Interesting Factoid

[eolesen]

Reading PlaneBusiness this week, there's an interesting statistic from one of the partners at Oliver Wyman (yes, they're a global consulting firm).

Of the roughly 130 million jobs in the United States, only 20% of them pay more than $60,000 per year, while the remaining 80% average $33,000 per year.

If you're earning $29/hour, believe it or not, you're among the Top 20% of wage earners in the country.

Most of AA's mechanics fall into that definition, as do virtually all of their pilots and managers, and I suspect more than a few topped out crew chiefs in fleet service.

If this statistic is indeed correct, next time you claim poverty wages from AMR, try to remember that half the country is earning half of what you do, and somehow manages to survive....

 

[Hopeful]

Reading PlaneBusiness this week, there's an interesting statistic from one of the partners at Oliver Wyman (yes, they're a global consulting firm).



If you're earning $29/hour, believe it or not, you're among the Top 20% of wage earners in the country.

Most of AA's mechanics fall into that definition, as do virtually all of their pilots and managers, and I suspect more than a few topped out crew chiefs in fleet service.

If this statistic is indeed correct, next time you claim poverty wages from AMR, try to remember that half the country is earning half of what you do, and somehow manages to survive....

Yea, where are most of these $33,000 a year jobs? Extremely low cost areas.
And no one has ever claimed we are working for poverty level wages.

 

[enough already]

Reading PlaneBusiness this week, there's an interesting statistic from one of the partners at Oliver Wyman (yes, they're a global consulting firm).



If you're earning $29/hour, believe it or not, you're among the Top 20% of wage earners in the country.

Most of AA's mechanics fall into that definition, as do virtually all of their pilots and managers, and I suspect more than a few topped out crew chiefs in fleet service.

If this statistic is indeed correct, next time you claim poverty wages from AMR, try to remember that half the country is earning half of what you do, and somehow manages to survive....

Yes, we live in a rich country. By the world's standards everybody that reads this board is rich. If you earn 35,000, you are in the top 4% of wage earners in the world. If you earn 75,000, the top 1%. Does this mean we should take this POS contract offer? NO, but we should be thankful that we live in this country!
Just my 2 cents...

 

[Rogallo]

It's great being on top, ain't it?

 

[AANOTOK]

If you're earning $29/hour, believe it or not, you're among the Top 20% of wage earners in the country.
Most of AA's mechanics fall into that definition, as do virtually all of their pilots and managers, and I suspect more than a few topped out crew chiefs in fleet service.

....and your suspicion would be incorrect. I doubt there is even one fleet c/c who falls in that category. I'm topped out, I have thirty years, and I'm far from it.

 

[Barfbag]

....and your suspicion would be incorrect. I doubt there is even one fleet c/c who falls in that category. I'm topped out, I have thirty years, and I'm far from it.

Well, I hate to burst your bubble but if you don't use a Federal License to perform your work at American you are considered unskilled labour. So; that means that the fair market value of your job and mine is much less in pay rate.

The rest of the jobs ( including management ) are considered unprotected expendables.

 

[skydrol]

Sweet stat E, anytime you feel up to it you can pm me and we will try to get everything lined out for you to come to work with me and I will escort you on every gate call I get and will stand back and watch you do my job since it is so easy and should pay wal mart wages.

 

[Ed Norton]

Here's another "Factoid" for you. U.S. CEOs earn almost 300 times more than the average worker. This is is the highsest disparity between the working class and the ruling class in the world.
Marx and Engels had the solution for all this thievery in 1848:
"The proletarians have nothing to lose but their chains. They have a world to win. Workers of the world, unite!

 

[FA Mikey]

Great post ED! Isn't it funny how people like to call out the average guy for trying to provide for themselves yet make no mention of the CEO robber barrons. The ones who created and then profited from the financial crisis we are digging out of.

 

[TWU informer]

How about being paid more than the $29 per hour AMT keeping aircraft safely in the air whilst sititing at a computer posting factoids and attempting to influence opinion by simply making post on an internet bulletin board with an objective to lower the wages, living standards, and overall quality of the AMT profession? Now that's a job worth having.

 

[Rogallo]

How about being paid more than the $29 per hour AMT keeping aircraft safely in the air whilst sititing at a computer posting factoids and attempting to influence opinion by simply making post on an internet bulletin board with an objective to lower the wages, living standards, and overall quality of the AMT profession? Now that's a job worth having.

I wonder what kind of pride and sense of accomplishment goes with that job?

 

[Hopeful]

Great post ED! Isn't it funny how people like to call out the average guy for trying to provide for themselves yet make no mention of the CEO robber barrons. The ones who created and then profited from the financial crisis we are digging out of.

OH...But haven't you people heard? The MARKET dictates CEO pay? Remember?

And by the way, the CEO's have a UNION...It's called the GOOD OL' BOYS union....
You know, where they sit on each others' boards of directors' and their compensation committees and take the pledge of allegiance to promise and swear to scratch each others' backs.....

Quite amazing where unions are greedy and unrealistic to ask for anything but when the CEOs DEMAND and GET something...it is because of the MARKET...

 

[FA Mikey]

They(management) are subject to the same thresholds in terms of performance on the job, and suffer the same losses as anyone else in bankruptcy.

Oh wait, never mind!

 

[AAviator]

Soup kitchens are an often overlooked, and underutilized way of providing nourishment for your family as well!

 

[Ed Norton]

Soup kitchens are an often overlooked, and underutilized way of providing nourishment for your family as well!

Don't forget that Ronald Reagan told us back in the 80s that ketchup is also a vegetable! Save those packets from Mickey D's, add some water and you have tomato soup!!