Originally Posted by
krudawg
It's been pretty quiet about the raging debate over retro pay should be a signing bonus.
I guess all the b3 (bottom 3rd) figured out that since the bus and guppies got the biggest raise under this TA that calling it retro and distributing based on W2 wages is now Fair. Imagine that.
Interesting that the company refuses to acknowledge the grossly inadequate $400m as retro, but the UAL MEC calls it that and is divvying up the money with another formula (see bond distro), and not a crumb for the furloughees. Let the lawsuits begin...
IMO, we need Retro
and Equity. They are not one in the same, they are based on different principles. This Lump Sum is crap.