The formula doesn't change each year. It's 10% up to first $2.5B of PTIX, then 20% of PTIX above $2.5B, that = the amount of profit sharing money in the pool.

Then you take your income divided by the employee payroll for the entire company = your % of the PS pool.

So each pilot will get the same % of their income for the year (5% for 2022), but a different % of the total PS pool.

 

I'll take the over on that. My guess if we say No - There will be a status conference call scheduled, after notifying the NMB, between the parties and the mediator in late March to early April time frame. That conference call would include establishing an opportunity to get back on the NMB's schedule for mediated sessions. Our first mediated bargaining session won't be scheduled until after the summer is my guess. I also think those first sessions will be more akin to what we had almost a year ago, ie we will meet for three day this week and then the next session will be at least 2 weeks down the road. Lather, rinse, repeat until the mediator thinks we are actually getting close to a deal. Then they get sequestered with the deal makers present somewhere other than ATL again. Assuming we have absolutely zero recall/resignation and replacement BS to deal with and the MEC is johnny on the spot getting new and current polling data, it'll be 12 months. Any recall/resignation and replacement actions on our part and you can add another 3 months to that in my opinion. The company could always agree to meet with us and negotiate without the mediator present, but I do not think they will after we say No. All purely my opinion, which makes it nearly worthless.

 

the result of the formula is variable, not the formula itself. Although the latter is variable also because the variables in the formula are variable each year.

 

If the pilots are dissatisfied with this TA to the point they vote it down, they will be madder than hornets this summer with the status quo nonsense, and no pay raise. There is no way the company can afford to wait until after the summer to start negotiating or the operation could be impacted.

However, I don't think this TA will fail. And the scheduling changes the company promised by 8/1 will, of course, succumb to IT "difficulties," meaning this summer will be the same or worse than last for reroute and other QOL killers.

 

you take the profit sharing pool and divide it by the total income of all participants. That’s the percentage. Multiply the percentage by your income and that’s your check.

 

You’re both correct, assuming DWC was talking about income of plan participants.

 

truer words have never been spoken. I’m not trying to naysay this thing, but man you hit the nail on the head here.

however..let’s not defeat ourselves by thinking of eventualities we don’t know. The power is in the action. Don’t think ever that you have to take something you don’t think is right because…RLA…never allowed to strike nonsense. Power is in the footsteps