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Old 04-02-2015 | 10:53 AM
  #3375  
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Schwanker
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Originally Posted by BenderRodriguez
I'll give you the benefit of the doubt on your last post. Let's keep the two things separate. Pay: Our rates versus their rates. Theirs are higher. How does profit sharing factor in? Retirement: I have no clue what their percentages of DB and B fund are. How does that compare to our 15% 401k contribution.
Profit sharing is our dividend for the enormous concessions made over the last decade to make this a viable company. It is our dividend for our sacrifice going forward, only in profitable years of course. It does not factor in to my pay rates. It is here to compensate me for prior sacrifices when times are good. Not for services going forward, but for sacrifices in the past.
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