Yeah that.
I turned down opportunities that would have paid more at least a half dozen times in my flying career, and don't regret a single one of those decisions. My schedule and home life were more important then, and I can look back now that I'm retired and, what do you know, we still managed to save more than enough money to support the lifestyle that we now enjoy. Nice home - paid for, cars we paid cash for (both bought new), cottage, yearly international travel, discretionary income for our hobbies...win/win!
(And to think, I did that while exceeding 150K only one time in my whole career...)
Yeah that.
I turned down opportunities that would have paid more at least a half dozen times in my flying career, and don't regret a single one of those decisions. My schedule and home life were more important then, and I can look back now that I'm retired and, what do you know, we still managed to save more than enough money to support the lifestyle that we now enjoy. Nice home - paid for, cars we paid cash for (both bought new), cottage, yearly international travel, discretionary income for our hobbies...win/win!
(And to think, I did that while exceeding 150K only one time in my whole career...)
Here the math for ya:Hey all,
Just trying to quantify the decision for leaving FedEx. Right now I’m a 767 CA, but am being forced to downgrade at some point soon down to 767 FO from our latest bid. Also, our most recent TA failed (fortunately!) so we’re stuck at 2020 rates indefinitely.
Additionally, management has recently publicly stated that we are over staffed by 700 pilots so it sounds like we are headed for “4.A.2.b/c” soon (this is what FedEx does to mitigate furloughs by reducing minimum guarantee for everyone). This is triggered by two consecutive bid periods of low credit hours across the system.
Once I’m downgraded I’ll be at a rate of $202.77/hr as a 6 year widebody FO. When we hit 4.A.2.c (which management and the union has pretty much said we are headed towards), my monthly guarantee will be (54-low/68-average/81-high). I’ll probably be senior enough (as an FO) to be at the average of 68.
So I will be making $165k/year. It’s about a 50% pay cut from where I’m currently at, and it sounds like this could last several years or longer.
Looking at 2nd year NB UAL FO pay (new AIP), I see $167.57/hr with a MGT of 70 hours/mo. This is about $141k/year. The MGT I found from APC data.
United pilots, is this math correct? Or is this MGT too low? I’m very dissatisfied with FedEx, but the current numbers make it hard to leave.
Are you writing the forward to the career memoirs of JCs ZapBrannigan, with this?![]()
Yeah, but you’re like 700 years old, so your house probably cost about thirty five cents when you bought it.
JK, I agree with your schedule and home life thoughts.
![]()
My grandparents lived in one of those. (Note: it was not the most aesthetically pleasing structure, but it never leaked.)You forgot assembled on site from a Sears Roebuck & Co. catalog.
Eh, actually stick built four-square from 1910...(pic from 10 years ago):You forgot assembled on site from a Sears Roebuck & Co. catalog.
"Lifestyle"...Yeah that.
I turned down opportunities that would have paid more at least a half dozen times in my flying career, and don't regret a single one of those decisions. My schedule and home life were more important then, and I can look back now that I'm retired and, what do you know, we still managed to save more than enough money to support the lifestyle that we now enjoy. Nice home - paid for, cars we paid cash for (both bought new), cottage, yearly international travel, discretionary income for our hobbies...win/win!
(And to think, I did that while exceeding 150K only one time in my whole career...)
I turned in a resignation today and it was mostly because of this, even if I lose some money and peace of mind in the short term.I don't have input on your overall question, but whatever you do, do not do this. ^^^
"What I tell you three times is true:"
No amount of money can make up for the damage that this will do to you mentally, emotionally, and physically.
No amount of money can make up for the damage that this will do to you mentally, emotionally, and physically.
No amount of money can make up for the damage that this will do to you mentally, emotionally, and physically.
Not sad that you did it. Sad that you found it necessary to do.FWIW, I get the "I hate this I quit" mentality. I basically rage quit a "due-course"/on-track active duty military career at 12 years of service (i.e. over half way to a monthly paycheck starting in my mid 40's), for reasons not unlike the things OP is kicking around. It was a significant financial decision, and I lost plenty of future earnings due to it, no question.....I'll get a reduced pension, starting at age 60 (or maybe 58-59 depending on how the numbers break out), rather than the full pension that in my case would have begun in a few years from now. In hindsight, 100% worth it, regardless of the $$ amount. So I think there are other elements to consider than just the nebulous homemade "lifetime earnings" calculators some airline people seem so obsessed with. If you are truly unhappy, and have been, it isn't an invalid decision. If you are just spooked right now, I think that patience might be the better virtue. It's a solid company, and a job that many would be envious of, and in years to come, will be envious of again. Just my .02, not having any idea what you are currently going through.
