Originally Posted by
SharpestTool
Management's team will come up with an estimate for what our current PS is going to cost them down the road.
They can make all the estimates they wish, but it won't be counted by the NMB in this Section 6 process. It can't be counted because the foundation of profit sharing is future profits...which are unknowable.
Originally Posted by
SharpestTool
That cost will go into the overall pie.
Not with the NMB they won't. If it gets rolled into the overall pie, it will be because our union agrees to this concession that would never be tolerated by the NMB's costing analysis.
Originally Posted by
SharpestTool
All things equal and comparing only pay rates and PS, fixed pay rate increases will vary inversely with the degree management is exposed to PS commitments. The higher the cost of PS, the lower our fixed pay rate increase potential.
Completely incorrect. Pay rates and profit sharing are only connected historically. They cannot be proportional in any way when negotiating a Section 6 contract because Section 6 deals with negotiating
future items.
Originally Posted by
SharpestTool
Again, no free lunch or perpetual motion. Just a choice on how much risk exposure we want to have.
Nobody is calling profit sharing a free lunch. Profit sharing simply has no quantifying capability in Section 6.
Carl