Gr82Aviate
Well-known member
- Joined
- Aug 9, 2004
- Posts
- 1,180
Hardly know where to start with this one. Granted
A little more? Do you know that the equivalent annual rate of return on this program is at least 68% even if the stock went sideways or down during the previous 6 months? If it went up, it is much more. I have a hard time investing aggressively to match this. When a company offers this, they are asking, "Do you want a 2% (minimum) raise or not?"
I thought you were talking about how SkyWest is dragging down the airline industry - not the world.
This one has already been addressed. The benefit's worth is not what it costs the company but what the benefit is worth to you.
The peer airline comparison is valid when the accusation is that SkyWest is dragging the industry down. Are you conceding that SkyWest does offer superior benefits within the regional industry but not the wider corporate world? If so, I might agree. Why are you in this poorly compensated industry?
As I recall, SkyWest had a 100% match after one year. In essence, they are asking "Do you want a $5000 ((or $6000 for older folks) a year raise or not?" How about your company?
Again, I recall 100% vesting immediately. Do you have to wait 2-3 years? Bummer!
I hope not.
Your math is a little off...they only vest 100% of a 2% match initially, that might equate to about $500 or $600 dollars for a new F.O.!
I'm curious as to how you could possibly suggest it was 5 or 6 thousand??????
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