Originally Posted by
frozenboxhauler
Chainsaw, gotta look at the big picture here. Firstly, what is your definition of "concessionary"? Do you expect the Company to offer us LESS than we're making now? THAT'S CONCESSIONARY! fbh
fbh, I would say that any amount of pay raise that falls below REAL inflationary numbers, (not the fake 3% the government puts out) would be concessionary. I haven't done the research, so I would conservatively estimate the real inflation rate at least twice that at 6%. Now add all the years we didn't get a pay raise plus all the years we are supposed to get one in the future. We are moving back AT LEAST 3% buying power every year, if not more. So in 6 years, I would say you would be down over 20%. Someone on this forum earlier gave the example of a new truck going from 33K in 2008 to 60K in 2015. I guess that is what I would consider concessionary. Just not moving backward every year.
