Originally Posted by
pilotjockey
why, well thats easy, because leaving that much money in someone elses hands for over a year and only if they dont figure out a way to lose it is a bad thing. do the contract first and give us the raises then move a bunch of ps to even higher rates
managment will find a way to f it up, and we will get left holding the bag, no thank you
That would literally be the definition of cutting one's nose to spite their face. Right now, as it stands, the company has to give away a 20% of every dollar made above $2.5 billion. When considering the amount of profit the company is forecast to make over the next 2-3 years, dragging out this negotiation puts nothing but money in our pocket while management drags their feet.
The company is not about to eliminate profit dramatically while our industry counterparts bring in record profits. The stock price would get a kick in the pants and we all know how investment grade we want to be.