Originally Posted by
orvil
Sorry to burst your bubble. You are a not alone. I share your view about profit sharing.
I am not management. I am not a stockholder. I am an hourly wage worker. I do not change how I conduct my little operation based on corporate profitability.
I want this compensation in my pay rates and work rules. Both for the good years and bad years.
I disagree. I want to keep the profit sharing but not because we happen to be making record profits at the moment. Rather, I believe management will always be willing to pay more, in the long run, when a portion of it is tied to profitability, because they know they can afford it.
They still remember C2K, where we continued to take 4.5% raises while the company was losing literally billions, so they will be hesitant to pay us what we "deserve" without the flexibility to reduce it when the bad times come. So, I'm willing to risk the downside, but keep the upside when its here. It is also a way to pay us more without looking like our payrates are outliers compared to our peers.