Originally Posted by sailingfun;1718373[B
]If we could monetize the profit sharing at this years profit level it would be incredibly stupid not to do so. The company is highly unlikely to go for that deal. [/B]
There have however been no discussions with the company on profit sharing or about a early contract opening contrary to your posts.
How do we do that with the above not being counted as a raise?
I am solidly with Jerry on this one. When we were exiting BK, DALPA lauded the profit sharing - so why ditch it with record profits coming in?
Use common sense and remember our management is always one step ahead of us - if the company wants us to monetize our PS what does that tell you?
Initially I was very skeptical of PS but I trusted DALPA and they were correct - it was/is a good deal.
The industry has indeed changed - we are making record profits with a lackluster economy - when has this ever happened before?
I know that there is a risk with PS but I for one am willing to accept this risk over the risk of monetizing PS and that counting as our raise.
If we do pull in around 12% PS this year I think keeping PS will be high on everyone's survey. Too bad we will not have the final numbers until after the survey is closed.
Scoop
