Originally Posted by
Scooter432
Yes, retro is emotional. By my numbers on my earnings I’m due close to 100k.
Just raising the question here, before I get trampled on. Do we expect the company to pay out 1.5B in retro on top of contract by all estimates will be 2B or so? I think we need to get realistic here. Yes, retro holds the company accountable for dragging this out, but if folks think they are all going to be getting 100-150k checks plus rates from mid 20s/30% (on top of contractual gains) are going to be very disappointed.
In light of the impending economic environment that could get ugly fast , turning down a solid win contract over retro will cost us in the long run. Saying it here now on record. At some point time value money ( can’t believe I’m saying a Moak term) does come into effect.
We need to see the whole contract holistically and see how much the bonus/retro ends up being under that lens.
Whoaboy, now you’ve done it. Standby to be branded as a management apologist, Moakie or spineless rollover.
FWIW I agree with your take 100%.
Schwanz measuring feels good but doesn’t put money in our pockets. TVM is real. It’s not a bad word. Some retro will probably happen. Dying on the altar of 100% back pay to pre COVID isn’t smart because it is easily held up by mgmt to the mediator as “unreasonable” (whether we FEEL that way or not).
Something each of us should evaluate quietly to ourselves, without posturing on social media. If the NC can achieve x% of our 4 pillar goals I would be willing to accept y less than 100% full back pay retro. Solve for your own personal x and y.
In the real world x will be less than 100% since the company also has to sign on any deal. Acknowledging that reality doesn’t make you a Moakie.
Eventually we will get a deal. And everyone will be pi$$ed that it wasn’t the perfect deal. And the world will keep spinning.