Originally Posted by
sailingfun
If you lock in 25,000 verses a possibility of 25,000 that is a big gain. Delta is now returning yields in line with most companies. It's not likely those yields will go much if any higher. More capacity will flow into the market place preventing that. It's far more likely that Over the next 10 years profits will drop. If they can maintain the yields for a profit increase they will need to expand which means more employees and the same amount of profit sharing per employee.
Again if tomorrow Delta offered a 14% raise to end the profit sharing we should jump all over it. They won't offer it however because it would not be a good deal for management.
Sorry Sailing but we've already paid for our profit sharing why should it be on the table? Our pay raises should be totally disconnected from the profit sharing. And a 14% raise is all it would take to have you give it up, then you sell yourself short.