Thread: Profit Sharing
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Old 02-09-2012 | 10:30 AM
  #38  
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Originally Posted by EWRflyr
Not directed at you, APC225.



The current situation is simple and not as complicated as some would make it. When our side couldn't come to an agreement with the UAL side regarding PS, our side used an outstanding CAL contractual grievance to settle the issue. PS was given to us in exchange for settling the the grievance filed under our contract.

Along the lines of the communication from the LAX council, the low UAL pay rates were concessionary pay rates that UAL pilots were meant to live under day after day, month after month, and year after year until a new contract was in place. Hence by their own logic, they should not have been asking for pay increases in the T&PA extension talks. That would be hypocritical after all.
The first paragraph is simply delusional. J Pos wanted to get PS for the CAL pilots within the framework of the TPA. When that avenue was no longer available, he went outside the TPA thereby violating the status quo. To say that a contractual grievance was used to get $40 million is like buying a a pencil for $3k and getting a Superbowl ticket thrown in for closing the deal. The pencil is not worth $3k and your grievance was not worth $40 million worth of harm.

The $40 million the CAL pilots received is not profit sharing. Profit sharing would indicate the CAL pilots are receiving a % of the profits as a % of your 2011 compensation. You guys call it a grievance settlement. I would brand it as a combination management PR stunt and divisive employee wedge. Which one is bearing fruit?

What we should have asked for was a commensurate compensation of $40 million to maintain the status quo. Hey, I've got a fine pencil the L-UAL pilots can sell UCH for $40 million.
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