HelpWanted.com

American Airlines CEO vows to hike wages

American Airlines CEO vows to hike wages

Robert Isom, American Airlines CEO said this week that the company will revise its pay proposals for 14,000 of its pilots, acknowledging the increased pay standards since the company made its most recent offer before the pandemic. The Texas-based airline had previously floated a 4% date-of-signing increase plus 3% annual raises after that. But it was put on hold due to the pandemic. In a video message to pilots posted on Monday, Isom said, "It was industry-leading at the time we proposed it. As the pandemic wanes, the standard for compensation has gone up."


Isom's message comes just two days after two of American’s subsidiaries, regional carriers Piedmont and Envoy, extended big raises to their pilots. This included a temporary 50% pay hike through the end of August 2024, in hopes of easing a pilot shortage that has curbed growth plans. Meanwhile, United Airlines became the first major carrier in the pandemic to reach a contract deal with its pilots' union. 


Pilots at American Airlines and those at other carriers, including Delta's have been picketed in recent months to protest the grueling schedules airlines have planned to capitalize on the rebound in travel demand. A spokesman for Allied Pilots Association, American's pilots’ union said that the company will have to do more than raise wages. He added, "There is no work-life balance."


Source: CNBC

Tags In
IT Skills

Previous days news

Jun 15 Jun 13 Jun 10 Jun 8 Jun 6

You might also like

Best tech jobs in the United States : BLS data

For several reasons, the IT sector is appealing to job seekers. ...Read more

Salaries for Californian fast food employees might rise to $22 per hour

Despite the opposition of restaurant owners who worried it would raise customers' bills, California Governor Gavin Newsom on Monday signed a nation-leading law providing more than 500,000 fast food employees additional authority and rights. ...Read more

Workers leave as job dissatisfaction grows

Demands for improved pay and workplace environments are coming from workers in California to New York. ...Read more

Microsoft offers graduates from African nations job prospects in the US & Canada

New graduates from institutions in Nigeria and other African nations have been made aware of job prospects by Microsoft. ...Read more

Casper is hiring professional sleepers

A mattress company is searching for a role where napping while working is not only acceptable but also required. 'Casper Sleepers' are being hired by Casper, a New York-based business established in 2014. ...Read more

Others news
Category
Tags
Women Empowerment UX Jobs Follow Your Passion Richest People In America Engineering Institutions Job Market In 2021 Migrant Workers Social Network Aviation Jobs Startups Revenue In India PLI Pharma Jobs Job Sector In India Canara Bank Labor Market IT Industry Jobs In Germany Sensex Artificial Intelligence Ministry Of Finance Remote Working Jobs In Haryana Employee Retention Coal India Indian Job Sector Indo-Tibetan Gig Roles Employment MSMEs Guidance China Microsoft India Maharashtra Govt Fresher Hiring Public Health Jobs Job Loss In India Indian AirForce Jobs In Bengaluru Bots Medical Jobs Women Unemployment Kerela Govt Twitter VFX Gap Year Agro Jobs Tech Mahindra Industrial Workers ESW
Articles

A Quick Look at The Great Resignation

The Great Resignation, as experts call it, is a rather fitting term for a phenomenon where millions ...Read more

Are 4 day work weeks the future?

Robert Owen, a Welsh textile mill owner, social reformer, and labor activist came up with a slogan ...Read more

Top 5 Challenges of HR Professionals During COVID-19 Pandemic

When it comes to the talks of the unemployment rate due to COVID-19, experts compare it to the Grea ...Read more

What Are the Costs to Consider While Planning A Recruitment Budget?

If your organization is on a hiring spree too, one of the key things to consider is the recruitment ...Read more