New Jetblue pay raise!

[General Lee]

A buddy of mine at JB just called and told me they got a raise. Here is the low down:

1. A320 Captain raises-- 5% year 6 and year 12 (not 6 thru 12)

2. E190 FO base rates---more than $10 an hour increase, after $47 first year

3. A320 FO first year rate now equal to E190 to $47 an hour (down from $51)

4. 2nd year pay $57.34 for A320 FO, 3rd year $67.09 an hour, 4th--$72.45
5th--$75.35, year 7-12 2% increase per year

5. E190 Captains-- about $5 an hour increase thru year 12 (max at $101.38)

6. 5% B fund (retirement fund) (matching per month in your own name)
Have to wait until 3rd year to be fully vested, other profit sharing possible

7. 5% 401K match, up from 3%

8. Pilots hired after May 16th will NOT get stock options

9. working on merger and aquistion protections (yeah right!)

10. Increase or improvement on loss of license insurance and disability


All of these are retroactive as of Jan 1st, 2007




Good for you guys.


Bye Bye--General Lee

 

[Whiskerbizkit]

How does that effect new A320 FOs that were hired after Jan? Doesnt seem to mention that. Did I just get a paycut???

 

[ImRickJames]

How does that effect new A320 FOs that were hired after Jan? Doesnt seem to mention that. Did I just get a paycut???

Existing first year FOs will remain at their current hourly rate and then move onto the new scale in year two.

 

[JonnyKnoxville]

Supply and Demand working for the pilots...FINALLY!

Congratulations!!!

 

[CAL EWR B737]

Sounds like the threat of a union just got you something. Although your raisies are somewhat pathetic it's still something.

Now how about getting a real union on the property???

 

[StarChecker]

Now how about getting a real union on the property???

Like the one at Scab-tinental? Sure....we'll get right on that...

 

[CAL EWR B737]

Didn't know ALPA wasn't a real union? We have a new MEC and new MEC Officers (elected this week). The current make up of MEC and pilot group as a whole is as good or better than any in the business.

Care to make any wagers as to the outcome of our Contract 08 campaign? How about a thousand bucks?

 

[murano]

Sounds like the threat of a union just got you something. Although your raisies are somewhat pathetic it's still something.

Now how about getting a real union on the property???

No, it was the many pilots that have quit in the past months that got JB pilots this raise. A union will be needed to get anything else out of them.

 

[waterski]

Alpo Sucks

 

[ImRickJames]

This is also supposed to be an annual review of the compensation and benefits. Of course not trying to rape the company for its current small profit would be a start.