Thread: Would You?
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Old 09-15-2016 | 12:24 PM
  #95  
longcall
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Originally Posted by Dharma
Longcall, can you explain this to me? Mine's not lost. I'm still getting the pay. What are you talking about?
We are negotiating now, among other things for payrates we want. Our ask is compared to our peer's payrates. We are going to get a contract based on our peer's payrates.

We are not going to get our peer's rates plus a few extra percent because we sold some PS to get our current rates. We are just going to get their rates plus or minus.

So every time you sell PS for payrates, you lose that money the next contract negotiating cycle. You get the extra pay for the couple of years in between contracts but the next time you negotiate new rates, that PS given away is lost.

So, yes you are losing the PS you sold for payrates in C2012.
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