Originally Posted by
EngineOut
Proposed:
2008 2009 2010
5% BHO 5% BHO 5% BHO
YR2 $36.98 $37.33 $37.48
Those numbers are wrong.
Real figures:
2008 - 35.00 * 5% BHO = 36.75 (DECREASE of $0.23/hr!!!)
2009 - 35.35 * 5% BHO = 37.12 (DECREASE of $0.21/hr!!!)
2010 - 35.70 * 5% BHO = 37.49 (DECREASE of $0.19/hr!!!)
And, I don't know what you mean by 5.66% actual BHO...looked again in the notes, didn't see any explanation or mention of this. If it's actually 5.66%, put 5.66% on the dang summary...
AND, I'm all in favor of screwing the FO that hasn't been hired yet 
Again, there should have been a note that stated that 2nd year FO does not get 5%, but actually 5.66%.
Everybody else is at 5%. So, the raw data is correct, but the 5% number is only correct if it doesn't include 2nd year FO's, which is actually 5.66%.
Hope that clarifies things. No pay cut !!! (or pay raise)