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Old 06-06-2015 | 03:49 PM
  #5885  
sailingfun
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Joined: Feb 2008
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Originally Posted by Purple Drank
Incorrect.

The 18 month window is protection for us in this situation. It keeps management from giving, say, 29% of the employees raises every six months to circumvent a review for us.

If more than 30% of the other employees get raises next year, it will trigger a review for us.

Between that and the profit sharing, I don't understand why we'd rush into something right now. The PS completely neuters any "Time Value of Money" argument.
I hope your statement is correct however I was told that a review can be triggered only every 18 months. Reading that section seems to confirm that.

If, during any consecutive rolling 18-month period, the Company grants an across-the-board increase in base pay rates to non-pilot U.S.-based workgroups covering 30% or more of its non-pilot U.S.-based
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