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Old 08-21-2022, 05:35 PM
  #113  
Precontact
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Joined APC: May 2006
Posts: 986
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Originally Posted by DLax85 View Post
Other related thoughts, more relevant this to thread title....

Under the 2015 CBA our last pay raise was Nov 2020 pay period, correct? So any pay increase at signing should AT LEAST be an inflation adjusted equivalent from that date. Roughly speaking, thats about 14% today, correct? If so, that would take our current $335.46 WB Capt Year 15 rate to approx $381.90.. Minimum. Today! With inflation running 8-9% annually, that will only be adjusted higher as delays continue. And then the real forecasting games/negotiation begin. How long is the agreement? ...and what are the inflation forecasts moving forward over that time period. The old assumption that inflation will run at 3% per year is highly debatable - especially over the next 2- 3 years. Everyone still watching how high the Fed is willing to raise interest rates to reign it in. Beyond whatever retirement enhancements are agreed upon, the initial hourly pay rates, and the future rate increases over the life of the CBA, will be - and should be - hotly debated.
You get what you can negotiate, not what you think you’re worth.
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