FtB;
Just a question. These number are great, but shouldn't they be done with a B and not a M?
If you extrapolate off of 90 million for a 5% bump this year you get close. I see you have added percentage in for a compensatory factor for benefits to ballpark this.
It seems a lot higher than I would gauge. My guess is 11-14% on average, and that my be high. Are you including training costs?
Also how about a Percentage as your raise and then COLA on top of it. Setting a hard percentage for the raise each year has not worked well over the long term. I would like to see COLA each year of the agreement on top of a percentage and then COLA after it becomes amendable. We should not be penalized for drawn out negotiations.
So 30%
5 +COLA
5+ COLA
5+ COLA
then,
COLA
COLA etc until the new agreement take effect.