Originally Posted by
polymox
Yes! Why is this not the norm in all airline contracts?
My theory is that the union needs to justify itself by having a need to negotiate new contracts. If the pay scale got indefinite CPI raises while individuals moved up the scale, there would far less incentive for anyone to work on a new contract.
The nation has not seen inflation like this in over 40 years. Someone mentioned a month or so ago that when Federal Reserve Notes depreciate by only 1 or 1.5% per year, a delayed airline contract still keeps pay rates nearly the same until the next signing date, and the effects in an inflating currency are nearly undetectable. However, the deficiencies of our "system" become quite conspicuous with high inflation.
The jobs program argument could have some merit; but I still argue that the CPI+ auto-increase would best protect the pilots from either company or union delays.
A5S