Originally Posted by
Boatbuilder
First off I'm not generally in favor of trading away profit sharing. I see it as good for the company and the employees.
However looking at the alternative and considering the history of this industries profits and the threats against us is there a value in monetizing profit sharing while we are making huge profits? Locking in the gains so to speak?
No, pay rates, and profit sharing should be kept separate of each other. Also, it was forced on you as a concession to sell a bankruptcy contract.