Originally Posted by
Rogue24
On Profit Sharing. Yes, they may want to monetize some of it. Everyone says no, but what if D-ALPA can get 2-3 dollars for every one traded?
Lets say that another "black swan" event happens and profit sharing dries up, but D-ALPA didn't touch it, and you took a 10-15% pay cut year-over-year? What would you say then?
Any Black Swan event and it's all on the table again as it was before. PS is payback or a dividend from all our sacrifices for previous years of low pay and saving our company.
I have no doubt that the company and union will bring us a TA with PS reduced. It's too easy for the union to call it __% raise over __years and the company will save money...win win. Negotiating Capital that is easily sacrificed. Same as C2012. My vote will be the same also.
I actually like all of us sharing in the success of the company. I truly believe it creates more of a team atmosphere and guys go above and beyond much more than before it was an incentive.