Originally Posted by
Hank Kingsley
SD latest memo is still using the term "total compensation". Profit sharing minus paycuts and lost pension makes total compensation a huge negative number.
According to the JV sellout, errrrr, I mean settlement which was agree to and signed by our union P-E-B!!! Chairman at the time and the company, "Total Compensation" does not include profit sharing. You can't have it both ways: When the company wants to try and say we're getting compensated to a higher level than what our rates really are we just need to show the powers that be that the company by its own words doesn't consider PS to be part of Total Compensation.