AA Pilots BOD rejects AIP
#21
Gets Weekends Off
Joined: Dec 2006
Posts: 2,370
Likes: 0
From: 737 FO
Did you get full retro? Can anyone cite an instance where full retro was achieved 3 years plus beyond the amendable date? How about 4 years? If not, there has to be a better reason than those pilot groups didn’t want it bad enough.
I don’t prescribe one way or another without the overall context of an agreement to look at. We could have full retro with small increases in the outlying years or less retro and more later. But, I think the above question should be asked and then answered. If yes, what did the pilot group do to achieve the result? If no, why hasn’t it happened before?
I don’t prescribe one way or another without the overall context of an agreement to look at. We could have full retro with small increases in the outlying years or less retro and more later. But, I think the above question should be asked and then answered. If yes, what did the pilot group do to achieve the result? If no, why hasn’t it happened before?
#22
#23
Did you get full retro? Can anyone cite an instance where full retro was achieved 3 years plus beyond the amendable date? How about 4 years? If not, there has to be a better reason than those pilot groups didn’t want it bad enough.
I don’t prescribe one way or another without the overall context of an agreement to look at. We could have full retro with small increases in the outlying years or less retro and more later. But, I think the above question should be asked and then answered. If yes, what did the pilot group do to achieve the result? If no, why hasn’t it happened before?
I don’t prescribe one way or another without the overall context of an agreement to look at. We could have full retro with small increases in the outlying years or less retro and more later. But, I think the above question should be asked and then answered. If yes, what did the pilot group do to achieve the result? If no, why hasn’t it happened before?
#24
Gets Weekends Off
Joined: Dec 2009
Posts: 2,058
Likes: 2
From: Capt
Did you get full retro? Can anyone cite an instance where full retro was achieved 3 years plus beyond the amendable date? How about 4 years? If not, there has to be a better reason than those pilot groups didn’t want it bad enough.
I don’t prescribe one way or another without the overall context of an agreement to look at. We could have full retro with small increases in the outlying years or less retro and more later. But, I think the above question should be asked and then answered. If yes, what did the pilot group do to achieve the result? If no, why hasn’t it happened before?
I don’t prescribe one way or another without the overall context of an agreement to look at. We could have full retro with small increases in the outlying years or less retro and more later. But, I think the above question should be asked and then answered. If yes, what did the pilot group do to achieve the result? If no, why hasn’t it happened before?
#25
Gets Weekends Off
Joined: May 2012
Posts: 194
Likes: 0
Even better question, why didn’t you read the post? It says why I’m agnostic. You can put retro value anywhere, from 100% upfront in a check, combination of a check and larger raises for out years, or no retro check and even larger out year raises. The total value at the end is what matters. A simple calculator can tell the whole story. Context gives meaning.
I just went through the calculation for the latest and greatest rumor at United. 15 5 5, not including the 5% coming in 2023. So really it would be 15, 10, 5. It’s unclear whether or how much retro was stipulated in the rumor. Looking at inflation, they would beat it by .6% compounded annually for the 6 year deal. Not great, but a positive number and certainly better than the long term negative number. Any retro will of course move the annual compounded rate higher.
Some will declare victory if we capture inflation. Some will declare victory if we capture inflation plus x%. Everyone’s x is different. Less than 100 retro upfront may do the trick to reach your x depending on what the initial pay raise and outlying years look like.
My personal desire is to maximize the attainable value over the entire contract.
I just went through the calculation for the latest and greatest rumor at United. 15 5 5, not including the 5% coming in 2023. So really it would be 15, 10, 5. It’s unclear whether or how much retro was stipulated in the rumor. Looking at inflation, they would beat it by .6% compounded annually for the 6 year deal. Not great, but a positive number and certainly better than the long term negative number. Any retro will of course move the annual compounded rate higher.
Some will declare victory if we capture inflation. Some will declare victory if we capture inflation plus x%. Everyone’s x is different. Less than 100 retro upfront may do the trick to reach your x depending on what the initial pay raise and outlying years look like.
My personal desire is to maximize the attainable value over the entire contract.
#29
Gets Weekends Off
Joined: Apr 2018
Posts: 4,140
Likes: 560
Exactly this. This is full retro to me. Not 20% every year, but a modest raise equal to or greater than inflation for 2020, 2021, and 2022, and then a larger raise in 2023 (assuming we sign a contract beginning then). Anyone who worked at all during those years gets the retro, including retirees and deceased. No retro for VEOPs after their VEOP date, but any work prior pays retro or "back wages."
#30
Rodeo clown
Joined: Feb 2017
Posts: 703
Likes: 0
From: Tractor seat
Exactly this. Back pay maintains the principle for those that retired or left but performed work for parts of any year after the amenable date. If it were to only cover inflation (or a modest amount above it), then it also wouldn't be a huge windfall (likely less than the signing bonuses at Alaska for many). This is also probably much easier to explain to anyone who isn't a pilot, "X percent for 2020, Y percent for 2021, Z percent for 2022." It also has the added advantage of making new rates in the contract not look obscene to other work groups, etc. If the baseline is moved for the previous years via modest increases, then compounding interest would make a less eye-popping percentage increase for 2023 actually pay out more.
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