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Old 05-28-2012 | 04:10 PM
  #29  
Reservebum
On Reserve
 
Joined: May 2012
Posts: 10
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From: DC9
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Inflation HAS to be factored into compensation rates. I can't believe it was not even mentioned in any of the ALPA correspondence. What gives?

- Delta certainly raises ticket prices to compensate for inflation.
- A zero (0%) pay raise over 3 years is actually a 7-8% pay cut, so...
- A 19% pay increase over 3 years is therefore only actually around 12%.

Don't believe inflation exists?
Try the Bureau of Labor statistics Consumer Price Index (CPI)
or
Annual Inflation Chart