Originally Posted by
Carl Spackler
Everyone? I don't remember a SINGLE POST where anyone said what you claim. All I remember is uniform anger at our NC for giving up ANY profit sharing to help self-fund our contractual gains. Your claim is pure BS.
See above. Your own false premise doesn't make you credible by stating current fact.
No, it's returned 19.7%. But your post is a typical example of the unionoids who want us to only focus on pay rates...while ignoring worse scope, worse work rules, worse profit sharing, etc. You need new talking points dude. These are so 2012.
Carl
I do remember numerous posts on the BBQ forum on this topic. I stated then our PS would increase dramatically when profits went far above $2.5B. It seemed impossible then to many but now that it's fact it doesn't seem so impossible does it? Sorry if you didn't read them on there. "Self-funding" is converted PS to a raise immune to the marketplace. At 2% cash off the bottom of PS for an additional 2% raise it's a wash. BFD.
The actual net raise was 17.7%. Remember the 2% profit sharing swap was a wash? But then there is 1% more in DC. More vacation pay. More sick leave. More of many other areas too numerous to list. Side letters increasing a day of pay ultimately to 5+15. These all have value and their benefits are real.
And of course the coups de grace - increased profit sharing which is worth an additional 10% of pay than it was before. Thus, a net gain of 30%+ more from where we were. Why selectively not count profit sharing? It's an increase in your W-2. American pilots sure look at our PS and count it. And wish they had it.
It's not BS. It's a fact that many such as yourself tend to selectively ignore. Stop being so negative and try being a bit more balanced. Your credibility might increase.