NetJets and FlightSafety report profits for 2004

[FamilyGuy]

I would have given the pilots a raise.

But besides that I would not take the ludicris position that business is so good we are losing money on selloffs and we can't afford pilot raises... because we sold more than we can deliver.

El - When did the company take the 'ludicrous position' that they couldnt afford raises?

We all know that the company has already offered raises...the debate is over the size of the raises....

while your response plays to the populist opinions on this board it doesnt address the original question and problem - should NetJets cease selling to new customers for awhile or sell off the core fleet in the face of increased demand?

 

[Diesel]

actually a 105k with no bennies, 401k, yada yada means a DECREASE in pay.

 

[FAcFriend]

I would have given the pilots a raise.

Lol...good darn answer....when all else fails give the pilots a raise.

Now I say that somewhat tongue in cheek and somewhat seriously.

Ever try to get some work done at the house? Want the gardener to go above and beyond the call of duty- want a few extra bennies? Want them to work harder and get the job done no matter what the wife and kiddos are saying?

Pay them more.

You have made your point- well done.

 

[FAcFriend]

actually a 105k with no bennies, 401k, yada yada means a DECREASE in pay. Diesel


good point- your current total compensation package is over 6 figures. This is a good comparison point when looking at other positions.

a book- Passages at 100k plus- John Lucht. Good book for negotiating at these compensation levels.

BTW-
This is personal opinion only -
small point- but mngt would not do away with 401k for pilots at any salary comp level. They may alter the co. match (some cos. offer no match) but it makes no sense that they would not offer the program at all...federal rules offer too many bennies to mgt. for this program. Read the book.

I am sure it was just a negotiation point that never had a chance to come up.