PIEDMONT MEC UPDATE – FEBRUARY 23, 2013
Fellow Pilots:
As you know, the Piedmont Negotiating Committee reached a Tentative Agreement (TA) that the Piedmont Master Executive Council unanimously approved and strongly recommends that you ratify in the upcoming membership ballot.
The Agreement (attached) includes many significant improvements that include:
· A Career Progression Agreement, signed by US Airways, that provides opportunities for mainline hiring by guaranteeing that approximately one-half of all mainline new hire classes come equally from Piedmont and PSA.
· A signing bonus equal to 6% based on 2012 W-2 wages for all pilots on the payroll, to be awarded in April 30 paycheck.
· New pay rates that increase 2.5% on date of signing and continue to increase every anniversary date of the 5-year agreement.
· Deadhead Pay that improves from 50% to 75% and higher Per Diem rates.
· Higher Monthly Guarantees for line-holders and reserves.
· A Minimum of eleven (11) days off for hard, buildup, and reserve lines.
· Increases in the 401(k) company payments.
Just as important, the Negotiating Committee fought off the vast majority of concessions sought by the Company at the start of negotiations. In the end, the Association agreed that two areas of our contract required modest changes to better reflect current circumstances and industry benchmarks: health care premiums and leave of absence provisions.
Piedmont pilots pay a significantly lower portion of health care premiums―approximately 8% of the cost―than virtually all other pilot groups. In fact, pilot premiums at other similar carriers generally range between 25% and 30% of cost. The Negotiating Committee agreed to gradual increases over the life of the Agreement that will increase cost to a maximum of 18%. But over the first three years, any increases will be limited to a specific dollar amount to provide a gradual transition to the higher premiums. Other changes, including the eventual elimination of the indemnity plan and small increases to the Short Term Disability (STD) bank, were also agreed to and will be explained at the road shows. Changes to the Leaves of Absence section basically limit the time that pilots can remain on medical leave while still providing a more flexible approach than most other similar contracts.
The Negotiating Committee will be visiting all domiciles this week and next to detail the contract changes and to answer your questions. The road show schedule is below. We hope you will attend one of these meetings to learn more about the TA.
You will be receiving your ballot materials soon, as the ratification vote begins on Tuesday, March 5, at 10:00 a.m. EST and ends on Friday, March 22, at 10:00 a.m. EDT.
Given the challenging collective bargaining environment for regional carriers, the very significant improvements to many areas of our contract, and the modest company requested offsets that were agreed to, both the MEC and the Negotiating Committee feel strongly that this is an agreement that we can be proud of and unanimously recommend your vote in favor of it.
Sincerely,
Bruce Freedman Matthew Berson
Piedmont MEC Chairman Negotiating Committee Chairman