Originally Posted by
hummingbear
That’s a bit simplistic. If the company’s performance gets you the option of WBCA 5 years earlier or later, that could have a massive impact on your career earnings. Ditto that if growth or reductions affects your ability to hold more efficient schedules, more days off, puts us in a position to negotiate bigger contract gains- prevents or results in furloughs & downgrades, etc. Some guys really geek out on the 10-K stuff- which, at the end of the day, yeah, is just reading tea leaves since we don’t control it. But we absolutely benefit directly & indirectly when the company is well run.
don’t forget the difference between 10% profit sharing vs 1% (or none).