I wonder why the pilots don't just leave NJ if the situation over there is so bad?
Seriously, I can't believe I even have to answer this. . .
If you are a pilot at an organization that has a defined pay scale, you know once you work for said organization for any period of time, you gain a certain level of pay.
In this case, a NetJets Captain makes $119,000 at 10 years (7on 7off), and and FO makes $81,000 (that is the cap for the SIC's BTW).
If I should choose to move to ANY other organization in aviation, I would be looking at a SIGNIFICANT loss in income - at least for a period of time. Most pilots, being good with numbers (generally) can calculate how long it would take to recoup these losses. The time frame is about 10 years generally when moving from NetJets to a Major Airline, longer (maybe never) it you go to a regional. Myself, a 15 year guy and quickly approaching 50, well - pay wise, It would take way too long to get to my break-even point.
This does not say we are "well compensated" for what we do - just we are at (by management design) a point where we are "financially hand cuffed".
At NetJets, the management (taking advantage of the 'financial hand cuffs') has suggested not only we should not get a pay increase over time, but a pay and benefits reduction for the next 5 years (and beyond). This is to lower the cost to the Millionaires and Billionaires that we provide our service to. You know, for the good of the company. In the meantime, after 2008, this company has paid down 700,000,000 in debt and posted a $200,000,000 profit as well as built new facilities in PBI, VNY and a Flight Safety training facility in CMH. NetJets is doing quite well.
So to answer the question, "If you don't like it there, then why don't you leave?"
Because:
1. NetJets is a good place to be.
2. They have the resources to make it better.
3. We can fix the issues with pilot leverages.
4. A new contract is very close.
5. The grass is not greener on the other side of the fence.