Any "Latest & Greatest" about Delta?
Baja.
Now you'd think it was the Holy Grail of compensation.
A stunning flip-flop.
Gets Weekends Off
Joined: Jul 2007
Posts: 1,707
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From: Permanently scarred
It's too bad we can't video tape ALPA roadshows. It would be fun to replay the reactions from a lot of guys when the Profit Sharing terms were presented in 2009. At the presentation I sat through, several of the present-day Donut Dealers were loudly promising that we'd never see a penny of profit sharing, at that it was all of lot of wasted negotiating capital.
Now you'd think it was the Holy Grail of compensation.
A stunning flip-flop.
Now you'd think it was the Holy Grail of compensation.
A stunning flip-flop.
I had a similar experience with an ALPA rep I flew with several years ago. I was new to the company and was just trying to catch up with all that was going on around me. But I do remember being struck (not in a good way) with his idea of increasing profit sharing and not pushing for pay increases as a form of compensation. But I don't hold DALPA accountable for this individual's philosophy, nor believe it was a flip flop of the organization since it was not advocated by the group as a whole.
Gets Weekends Off
Joined: Jul 2008
Posts: 5,583
Likes: 326
This is misleading. Our 2013 profit sharing tax was 15% of our 2012 PTIX. Actually that 15% went to every single employee at Delta. Our 2014 check will be 10% percent of the 2013 PTIX. Only the PTIX over 2.5 billion is 20%. Our profit sharing does not double if the company posts a 2.6 billion dollar PTIX. Only 100 million of it will be paid out at 20%.
This is misleading. Our 2013 profit sharing tax was 15% of our 2012 PTIX. Actually that 15% went to every single employee at Delta. Our 2014 check will be 10% percent of the 2013 PTIX. Only the PTIX over 2.5 billion is 20%. Our profit sharing does not double if the company posts a 2.6 billion dollar PTIX. Only 100 million of it will be paid out at 20%.
Can't abide NAI
Joined: Jun 2007
Posts: 12,078
Likes: 15
From: Douglas Aerospace post production Flight Test & Work Around Engineering bulletin dissembler
BB. That is exactly the rational, but it sure doesn't stop people from *****ing.
Line Holder
Joined: May 2011
Posts: 65
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From: 737 FO
Sorry for posting what is probably easy for me to look up, but an AE into a brand new category does NOT incur a seat lock right?
Moderator
Joined: Oct 2006
Posts: 13,088
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From: B757/767
I believe you will incur a freeze. However, a new category is open to anyone including those currently under a training freeze. I could be wrong though.
Can't abide NAI
Joined: Jun 2007
Posts: 12,078
Likes: 15
From: Douglas Aerospace post production Flight Test & Work Around Engineering bulletin dissembler

I think this was (is) the version Mr. Anderson said we wanted and eventually, we will want some. It isn't a 757 or L1011, but for a Tupperware death tube, it has nice lines.
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