Originally Posted by
990Convair
3% with a 1% signing bonus is what I heard. 3% doesn't keep up with inflation and the "signing bonus" is based on your pensionable earnings from NOV 1 to now. I see, last contract it was a "Signing Bonus" lump sum that left A LOT of money out, but this time they cant wait to send those $200 (after taxes).
What does FDX want AND get if we sign? A CGN FDA, and that's huge. I say vote no and let them sweeten the deal. This isn't CARMAX. I don't think we should just blindly agree because we are being sold a new deal.
We should be getting 5%/5% and a more significant signing bonus than whats being intimated after 4a2b.
Agreed, but I was thinking more along the lines of 10% and 5%....plus 5% per year after that until a new contract is signed. And while we are at it, 6K for the FDA allowance!!