18/5/5/5
11-13-2022, 04:46 PM
#51
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Joined APC: May 2014
Position: Drivin’ the bus
Posts: 694
Originally Posted by chrisreedrules
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
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.
11-13-2022, 08:20 PM
#52
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Joined APC: Feb 2008
Position: Working 5 to 9
Posts: 498
Originally Posted by Planetrain
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.)
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.)
11-16-2022, 10:58 AM
#54
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Joined APC: May 2011
Posts: 391
Originally Posted by Mooner
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%.
Full year 2022 is looking to be around 8%. Trailing 3 year average annual compounded rate is 4.6%.
11-16-2022, 11:15 AM
#55
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Joined APC: Mar 2015
Position: stake holder ir.delta.com
Posts: 9,481
Originally Posted by Mooner
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%.
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
cumulative = 21.3% (or 4/4/12 = 21.1%)That puts 2023 right about 27.3% minimum!
11-16-2022, 11:26 AM
#56
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Joined APC: Sep 2011
Posts: 3,479
Originally Posted by Mooner
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%.
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).
11-16-2022, 12:41 PM
#58
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Joined APC: Feb 2008
Posts: 18,704
Originally Posted by notEnuf
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 cumulative = 21.3% (or 4/4/12 = 21.1%)
That puts 2023 right about 27.3% minimum!
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
cumulative = 21.3% (or 4/4/12 = 21.1%)That puts 2023 right about 27.3% minimum!
11-16-2022, 12:50 PM
#59
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Joined APC: Mar 2015
Position: stake holder ir.delta.com
Posts: 9,481
Originally Posted by sailingfun
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.
11-16-2022, 01:32 PM
#60
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Joined APC: Nov 2008
Position: I'm here, i'm there, i'm everywhere...
Posts: 1,508
Originally Posted by shock
Superpilot92, the FA's have received a 25.5% increase after you compound the 3 raises. FYI 
