Retro Pay Resolution
#141
Yes, retro is emotional. By my numbers on my earnings I’m due close to 100k.
Just raising the question here, before I get trampled on. Do we expect the company to pay out 1.5B in retro on top of contract by all estimates will be 2B or so? I think we need to get realistic here. Yes, retro holds the company accountable for dragging this out, but if folks think they are all going to be getting 100-150k checks plus rates from mid 20s/30% (on top of contractual gains) are going to be very disappointed.
In light of the impending economic environment that could get ugly fast , turning down a solid win contract over retro will cost us in the long run. Saying it here now on record. At some point time value money ( can’t believe I’m saying a Moak term) does come into effect.
We need to see the whole contract holistically and see how much the bonus/retro ends up being under that lens.
Just raising the question here, before I get trampled on. Do we expect the company to pay out 1.5B in retro on top of contract by all estimates will be 2B or so? I think we need to get realistic here. Yes, retro holds the company accountable for dragging this out, but if folks think they are all going to be getting 100-150k checks plus rates from mid 20s/30% (on top of contractual gains) are going to be very disappointed.
In light of the impending economic environment that could get ugly fast , turning down a solid win contract over retro will cost us in the long run. Saying it here now on record. At some point time value money ( can’t believe I’m saying a Moak term) does come into effect.
We need to see the whole contract holistically and see how much the bonus/retro ends up being under that lens.
#142
Gets Weekends Off
Joined: Sep 2014
Posts: 5,128
Likes: 91
I know you honestly think we could have reached a quick deal with the company’s junior varsity negotiators in 2019 because you say it so frequently. But I am honestly curious if you have ever spoken with another human being who thinks the company would have signed an expeditious deal that pilots would have ratified?
#144
Line Holder
Joined: Sep 2014
Posts: 921
Likes: 14
Serious question, drawing it out is worse for whom? The company or the pilots?
#145
Line Holder
Joined: Sep 2014
Posts: 921
Likes: 14
#146
Gets Weekends Off
Joined: Feb 2008
Posts: 20,869
Likes: 187
The company had twice as many section 23 change proposals as we did…and our negotiators were following the lead of their constituents who have stated they wanted a comprehensive PWA scrub this round.
I know you honestly think we could have reached a quick deal with the company’s junior varsity negotiators in 2019 because you say it so frequently. But I am honestly curious if you have ever spoken with another human being who thinks the company would have signed an expeditious deal that pilots would have ratified?
I know you honestly think we could have reached a quick deal with the company’s junior varsity negotiators in 2019 because you say it so frequently. But I am honestly curious if you have ever spoken with another human being who thinks the company would have signed an expeditious deal that pilots would have ratified?
#147
the mec set the expectations. Had they started with setting reasonable expectations and stated why they were reasonable yes i think a ratifiable contract by the amendable date was possible. I posted back when our conceptually opener was published it meant we were not going to see a ta for many years and when we did it would be for what we could have had upfront anyway. Turns out it’s going to be worse than that. Expectations sure have dropped like a stone in the last 6 months. I once posted i expected about 1 billion a year in contractual improvements. Looks like we will be lucky to get even that and will have lost a entire 3 year contract cycle. What a disaster for the pilot group going forward.
#149
#150
I think we’re gonna get parked in January.
Thread
Thread Starter
Forum
Replies
Last Post



