http://www.dfw.com/mld/dfw/15120572.htm
Gerard will be getting a rise of 23% on his base salary from 527,000 to 650,000
Gerard will be getting a rise of 23% on his base salary from 527,000 to 650,000
American Airlines' Arpey gets hefty raise
- Thread starter AirLUVer
- Start date
I think "hefty" is a stretch when you compare his pay with those of his peers managing a company the size of AA.
I know that all of you anti-management folks out there will start the flaming now, but get real folks, Arpey is still not even close to market rate. I can't believe he sticks around for that pay. But I guess you would rather have someone like Glenn Tilton of UAL leading your company through a bankruptcy, shedding your pensions, moving your highest paid execs to a high rent highrise in downtown Chicago
Let's face it folks, Arpey has done a great job in these difficult times.
Edited to add a quote from this Flyertalk forum
http://flyertalk.com/forum/showthread.php?t=583140
According to Airline Pilot Central , an AA 777 captain makes $152,832 per year for working just 64 hours per month. Arpey will be making 4.25 times as much per year, while working at least 3x as many hours, for operating a machine (AMR) that doesn't have an "autopilot" mode.
Put another way, Arpey and a triple 7 pilot are making about the same hourly wage.
I would love to hear of any other industry where the CEO makes the same hourly wage as any category of front-line worker. (Excluding the CEOs who are so wealthy that they take $1/year in salary just to make a statement.)
Signed......An AA fan
I can only expect the same 23% coming to the rest of the workers, afterall, I'm already paid 25% less than the mechanic rate for a certain low cost airline.
Wretched Wrench
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- Apr 21, 2003
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What an interesting comparison!
Hopeful
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- Dec 21, 2002
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I think "hefty" is a stretch when you compare his pay with those of his peers managing a company the size of AA.
I know that all of you anti-management folks out there will start the flaming now, but get real folks, Arpey is still not even close to market rate. I can't believe he sticks around for that pay. But I guess you would rather have someone like Glenn Tilton of UAL leading your company through a bankruptcy, shedding your pensions, moving your highest paid execs to a high rent highrise in downtown Chicago
Let's face it folks, Arpey has done a great job in these difficult times.
Edited to add a quote from this Flyertalk forum
http://flyertalk.com/forum/showthread.php?t=583140
According to Airline Pilot Central , an AA 777 captain makes $152,832 per year for working just 64 hours per month. Arpey will be making 4.25 times as much per year, while working at least 3x as many hours, for operating a machine (AMR) that doesn't have an "autopilot" mode.
Put another way, Arpey and a triple 7 pilot are making about the same hourly wage.
I would love to hear of any other industry where the CEO makes the same hourly wage as any category of front-line worker. (Excluding the CEOs who are so wealthy that they take $1/year in salary just to make a statement.)
Signed......An AA fan
So Arpey gets a nice raise after we show a modest profit.
Ok, no problem there. But the rest of us union folks see nothing because we have a contract.
I'm still undecided on what to do with the $.40 and hour I received on May 1.
Oh, also, I forgot about the whopping limp sump $25 payouts we sometimes get.
TIME FOR CHANGE
Veteran
We give back so they get more. :down:
Dont give me the BS about other people in his position making more. The door is there dont let it hit you in the ass when you walk out.
Another fine example of pull together win together :angry:
Dont give me the BS about other people in his position making more. The door is there dont let it hit you in the ass when you walk out.
Another fine example of pull together win together :angry:
local 12 proud
Veteran
- Mar 5, 2004
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Let's face it folks, Arpey has done a great job in these difficult times.
Signed......An AA fan
I guess the employees who gave back 1.6 BILLION dollars in concessions did'nt have anything to do with this grand turnaround, I suppose they just sit on the side lines and did'nt contribute to the success of AA posting the best quarterly profit since before 2000.
Your right 'Imagopher' that $100 million management bonus program is well deserved for extracting major concessions and they should all get raises for such a supreme acheivement, In the mean time we struggle still to recover from our losses.
Yea 'Shared Sacrifice' indeed..
We sacrifice and they share the bonuses, and yet they can't understand why trust issues still persist between Labor and management.
Don't bother replying, I think I already know what you'll say. It will most likely go something like this:
...Go get your MBA and start your own airline!
...If you don't like it, just quit!
...Just be glad you have a job!
Thats the three most common replies given by management bootlickers, I suspect yours would fall within that category as well.
