Flexjet Big Day...jan 15th

[V1 Rotate]

I'm content. An extra $1,000+ per month helps.

 

[johnsonrod]

Good pay bump but the lack of new domiciles SUCKS. Why you be hatin' the Left Coast???? I am sure that will be a bargaining chip when the union comes to power.

 

[fischman]

Looks like management REALLY doesn't want a union...

Keep in mind money isn't everything.

 

[Flex-ible]

please fasten your seat belts as you ride the coat tails......

...and we are very greatful for the "jumpseat".....

 

[unclepetey]

About time, way to go!!!

 

[SKYLAWYER]

Great Job guys. Congrads

 

[Flex-ible]

Well, it is based on 15.5 days BUT, we are still working 16; therfore, the pay is actually higher than is published. About $3,000 higher.

Sounds like there will be more opportunities for those who want to work less...7/7 for about 25 pilots initially, and eraly bid for those who want to work 17+ which should make it easier for crew planning to give others 15 or less when requested.

 

[Imissmypilot]

Good pay increase, but we still pay an astronomical amount for health insurance. The family plan is about $3000/yr in premiums plus a $5000 out of pocket cost per year. Just like the last "large" pay increase, we have to wait until May for it to take effect. Bases TBD, just like they have been TBD for the past year with only Denver opening up and Ontario closing. Nothing addressed about QOL issues. The current first day rules only apply if it is not a "peak day" or the day before or after one. This increase is just enough to try to stave off the union a little longer. Bottom line is there is still "no job security." Employment is on an "at will" basis, meaning you can be fired at anytime for whatever reason mgmt dreams up.

 

[Flex-ible]

Pay is great, but the whole package is very mediocre.

Admitedly, bases still stink, and health insurance is very mediocre. What else do you have a problem with?

 

[Wankel7]

Wow, what a bump in pay! I am really really happy to hear that you all got that.

They really did step up in compensation for sure!

And a 100 percent match for up to 6% of your pay? That is also very nice. Compared to NJ that isn't bad at all...and to those at FJ that don't want to contribute much to their 401k it might actually work out better in terms of company match.

Also, if the upgrade holds true at around two years...they could make a lot more than a NJ FO for sure.

I am impressed and happy to hear it for you guys!

When does it start? Now or May?

 

[Deftone45075]

Admitedly, bases still stink, and health insurance is very mediocre. What else do you have a problem with?

208 days a year...

 

[Wankel7]

208 days a year...

Yeah where does this 202 thing come from? The standard bid is 16.... 16X13 bid periods = 208

 

[doylehargraves]

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........

 

[jackpilot]

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.

 

[EdAtTheAirport]

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.

 

[notapilot]

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.

 

[Flex-ible]

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.

 

[Wankel7]

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?

 

[CA1900]

Ski-Doos.

 

[jonjuan]

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?