Originally Posted by
Timbo
Have you guys seen today's rumor on the ChitChat board?
9,6,4,4, with reductions in profit sharing to help pay for it, oh, and other manning concessions too.
Supposedly leaked by an insider to get a reaction.
Kind of like CDO's I guess.
Well my reaction is twofold, vote no and send in my renewed DPA card.
I agree with the poster that indicated "why rush to a substandard agreement?" The profit sharing check is going to be real $$ the way the contract is written now. If the company is so determined to lessen the percentage they must know this is likely to continue.
It's gonna take a good bit more than 9/9/6/4 for me to vote yes on anything that degrades the PS payout. It could easily be 25% this year.
Time value of $$ folks.