Dear Sisters and Brothers:
District 142 members at Hawaiian Airlines in the Mechanic & Related Collective Bargaining Agreement have overwhelmingly voted YES to adopt the Performance-Based Pay Plan offered by Alaska Airlines.
Over the last seven years, the Alaska incentive plan has paid out an average of 8.8% of earnings compared to an average 3.0% payout from the current Hawaiian incentive plan. The major points of the plan include:
The Performance Bonus Plan (PBP) targets 5% of eligible earnings based on performance and profit. The plan targets vary each year. For example, the targets for 2025 are broken down as follows:
- 20% will be based on safety topics
- 10% on Guest Experiences
- 10% Sustainability
- Up to 60% Profit multiplier will be applied depending on if/where Alaska finishes in the top 3 pre-tax margin vs its competitors.
The Alaska plan will now replace the current contractual language in LOA 12 of the IAM CBA.
In addition to the plan above, an Ops Performance Rewards (OPR) program unique to each separate work group will also be offered. It is awarded on a quarterly basis (if the group qualifies) with a maximum yearly payout not to exceed $1,800.
IAM representatives began conducting roadshows at Hawaiian Airlines stations starting on January 12 to answer questions and explain the Alaska plan in greater detail.
If you have any questions or concerns about the results of this vote, contact your Shop Stewards or General Chair. Thank you for your support and solidarity.
Sincerely and fraternally,
John M. Coveny, Jr.
President/Directing General Chair
David Figueira
General Chair
Derek Morton
Vice President
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