Overspeed
Veteran
- Jun 27, 2011
- 3,245
- 1,065
#1 Significant Early out Retirement Option - Keeping ccurrent retirement medical should be sufficient, with a 15 month window.
#2 Allow currently employees to remain at current payscales and pay premiums
#3 Allow for less license pay/requirement in overhaul for new employees upgrading or hiring into overhaul. Only paying for license required by the Q.A.M.. New or recalled employess only. AA will be able to change Q.A.M. License Requirements, grandfathering current employees into their current status.
#4 New hires will be on new payscale and health plans that wiil allow a transition to MRO payrates/cost for overhaul.
#5 Line pay will then be transitioned to market rates of pay for that work duty.
#6 Hard Freeze the M&R pensions but do not terminate them. All employees transfer to 401K Match.
#7 Allow Overhaul to have an independent profit sharing plan from 3rd party work.
#8 Allow Line to have their own independent profit sharing plan from their 3rd party work.
#9 Both Independent Profit Sharing Plans for 3rd Party Maintenance will be in addition to the new company wide profit sharing plans.
#10 Create an independent review panel to insure proper calculations of 3rd party profits/cost outs.
#11 Recall of RIF's employees will be into new payscales and options, allowing current OSM's to come into full overhaul Maintenance.
#12 Create apprentice type of program to allow all employees without license to get their certificates via experience recognition. Include tuition and license testing reimbursement. This will crreate a new pool of employees that may want to transfer and move to the line stations for the higher pay. Or later advance to Crew Chief/Inspector positions in overhaul.
#13 Allow for full overhaul base 7 day coverage and shift work. Implementing a Bid Shift/Bid Days Off by seniority. This will prevent 20+ year employees from involuntarily being placed in undesireable shift and days off work. New and/or recalled employees will be informed in advance and placed into undesireable shift/days off schedules.
Reasoning, early out will create openings for hire and lower average cost. The more that hired, the more average cost drops.
Line and Overhaul will no longer be on the same payscale, but transfer and seniority list will remain together. Qualifications requires to bump, upgrade, or transfer. As older employees retire, the cost of overhaul reduces.
Get out of my head.