Originally Posted by Bilbo T Baggins

I usually ask the guys I fly with for updates on this stuff since I'm relatively new, but he's in the back cleaning. Based on the email this is what I understood- we got the 8% raise and gave up some profit sharing. The 8% is guaranteed additional money, whereas profit sharing amount is not always guaranteed.

This smells like **** to me, so would anybody like to break down the 8% raise/profit sharing cuts? Was it actually a swap/trade like the company makes it sound? Curious