Lear70
JAFFO
- Joined
- Oct 17, 2003
- Posts
- 7,487
I think you're missing that in order to get the 9.3% from Southwest, you have to contribute 10%.What? Within a couple of thousand dollars at the very, very top end of DL equipment and you want to say that's a 'win'? That's a really weak arguement.
Let's put it this way... a 12 year SW FO makes more than any DL FO except for maybe the 747. And even then, it's marginal. So for 95% of all aircraft types at Delta, the SW pilot does better. (As a side note, I'm thrilled that the DL/UAL pay is going up. It's helps everyone.)
14% DL contribution vs. 9.3% SW. I like the Delta retirement compensation, but again..no slam dunk for allowing so much outsourcing and codeshare.
The SW pilot also gains another 1% because he doesn't have to send double that to Herndon.
So to say that ALPA has done a great job over the years with any of this is laughable. Que the TWA lawsuit music, backed with 2000 RJs taking off simultaneously.
At Delta that 14% is a DC fund, otherwise known as a B-fund, similar to what we had at AirTran before all this. You don't have to contribute a dime to it, Delta simply deposits 14% every paycheck into your self-directed DC account. That's what SWA should be negotiating for here as well. The 9.3% into a D.C. fund, not a 401(k) without matching contribution required, plus the profit sharing. However, the company realizes a tax savings from the 401(k) account, so it's a bit of a double whammy to change it, so I don't see that happening.
That said, Delta's TOP numbers in TOTAL compensation (757/767 and larger) are, and will continue to be, higher than SWA TOTAL compensation moving forward, especially in 2015 when their CBA makes a larger jump. Or, to put it more succinctly, SWAPA will have to negotiate about a 9% pay increase across the board to match top Delta compensation numbers after 2015, accounting for pay rates, retirement, medical, and per diem, all of that WITHOUT giving up work rules that equal pay in other areas (and I'm talking about the pay from the average line value, not the Cartel and POT people).
That includes the extra 1% to Herndon.
We knew this was coming. Again, SWA pay was only at the top because of the bankruptcy-imposed CBA's everywhere else. Once the carriers become profitable again and once Sec 6 negotiations had time to take advantage of that, we always knew Legacy carriers would eclipse SWA rates again.
HOWEVER... we shouldn't even be worried about matching LWB rates. In a non-bankruptcy contract, it's asinine to assume a mostly-domestic and short-international 737 operation would match the compensation numbers of true-international carriers running 767's/777's/747's/787's/A330's/A340's/A380's.
Not hating, I'll enjoy the eventual pay raise, but SWA pay isn't the top of the game anymore and likely won't return to that spot anytime in the near future. Best SNB pay? Absolutely. Best overall compensation package including LWB pay? Not anymore, and likely never again, but only less by a few percentage points, and if it keeps the company solvent and stays pretty close to top compensation rates of CAREER expectations elsewhere, I'm good with that.
You want 787/A380 pay? Go work for an operator that flies them. SWA has a different mission profile, different route structure, and is difficult to compare except to other SNB pay rates. Is it a great career in terms of compensation? Absolutely. Am I going to complain that I'm not the highest-paid pilot in the U.S.? No, that's retarded.
Why we're having this discussion is the question... "mine is bigger than yours" only matters to those who are insecure about it. Does it fit what you want out of life in terms of compensation? Is it good for your equipment type compared to the rest of the industry? Then don't worry about it. Jeez...
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