Tornado Ali
2nd Sep 2006, 21:10
Well, it seems that either our management is lying, or UPS's is crazy (....hmm, wonder which one of those possiblities is the most likely...? :cool: ). On Thursday, UPS signed a new contract with their pilots. The terms include the following:
1. Immediate raise of 17.7% for Captains
2. Immediate raise of between 18 and 25.8% for First Officers :ooh:
3. 3% Annual raises of 3% up to and including 2011.
4. Improvement to the DEFINED BENEFIT PENSION PLAN, resulting in a Captain taking home over 12000 usd PER MONTH AFTER retirement...indexed to inflation.
5. Improvements to their BID LINE rostering system, enabling pilots to commute to work, with average days-off blocks of up to 21 days between blocks of flying.
6. Commuting for FREE on company aircraft.
With the new contract the AVERAGE pay of a UPS pilot is now $206000 per year....and that does NOT include pension. :eek:
Well, as you can see...CX management seem to be parroting a completely different story. Of course, this is not surprising, as they once famously said 'there is no money in freight'...!! This new contract from UPS brings up a few interesting issues:
1. Perhaps our Freighter pilots should recieve about a 80% raise to match UPS freighter pilots (this doesn't even BEGIN to account for their pension plan).
2. All talk of COS 07 and the proposed PAY CUTS are RIDICULOUS :mad:
3. Any American that is considering coming to CX...you must be mad. Beg, borrow or steal a job with UPS.
4. The industry is now at the beginning of a historic pilot shortage. Now is NOT the time to negotiate other than for IMPROVEMENTS to ALL of our packages.
5. Oh..Nick, tell us again about your MONTHLY bonus of $80000 (yes, that was 80 THOUSAND HKD per MONTH).
6. :yuk: :yuk: :yuk: :yuk: :yuk: :mad:
1. Immediate raise of 17.7% for Captains
2. Immediate raise of between 18 and 25.8% for First Officers :ooh:
3. 3% Annual raises of 3% up to and including 2011.
4. Improvement to the DEFINED BENEFIT PENSION PLAN, resulting in a Captain taking home over 12000 usd PER MONTH AFTER retirement...indexed to inflation.
5. Improvements to their BID LINE rostering system, enabling pilots to commute to work, with average days-off blocks of up to 21 days between blocks of flying.
6. Commuting for FREE on company aircraft.
With the new contract the AVERAGE pay of a UPS pilot is now $206000 per year....and that does NOT include pension. :eek:
Well, as you can see...CX management seem to be parroting a completely different story. Of course, this is not surprising, as they once famously said 'there is no money in freight'...!! This new contract from UPS brings up a few interesting issues:
1. Perhaps our Freighter pilots should recieve about a 80% raise to match UPS freighter pilots (this doesn't even BEGIN to account for their pension plan).
2. All talk of COS 07 and the proposed PAY CUTS are RIDICULOUS :mad:
3. Any American that is considering coming to CX...you must be mad. Beg, borrow or steal a job with UPS.
4. The industry is now at the beginning of a historic pilot shortage. Now is NOT the time to negotiate other than for IMPROVEMENTS to ALL of our packages.
5. Oh..Nick, tell us again about your MONTHLY bonus of $80000 (yes, that was 80 THOUSAND HKD per MONTH).
6. :yuk: :yuk: :yuk: :yuk: :yuk: :mad: