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Old 06-28-2010 | 02:10 PM
  #41937  
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acl65pilot
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From: A-320A
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Originally Posted by Ferd149
My undergrad degree is in Biz Management with an emphasis in Personnel Administration (now called human resources), I don't remember much but I do remember a discussion about profit sharing during wage and salary class.

Basically, profit sharing is a con job (my words not the professor's)to make you feel more a part of the organization. You work hard so the organization does well and you get a little something for your efforts.

However, once you do expenses (glad our's is on operational....NWA wasn't and it was a REAL con job) the amount is so diluted that it can backfire. IE, when you get your profit sharing check you go ****! I honestly believe you're better off using your negotiating capital on the salary side. Gives you more to "give back" in the bad times.

Ferd <----------BUT, yes of course I'll take the check

Con job or not we have it.

These are the type of "circuit breaker" compensation programs that companies like. They have triggers like this ones does to be shut off when things go South. The mindset seems to be that, if they automatically shutoff there will not be a stronger need for concessions in the bad times.

Simply, if you do not like them tell your reps. If you do, tell your reps!