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It is just about stagnant, longevity raise is less than 1.4%, there is no COLA, there never has been at Jetblue.
Yeah, I know, one would think they eventually would realize that inflation exist.
This changes my opinion about this contract. How long is it for? 4, 5 years? These new pay rates seem to average about 12% increase for the 320 but if you take into consideration a 2.5% inflation rate for the length of the contract, then after 4 to 5 years everyone is back to their earning power of today, before the raises. The 190 seems to average about 25% increase today, so after 4 to 5 years they fare better with about 12% to 15% better earning power than today.
It's a shame, so close to being a successful pay raise, but without COLA how can this be considered a success? Especially for the 320.
In short, JB is a good place to work, and they've done an amazing thing in giving us a huge raise to bring us up to industry average, but we've got a long way to go. By the way, for the record, we just reset to average, which means that we've been below average for quite awhile, contrary to the previous statements made by our benenvolent "Leadership".
The problem is that only 37% of us actually voted for the mechanism required to get a CBA that has COLA.
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Ok, I'm a bit confused. I can agree that the 320 rates have been brought up to around industry average, but the 190 rates are well above average compared to the only other carrier I know of flying that aircraft which is USAir. Their rates are sinful. And compared to carriers flying the 175 and crj 900 your rates are well above them as well. So are they figuring that the 190 rates are industry average? I mean don't get me wrong. Your new 190 rates should be at the bottom end of industry average, its just that the other carriers are unconscionably low.
For instance 2nd year JB 190 FO rate according to cavemans numbers on page 3 is 61K at min guarantee compared to the other emb 190 and crj 900 operators paying FO's about 40K at min guarantee and at MAX longevity of about 8 years. CA's at 6 years and min guarantee is 111K while the others are at a pathetic and embarrassing 70K except USAir at 80K.
Also, what were the requirements to get the COLA in the contract if I may ask?
You don't need a CBA to get COLA.
Ok, I'm a bit confused. I can agree that the 320 rates have been brought up to around industry average, but the 190 rates are well above average compared to the only other carrier I know of flying that aircraft which is USAir. Their rates are sinful. And compared to carriers flying the 175 and crj 900 your rates are well above them as well. So are they figuring that the 190 rates are industry average? I mean don't get me wrong. Your new 190 rates should be at the bottom end of industry average, its just that the other carriers are unconscionably low.