Originally Posted by
Lewbronski
I think there’s approximately 20-25% of our guys currently on ExTO. In terms of voting, I doubt you’d get much support from them for a 10% assessment on top of the 40% pay cut they’ve already taken to give furloughees 88 TFP/mo when the guys on ExTO are only receiving 55 TFP. I’m on ExTO and I wouldn’t support something like that. Speaking for myself, you’d have to give the furloughees something < 55 TFP or exclude the ExTO guys from the assessment.
I wouldn't ask anything from ExTO's. I presume they would be exempt from this assessment.
Also, ExTO was voluntary, a furlough is involuntary. Would we maybe pay ExTO + COBRA to furloughees instead of full guarantee, or meet somewhere in the middle? I don't know what the answer is, and I'm sure the guys far smarter than me would figure this out to be fair and reasonable all the way around, but should something like this come up to the vote, I'm a guaranteed yes. Any concession to the Company? Hell to the NO!