Originally Posted by
WhatNow
I am curious on why you believe that the mediator will tie our compensation to the profitability of the company? 1 That is certainly something they have not done before and as far as I can tell does not happen in any industry let alone airlines. The company will point out the PS program is our reward for profits. Long term I am not sure we even want to tie our direct compensation to profits. 2
We should focus on what we have given up and the direct cost savings the company is achieving as a result of those concessions over the last 12 years. 3 In particular we should put together a analysis of what it would cost to run the airline absent those concessions. We would require around 20% more pilots to run the airline.
1 Because we already have compensation in the form of profit sharing. They can't take it away. Our contract becomes amendable, it doesn't expire. We can only give it away.
2 I'm sure. I want our current profit sharing that will continue to grow with the growth of the corporation. Profitability is what management strives for. The increase is automatic and the snap back from a down year requires no negotiation.
3 This is a popular view but is flawed in the sense that the history is already written. Our focus should be on the future and how we can benefit from where this corporation is going. The business plan should be evident to everyone now. Last summer, prior to July 14th, it was not. I wonder why?