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Old 06-21-2015 | 01:13 PM
  #68  
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DAL73n
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Joined: Dec 2009
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From: 737n/FO
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Originally Posted by LeineLodge
I'm guessing the OP did the same math that I have done and realized that the profit sharing is not being "lost" but rather converted to pay rates that we will get whether Delta makes a profit or not.

Now if you are saying that it should be more or that we should have kept both, I agree but that isn't the choice I'm faced with right now. It's a decision between what is on the table and the possibility of going back for more, with no guarantee (or likelihood IMO) that we will significantly outpace the $ on the table to an extent that it justifies the risk of the $ in hand.

Now if your thing is the FO trip pull issue then that is separate from the $, and I can understand where you're coming from.

On straight $ though, the math and probability do not favor us doing better by sending it back. It's not FUD (as I'm sure I'll be accused of in the subsequent posts) it is basic math that would require a relatively quick, better deal.

My guess is most yes voters have done this math and come to a similar conclusion.

The next consideration is how a yes or no will play out when the profit rocket changes trajectory. Will we make billions in profit forever? Maybe, maybe not. The PS conversion puts $ in my account as if we made $6B every year whether we do or not.

I want it to be more too, but that isn't the decision we're making now. The choice is:

Yes I'll take the deal

OR

No I'll take door #2 which allows me to keep all my trips* in the PBS run but will possibly/probably result in less $ IMO


* I keep mentioning this because it is the only issue I have with the TA. The rest is overblown, mostly because it is being painted in a negative light by the NO sales team. I am specifically referring to sick, profit sharing and scope. I'm satisfied with all 3 of those topics. FO trips not so much but I will probably get over it weighed against the rest of the positives.

Flame away!
With Delta Scheduled to make record profits at or over $6 Billion profit sharing will make up for the lost pay raises (for at least the next 2 years and I guess it is possible we will be parked for a couple of years). While you think the pay raises are sufficient I believe the simple fact that DAL (based on the calculations of Analysts with a number of large brokerages) will actually come out ahead of the curve with the concessions on Profit Sharing and work rules will save DAL more than it pays out in our raises. That is my simple bottom line - we are not getting ANY of DALs improved profits.
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