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New Jetblue pay raise!

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A buddy of mine at JB just called and told me they got a raise. Here is the low down:

1. A320 Captain raises-- 5% year 6 and year 12 (not 6 thru 12)

2. E190 FO base rates---more than $10 an hour increase, after $47 first year

3. A320 FO first year rate now equal to E190 to $47 an hour (down from $51)

4. 2nd year pay $57.34 for A320 FO, 3rd year $67.09 an hour, 4th--$72.45
5th--$75.35, year 7-12 2% increase per year

5. E190 Captains-- about $5 an hour increase thru year 12 (max at $101.38)

6. 5% B fund (retirement fund) (matching per month in your own name)
Have to wait until 3rd year to be fully vested, other profit sharing possible

7. 5% 401K match, up from 3%

8. Pilots hired after May 16th will NOT get stock options

9. working on merger and aquistion protections (yeah right!)

10. Increase or improvement on loss of license insurance and disability


All of these are retroactive as of Jan 1st, 2007




Good for you guys.


Bye Bye--General Lee


Looks pretty sweet. Congrats guys, I am jealous. It's good to see major pay where it should be. I'm excited to get there.
 
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Without looking at the exact figures the A320 Fo's get the following increases

Year 2 minimal around $1000
Year 3 $6000 Raise
Year 4 $6200
Year 5 $3705
Year 6 $ 3806

These figures are based on an 83 hour line or the Average

Into Year three premium pay over 70 hours is over $100 per hour.

If a guy flies an 93 credit line he could make an additional $12,000 per year or more after a few years.

This is an excellent start would like to see an increase in PTO/Vacation, LTD, and better medical

I'll drink to that in fact I'll buy a round for the house! Now somebody tell Miss Verna to pick up the phone and call the donut java man so I can put my money where my mouth is!

:)

Glad mngmnt. is looking out for you guys............

Capt. Z
 
.....
 
I'm new to JetBlue but have a sibling who has been here for many years after a furlough from a legacy. Although making less than he made before being furloughed "laid off" from the former company, he truly has been happy and feels that the company, although not perfect is pursuing to keep everyone happy and working for the benefit of all.

Old school legacy thinking is lets make the most money, obviously that didn't help him when he was put in the street. A good friend of mine's father was the CP at SWA, he enjoyed a steady, sane rise in pay and benefits and retired with SWA always staying above water even in the roughest time.

The company has to rethink its strategy because it has grown rapidly and the infrastructure did not keep up. I have seen firsthand that it is a major concern for management to continue to foster the great corporate culture while it grows. I come from an evil Regional that could care less and with all the dues I paid to my union, that did not change my treatment nor the companies thinking. There is no union that can change a companies philosophy, no matter what. If the company wants to treat you like sh!t, they will do so with or without a union. My happy 2 cents!
 
I'm new to JetBlue but have a sibling who has been here for many years after a furlough from a legacy. Although making less than he made before being furloughed "laid off" from the former company, he truly has been happy and feels that the company, although not perfect is pursuing to keep everyone happy and working for the benefit of all.

Old school legacy thinking is lets make the most money, obviously that didn't help him when he was put in the street. A good friend of mine's father was the CP at SWA, he enjoyed a steady, sane rise in pay and benefits and retired with SWA always staying above water even in the roughest time.

The company has to rethink its strategy because it has grown rapidly and the infrastructure did not keep up. I have seen firsthand that it is a major concern for management to continue to foster the great corporate culture while it grows. I come from an evil Regional that could care less and with all the dues I paid to my union, that did not change my treatment nor the companies thinking. There is no union that can change a companies philosophy, no matter what. If the company wants to treat you like sh!t, they will do so with or without a union. My happy 2 cents!


A fine post. If you can fine something negative about pay raises I feel bad for you.
 
A buddy of mine at JB just called and told me they got a raise. Here is the low down:

1. A320 Captain raises-- 5% year 6 and year 12 (not 6 thru 12)

2. E190 FO base rates---more than $10 an hour increase, after $47 first year

3. A320 FO first year rate now equal to E190 to $47 an hour (down from $51)

4. 2nd year pay $57.34 for A320 FO, 3rd year $67.09 an hour, 4th--$72.45
5th--$75.35, year 7-12 2% increase per year

5. E190 Captains-- about $5 an hour increase thru year 12 (max at $101.38)

6. 5% B fund (retirement fund) (matching per month in your own name)
Have to wait until 3rd year to be fully vested, other profit sharing possible

7. 5% 401K match, up from 3%

8. Pilots hired after May 16th will NOT get stock options

9. working on merger and aquistion protections (yeah right!)

10. Increase or improvement on loss of license insurance and disability


All of these are retroactive as of Jan 1st, 2007




Good for you guys.


Bye Bye--General Lee


#2 above is NOT correct. There is no changes from the previous 190FO raises of $47 at year 1. The scale goes up like 3%/yr.

Also someone was asking about pay for 320 FOs. Anyone hired on the 320 on or after May 19,2007 will make $47. Also, all pilots hired after that date will not receive stock options.
 
