Originally Posted by
ERflyer
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.
Good point. So it's close to 2% above American and PS is roughly the same payout as 2015 will be right?