Old 09-28-2014 | 02:47 PM
  #68  
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satpak77
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Originally Posted by kingairip
According to Parker, profit sharing is not a good way to compensate employees. He believes that employees do not value it and it costs the company a lot of money. Also, he said "good companies do not pay profit sharing" or words to that effect. He says you don't see profit sharing in any other industry except auto manufacturing (which are historically poorly run.) He's on record as saying he wants to pay us more than our peers on a per hour basis to make up for the lack of profit sharing. He thinks we can reach an agreement that makes up for the lack of profit sharing with a higher dollar per hour figure...he thinks the employees will like that better and it will be cheaper for the company. We'll see just how much more he's willing to pay us...this JCBA goes to arbitration on October 16th (I think?)

Not sure what you mean by this "I wonder if the goal to eliminate profit sharing will be accomplished." AA pilots don't have any profit sharing right now. It's already gone.
OK, I thought you had it. My mistake.

Re: comments above, see this link, and #2. Maybe Parker needs to hit Google...

The Twelve Attributes of a Truly Great Place to Work - Tony Schwartz - Harvard Business Review
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