Alaska contract

[becket]

Rumor only .. 11 , 4 ,4,4,4, guess well see in a few weeks

I'd be shocked if this were true.

 

[PCL_128]

"...It is a five-year agreement with pay increases that reflect the upward trend in the industry..."

What is more important is what the negotiating committee DIDN'T say. What I need to hear is that our contract contains INDUSTRY LEADING PAY. INDUSTRY LEADING PAY for INDUSTRY LEADING PROFITS.

Really? Pilots consistently shoot themselves in the foot by not considering the time value of money. What good is an extra 5% if you have to wait 5 years to get it? If either of the above rumored pay increases is true, then you should be down on your hands and knees thanking the NC for getting it done so quickly.

 

[Mamma]

The first "rumor" puts Capt pay at $218.60 at the end of 5 years with profit sharing possibly still intact and the A-plan for those in it. FO pay is around $147.75. That seems more realistic than the second "rumor" which is too high.

 

[Ocity]

The first "rumor" puts Capt pay at $218.60 at the end of 5 years with profit sharing possibly still intact and the A-plan for those in it. FO pay is around $147.75. That seems more realistic than the second "rumor" which is too high.

The MOU that American just signed has NB FO rates in 2018 around $156/hr. I will be a little pissed if we can't match a pay rate that a BANKRUPT carrier has just agreed to. Hopefully the first rumor is too low. The second rumor sounds too good to be true.

 

[alaskaplt]

Really? Pilots consistently shoot themselves in the foot by not considering the time value of money. What good is an extra 5% if you have to wait 5 years to get it? If either of the above rumored pay increases is true, then you should be down on your hands and knees thanking the NC for getting it done so quickly.

With this logic you will spend your entire career behind every other carrier. Seems logical for the immediate future but its short sighted. Over a career it's going to keep our earnings lower. The company loves this logic. Other carriers have set the bar and we need to push that bar further. I just fear we do not have that mindset.

 

[Boxboy]

With this logic you will spend your entire career behind every other carrier. Seems logical for the immediate future but its short sighted. Over a career it's going to keep our earnings lower. The company loves this logic. Other carriers have set the bar and we need to push that bar further. I just fear we do not have that mindset.

Completely agree. Too many pussies not enough balls (brains too)!

 

[PCL_128]

With this logic you will spend your entire career behind every other carrier. Seems logical for the immediate future but its short sighted. Over a career it's going to keep our earnings lower. The company loves this logic. Other carriers have set the bar and we need to push that bar further. I just fear we do not have that mindset.

This is nonsense. Management makes out like bandits because pilots believe they can force another $2 out of them in a pay rate. They cry poor to the NMB, they stonewall, and five years later you end up with an extra couple of bucks. In the meantime, management has saved multi-millions, and they laugh at you as they sign on the dotted line, happy as can be.

The path to successful pattern bargaining in a deregulated environment is executing a series of smaller victories. Trying for the big jumps in pay and the complete CBA re-writes is exactly what management wants you to do.

 

[alaskaplt]

This is nonsense. Management makes out like bandits because pilots believe they can force another $2 out of them in a pay rate. They cry poor to the NMB, they stonewall, and five years later you end up with an extra couple of bucks. In the meantime, management has saved multi-millions, and they laugh at you as they sign on the dotted line, happy as can be.

The path to successful pattern bargaining in a deregulated environment is executing a series of smaller victories. Trying for the big jumps in pay and the complete CBA re-writes is exactly what management wants you to do.

Short sighted. When you retire and look back at every contract that was below everyone else's you can say "but I had the time value of money". Though it always is below everyone else somehow this makes sense.
If management wanted us to do what you are saying there would be no agreement in principle. This is what they want right now..This contract signed. And for us to sell it to ourselves based on your time value of money argument like last time. Assuming the rates are what is suggested.

 

[Old School 737]

We need to be the highest NB pay !! Period!! That's all we fly .. The company has never been bankrupt .. They have scope on there side ... We do more with this jet than anybody... The pension is over for any new guys .. The insiders racking up huge profits on there stock options .. It's time ...

 

[PCL_128]

Short sighted. When you retire and look back at every contract that was below everyone else's you can say "but I had the time value of money". Though it always is below everyone else somehow this makes sense.

You're getting too caught up in what everyone else has. This is a simple math problem, not an ego issue. You can certainly get what everyone else has. But you'll have to wait a hell of a long time for it. In the intervening timeframe, you'll have lost far more money than you'll make by the extra gains. What good is bragging rights that you have the "industry leading" pay rate when it took so long to get it that it cost you tens of thousands of dollars?