Originally Posted by
jamesholzhauer
Whoa wait a sec. It appears you are implying companies that have large profit sharing programs are more prone to furlough? Is that correct?
Do I really need to point out to you that when times are bad, ie when there’s no profit, profit sharing costs the company nothing? If companies aren’t making profit, and therefore aren’t giving out profit sharing, how can you possibly imply that profit sharing leads to furloughs?
Correlation does not equal causation.
Also, delta started in what, 1924? They had proudly never furloughed. Until they did. In what was it, 91 or so?
To imply jetblue is somehow superior, immune from, or less prone to furlough (and link it to industry lagging PS) is simply ignoring the cyclical nature of this industry, and ignoring where jetblue falls on the growth/maturation scale of any company, much less an airline, as well as the fact that businesses change, the economy changes, as do a whole other multitude of factors that affect furloughs. Profit sharing isn’t really one of those factors. So, to link them is ignorant at best.
Profits do not cause furloughs...
Not at all.
And i think you know that’s not what he’s saying.
Delta. The “gold standard” of PS has a profit sharing model that was negotiated in BK. During a time of many furloughs. They were able to maintain that PS in the last round of negotiations due to a no vote and renegotiation.
Times are different. Companies are different. We could have voted no until we got every single thing we wanted. Every one. We’d never leave negotiations.