Originally Posted by
FlybyKnite
OK, don't trust my public math skills; how about the Block 1 Rep who in his most recent message said the following below. Note his 11.4% vs my 12%; yep, a "real raise" if it had happened
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Does the DOS (date of signing) pay rate increase of 10% account for for 3% year over year increases since March of 2012, as described to you and your MEC?
No. Even though a 3% year over year slope is considered to be the bare minimum, it wasn't met. To substantiate the claims made in the video clip above, the DOS increase should have been just over 11.4% - not the 10% DOS increase contained in this TA, and certainly not 8% as mentioned in the video. In the 2010 'Bridge' TA you got 3% year over year raises while the economy was falling apart. Not meeting that minimum slope this time as claimed will cost you approximately $92 million. Again, that mistake coupled with the miscalculation of the signing bonus (another $13.3 million deficit) are more than enough to offset additional income from the Bridge TA during 2011 and 2012. See references (1)(2)(3) below.
Fly,
What you are missing is that we got a 3% raise in 2012. Our next scheduled raise would have been 2013. I asked the block 1 rep about this and he agreed that 2013 would have been the next raise. I then asked him how he came up with 44 months without a raise instead of 32. He couldn't, yet he still hasn't corrected his math. If you take a 3% raise in 2013, a 3% raise in 2014, and 2/3 of a 3% raise in 2015 (because we would get that raise in Nov 2015) and compound that annually, you come up with an 8.2% raise. Last time I checked, 10%>8.2%.
The block 1 rep made a statement, he hasn't shown the math because his math doesn't add up.
I tend to trust what the ALPA accountants have said rather than the unproven statements of the block 1 rep.