A+b=c
Part C
Profit sharing is worth 10% of 2.5B + 20% of 2.5B+
2014 was 4.5B
250M + 400M based on 2014 payout. = 650M
If monetized dollar for dollar: 650M
That's a 28.8% pay increase day 1. If you keep profit sharing at 20% above 4.5 billion this is a cost neutral deal.
The original Question was:
Is this to much to ask?
NO!, its too Little!
Cost neutral is a 28.8% raise if we reset profit sharing to 4.5B
Ed Bastian could still say "cost neutral" and we would still participate in the upside.
Disclaimer:
That's just pay. We need to make gains. For every dollar value we give up we are a cost savings to management. Notice I said gains not the c word. I can't even use that word in this, the best negotiating environment in our history.