13-Apr-2016 1:31 PM
ALPA believes profit sharing is favourable on top of solid base pay rates
ALPA MD David Krieger, speaking at the CAPA Americas Aviation Summit 2016, stated (12-Apr-2016) there needs to be a mix of profit-sharing and salary increases on offer for employees. There is "something attractive about a variable portion of pay; we live in a cyclical industry," he explained. However, then the question arises if profit sharing is in addition favourable base pay rates. If pilots are satisfied with their base pay, then profit-sharing is "a nice piece to have on top of that."