This past Friday (June 26) Delta Air Lines and DAL ALPA released LOA #20-02, “2020 Voluntary Early Out Program (VEOP)” to “incentivize pilots to retire in lieu of a possible involuntary reduction in pilots.”
In a separate memo from Director of Flight Operations, John Laughter, he reiterates his message from previous communications “early retirements alone likely won’t be enough to avoid pilot furloughs altogether.”
Delta’s summer revenue continues to be down by 75% according to the memo and while it mentions the recent uptick in demand, Delta believes it will take “at least two years” to recover to pre-covid levels.
Laughter goes on to say “we will send notices to 2,558 pilots as required by the Worker Adjustment and Retraining Notification Act (the “WARN Act”) next week to let them know of a possible furlough.”
The memo goes on to state, “We hope that we will not have to reduce jobs involuntarily and are prepared to continue discussions with your elected representatives.” “We look forward to working with ALPA on this next critical piece of our plan to protect as many-if not all-pilot jobs through the pandemic.” Our perspective is, this language directly opens the door to begin discussions on contract concessions with the future promise of jobs saved.
“Separations under the VEOP will begin no earlier than September 1, 2020. All Program Participants awarded a VEOP will be separated from employment no later than January 1, 2022.”
- The pilot is not an officer or corporate director of the Company
- The pilot is on the Delta Air Lines Pilots’ System Seniority List as of the date of the opening of the VEOP application period
- The pilot is on active payroll status on any day during the period of 12 months from the beginning of the application period (exceptions are made for Military leave)
- Actual or deemed age is at least 50 and has at least 10 years of service
- Actual or deemed service is at least 25 years of service (YOS)
- Actual or deemed years of age, combined with his actual or deemed YOS (minimum of 10 YOS), adds to a sum of 70 or more
Participation in the early out program will be available for approximately 7,800 pilots.
58 hours per month from the date of separation for 36 months or age 65, whichever is earlier at the highest pay rate of the position held in the June 2020 bid period until the pilot reaches 65 years of age or for thirty-six (36) months, whichever is earlier.
Upon separation, the pilot and dependents will be able to remain enrolled in medical, dental and vision coverage as well as participate in future open enrollment periods. Delta will pay all premiums for the coverage until age 65, but no longer than twenty-four months from the pilot’s separation date.
Participating pilots will be paid unused earned vacation and vacation accrued, provided with 8 confirmed space round-trip passes without expiration, active travel benefits for 365 days, then standard retiree travel benefits.
BREAKING NEWS: The HR system is BROKEN!!
SECRET: Hiring managers HATE it as much as YOU do.
FACT: Job seekers are FLOODING recruiters with resumes DAILY.
THINK about it, RECRUITERS spend 8 SECONDS, on AVERAGE, REVIEWING your resume.
That’s 2 hours and 12 minutes review time per 1,000 RESUMES.
With THOUSANDS of pilots APPLYING to jobs ONLINE daily…
RECRUITERS don’t have TIME to get to KNOW the REAL YOU.
That’s why YOU only have a 3% CHANCE of getting a job if you APPLY ONLINE.
STOP THE INSANITY…GO AROUND THE SYSTEM
WATCH this SHORT video with 2 aviation HR professionals
Here’s How To Get It Done:
1. Comment on LinkedIn daily.
Use the 80/20 rule.
80% relevant PROFESSIONAL posts, 20% PERSONAL.
HELP RECRUITERS get to SEE the REAL YOU, not the resume you.
YOU’RE much MORE than a SHEET of white PAPER.
2. Every COMMENT you make should be filtered through this lens.
Does this post, comment, or article show how you’re:
- SHARP as a tack
- An EXPERT in your field
Most people hit one or two of those, but not all three.
3. Don’t be just like everyone else. Posts like “that’s great” , “awesome”, and “congratulations” tell us nothing about you.
Add to the CONVERSATION…
DISAGREE and bring up COUNTERPOINTS.
CONFLICT drives ATTENTION and ENGAGEMENT, not harmony.
Think about your favorite movie.
Now remove all of the conflict, would it still be interesting?
Conflict and disagreement are OK and is very different from being disagreeable or argumentative.
DO THIS and your SUCCESS goes from 3% to 50% OVERNIGHT.
“There’s a lot you can do far above and beyond being positive. There is no reason to be hopeless here, you can take control over how you adapt and react to highly unfair circumstances…Hopium, irrational or unwarranted optimism, is a dangerous and addictive drug. Friends don’t let friends do Hopium…it’s equally as dangerous as hopelessness but for different reasons.”
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Think About the Benefits:
- Help your career development or transition
- Get featured on social media and draw way more attention from recruiters
- Great achievement to list on your LinkedIn profile, resume, and applications
Click here for the NGPA scholarship opportunities.