VJM would be needed. I would MUCH RATHER have lowered credit time caps than a no furlough clause.
There would also need to be an elimination of banking credit time during furloughs.
Having caps in place could be a win-win for both management and labor, as it would reduce training costs generated from surplus bids. All of the money wasted in retraining pilots is akin to the broken window fallacy.
I'd also suggest that there should be a requirement for unlimited voluntary LOAs and reduced (down to, say, 40 credit hour) lines while pilots are furloughed. Not every pilot wants to work 100+ credit hours every month.
There would also need to be an elimination of banking credit time during furloughs.
Having caps in place could be a win-win for both management and labor, as it would reduce training costs generated from surplus bids. All of the money wasted in retraining pilots is akin to the broken window fallacy.
I'd also suggest that there should be a requirement for unlimited voluntary LOAs and reduced (down to, say, 40 credit hour) lines while pilots are furloughed. Not every pilot wants to work 100+ credit hours every month.
And that was one of my points. In my perfect world, we'd build to 78 again with a lower cap. And, as you said, no bank on furlough.
As to surplus reduction lines, I thought the 60 surplus reduction hour option was still there in the contract? Of course, the "option" is mgmt's.
Frats,
Lee
#52
Well, how about this then? I hear a lot of crap from my F/Os about how us older guys are wrecking their career advancement by staying past 60. I'm at a loss to understand why they tell me this since I was 52 when that was enacted, and thus, got just as screwed as anyone, but I'm assuming that they mean anyone older than them who stays past 60 is screwing everyone junior/younger than them.
So, here's my open offer: To all those guys whom feel screwed by age 65, if you'll all go down to the Notary Public with me and sign the same affidavit as me, we can all be happy. That affidavit says that we will ALL quit at 60. But I don't have any takers so far because they all say that they'll now have to go past 60 to recoup their losses (I guess they're entitled to do that, whereas the older guys whom have precious little time to recover are not entitled to go past 60).
Pretty simple: if someone is so sure that quitting at 60 is the right thing, they should have NO PROBLEM making a legal promise to do so. And good luck dealing with the curve balls thrown your way in the meantime.
By the way, I'm 56 and can't wait to be done with this ʙʉʟʟʂʜit. I've been a captain (the word is not capitalized, according to Webster's Dictionary, so I use lower case, even though some use upper case for captains of my integrity. That's for all the tools out there whom believe that using upper v. lower means something) for 16 years, but never owned the "Captain's House" or Lamborghini, Corvette, or Yak 52, etc. I just downsized my home, matter o' fact.
And I lived on United's B-scale for 5 years, qualifying for food stamps the first two years as a pilot for the biggest airline in the free world.
TW
So, here's my open offer: To all those guys whom feel screwed by age 65, if you'll all go down to the Notary Public with me and sign the same affidavit as me, we can all be happy. That affidavit says that we will ALL quit at 60. But I don't have any takers so far because they all say that they'll now have to go past 60 to recoup their losses (I guess they're entitled to do that, whereas the older guys whom have precious little time to recover are not entitled to go past 60).
Pretty simple: if someone is so sure that quitting at 60 is the right thing, they should have NO PROBLEM making a legal promise to do so. And good luck dealing with the curve balls thrown your way in the meantime.
By the way, I'm 56 and can't wait to be done with this ʙʉʟʟʂʜit. I've been a captain (the word is not capitalized, according to Webster's Dictionary, so I use lower case, even though some use upper case for captains of my integrity. That's for all the tools out there whom believe that using upper v. lower means something) for 16 years, but never owned the "Captain's House" or Lamborghini, Corvette, or Yak 52, etc. I just downsized my home, matter o' fact.
And I lived on United's B-scale for 5 years, qualifying for food stamps the first two years as a pilot for the biggest airline in the free world.
TW
Not active in the fight, but I personally had no problem with anyone that elected to stay after the change. In fact, I flew with a 320 Capt about a month prior to the rule going into effect. He was in good financial shape according to him but the pension hit obviously hurt.
He said nonetheless, he'd be okay and was looking forward to it. Anyway, the rule was announced to be effective on his birthday. Flew with him in late December on a trip after the change. Asked him why he didn't retire as he had it all planned out with the pension hit and all? He said something along the lines of he was going to but then realized he needed to teach me way more!
I laughed and told him I hoped he had bought a lottery ticket before his good luck ran out!Again, no problem with the change itself. More the way it came about. That said, everyone has to realize it changed the progression landscape that of course was already destroyed by prior events. This of course added to it.
I can understand both sides of the argument. And will say that an extra 5 years of stagnation was one consideration in taking a voluntary furlough. I don't blame those that elected to stay or praise those that I saw elect to retire on time. They all made the best decision for them given the change in the playing field.
Frats,
Lee
#53
The company already figured that out with PBS. They control ALL parameters of it. In the peak of travel season, holidays, etc, regardless of what you request, it will do everything it can to maximize your flying. You can bid award work low, set line value to low....doesn't work.
So, us "non-stupid" types at Cal self adjust.
