Originally Posted by
Mem9guy
By putting a number now on 2015 profit sharing they are treating it as a known quantity.
I respectfully disagree. By stating that the profit sharing for 2014 and 2015 are not yet known, and by adding a footnote to the 10% stating that it is an estimate, they are treating it as a conservative guess as to what may happen.
The reader (me, in this case) was left to draw his own conclusions as to the likelihood of the estimate and the desirability of placing this amount of my compensation at risk. Hopefully, the survey will give me an opportunity to express my views on that subject. If not, I will let my rep know how I feel on the subject.
Originally Posted by
Mem9guy
All I am saying is that we should be comparing apples to apples with the contracts of our peers. I think we should be looking at each part of what makes up our w2 earnings and QOL as it compares to our peers, hourly rates, work rules, retirement, medical, and other bonuses. I felt that the last section of the contract comparison used profit shareing to inflate our book rates without giving the same treatment to the rates of our peer.
Agreed. Keep in mind that the document we've been discussing is the Contract History, which showed the history (duh) of our two airline pilot contracts over the past 20 years or so. I recently received the Contract Comparison (I assume we all did) that provides the comparison with our peers.