Originally Posted by
fcoolaiddrinker
We’re shooting for the same % increase in total compensation as others just achieved. That % doesn’t really change much over time (proposal rates go up with time). It’s a known number by both sides. Retro is designed to capture delays. It’s not really a guessing game. You should have a pretty good idea of what a ratifiable TA should look like right now. We’re just arguing with ourselves how to divide that number.
compound interest says if you’re five percent behind and gain 50% you’re further behind.
.95* 1.5=1.425
1* 1.5=1.5
now you’re 7.5% behind when you were 5% behind last cycle. So no. We aren’t looking for the same percentage increase. Even the equitable increase requires a higher pay increase just to match back to 95% behind the legacies.
Smh. Let the people in the negotiations do their job.