Originally Posted by
notEnuf
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.
Your numbers are again not accurate. You could easily have checked them since you did get the formula right. The actually profit based on the metric for profit sharing was far higher then 4.5 billion you quote. Make sure you use apples to apples. 1.1 billion in PS came from a profit around 6.5 billion last year. That means that this years profit sharing will not be anywhere near the 28.8% you claim. It will however be a very nice number. Probably around 20%.