Pig Driver, is that gauranteed bonus for Capt's and FO's? I have the contract dated Jan 2009 and nothing mentioned? Have you got a new contract?
The Jetconnect bonus is a guaranteed retention bonus and is written as part of the CEA.
Isn't the Jetstar bonus still a company performance bonus and therefore subject to the current aviation environment?
Capt's salarys are very similar if the Jetstar Capt does 85 hrs compared to Jetconnect Capt's doing 65hrs. If the Jetconnect Capt does 65hrs, he or she will earn about $30 less per week. If Jetconnect Capt does 85hrs he or she will earn $600 more per week.
85hrs per month is not guaranteed! It's what management are putting on paper to make the contract look attractive. It's not!
Jetconnect Capt guarateed retention bonus is 1st yr $15k, 2nd yr $18.7k and 3rd year 22k. It increases not decreases.
Becareful with what is put in front of you! Still a much better contract at Jetconnect than Jetstar with regards to remuneration.
About 20% better off at Jetconnect per week as FO doing 65hrs as opposed to 85hrs. If a Jetconnect FO does 85hrs, he or she will take home $500 more per week.
Even with the Jetstars guaranteed bonus, Jetconnect get bonus, DTA and the incentive is about 30% more per hour over 65hrs for Capt's, and 40% more per hr over 65 for FO's.
These are the facts. Remember, Jetconnect has historically been the worst paying jet job in Australasia. Now we have a new kid on the block. Where does it end? Have a wee look on the Jetstar Australia website at the terms and conditions. Why sooo different? Becareful Aus crew, they'll close bases as they have in Adelaide and put you on NZ contracts. Ouch!
I'm sure all you guys belong to a union and can obtain the contracts yourselves through ALPA to do the math.
Cheers
Last edited by Fruet Mich; 6th May 2009 at 03:40.