Originally Posted by
Pro Fessional
Well, that's a total of about 30% (actually 29.36%) compounded one year and seven months from now.
... Or we could walk away and still be in Section 6 negotiations then with no end in sight. The absurdity of saying "anything less than 30% is a NO vote" without any regard for the rest of the TA and considering the time value of money amazes me. To those of you making statements like that - have you considered how big of a raise it will take three or four years from now at the conclusion of prolonged Section 6 negotiations to make up for 3 or 4 years of no raises in the meantime?
Me? I will evaluate any TA in its whole. I have not developed any "lines in the sand." I would love to get back to C2K rates, especially adjusted for inflation, but I will be pragmatic when I evaluate any TA. We should all do the same.