Originally Posted by
ExAF
You guys can argue the numbers all you want. I really don't care what % of profit sharing we gave up.....With the company's record profit/performance and the fact that they came to us early, I personally don't think we should have had to give up anything that we had already negotiated before in bankruptcy and the merger. Don't get me started on the QOL gives.
Wasn't a "give up anything". We do this thing every few years called "negotiate". It's a process where two parties sit down and work through portions of an agreement are inadequate to future plans and find mutually agreeable ways to amend an agreement.
The Company wanted to cut the plan for the other employee groups but couldn't cut our portion. Therefore we NEGOTIATED to add equivalent value (plus a little bit) elsewhere in the PWA. Other employee groups didn't get to do that, they straight up lost it. Since we have a collective bargaining agent and a contract, they had find another way to pay us the equivalent amount elsewhere.
I'd gladly negotiate ("give up" in your words) the other 10% below $2.5B PTIX for a 4.5% raise right now if it was offered.