Originally Posted by
TED74
Professor,
Are there any graphs and charts to show total compensation differences with the TA for an 8-year FO on junior equipment? Or even a 2-year FO? It's one thing to weigh the pay vs. concessions for 777A. But those on the bottom (a staggering number with all the latest hiring...though many can't vote) make IDENTICAL concessions for WAY less money. Of course, they also make GREATER concessions for items like the LCA OE line pulls.
This contract is amendable is 3 short years - before retirements even kick into full gear. High-end pay numbers are irrelevant to all but a few, but they seem to be the prime focus of the MEC.
Yup. Why anyone in the bottom half of the seniority list would vote Yes to this is beyond me. I'm in the highest paying category, I'd reap the biggest reward with the 8% raise and the LCA won't affect me at all. I'm voting NO because I do not believe we got all we could get out of a company that is going to make more in this quarter than the entire value of this TA over 3 years!
We were raped in bankruptcy, there is no other word for it. We lost 42% of our pay, many of our QOL benefits, and all of our retirement. About 1400 guys were furloughed. Many guys lost their houses and/or got divorces and there were 8 suicides. If you weren't here for all of that, I can see where you might not be as PO'd as the rest of us who had to live through that.
The only reason we got Profit Sharing in the first place was due to the Billions we gave the company in making those sacrifices.
We have been slowly clawing our way back ever since then, but as you saw in 2012, and now in this POS TA, our MEC is constantly trading away stuff we have already negotiated for, for pittance raises of 3%. We are still today, 18% BELOW our 2004 pay rates, AND our Retirements are severely underfunded!
This company is now making BILLIONS! Some of that BILLIONS is OUR RETIREMET money and OUR PAY CUTS and the JOBS LOST with PBS bidding and the rest of us flying 87-92 hours a month!
GIVE US BACK OUR MONEY FIRST!
Then you can "Reward the Shareholders".