But I shouldn't have to do that. I should be able to request 80 hr max line value 12 months out of the year. We are NOT migrant workers. If PBS isn't enhanced with this contract...it's a resounding "NO". Regardless.
(Sorry for thread drift.)
So, us "non-stupid" types at Cal self adjust.
But I shouldn't have to do that. I should be able to request 80 hr max line value 12 months out of the year. We are NOT migrant workers. If PBS isn't enhanced with this contract...it's a resounding "NO". Regardless.(Sorry for thread drift.)
PBS sucks the more junior you are in fleet/seat. No doubts.
While I doubt you'll ever get PBS off the property, Pandora's Box and all, contractual changes to line cap, etc., that are made have to be programmed into the system. If the flex of line min and cap are reduced, the quality of the solution is improved and the latitude allowed by the large differential will decrease the pendulum you probably see in monthly line quality as well as possibly getting more of you "wants" in your monthly bid.
PBS at UAL provided the mechanism to stop end of month carryover conflicts, stop vacation override and training conflicts, etc. It caused probably 500-700 furloughs at that time (nothing to do with current furloughs).
Since you have it, the only way to tame it somewhat is to provide less latitude to the company in min/max build criteria. PBS will always maximize the solution to include not giving number 1 in category their wildest dream if it can't minimize open time to target and/or have to build an illegal line for someone lower in category. And yes, I have some time working the scheduling committee under my belt previously.
BTW, who is the CAL PBS vendor? UAL is Ad Opt. You guys using Carmen? To the best of my knowledge UAL finally went with Carmen for the trip builder some years back. They were testing it at any rate.
Frats,
Lee
#54
Gets Weekends Off
Joined: Mar 2006
Posts: 774
Likes: 0
I guess I don't get this concept of capping pay credit. Maybe I am reading everyone post wrong? This is a line construction thing in my mind. I picture capping the line construction to 80 hours. The people that want to fly more can find extra time because people will always want to get rid of some. Don't limit us, limit the company. With people on furlough everything should be done to get them back, including a pay cap if needed.
I am just looking for answers.
I am just looking for answers.
Last edited by beeker; 10-26-2011 at 01:36 PM. Reason: because
#55
HOSED BY PBS AGAIN
Joined: Mar 2005
Posts: 1,713
Likes: 0
........... You have no EFFIN IDEA what anyone at either airline is going through in their lives or their families lives. How arrogant can you be? Not just arrogant because you think you are better than the rest when it comes to financies but arrogant enough to think that just because your little sihtty life model works for you, then it's gotta be the same model that everyone else has to fit it in. I'm sure your blonde hair and blue-eyed too................
#56
Gets Weekends Off
Joined: Mar 2006
Posts: 5,213
Likes: 14
From: guppy CA
Well, how about this then? I hear a lot of crap from my F/Os about how us older guys are wrecking their career advancement by staying past 60. I'm at a loss to understand why they tell me this since I was 52 when that was enacted, and thus, got just as screwed as anyone, but I'm assuming that they mean anyone older than them who stays past 60 is screwing everyone junior/younger than them.
The only thing that bothers me about the age 65 debate is the excuse that they needed 5 more years to save for retirement. My ex-wife is a spendthrift; no matter how much I tried to change her, she never saved a dime. 11 years after our divorce, she is so deep in debt that she's going to lose her house and have to declare bankruptcy. If one hasn't built up a fairly nice nest egg for retirement by the time they hit 50, chances are that they never will. Saving money for retirement/rainy day isn't fun; it's not sexy and it's a lot of deprivation. It's camping trips with the kids to the local park instead of a trip to Disneyworld. It's buying a used car instead of a new car. It's renting instead of buying that really nice house. If one decides to not save money during their working years, I don't care. But I don't want anyone to come crying to me about having to work a few more years because they don't have enough in savings to retire - if they didn't care enough to save during their peak earning years, I sure as heck don't care that they have to beg on the side of the exit ramp in their senior years.
I post too much personal information but here's another chunk of it: I'm flying out to Denver this weekend to put the final touches on my 22 YO daughter's retirement savings plan; she graduated from nursing school and recently got hired, making a tad more than $22/hr. And she's still babysitting part time for the extra money. She feels rich. She's already set up her 401K to have 3% go into it due to the hospital's 3% match. And now that she's got some money stashed for a rainy day, we're going to set up a Roth IRA for her to max out every year.
None of that's very fun; instead of saving money, she could buy new clothes and take a vacation to Vegas or Cancun. But she's had a front row seat to my ex-wife's financial train wreck and has no desire to follow in her footsteps.
#57
2010
Profit Sharing Accrual $224M
UAL Pilot Share 5.9% of W2
CAL Pilot Share 3.9% of W2
[updated with 3rd quarter numbers]
2011 Jan-Sep
Profit Sharing Accrual $242M
UAL Pilot Share TBD% of W2
CAL Pilot Share ZERO
The profit sharing accrual this year already exceeds all of last year. Assuming UCAL earns as much (as a percentage of 3rd quarter) in the 4th quarter this year as it did last year, they will earn $278M in Q4 for another profit share accrual of $55M for a total profit share accrual in 2011 of $297M. This is a 19% increase over last year.
