Bubba...you are wrong on the money part. Now that some OAT Captains have been at SWA for a few months, the comparison reports are starting to come in; and they aren't what you imply. The money is not the same. These guys are making less as SWA F/O's than they were as ATN CA's.
We need to talk apples vs. apples when discussing these pay rates. APC has taken the weird SWA TFP's and converted them to industry standard BLOCK pay rates. Go over there and take a look at ATN CA 12yr. rate vs. SWA FO 12 yr. rate. The difference is -$17/block hour.
Let's not throw in intangibles like premium pay, cartels, the far right end of the bell curve, or anything of that sort. Just stick with straight line numbers.
Straight line numbers that you advocate is NOT an "apples to apples" comparison of what actually happens on each company's payday. In fact, I'm sure you know that there's no actual way on earth to make such a comparison between two dissimilar companies. Regardless, you can't make your "apples to apples" comparison simply the way you did it either. Since there's so much difference between all the other things that make up one's pay besides the rate. Especially since Southwest doesn't get paid by the hour. You can't even simply apply a "fix" to out TFP rate to get an hourly rate, like APC tries to. Since a TFP is based on mileage, and then adjusted for time and other factors, legs blocking the exact same time can pay somewhat different if you're going east or west. Plus the differences in scheduling and rigs also make direct pay comparisons invalid.
A better way to compare pay would be to look at the guaranteed minimums per month times payrate. Also look at practical, or typical, average lines times payrate, and then possibly a nuanced look at how easy it is to get overtime and/or premium overtime.
Madjack says you guys have a 75 hr/month limit. I don't know whether that's true or not, but I can tell you that the average line here pays 95-100 TFP for an average 14 days of work/month. That's before any adjustments, trades, pickups, giveaways, etc. That's basically a guy who works his line, and does nothing else. If you're a senior FO, you can get much better deals than that. If you're on reserve, the minimum guarantee is 90, and occasionally 96. So realistically, the average Southwest guy can multiply his TFP rate times 100 to get his minimum average monthly pay.
At any rate, as I said, a direct APC comparison of "computed hourly rates" isn't a fair comparison of actual pay. DV, how about you try comparing the monthly gross pay of: 1) each company's high earners; 2) each company's slack-ass, lazy, don't-like-to-work pukes; and finally 3) each company's average line pogue. I think you'd find a much more valid comparison.
Bubba