HA25
Tokyo Tokyo!
- Joined
- Dec 16, 2001
- Posts
- 3,643
Just expressing my opinion, that's still allowed isn't it?!?!
you are always entitled to your own set of opinions, just not your own set of facts..
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Just expressing my opinion, that's still allowed isn't it?!?!
Rational solutions will not prevail. Execs will prevail, and subsequently bail with billions.
I appreciate your enthusiasm for capitalism and the free market; however, we don't work in anything resembling a free market. Have you read the RLA? None of the other trade groups you mentioned have the constraints that have been forced upon us. The current system, designed by corporate executives, is failing this profession and needs fixing. You're a professional aviator, and you deserve to be compensated for the valuable skill that you posses, and you should not be artificially fused to a company that falters due to poor management and corporate raiders. The executives have created a system that greatly benefits them, and there is nothing wrong with us as a profession demanding the same securities and benefits.
If you take the time to read the full proposed legislation, you will see that someone is already trying to make this pay scale happen. It's worth your time to read the text.
4-7 of 8
operationorange.org
2. Minimum hourly rates of pay for payable hours in section 4.F shall be:
a. $300.00 per hour for widebody aircraft PIC/Captain,
b. $225.00 per hour for narrowbody aircraft PIC/Captain,
c. $200.00 per hour for widebody aircraft SIC/First Officer,
Fair Treatment of Experienced Pilots Act - Part 2
d. $150.00 per hour for narrowbody aircraft SIC/First Officer.
This kind of pay is extremely unrealistic and damaging. Remember what the pilots at United did and what happen in the end??
Rescaling the longevity-based system front-loads a pilot's income.
A company that becomes much more profitable can hire away experienced talent by offering those experienced pilots a living wage.
The best part about this method is that it rewards pilots evenly according to the productivity of a unit of pilot labor.
An FO on a 737 earning 119/hr is not more productive than an FO on the same aircraft earning 74/hr.
True, a probationary pilot may be less productive than a fully qualified pilot, and therefore a probationary scale for the first year or two is something that most pilots could endure. (You do have some savings, right?)
Rescaling the longevity pay gives the high-time guys portability. It gives the new guys a living wage.
A good airline could steal talented pilots away from a bad airline.
Nowhere is it written in stone that unionization, seniority, and longevity pay must ALWAYS be deployed in the ways we used them in the past.
The BIGGEST benefit is that it works against management gutting of contracts by scaring those with lots of longevity. It allows pilot groups to call management's bluff.
"Screw with me, I will quit. I will take 20% cut to switch carriers." No longer do you have to drop from over $100k to $35k.
This method also means that when an airline folds, you can hire the qualified pilots at a wage that does not insult their professional status, instead of hiring low-timers who are willing to work for peanuts.
This allows talented pilots who have paid their dues to remain in their chosen profession.
It is so obvious, I don't understand why union types don't get it. if you render your employer uncompetitive, it won't be able to compete in the marketplace. United is the perfect example, Delta too. Airtran exists only because of the Delta pilot contract of the late 90s.
Great post! Here is the fix: The RLA has a benefits side that aviation is excluded from. www.rrb.gov Among other things, RRB has a re-hiring scheme that functions in place of a NSL. If you are furloughed, you have right of first refusal to a job at another airline that is hiring. You don't come in with seniority, but you do come in with whatever rate that contract pays for your full longevity. All RLA covered companies would be required to participate. Additionally, if you are in RRB you are not paying SS. You are working to fund a 2 tier SS like retirement fund. 30 years of service and at least 60 years of age, you can retire with full benefits...
Financing
Payroll taxes paid by railroad employers and their employees are the primary source of funding for the railroad retirement-survivor benefit programs. Railroad retirement taxes, which have historically been higher than social security taxes, are calculated, like benefit payments, on a two-tier basis. Railroad retirement tier I payroll taxes are coordinated with social security taxes so that employees and employers pay tier I taxes at the same rate as social security taxes. In addition, both employees and employers pay tier II taxes which are used to finance railroad retirement benefit payments over and above social security levels. These tier II taxes are based on the ratio of certain asset balances to the sum of benefit payments and administrative expenses.
Revenues in excess of benefit payments are invested to provide additional trust fund income. The National Railroad Retirement Investment Trust manages and invests railroad retirement assets. Railroad retirement funds are invested in non-governmental assets, as well as in governmental securities.
Additional trust fund income is derived from the financial interchange with the social security trust funds, revenues from Federal income taxes on railroad retirement benefits, and appropriations from general treasury revenues provided after 1974 as part of a phase-out of certain vested dual benefits.
Interesting, but not quite correct:
It just substitutes a Tier I and II tax for SS taxes. This is also covers unemployment benefits under RRB. These Tier II taxes can be raised if there is a shortfall. It appears that Congressional action is not required to do so, like SS taxes. It also appears that the RRB is allowed to invest more readily in "non-governmental" securities. Could this be Wall Street?
Interesting system. First I've heard of it. It's not an investment system and appears to limit benefits payments, much like SS, so you could be paying to much for this retirement fund. You're definitely beholden to it with little or no choice in the matter. I'm going to read further.
This kind of pay is extremely unrealistic and damaging. Remember what the pilots at United did and what happen in the end??