Originally Posted by
Carl Spackler
You're assuming we could monetize pay rates accurately based on unknown future profits. We can't. Even if we tried to err on the side to ensure our pay rates definitely equaled future profit sharing, what possible incentive would there be for management to do that? They would just keep profit sharing where it is.
Management doesn't want to give up the money that is about to be required from the profits that are about to come. They have that forecast...we don't. This is why any foot dragging could inure to our benefit.
Carl
How do you know what management wants? You're the one who likes to remind your fellow pilots that they are line pilots and don't know anything; what makes you different?
We can speculate what management wants until the cows come home. Are there windfall profits coming that will make our profit sharing worth 50%? 100%? Maybe.
Right now the only evidence that management wants to do anything with profit sharing other than pay it each Valentine's day is an anonymous webboard poster's hearsay about an unknown person with an ALPA lanyard in the crew room talking about profit sharing. I think it may have been the one armed man.
Also, I haven't assumed anything. Profit sharing has an finite and an infinite part. It is pretty hard to cost the infinite part but the finite part is a hard number. Would you trade the finite part on a 1:1 basis? Guaranteed money in exchange for non-guaranteed money with no penalty is a no-brainer. I say leave the infinite part alone. I'm okay with that risk.