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Flexjet Big Day...jan 15th

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A 4th year captain will make $102,128. That is definitely more than most. I'll say I'm happy with the wages. Let's move forward with QOL issues now........
 
Also, with regards to the 401k (dollar for dollar) match up to 6%...there will be an additional 2-4% put into your 401k by the company whether the employee puts anything in or not.

The variable will be (age + years of service) that dictates whether its 2,3, or 4%.

More food on the table when we retire.

THANKS FLEXJET.
 
Let's give them credit. They stepped up in a big way. They threw money at us. I'll take it.

The pay scale does not reflect the annual bonus, so add 5% to the pay scale. That 3 yr Capt pay is just a holiday away from six-figures!

Yeah, we have those other issues like floating rest. We'll just have to keep chipping away and making suggestions.

Ya know what guys? They want to operate like they want to operate - floating rest and gateways and all. They get those statistics that DG is so proud of, from operating like they do. They're willing to pay for it. There are those who are happy with what they pay, and those who aren't. So there ya go.

If anyone thinks that this group is willing to give this up to bring in a union, picket, go on strike if necessary, then I have some land 50 miles south of HTO to sell you.
 
Don't mean to rain on the parade, but less than a 2% year over year raise at years 10-15 (Lear and Challenger). That doesn't even keep up with inflation. Could have been better at the top end for sure.
 
Also, with regards to the 401k (dollar for dollar) match up to 6%...there will be an additional 2-4% put into your 401k by the company whether the employee puts anything in or not.

The variable will be (age + years of service) that dictates whether its 2,3, or 4%.

More food on the table when we retire.

THANKS FLEXJET.

As I understand it, in order to get the upgraded 401(k) you have to give up the defined benefit pension benefit. Definitely need to crunch numbers on this.
 
It is also amazing...this is a huge raise...where did this come from? If the raises never happened at NJ...where would have the money gone they gave up in this raise?
 
What about the pension. I talked with a 604 CA the other day who said that his pension will pay $40K a year. Is this true?
 

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