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Old 09-27-2015 | 01:56 AM
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PicklePausePull
Gets Weekends Off
 
Joined: Jul 2007
Posts: 395
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From: MD-11
Default Real Dollar Benefit and why I am NO vote

Just a simple monetary analysis of the benefit of this TA in real dollars for the first year puts this into some perspective:

Running the numbers, I find the following:

10% Pay raise $17200
1% B-Fund Bump 1700
Bonus 24000
Savings in Travel Bank 3000
10 cent increase per diem 220

Net Benefit first year $46120

Less costs:

Taxes $14420
ALPA Dues paid last 4yrs 13072
Inflation 922

Total costs $28414

Net value of TA First Yr $17706

So essentially, not taking into account the increase in healthcare costs, the net value to me is $17706 for the first year. Quite an underwhelming value after four years of negotiating. And this doesn't address the many give backs or open ended clauses in the TA.

I'm a NO vote!
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