Originally Posted by
hitimefurl
That's about 25% over 3 years. We needed 18% to match American and they are two years behind us for the next contract. PS would still be 2-3 months each based on estimates using Jerry's numbers. That puts ER FO up to almost $200 an hour or so with override which was C2K Tristar pay. $230K-$260K a year with an 87 average and PS. Easy $300K plus with only a few Greenies and no busting my knots.
For the "you won't see the C2012 3/3 that would make this year around 15% I think...? I got no beef with the pay/credit compromise as long as we can make it work in PBS.
I've flown with plenty of guys that said 25% alone over three years would be okay. Especially the older ones.
Except that it's not 25%.
It's 25% - 5% (W-2 net of 10% cut of the payout $2.5-$4.5B) of profit sharing = 20%
Of that 20% the company will cut profit sharing to other employees and save the company 10%.
Thus the "cost" to the company for our "raise" is 10% more money. It's on our backs and the other employees. How clever.
Doesn't sound like they really want a deal.