instructordude
Playing with Fire
- Joined
- Apr 13, 2006
- Posts
- 975
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
Looks pretty sweet. Congrats guys, I am jealous. It's good to see major pay where it should be. I'm excited to get there.
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