Originally Posted by
sailingfun
One example. Our vacation ask was a minimum of 256 hours assuming we did not get a improvement in ADG which was also a ask. More if we get a ADG improvement. Current vacation is 126 hours. Let me know how we did when a TA is released.
Sailing,
Not quite sure the point you are trying to make here.
Of course the "ask" will be greater than the "get." That is bargaining after all as you always point out. I realize that you are getting challenged on your C-2019 predictions but you know what - Covid happened. We can't go back and run non-Covid scenarios, so we will never know if DALPAs strategy would have been a Grand Slam, a single, a strike out, or a bases loaded inning ending double play. DALPA is of course at bat in this fictional baseball game. And yes management is banging on trash cans in the dugout every inning when they are at bat.
I assume you are saying the ask was out of the zone of reasonableness. Maybe it was, maybe it wasn't, but once again - Covid happened so we will never know. You seem to prefer on time short steady gains which one strategy and people always bring up the TVM to defend this strategy. What about the Time Value of Compounding (TVC)? I am pretty sure that I just made that up
so I will explain with notional numbers.
If it takes an extra year to get a contract with 2% higher rates we always here about the lost income waiting that additional year and it may be a short term loss on a single contract cycle. But what if that 2% boosts all subsequent contracts by 2%. How does 10-20 or even 30 years at 2% greater pay compare with a 1 year loss of a pay raise?
My long-winded point here is that there are No absolutes in contract negotiations. We strive for the best we can get and all we can compare it to is hypotheticals.
Scoop