Interesting development in the ASA-XJT situation. Under the circumstances, every little bit helps and it's sort of creative. I guess this is more of a head "keeping" effort vs head "hunting". I don't know how many people will benefit from this:
August 29, 2017
INDUSTRY EXPERIENCE CREDIT AT EXPRESSJET FOR PRIOR 121 EXPERIENCED PILOTS
Today the company and XJT/ASA ALPA reached a tentative agreement on a
new program that will allow current ExpressJet pilots and new hire
applicants with previous FAR Part 121 experience to count years of
service with another carrier toward their total longevity at
ExpressJet Airlines. Below are the highlights of the program:
* Pilots will be able to count up to 10 years of previous FAR
Part 121 experience toward longevity for hourly pay on their equipment
and seat
* Pilots will be able to count up to 10 years of previous FAR
Part 121 experience toward longevity for benefits including:
o 401(k) match
o Defined Contribution
o Vacation accrual
* Applicants must have separated from their prior employer in
good standing
* Applicants must have a minimum of one year of prior FAR Part
121 experience to qualify for this program
* Current ExpressJet pilots who have previously separated in
good standing from any FAR Part 121 carrier will receive the benefits
of this MOU upon date of signing, which we expect will be later this
week
* New hire pilots will be placed at the bottom of the seniority list
Look for the full language of this joint MOU along with a frequently
asked questions document toward the end of the week.