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AMC pay scale.

AMC pay scale.  

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Author: ECON 101   Date: 5/15/2019 9:10:06 AM  +0/-0   Show Orig. Msg (this window) Or  In New Window

So your saying the same market forces that drive all industry don't apply to the helicopter industry.

That's amazing!

One major problem with this industry is, we have people who have no were else to go.  That means people feel stuck and lose their power to bargain because they're afraid to loose their job.

I.E- We get low pay because of that, Plus we don't move large amounts of people-(see responsibility) vs Airlines.

One thing that is changing that right now is the airline shortage.  We are seeing a slow steady uptake in wages because of market force, not the unions.

What a lot of you are advocating for is government run air programs like General Motors.  The Unions ruined the American car industry by making us less competitive.  Government bails them out, plus now gives them tax payers money to help keep them going.  So as AMC fails because we have bad pilots, bad management, and people wanting money for doing nothing...I guess we will because and all will be well.

Basic ECON shows us that if there is a need it will be filled.  So if they need helicopter pilots and there are none, pay will go up until the market reaches to saturation point.  But because the Unions monkey around with the money not based on market forces we all lose.

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AMC pay scale. +0/-0 The something from the lagoon 5/11/2019 8:25:37 AM