Originally Posted by
hemaybedid
You guys realize you are arguing about bankruptcy and lost decade rates right? The industry has moved past these rates and are making their way to pre bankruptcy rates. Are we going to follow the industry, or continue the FedEx way it was pre 9/11 with 20% below industry. Oh, and back then they all had pensions and no PBS, so that’s not an excuse for why we accepted less then or should now. Our pay raises since then have merely been inflationary, with many concessions.
This and well said!
Does the company take concessions when they raise the price of their services due to inflation? They do not, they give the exact or lesser level of service at a higher inflation adjusted price. We need to adopt a same mentality. The price of labor goes up with inflation, it does not mean we need to trade any negotiating capital for that inflationary adjustment.
A pay rate increase to match inflation for concessions is not a pay rate increase.