If this 19% increase is applied to the 5.9% of W2 that UAL pilots got last year, then UAL pilots may get over 7% of their W2 this year.
If this 19% increase is applied to the profit sharing that 58% of the CAL pilots voted for in C02, and to what the union was able to achieve in the TPA, CAL pilots will get ZERO.
Happy Valentine's Day.
Profit Sharing Accrual $224M
UAL Pilot Share 5.9% of W2
CAL Pilot Share 3.9% of W2
[updated with 3rd quarter numbers]
2011 Jan-Sep
Profit Sharing Accrual $242M
UAL Pilot Share TBD% of W2
CAL Pilot Share ZERO
The profit sharing accrual this year already exceeds all of last year. Assuming UCAL earns as much (as a percentage of 3rd quarter) in the 4th quarter this year as it did last year, they will earn $278M in Q4 for another profit share accrual of $55M for a total profit share accrual in 2011 of $297M. This is a 19% increase over last year.
If this 19% increase is applied to the 5.9% of W2 that UAL pilots got last year, then UAL pilots may get over 7% of their W2 this year.
If this 19% increase is applied to the profit sharing that 58% of the CAL pilots voted for in C02, and to what the union was able to achieve in the TPA, CAL pilots will get ZERO.
Happy Valentine's Day.
Last edited by APC225; 10-27-2011 at 07:16 AM.
#58
Banned
Joined: Oct 2010
Posts: 690
Likes: 0
From: IAH 737 CA
No, but constantly forcing everyone into one small little box with no flexibility does nothing to foster pilot goodwill. Call it what you will, the scab thing is nothing more than an excuse for control. Too many pilots get off on trying to control the pilot group. You can have a great contract and have flexibility at the same time but too many see this as it's not my way so you are against us or a scab. Sorry, it's not wrong to have a different opinion.
#59
2010
Profit Sharing Accrual $224M
UAL Pilot Share 5.9% of W2
CAL Pilot Share 3.9% of W2
[updated with 3rd quarter numbers]
2011 Jan-Sep
Profit Sharing Accrual $242M
UAL Pilot Share TBD% of W2
CAL Pilot Share ZERO
The profit sharing accrual this year already exceeds all of last year. Assuming UCAL earns as much (as a percentage of 3rd quarter) in the 4th quarter this year as it did last year, they will earn $278M in Q4 for another profit share accrual of $55M for a total profit share accrual in 2011 of $297M. This is a 19% increase over last year.
If this 19% increase is applied to the 5.9% of W2 that UAL pilots got last year, then UAL pilots may get over 7% of their W2 this year.
If this 19% increase is applied to the profit sharing that 58% of the CAL pilots voted for in C02, and to what the union was able to achieve in the TPA, CAL pilots will get ZERO.
Happy Valentine's Day.
Profit Sharing Accrual $224M
UAL Pilot Share 5.9% of W2
CAL Pilot Share 3.9% of W2
[updated with 3rd quarter numbers]
2011 Jan-Sep
Profit Sharing Accrual $242M
UAL Pilot Share TBD% of W2
CAL Pilot Share ZERO
The profit sharing accrual this year already exceeds all of last year. Assuming UCAL earns as much (as a percentage of 3rd quarter) in the 4th quarter this year as it did last year, they will earn $278M in Q4 for another profit share accrual of $55M for a total profit share accrual in 2011 of $297M. This is a 19% increase over last year.
If this 19% increase is applied to the 5.9% of W2 that UAL pilots got last year, then UAL pilots may get over 7% of their W2 this year.
If this 19% increase is applied to the profit sharing that 58% of the CAL pilots voted for in C02, and to what the union was able to achieve in the TPA, CAL pilots will get ZERO.
Happy Valentine's Day.
But don't mind me, I'm just a CAL pilot who obviously costs the company money and doesn't deserve to share with the employees who make the company the money.
#60
I guess I don't get this concept of capping pay credit. Maybe I am reading everyone post wrong? This is a line construction thing in my mind. I picture capping the line construction to 80 hours. The people that want to fly more can find extra time because people will always want to get rid of some. Don't limit us, limit the company. With people on furlough everything should be done to get them back, including a pay cap if needed.
I am just looking for answers.
I am just looking for answers.
While there have been some improvements to this concept, they are far from a perfect answer. Whether PBS was there or not, if you give the company some 20 hours of line build flexibility in their month to month operation, the result is fewer pilots, less QWL, poor schedule quality, and the list goes on.
You narrow that window, all things improve in a great many ways. It isn't rocket science to figure how a min line credit of 70 or a max of 95 doesn't give way to much flex to the company as well as the effect on manning requirements.
As to a credit cap max with furloughs, it limits certain pilots by not allowing them to pick up the slack. If the max build credit is 95 but reduced to 85 when there are any furloughs, you reduced the company's flex.
Sure they will speed and min-man regardless of the cap restriction. Just nowhere near as much when you provide a 25 hour pendulum for them to play. They'll run you at 70 when it suits them and 95 when it suits them.
And, that minimizes the necessary reserve coverage when they have that flex.
Frats,
Lee
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