Profit Sharing
09-27-2017, 03:54 AM
#2
Gets Weekends Off
Joined APC: Sep 2016
Posts: 101
I’ve always said that you should never negotiate compensation using a variable such as bonuses and/or profit sharing. It’s a carrot that can be pulled or reduced through a manipulation of accounting(new CapEx, Division A suddenly charging Division B higher rates, large debt payments, etc.) I’ve seen the game played.
I assume there’s nothing contractual for us to have a separate profit sharing program?
I assume there’s nothing contractual for us to have a separate profit sharing program?
09-27-2017, 04:05 AM
#4
Line Holder
Joined APC: Apr 2017
Posts: 79
A lot of the non cons got hosed pretty good with their profit sharing model. Then you have people saying “but the pilots get......”
Now they will be paid from the same pool with the same relative % as outlined in our PWA.
So we will be seen as equals, one team, blah blah blah. That is fine with me. There must’ve been a union drive in one of the employee groups recently. Lol
Now they will be paid from the same pool with the same relative % as outlined in our PWA.
So we will be seen as equals, one team, blah blah blah. That is fine with me. There must’ve been a union drive in one of the employee groups recently. Lol
09-27-2017, 04:09 AM
#6
Gets Weekends Off
Joined APC: Mar 2016
Position: Here and there
Posts: 1,906
WAG, but I take this to mean, among other things, that we are not forecast to exceed our profit from last year thus the company is trying to gain PR points before a potential disaster plays out this coming February.
09-27-2017, 04:31 AM
#7
Gets Weekends Off
Joined APC: Jun 2007
Position: Captain Jack
Posts: 1,003
Originally Posted by Michael Scott
A lot of the non cons got hosed pretty good with their profit sharing model. Then you have people saying “but the pilots get......”
Now they will be paid from the same pool with the same relative % as outlined in our PWA.
So we will be seen as equals, one team, blah blah blah. That is fine with me. There must’ve been a union drive in one of the employee groups recently. Lol
Now they will be paid from the same pool with the same relative % as outlined in our PWA.
So we will be seen as equals, one team, blah blah blah. That is fine with me. There must’ve been a union drive in one of the employee groups recently. Lol
Not fine with me.
It appears I just lost about 10 grand in one day. Unless one of these math gurus can come on here and tell me how my initial thoughts are wrong.
09-27-2017, 04:38 AM
#8
Kerbal Rocket Surgeon
Joined APC: Dec 2007
Position: DTW 717A
Posts: 1,099
Didn't they all get a raise last year under the justification that "a higher base salary is what our employees want"?? The company increased their base pay under the justification that their profit sharing was decreasing, and now they get PS back?
09-27-2017, 05:10 AM
#9
Gets Weekends Off
Joined APC: Sep 2016
Posts: 101
Originally Posted by Imapilot2
So since we're now dividing it amongst eight times as many employees does that mean our check is going to be about 1/8 of what it was in the past?
I’m curious to hear what ALPA’s response is.
09-27-2017, 05:16 AM
#10
Gets Weekends Off
Thread Starter
Joined APC: Mar 2007
Position: Petting Zoo
Posts: 2,074
Originally Posted by Imapilot2
It's fine with you?
Not fine with me.
It appears I just lost about 10 grand in one day. Unless one of these math gurus can come on here and tell me how my initial thoughts are wrong.
Not fine with me.
It appears I just lost about 10 grand in one day. Unless one of these math gurus can come on here and tell me how my initial thoughts are wrong.
For the record, they keep existing profit sharing for first 3 quarters of 17, only the last reverts to ours.
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