Industry Leading Per Diem Tied To Inflation
05-21-2022, 12:46 AM
#21
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Joined APC: May 2014
Position: Drivin’ the bus
Posts: 718
Originally Posted by Planetrain
You mean for each dollar I have it buys MORE? I’ll take that risk. Then WE can drag contract negotiations out for a few years for once. Sure per diem may go down, but our wage rates (which have a much bigger impact) stay the same.
I agree there. My point was perhaps though the language should be written such that it can go up but never go down. If chances of deflation are so low, company will agree in a heartbeat, right?
Point about deflation is also taken. It’s pretty rare. But let’s face it, right now we are in a period of all time career high inflation. Whether you are within a few years of retirement or in your 20’s as a new hire, current rate will probably never be this high during any time in your career so at least some amount of deflation from here is likely. Agreeing to this in current environment with no downside protection may end up being a net zero gain once costs settle down.
05-21-2022, 05:17 AM
#22
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Posts: 1,542
Originally Posted by theUpsideDown
Theyre just trying to tie showing up for work as pay, instead of us trying to get as close to 0 hours flying with maybe 800-1000 credit hours. When the perdiem starts stacking into two car payments you might actually be there.
05-21-2022, 07:37 AM
#23
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Originally Posted by Planetrain
You mean for each dollar I have it buys MORE? I’ll take that risk. Then WE can drag contract negotiations out for a few years for once. Sure per diem may go down, but our wage rates (which have a much bigger impact) stay the same.
05-21-2022, 08:24 AM
#25
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Originally Posted by JamesBond
You new around here? I agree with the first part of this post, but...
I'm all about "briefing the threat" but just don't see this ending up being a thing.
05-21-2022, 08:46 AM
#26
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Originally Posted by gloopy
Yes I'm so new that I don't see the historical precedent of automatic pay cut triggers tied to deflation.
I'm all about "briefing the threat" but just don't see this ending up being a thing.
I'm all about "briefing the threat" but just don't see this ending up being a thing.
05-21-2022, 09:14 AM
#27
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Originally Posted by JamesBond
...when ALPA invokes the usual iron clad language with the 'we didn't think they'd do that' proviso you should not be the least bit surprised when that perdiem drops. Of course the coming economic disaster will probably carry us well into the next contract (assuming we sign this one within the next 5 years or so) so there's that.
As for anything, bullet points are cool but we have to run through the language to see in what ways are it possible to have an adverse effect. DALPA negotiators and ALPA lawyers are great. But 14,000 pairs of eyes on it is even better.
05-21-2022, 09:46 AM
#28
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Posts: 859
Originally Posted by gloopy
I agree that this is a threat we need to brief. IMO there needs to be some sort of "check valve" qualifier that clearly makes this one way. One sentence ought to do it.
As for anything, bullet points are cool but we have to run through the language to see in what ways are it possible to have an adverse effect. DALPA negotiators and ALPA lawyers are great. But 14,000 pairs of eyes on it is even better.
As for anything, bullet points are cool but we have to run through the language to see in what ways are it possible to have an adverse effect. DALPA negotiators and ALPA lawyers are great. But 14,000 pairs of eyes on it is even better.
05-21-2022, 09:55 AM
#29
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Posts: 7,292
Originally Posted by gloopy
I agree that this is a threat we need to brief. IMO there needs to be some sort of "check valve" qualifier that clearly makes this one way. One sentence ought to do it.
As for anything, bullet points are cool but we have to run through the language to see in what ways are it possible to have an adverse effect. DALPA negotiators and ALPA lawyers are great. But 14,000 pairs of eyes on it is even better.
As for anything, bullet points are cool but we have to run through the language to see in what ways are it possible to have an adverse effect. DALPA negotiators and ALPA lawyers are great. But 14,000 pairs of eyes on it is even better.
05-21-2022, 09:56 AM
#30
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Originally Posted by ebl14
Thats optimistic, I’ll bet only 1500 or so will actually read the whole thing, probably less.
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