Originally Posted by
CafeConLeche
Say we take the 3% and 30 Million. Now what. I'm curious to what kind of leverage we'll have when negotiating a new pay scale? Will management say "we already gave you guys a 3% raise". What about next time they violate the contract, because they will do it again, and we go to mediation will an arbitrator say "well there is precedence here" and allow management to move forward without any real consequences?
We're not "taking" $30 million. We're losing $90 million.
While the arbitration has been ongoing, the company has already figured out an amount that they care comfortable "giving us", and made that money up elsewhere.
Voting yes is essentially going to pay $700/yr for the ten year NEA deal (if it's all paid out equal, which we all know isn't going to happen).
Essentially they bought us off for $3 million a year. Well the company also decided to optimize those industry leading pairings by creating in base layovers, saving the company $12 million a year (from what I have heard).
So not only is the company not giving us $30 million, we're giving the company $90 million for the pleasure of passing the NEA....