Profit sharing speculation
#81
The 2015 pool is known, $698 mil. What is not known is what your percentage of the pool will be, but that percentage is determined by your percentage of the total pool of eligible wages and since we haven't had a big change in either the number of total eligible FAs or the total number of eligible pilots, your percentage of the profit sharing pool will be really , really close to the percentage it was last year. Of course if you went from FO to Captain that would alter your percentage as well but then just multiply your result by 1.45 and you should be close.
Sor for me . . .
$6173 / $235,000,000 = .000262680 that's the percentage of the pool I got last year so assuming I'm getting about the same percentage of the pool this year and knowing that the pool this year is $698 mil we have . . .
.000262680 x $698,000,000 = $18355
Last edited by Sunvox; 01-25-2016 at 04:24 AM.
#82
Gets Weekends Off
Joined: Nov 2009
Posts: 5,488
Likes: 98
I believe you are making this a little more complicated than it needs to be. I'm pretty sure 3 x last years will be close but if you want to be even closer then consider this.
The 2015 pool is known, $698 mil. What is not known is what your percentage of the pool will be, but that percentage is determined by your percentage of the total pool of eligible wages and since we haven't had a big change in either the number of total eligible FAs or the total number of eligible pilots, your percentage of the profit sharing pool will be really , really close to the percentage it was last year. Of course if you went from FO to Captain that would alter your percentage as well but then just multiply your result by 1.45 and you should be close.
Sor for me . . .
$6173 / $235,000,000 = .000262680 that's the percentage of the pool I got last year so assuming I'm getting about the same percentage of the pool this year and knowing that the pool this year is $698 mil we have . . .
.000262680 x $698,000,000 = $18355
The 2015 pool is known, $698 mil. What is not known is what your percentage of the pool will be, but that percentage is determined by your percentage of the total pool of eligible wages and since we haven't had a big change in either the number of total eligible FAs or the total number of eligible pilots, your percentage of the profit sharing pool will be really , really close to the percentage it was last year. Of course if you went from FO to Captain that would alter your percentage as well but then just multiply your result by 1.45 and you should be close.
Sor for me . . .
$6173 / $235,000,000 = .000262680 that's the percentage of the pool I got last year so assuming I'm getting about the same percentage of the pool this year and knowing that the pool this year is $698 mil we have . . .
.000262680 x $698,000,000 = $18355
#83
#86
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#88
I believe you are making this a little more complicated than it needs to be. I'm pretty sure 3 x last years will be close but if you want to be even closer then consider this.
The 2015 pool is known, $698 mil. What is not known is what your percentage of the pool will be, but that percentage is determined by your percentage of the total pool of eligible wages and since we haven't had a big change in either the number of total eligible FAs or the total number of eligible pilots, your percentage of the profit sharing pool will be really , really close to the percentage it was last year. Of course if you went from FO to Captain that would alter your percentage as well but then just multiply your result by 1.45 and you should be close.
Sor for me . . .
$6173 / $235,000,000 = .000262680 that's the percentage of the pool I got last year so assuming I'm getting about the same percentage of the pool this year and knowing that the pool this year is $698 mil we have . . .
.000262680 x $698,000,000 = $18355
The 2015 pool is known, $698 mil. What is not known is what your percentage of the pool will be, but that percentage is determined by your percentage of the total pool of eligible wages and since we haven't had a big change in either the number of total eligible FAs or the total number of eligible pilots, your percentage of the profit sharing pool will be really , really close to the percentage it was last year. Of course if you went from FO to Captain that would alter your percentage as well but then just multiply your result by 1.45 and you should be close.
Sor for me . . .
$6173 / $235,000,000 = .000262680 that's the percentage of the pool I got last year so assuming I'm getting about the same percentage of the pool this year and knowing that the pool this year is $698 mil we have . . .
.000262680 x $698,000,000 = $18355
It doesn't work like that. You don't get a similar "percentage of the total".
We hit different triggers this year that make our portion larger.
#89
The pool is not the "pilot" pool, it's the "profit sharing pool". It doesn't change with "triggers" because those triggers are "company" profit sharing not "pilot" profit sharing.
Please pay careful attention to the words below especially the first sentence and these words: The COMPANY PROFIT SHARING. That is the PLAN in which the pilots "participate".
Last edited by Sunvox; 01-25-2016 at 03:18 PM.
#90
I don't think you understand the "pool". The pool is not the "pilot" pool, it's the "profit sharing pool". It doesn't change with "triggers" because those triggers are "company" profit sharing not "pilot" profit sharing.
The only garbage here is your language and intelligence.
Please pay careful attention to the words below. Especially the first sentence and these words: The COMPANY PROFIT SHARING.

The only garbage here is your language and intelligence.
Please pay careful attention to the words below. Especially the first sentence and these words: The COMPANY PROFIT SHARING.

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