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Guys, ignore instructordude....he is a POS. He is a flamebait master. I cant tell you how many times I had to warn the guy when I was a mod. Please...use the ignore feature. As for you instructor guy....you are truly a piece of work. Go back to your scab outfit.
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...
Additionally, they're not done yet. On or about Apr 16th, we (the pilots)should find more out about a defined contribution program. The 401k and profit sharing thing was company wide, all positions. Enough said, it is a step in the right direction-- all this done without third party representation or 1-2 years of negotiations. Some airlines are still negotiating, others are still giving up pay/benefits-- and as long as airlines maintain their competitiveness with pay/benefits (or increase them)-- jetblue is likely to continue to address these issues to ensure recruitment and retention.
Where did you hear something about a defined contribution plan? I haven't heard anything about it. Are you saying that we will be given something above and beyond what they already announced?
While I'm not too impressed with the raises, I guess I can't complain too much. Less than two years on the property, and I fly with my favorite Captain every day and will make about 90K during year two. Not great, but it beats flying for Hulas.