A fine post. If you can fine something negative about pay raises I feel bad for you.
Let's be honest. The raises only affect those that are either quitting or are going to bid equipment that will cost the company.
Very carefully calculated, I admit.
Plus. Kinda reminds me of the the old, B scale strategy.
Huh? Won't affect YOU! That's for NEW hires!
 
Looks like the idiots are out to play...............................Congratulations JB boys and girls!!!!
 
Are you serious? United has a 16% B-Fund: Continental, 12.5%: AirTran 10.5%. We absolutely still need to look at retirement. This pay raise was a slap in the face. They can't fill the classes we have now, people are bailing in record numbers, and they just dropped first-year pay in the Bus!?!?!?! Unbelievable...


The real winner here is the retirement package. Under the old system, my 401k was getting 6% (3% mine, 3% match). Now its going to get 15% (5% from me, and 10% from the company). A 9% increase in retirement is absolutely the right thing for the pilot group.

The rest of the package is palatable until JetBlue really starts to recover and make money. Then we can do this again and focus more on hourly rates and not so much on the retirement.
 
If you think this is major pay, and it's where it should be, you're out of your mind. This is a fun place to work, but fun doesn't pay the bills, nor does it fund retirement. And if you really are coming here, make sure you stay on your spouse's insurance if you have one...



Looks pretty sweet. Congrats guys, I am jealous. It's good to see major pay where it should be. I'm excited to get there.
 
Oh nice. I just saw you work for Go Jet. Please don't come here. We don't need scab-wannabes. Ick...

Bob take it easy on the guy. I am not an old school guy BUT I can remember when I was learning to fly the owner of the airport told me about his old days at Pan Am.. The money he was making back then adjusted for inflation today would be approximately $600,000 in the left seat at $350,000 in the right seat.

The guys going from chump to ATP in 6 months at some pilot puppy mill have no concept of the airline industry other then what the recruiters told them.

They start flying for $17 an hour and see a job for $47 on the horizon and they think it will be like winning the lottery to make $55,000 a year.
 
Are you serious? United has a 16% B-Fund: Continental, 12.5%: AirTran 10.5%. We absolutely still need to look at retirement. This pay raise was a slap in the face. They can't fill the classes we have now, people are bailing in record numbers, and they just dropped first-year pay in the Bus!?!?!?! Unbelievable...

Bob,

There is no doubt that our compensation package has a ways to go yet, but it's a step in the right direction. It was done pretty quickly, once our management had a wakeup call. This would have been at least a 1 to 2 year negotiation had we been ALPA.

As our company grows, I hope our package will also. I'l rather be at a solid company making a little less, then making industry leading wages, just to be furloughed after years of stupid management. Been there, done that, got the t-shirt.

My situation is I'm a 3rd year 320 FO. I'll make $76,000 this year if I stay in that seat, but may upgrade to 320 Cap in the next few months. I'm having trouble finding something really wrong with that picture. Again, not industry leading, but not dragging down the career either.

As the legacies come out of their contracts that were negotiated in BK, we'll have a better picture to paint next year.

DW
 
Congrats B6 folks! I am not even in the industry yet, but it seems that a lot of people have been wanting pay to go up for a while instead of the cuts that were the hallmark of the survuval mentality after 9-11/bad management/concessions/crappy union support etc. When a company's pilot group gets a raise, some people are still finding ways to poke holes in it instead of realizing THIS WAS A RAISE! PAY/BENEFITS WENT UP! The JetBlue raises may not be perfect or where they might need to eventually be, but the fact here is that pilot pay went up. We should all be happy about that and for them. Not to say that we should not all hope and want for more but for once someone got a raise. Hats off to B6 and the pilots there that were walking away, subsequently getting managements attention and bringing this to fruition. I hope for the sake of everyone that this becomes the trend industry wide. But hey, what do I know...-klr
 
Let's be honest. The raises only affect those that are either quitting or are going to bid equipment that will cost the company.
Very carefully calculated, I admit.
Plus. Kinda reminds me of the the old, B scale strategy.
Huh? Won't affect YOU! That's for NEW hires!

There will only be a disparity on FO pay for the next thirteen months, after that it will all be the same after those hired Jan 1 through May move into year 2 pay. Your B scale "strategy" is void after this.
 
Bob,

As our company grows, I hope our package will also. I'l rather be at a solid company making a little less, then making industry leading wages, just to be furloughed after years of stupid management. Been there, done that, got the t-shirt.


DW

Are those the choices? Why can't JB have better wages with good managment? Southwest does, and JB should too. Al told us we would be within 2% of Southwest years ago. Hasn't happened.

Just because pilots might be paid well doesn't mean an automatic furlough.

I've also "Been there, done that, got the t-shirt". It was the result of incompetent management that got our company into the bad situation. Then, management capitalized on the effects of September 11th to gut our contract by threatening us with liquidation (a situation that they created) and farm out more of our flying.

GP
 

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