Phoenix
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- Apr 16, 2003
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Uh, oh.... Retro Pay agreement changed after ratification.
When we voted on the MOU the retro pay was calculated by each pilot's pay rate immediately prior to the effective date and multiplied by the number of eligible hours (i.e. if you got a pay rate increase before the POR effective date you would have that rate multiplied by the total hours since Feb 8th..... But after the MOU vote the company clarified with a letter and asked for a signature from the union to indicate their agreement... You can read for yourself who signed it. They complicated the calculation, but suffice it to say their change benefits them instead of the pilots. I know. Big surprise. This is a very complicated accounting calculation but have no fear the company has already resolved the issue.
When we voted on the MOU the retro pay was calculated by each pilot's pay rate immediately prior to the effective date and multiplied by the number of eligible hours (i.e. if you got a pay rate increase before the POR effective date you would have that rate multiplied by the total hours since Feb 8th..... But after the MOU vote the company clarified with a letter and asked for a signature from the union to indicate their agreement... You can read for yourself who signed it. They complicated the calculation, but suffice it to say their change benefits them instead of the pilots. I know. Big surprise. This is a very complicated accounting calculation but have no fear the company has already resolved the issue.
