Originally Posted by Check Essential

Not exactly true.
We might have taken a big hit on the profit sharing for this year. Depends on the level of profits.

Read the fine print.
We still get the 15% this year but the 20% doesn't kick in until profits reach $2.5 billion.
It used to start at $1.5 billion in the previous contract.

It will be interesting to see how much we gave back with that item.
It will be REALLY interesting in 2013 when the 15% drops to 10%.
That little detail could cancel out our entire 4,8,3,3 "raise".

It's OK though. We brilliantly negotiated to work more hours each month to make up the loss.