Thread: TA is here
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Old 09-30-2022 | 09:37 AM
  #371  
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av8or
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Originally Posted by KnockKnock
The "time value of money" is exactly how the last two, unarbitrated, contracts were sold. And apparently enough bought into the thinking that locking in one or two sections at the time, while deciding to, "get the rest later", was a good idea. Fast forward to 2017 when that decision to forego scope in favor of pay was proven to be a bad one. My belief is that by only focusing on the, more or less, "4 Pillars", we have only righted some of the wrongs from the JCBA ruling. We are finally in a position where we don' have to let one section slip in order to enhance another. I think we should take this opportunity to do just that. Yes, I asked for scope and section 25 improvements. But that doesn't mean leave half the contract untouched. The majority of that contract is decades old. The book has been open for 3.5 years now. We should be seeing improvements in every single section. We're being rushed into signing this this and I'm not buying the excuse being given. The company needs this signed and their threat of not giving us retro back to Sept. 1st is proof. Send it back, call their bluff and get the rest of what's deserved.
”Time value of money” is an actual thing though. Like it’s a legitimate economic calculation.

It CAN be used to sell a NetJets private jet share or it can be used to sell a dumpster fire contract.

That being said…. Nobody is trying or going to try and SELL you anything. IF you hear an answer to a question that references the “time value of money” then that’s a rationale, a philosophy, and one they can back up with data. If you disagree with that answer and have your own compelling data, then you can absolutely make that argument…. But to compare ANYTHING from past leadership, negotiations, contracts, “salesmanship” or tactics to what is in front of you right now??….. that’s not rational and it undercuts your argument IMO
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