Originally Posted by
Big E 757
Uhhhh, because they have more respect for their profession/dignity than to accept "cost neutral" offers during the good times.
Next question- "Yeah? How's that working out for them?
Answer- not too well for them, but with our profit sharing, we will do better without accepting the QOL concessions for an 8% pay raise and reintroducing labor risk to our stock valuation.
Why hasn't your plan worked out for the other companies? SWA has profit sharing and a strike committee. I know FedEx has a strike committee. I don't know about UPS.
btw, 8% is the early raise. Net increases in the agreement are over $1.1B according to the negotiators.