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Originally Posted by chrisreedrules
(Post 3531063)
25/5/5/5
20% Direct Contribution Vacation accrual/value improvements Get rid of Short Call Reserve Greenslips pay at 150% for reserves Don’t touch payback days Umm….SCOPE?? None of this matters if that’s not a priority. |
Originally Posted by Planetrain
(Post 3531104)
Average annual CPI headline inflation. Source: Minneapolis Fed https://www.minneapolisfed.org/about...ce-index-1913-
2019 1.8% 2020 1.2% 3.0% compounded 2021 4.7% 7.9% compounded 2022* 8.6% 17.1% compounded (*Jan-Sep. Full year could be lower or higher.) |
Originally Posted by RunFast
(Post 3531323)
Thank you👊🏽
Full year 2022 is looking to be around 8%. Trailing 3 year average annual compounded rate is 4.6%. |
Originally Posted by Mooner
(Post 3532659)
We received a pay raise for 2019. So, actual compounded inflation is mid 14%.
Full year 2022 is looking to be around 8%. Trailing 3 year average annual compounded rate is 4.6%. |
Originally Posted by Mooner
(Post 3532659)
We received a pay raise for 2019. So, actual compounded inflation is mid 14%.
Full year 2022 is looking to be around 8%. Trailing 3 year average annual compounded rate is 4.6%. So... January 1, 2020 retro raise = ? January 1, 2021 = ? January 1, 2022 = ? 4/4/13 was the FA raises, cumulative = 22.2% 8/5/5 was suggested as reasonable by the infamous low bidder, cumulative = 19.1% I'd guess 5/5/10 would pass for retro, maybe:confused: cumulative = 21.3% (or 4/4/12 = 21.1%) That puts 2023 right about 27.3% minimum! |
Originally Posted by Mooner
(Post 3532659)
We received a pay raise for 2019. So, actual compounded inflation is mid 14%.
Full year 2022 is looking to be around 8%. Trailing 3 year average annual compounded rate is 4.6%. Our last raise, on 1/1/19, did NOT, repeat DID NOT, account for inflation for 2019, the year following. Inflation TRAILS, it is not prospective. C44 has been solid on this, accurately putting inflation at 17.54% since our last raise (as of Oct data). |
Originally Posted by Mooner
(Post 3532659)
We received a pay raise for 2019. So, actual compounded inflation is mid 14%.
Full year 2022 is looking to be around 8%. Trailing 3 year average annual compounded rate is 4.6%. |
Originally Posted by notEnuf
(Post 3532866)
January 1, 2019.
So... January 1, 2020 retro raise = ? January 1, 2021 = ? January 1, 2022 = ? 4/4/13 was the FA raises, cumulative = 22.2% 8/5/5 was suggested as reasonable by the infamous low bidder, cumulative = 19.1% I'd guess 5/5/10 would pass for retro, maybe:confused: cumulative = 21.3% (or 4/4/12 = 21.1%) That puts 2023 right about 27.3% minimum! |
Originally Posted by sailingfun
(Post 3532919)
What you omit about the 8/5/5 I posted as something I would accept is I also wanted a 18% DC and a additional 600 million in QOL improvements at signing for a total of around 1 billion. Inflation was also running 2% at the time. We will not get even a quarter of 1-billion in retro payments for 2019. Had we done that and with the additional 5/5 the value of our contract would have increased a a total of 1.4 billion for 2022. We would be having a big discussion about if we will get the next contract done by this Dec. We will never regain what we lost. The biggest issue the MEC will have is trying to spin whatever we end up with as a victory and get it ratified.
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Originally Posted by shock
(Post 3531041)
Superpilot92, the FA's have received a 25.5% increase after you compound the 3 raises. FYI :)
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