Lets see, person A gets an education in a field that is in demand, works his way up in a results driven occupation and get a raise because of his performance.
or
Person B lets a union negotiate his pay, works in a position that is senority based, and then complains that he is underpaid, but refuses to prove that he is underpaid by leaving the company and finding the job that pays him "what he deserves". Therefore in his mind he continues to provide underpaid work to the group he claims lies, cheats, and steals from him.
Tell me again who the bootlicker is?
http://articles.moneycentral.msn.com/Inves...HalfThePay.aspx
They are all overpaid.
The fact is that these guys operate in a "market" that is highly manipulated by those who are providing the goods, in other words executives determine executive pay, hardly an objective means.
Seems that their European counterparts learned a lesson from the arrogance that brought on the French Revolution.We need to start building Guillotines.
We often hear pundits claim that we are an
"ownership society" in that "more Americans own stock than ever before". Similarly it is claimed that the employees own stock in American Airlines but the fact is that we were given options, not stock. I didnt get a ballott to vote with my 433 shares, the question is who did? Who voted on behalf of all those millions of options? Were my options used to vote in the people who gave Arpey my money?
They are all overpaid.
The fact is that these guys operate in a "market" that is highly manipulated by those who are providing the goods, in other words executives determine executive pay, hardly an objective means.
Seems that their European counterparts learned a lesson from the arrogance that brought on the French Revolution.We need to start building Guillotines.
We often hear pundits claim that we are an
"ownership society" in that "more Americans own stock than ever before". Similarly it is claimed that the employees own stock in American Airlines but the fact is that we were given options, not stock. I didnt get a ballott to vote with my 433 shares, the question is who did? Who voted on behalf of all those millions of options? Were my options used to vote in the people who gave Arpey my money?
Hopeful
Veteran
- Dec 21, 2002
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Regardless of who you are, what you do, who you compare yourself to, or who you work for, your only worth what you can get and not a penny more.
Oh really?
What nonsense are you spewing out?
The airlines set out to destroy labor and succeeded. They all decided that all airline workers are overpaid and non productive.
They decide our worth because they have put so many of us out on the street of course there is no demand.
What happens when a CEO resigns or is replaced? Another company run by his/her peers hires him/her and betters the salary and compensation package!
Hopeful
Veteran
- Dec 21, 2002
- 5,998
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Seems that ONEFLYER spends more time under his or her bosses desk rather than AT the desk working.'
Tell me ONEFLYER, why do unions disgust you so much? You're not the one paying dues!
Or is because we greedy airline workers are hurting the company's profit margin therefore lowering the executive salary increase to a pawltry 23%?
WE ARE UNDERPAID BECAUSE YOUR HERO AIRLINE EXECS HAVE THROWN SO MANY WORKERS TO THE STREET THAT THEY CREATED A NEGATIVE MARKET FOR US.
Go preach your "Oh, the greedy union worker is hurting the company" mantra when your on your 2 hour lunch break with your coworkers who are cutting each others throats for the next promotion.
I don't think your a bootlicker! From your posts, you like to lick an area higher than the boots with your lips contacting 2 symetrical roundish blobs of fat.
I choose to belong to a union. My choice,! No gun to my head. Are you jealous we value SENIORITY?
No one will ever tell me what shift to work, when to stay late, when to have days off, when to take my vacation!
You must be proud of corporate America, Oneflyer, where the average woman executive makes less than her male counterpart!
UNIONS PAY THE SAME WAGE FOR MALE AND FEMALE! No glass ceiling to shatter in the union, oneflyer!
I never said execs should not get appropriate compensation. I criticize the OBSECENE COMPENSATION! I criticize ANY COMPENSATION WHEN THE COMPANY IS STILL $23 BILLION IN DEBT!
But Arpey gets an increase because of a profit that EVERY EMPLOYEE SACRIFICED IN.
Regardless of your anti union position,,we took in it the shorts as did other union members and non union as well.
But you never give credit for that, oneflyer! You only defend executive compensation as a just result of supply and demand!
WHO THE HELL MANIPULATED THE AIRLINE WORKER SUPPLY AND DEMAND, ONEFLYER?
YOUR HERO EXECUTIVES!!!!
But don't worry, oneflyer, the comapny will never outsource a buttkisser like you!
You are too valuable in stroking your superiors ego hoping you'll get the next promotion!
I guess its too hard for a union worker to conceive that hard work and productivity would result in a promotion, pay increase, and increased responsibility.
Hopeful
Veteran
- Dec 21, 2002
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