New pay proposal will be effective the 13th of this month. Pay is no longer based on Effective Flight Hours, it is straight duty pay now. New FO pay is $12 a duty hour, with a $5 an hour override after 11 hours. Guarantee is based on 64.6 hours a pay period or equivalent to 140 hours a month. I'm expecting it will be around $1300-1400 a month after taxes. There is also a year end bonus that you will get in November as a "thank you" for staying all season. It is $4 for every hour you flew from Dec 07 to Nov 08.
All in all, it's an improvement, and should good this summer when we get really busy. Also, they brought back the training contract for new hire FO's. Don't know all the specifics, but that will be effective for all new hires after April 13th, and it's a 12 month agreement.