Alaska PBP Paystub is Up

[CesnaCaptn]

In case you were itching to know what your take home pay will be on Thursday, the stubs are up.

For OAL pilots who are curious about our performance based pay this year, it was 9.4% of eligible earnings, paid as an extra check. There was no way to elect to have the funds deposited into a retirement account. Since the "target" is 5% of earnings, I expect the goal posts to be moved out significantly.

 

[GuppyWN]

9.4% profit sharing is good coin. Too bad your furloughed guys get ZERO. You're management should be ashamed.

Gup

 

[Old School 737]

In case you were itching to know what your take home pay will be on Thursday, the stubs are up.

For OAL pilots who are curious about our performance based pay this year, it was 9.4% of eligible earnings, paid as an extra check. There was no way to elect to have the funds deposited into a retirement account. Since the "target" is 5% of earnings, I expect the goal posts to be moved out significantly.

The new goals are already out!!

 

[Tarquinn]

Tax man took his share of course... Ouch..!

 

[Old School 737]

Yes he did! My check was a little more than last year but 2x the taxes taken out this year. Anybody have the real info why not the standard left wing /right wing mud sling? Also union dues were taken out last year but not this??

 

[NWaviator]

Next years goals will NOT give as big of pay out. Enjoy this years pay and use it wisely.

 

[CesnaCaptn]

Our new profit target is $400 mil, right? No problem. I'm sure we increase our record profit by 50% yoy. And that's just to earn a 5% PBP.

 

[BarbrPole2theOM]

Our new profit target is $400 mil, right? No problem. I'm sure we increase our record profit by 50% yoy. And that's just to earn a 5% PBP.

Actually the new target is $475 mil. Last year we made $516 mil profit (according to the formula that counts.)

 

[Z_Pilot]

9.4% profit sharing is good coin. Too bad your furloughed guys get ZERO. You're management should be ashamed.

Gup

Thanks Gup.
As you stated...yes, us furloughed AS can feel the salt on the wound.

 

[Old School 737]

Mabe we should give some to the retired guys like we did with our signing bonus!!!!!!! Screw the laidoff guys!! The retired guys need more!!!