AA Pilots BOD rejects AIP
11-06-2022 | 02:03 PM
#31
Gets Weekends Off
Joined: May 2015
Posts: 7,292
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From: A350 Both
Exactly. You know whenever the .gov "shuts down" while the DC morons argue over the budget, all those .gov workers get back pay. Fauci's Flu should be no different for us if that is the excuse they are trying to use.
11-06-2022 | 03:51 PM
#32
Gets Weekends Off
Joined: Jan 2014
Posts: 2,286
Likes: 18
Such an excellent Christian tone and response. You’re really a great representative.
11-06-2022 | 05:02 PM
#35
Line Holder
Joined: Mar 2019
Posts: 1,427
Likes: 169
You can argue the tone for sure, but his underlying point seems sound. The federal government sure seems to get full retro when they shut down. I’ve told my reps retro is a must for me. To not get it incentives the company to drag things out.
11-06-2022 | 05:04 PM
#36
Gets Weekends Off
Joined: Jan 2014
Posts: 2,286
Likes: 18
No argument on retro. He’s been preaching on another thread and his post above was simply oozing with sweet irony.
11-07-2022 | 10:29 AM
#38
Moderator
Joined: Dec 2007
Posts: 7,264
Likes: 105
From: DAL 330
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.
I am not sure that your take on UAL is correct. IIRC 5% is already coming and is included in the 15%. In any case that went down in flames - so we got that going for us, which is nice.
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