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Old 06-26-2020, 11:55 AM
  #581  
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Originally Posted by Buck Rogers View Post
Denny, RE memrat. I agree it may be a tough sell. But it might pass muster.....here is why I believe what I say. Any vote will be taken prior to furlough therefore all potential furloughees get a vote. Unlike what some posters on here say, when faced with reduced ALV and no furlough, they will grasp at that straw in an overwhelming majority. Next up, anybody who got displaced to a lower/much lower position.....same/ same in hopes of a recast of the MOAD and they keep their seat/position. The rest of the group will be split due to a myriad of reasons. But it is those first two groups, that will tip the scales. Call it 3000 at the bottom, combined with possibly 2000 that MOAD schwacked, and you are at about 5000 "for" the deal....all in an attempt to maximize their $$$(as most pilots will). So I would handicap it as a possibility of passing memrat.
I agree with this. As a member of the UNA club, I’ve done the math, and agree that I’d likely vote in favor of a temporary ALV reduction, if it could mitigate furloughs, and there’s was iron clad language guaranteeing as much. I’ll explain why. Mathematically speaking, anyone that is specifically a UNA would benefit from the ALV reduction as a mechanism to mitigate furloughs, simply from a risk/reward/financial management standpoint.

July is already settled, so UNAs would effectively be risking two months of reduced pay (rumored 15% reduction or 12 hours/monthly) for August and September, for a chance at keeping our jobs and not losing the opportunity to work for ~2-years of pay. Assuming 6 months of those two years are factored at 60 hours (reduced ALV) and the remainder is factored at normal ALV, then that equates to ~1,656 hours of work over the next 24-months, not including August and September.

So I’m essence, by sacrificing ~24-hours of pay, UNAs have a shot at preserving ~1,600+ hours of pay, which is over 60:1 risk/reward ratio. In most ventures in life, financial or otherwise, one would be wise to take any wager greater than 2:1. So if people are able to separate emotion from the pure mathematics of it, then this is virtually a no-brainer. Even if we were almost guaranteed to furlough “with” an ALV reduction, it would still be worth rolling the dice for a shot at keeping our jobs based solely on the risk/reward.
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Old 06-26-2020, 12:13 PM
  #582  
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Originally Posted by beis77 View Post
I agree with this. As a member of the UNA club, I’ve done the math, and agree that I’d likely vote in favor of a temporary ALV reduction, if it could mitigate furloughs, and there’s was iron clad language guaranteeing as much. I’ll explain why. Mathematically speaking, anyone that is specifically a UNA would benefit from the ALV reduction as a mechanism to mitigate furloughs, simply from a risk/reward/financial management standpoint.

July is already settled, so UNAs would effectively be risking two months of reduced pay (rumored 15% reduction or 12 hours/monthly) for August and September, for a chance at keeping our jobs and not losing the opportunity to work for ~2-years of pay. Assuming 6 months of those two years are factored at 60 hours (reduced ALV) and the remainder is factored at normal ALV, then that equates to ~1,656 hours of work over the next 24-months, not including August and September.

So I’m essence, by sacrificing ~24-hours of pay, UNAs have a shot at preserving ~1,600+ hours of pay, which is over 60:1 risk/reward ratio. In most ventures in life, financial or otherwise, one would be wise to take any wager greater than 2:1. So if people are able to separate emotion from the pure mathematics of it, then this is virtually a no-brainer. Even if we were almost guaranteed to furlough “with” an ALV reduction, it would still be worth rolling the dice for a shot at keeping our jobs based solely on the risk/reward.
^^^^^^^This^^^^^^^^^
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Old 06-26-2020, 12:13 PM
  #583  
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That’s all assuming that lowering ALV would do ANYTHING to mitigate furloughs, which I don’t think it would. From my perspective, furloughs are a near certainty, so your math doesn’t add up for me.

The company has said over and over that we’re going to be a smaller company. Why would I not believe them?
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Old 06-26-2020, 12:23 PM
  #584  
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Right, this won’t stop a furlough plan. it’s just a pay cut on the way out the door. A lot of “ifs” in the scenario above that we have no control over. I’d rather have an intact contract to come back to.
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Old 06-26-2020, 12:27 PM
  #585  
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IF there's an ALV reduction there's no reason for it to start before the Oct bid period. That tilts the risk/reward scales even further.
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Old 06-26-2020, 12:37 PM
  #586  
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Water cooler rumor says Early Out TA reached, supposedly no concessions. Expect MEC comm soon.
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Old 06-26-2020, 12:43 PM
  #587  
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Originally Posted by cni187 View Post
Water cooler rumor says Early Out TA reached, supposedly no concessions. Expect MEC comm soon.
Wait a minit.....an erly out IS a concession! 😆
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Old 06-26-2020, 12:45 PM
  #588  
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We will see if MEMRAT is required for a voluntary program or if, since the negotiators returned a deal they directed, they have the ability to publish the deets.
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Old 06-26-2020, 12:55 PM
  #589  
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Originally Posted by tunes View Post
as much as I'd love for SILs to happen i dont think they are going to happen here. Management has dug their heels extremely deep in the sand on this one to try and push off the FA union.
This is exactly why I think we should support an FA union. That management attitude repeatedly hobbles us so we just need other unions to happen to end the handicap.
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Old 06-26-2020, 01:13 PM
  #590  
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TA page on FB say NC has TA on EOP.... expect words from MEC ASAP.

In ohther news, if the VP is such a VIP, shouldn't we keep the PC on the QT? 'Cause if it leaks to the VC he could end up MIA, and then we'd all be put on KP.
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