FWIW, I get the "I hate this I quit" mentality. I basically rage quit a "due-course"/on-track active duty military career at 12 years of service (i.e. over half way to a monthly paycheck starting in my mid 40's), for reasons not unlike the things OP is kicking around. It was a significant financial decision, and I lost plenty of future earnings due to it, no question.....I'll get a reduced pension, starting at age 60 (or maybe 58-59 depending on how the numbers break out), rather than the full pension that in my case would have begun in a few years from now. In hindsight, 100% worth it, regardless of the $$ amount. So I think there are other elements to consider than just the nebulous homemade "lifetime earnings" calculators some airline people seem so obsessed with. If you are truly unhappy, and have been, it isn't an invalid decision. If you are just spooked right now, I think that patience might be the better virtue. It's a solid company, and a job that many would be envious of, and in years to come, will be envious of again. Just my .02, not having any idea what you are currently going through.
You could’ve been a carrier commander, even CNO. But you threw it all away…..
Yes, I think I’m stuck in golden handcuffs. After getting jerked around in this crap hole profession for years and years, my 401k going into FedEx wasn’t great. I’ve been maxing everything out since day 1, and it’s definitely better but I do pretty much need the pension although a better DC would also make it so I’d have an ok retirement 20 years from now.
Doing the math for United, it’d take three years of me being at 4.A.2.b/c reduced pay before I’d come out ahead at United (assuming NB pay at min guarantee). It’s hard to believe we’d be that stagnant for so long, but who knows at this point.
I am EXTREMELY upset that I turned down United to come here five years ago. I could not possibly have made a worse decision, and my anger at FedEx management grows every day for the double talk we’ve received during and after COVID. I just want to rage quit at this point, even though it’s not logical. I don’t know that I will ever be happy here again and I hate to spend the next 20 years being miserable.
Everyday I wait makes it harder to leave, which is also very stressful. Perhaps once I downgrade, I can just go to “don’t give a crap” mode and checkout. I’ve never been like that, but may have to if I’m going to keep my sanity and stay here purely for the paycheck.
Definitely a lot of bad news at FedEx these days. Base closures, contract talks stalled, and now the resulting system bid that will create a ton of chaotic movement. We have a strike authorization vote next week.
I am definitely going to get downgraded from 767 CA back to FO. I have no clue when I’ll be able to hold CA again. I’m not even off high mins yet! Ha ha.
Almost five years ago I turned down a class at United to come here, hoping to prevent such craziness. It just makes me sick to my stomach that I made that decision. The amount of people that are going to quit will be historic I think.
Just blows me away how quickly this place went from a top choice to complete crap.
I think there are legitimately bad (in the sense of “literally dumb/shooting one’s own bits off” or perhaps “willfully ignorant” or even “reckless”) career decisions you can make, but based on what you’ve described I don’t think either you or OP have made any of them. I’ve watched some people make them; this doesn’t appear to be that.Hindsight is 20/20. I should have made a lot of different decisions over my career as well. I should have worked my ass off to go to Compass when they first started up and flowed to my current shop at least 10 years ago. I would be in a completely different position had I done that. Nothing I can do about it now so there is no need to kick myself for decisions I had no idea would turn out poorly. Hell, there is a good chance that during covid you would have been thinking about trying to get to FedEx had you gone to United in 2018.
Yes. And then if you still find out that you don’t want to work where you are, that you do find it intolerable (this is a thing), lay the groundwork, confer with your trusted loved ones, friends and colleagues, and do what you can.Focus on what you have and see if you actually like the job. Is your QOL good? Do you like the people you are flying with? What about the type of flying you are doing? If you go to your job and are miserable because the job makes you miserable then you should leave. If a temporary setback is the only reason you are looking to leave then I would advise against it.
One thing that I do worry about, outside looking in, for FDX pilots, is exactly what FDX management want the company to become, versus what it is right now. I’m not really quite sure where they’re going.