Pilot retention
Pilot retention
Guest
Posts: n/a
probably the biggest disincentive to stay would be the feeling that every year closer to retirement was a a year closer to being first in line for the chop come redundancy day; as we have seen in recent years. I believe that is no longer possible with new employment laws but may be wrong.
Any attempt to wind up our final salary pension scheme would also go down very badly.
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Another day in paradise
Any attempt to wind up our final salary pension scheme would also go down very badly.
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Another day in paradise
Guest
Posts: n/a
I think Balpa took a case against the last operator to adapt the policy of chopping from the top it is unlikely we will see this again.
Am I right in saying one of the main incentives for staying for those that have it has been the final salary pension scheme.
Am I right in saying one of the main incentives for staying for those that have it has been the final salary pension scheme.
Guest
Posts: n/a
I would guess it is a major consideration.
One idea that could be tried in order to retain pilots might be a form of loyalty scheme; say, enhanced salary and pension for long service. Let's say the normal increments for a Captain go to year 20 then stop, how about having another set of increments from year 15 to 25 at a higher rate. That way you would be better paid for longer and your pension would be enhanced. To qualify you would have to have done, let's say, 15 years as a captain without any serious incidents or accidents (pilot induced) and perhaps have a minimum number of hours (factored for those in executive or trainning roles).
Those on the new scale could be called Senior Captains..........
No, that would never work!
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Another day in paradise
One idea that could be tried in order to retain pilots might be a form of loyalty scheme; say, enhanced salary and pension for long service. Let's say the normal increments for a Captain go to year 20 then stop, how about having another set of increments from year 15 to 25 at a higher rate. That way you would be better paid for longer and your pension would be enhanced. To qualify you would have to have done, let's say, 15 years as a captain without any serious incidents or accidents (pilot induced) and perhaps have a minimum number of hours (factored for those in executive or trainning roles).
Those on the new scale could be called Senior Captains..........
No, that would never work!
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Another day in paradise
