Originally Posted by
SharpestTool
OK, lets say that Spackle has won the issue on PS. PS is variable compensation, but only to the upside since there is no "at risk" element. LOL!
You are the only one saying that. I've never said it. Profit sharing is unknown and impossible to predict compensation. Since a Section 6 negotiation deals exclusively with
future contractual items, it is impossible to
cost out profit sharing in a Section 6...because we can't predict its future dollar value. If you can't cost it out, the NMB would never allow management to have it be the last stumbling block prior to an impasse. Therefore, all we have to do is say no to any management proposals to reduce profit sharing and the status quo would have to be maintained.
Originally Posted by
SharpestTool
Hang with me here... if PS was to go down due to a drop off in profitability... I know, I know, it never will, the pilots will be good with that.
Again, nobody is saying that but you. A false initial premise does not make your conclusions correct. Nobody but you has ever said profits will never go down.
Originally Posted by
SharpestTool
Certainly good enough that they would never chose to monetize at a higher rate. Therefore we elect to retain full current exposure to PS.
That's also incorrect. Nobody but you is saying that. What many of us
have said is that profit sharing reductions ("monetization") does not belong in Section 6 negotiations. IF we pilots are inclined to do so because a majority thinks we're at the top of corporate profitability, that's great but we must do so AFTER Section 6 is completed. If you include "monetization" in Section 6, you are self funding your contractual gains. That's the problem.
You'll never be able to get people to understand your point of view if you continue to mischaracterize what we think. You'll only succeed in bashing arguments that only you are making.
Carl