Now, let's talk about "At Risk" pay, vs. a "Pay Raise".
I don't want to trade one for the other, because it is self correcting. If we get a big pay raise, that will come out of the profits, i.e. the overall profit will be lower, due to 'costs' going up.
So we in effect are already trading one for the other, why should we pay for a pay raise, twice??
When it comes to, "Do you want a pay raise or profit sharing?" my answer is, I want BOTH.
When Delta was going into bankruptcy, and again on the way out, they asked us to give BOTH, our DB plan AND TWO PAY CUTS. Not one or the other, BOTH.
As is being pointed out by our LEC guys, Profit Sharing is "At Risk", so you cannot count on that as a substitute for a pay raise, it's not. It's 'at risk' pay. We need to return our regular pay to at least 2004 levels, add in some inflation, and KEEP profit sharing untouched, since we never know how much it will be.
Last edited by Timbo; 02-09-2015 at 09:04 AM.
Reason: spiritual clarity