120% Torque
Well-known member
- Joined
- Oct 17, 2002
- Posts
- 277
Making contracts when things are good is not when alpo should be judged. It is when things are bad! alpo gets an F!!! Did skyw take a pay cut...EVER!
GO alpo?
Yes, while skywest management inked very lucrative deals that would fill the company cauffers and allow them to buy other airlines they removed COLA from the pay scales making an effective pay cut. To quote from a friend of mine on this subject:
The difference is when you look at 7-Year Pay Wage WITHOUT COLA ($67.94) vs. 7-YEAR pay WITH COLA ($83.52). The Difference = $15.58/hr. Or $15,580 annually (based on a 1000 hour flying year). This is the BUYING POWER you are giving up! This $15,580 in COLA is just so you can buy the same Starbucks Lattes, groceries for your family, gas for your car, etc. during the next 7 years. I can GUARANTEE the prices of these things will ALL raise at the rate of the CPI (Consumer Price Index) or more during the next 7 years. This $15,580 is JUST TO KEEP UP with the CPI.
Your ANNUAL RAISE (per se) for Experience and Longevity is wiped out by NOT having COLA. In fact, you will be working for the same (Buying Power Wage) 7 years from now as you are today. (Actually a bit less).
I'll make it even more simple. I'll give you a job today, but don't expect a raise for the next 7 years. In fact, you actually have to take a $0.23/hr PAY CUT every year for the next 7 years for the priviledge of me hiring you today.
BTW, COLA is not a fixed number, it fluctuates based upon the CPI. I used an average. Next year is projected to be around 3.1% (could be more . . .could be less)
So YES Skywest pilots DID take a pay cut when they were forced out of COLA which was in place when I was hired.
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