Thread: New TA
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Old 10-28-2015 | 07:59 AM
  #165  
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Schwanker
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Default Profit Sharing

I listened and understand the argument for trading profit sharing for pay rates above and beyond negotiated pay rates. I was somewhat neutral on this issue during the failed TA. After giving it further and deeper thought, I'm deeply opposed to touching profit sharing.

Giving up PS for a premium on pay rates will last less than 1 contract cycle. We gave up PS in 2012 to boost pay rates. Now that premium isn't even being discussed to be added to negotiated pay rates. What we gave up in 2012 is gone, and gone forever--never to be included in future pay rates again. The same would happen with giving up more. We could possibly see a short term premium in pay rates, but only for 1 contract cycle (or less, as we're already behind American rates). I will not support trading PS in any form. It doesn't make long term sense as the next contract cycle will completely dismiss those give backs.
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