Originally Posted by
Sounds
What other industry even considers giving profits like this to employees? Serious question here. What other industry values the employees over shareholders? Certainly not many. In my eyes you're comparing economic relations apples with labor relations oranges.
The NMB won't hold your view.
Employee give backs/forced concessions played a huge part in allowing the company to be as profitable as it is today. I'm sure you'll remember most of these give backs came from us. Lost retirements, furloughs, massive pay cuts, work rule concessions, etc. Profit sharing was negotiated in that environment as some repayment. Now you can't wait to give it up just as it begins to pay us back. It's going to take a lot of profit sharing years like last year to make up for the taken retirements. Most unfortunately don't have that many years left.