Originally Posted by sjt9721
Not-for-profits have to make money, too.
And PHIs pay includes community outreach & PR which is time above your scheduled flight shifts.
Regarding profit, you are somewhat correct.
NFP's that 'need' to make money don't have to make money for stockholders in the form of dividends, splits, or price.
However, NFP's that are extensions of a hospital don't need to make money as an independent operation. They can function as
loss-leaders whereas they often operatethe flight program at a loss, but they are able to funnel patients into their parent hospitals where they can then generate income which will cover the loss and translate into profit for the hospital.
Not sure what you are trying to say about PHI's pay, outreach, and PR...that's simply good practice; good for them. All I was saying is that PHI pays a lot (comparatively), and offers a good benefits package. Unfortunately, a publically-held company (like PHI), will not operate a flight program to the detriment of it's stockholders, meaning the employees trade job security for higher pay. This is not a criticism, it's simply an observation. PHI has already closed or downsized non-revenue operations...it's simply good business sense, and I would do the exact same thing if I was in charge.