Any "Latest & Greatest" about Delta?
Gets Weekends Off
Joined: May 2012
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Gets Weekends Off
Joined: May 2012
Posts: 770
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Gets Weekends Off
Joined: Feb 2008
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When you add up your MPP payout, note payout, claim payout, PBGC money and the DC plan going forward what is your honest assessment of your percentage of retirement lost. Even one of the most ardent anti ALPA posters on here admits he is actually better off with the new plan.
When you add up your MPP payout, note payout, claim payout, PBGC money and the DC plan going forward what is your honest assessment of your percentage of retirement lost. Even one of the most ardent anti ALPA posters on here admits he is actually better off with the new plan.
THere will be a lot more downturns, in the future. People are punch drunk with the current state. They look at the Rate of return, now, and think they have made it. Wait until the next few downturns, reality will soon set in. A true guarantee is always better than perceived and forecasted rate of return.
TEN
Is there a place on iCrew or some place that I can see how much per diem I received each day? Thanks!
Gets Weekends Off
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Again if tomorrow Delta offered a 14% raise to end the profit sharing we should jump all over it.
I don't know very much about contracts or negotiations, but let me get this straight:
I give up 14% profit sharing for a 14% raise. Isn't my paycheck going to remain basically unchanged?
In this environment, two thoughts come to my mind:
1) Whiskey Tango Foxtrot.
2) That is ******ing retarded.
Delta is making record profits and other stakeholders are reaping their rewards. The pilot group has taken huge concessions for the past 10 years to assist in the company's road back to profitability.
Market conditions today anticipate a huge pilot shortage that makes the tickets you hold in your pocket worth much more.
I'll be honest. I don't get that.
Let the profit sharing ride and double 14% as an appropriate opener considering the circumstances.
I don't know very much about contracts or negotiations, but let me get this straight:
I give up 14% profit sharing for a 14% raise. Isn't my paycheck going to remain basically unchanged?
In this environment, two thoughts come to my mind:
1) Whiskey Tango Foxtrot.
2) That is ******ing retarded.
Delta is making record profits and other stakeholders are reaping their rewards. The pilot group has taken huge concessions for the past 10 years to assist in the company's road back to profitability.
Market conditions today anticipate a huge pilot shortage that makes the tickets you hold in your pocket worth much more.
I'll be honest. I don't get that.
Let the profit sharing ride and double 14% as an appropriate opener considering the circumstances.
Sailing! How would you even begin to negotiate that without losing value on the deal on a percentage basis. Non starter.
Gets Weekends Off
Joined: Feb 2008
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If you read what I posted I stated exactly that. The company is not going to monetize the profit sharing unless it's at some discount to what they expect future payouts to be. I would take a small discount since raises become cumulative and a guarantee is good however I think the gap would be to large.
Gets Weekends Off
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From: Permanently scarred
Sailing, you can keep saying that you're "only saying blah blah blah", but you're failing to see the point: Your fellow Delta pilots are all telling you how boneheaded your point is. Now if you were onto something that only a genius could put together then I'd think you could make a reasoned argument for the layman to understand. But that's not the case here. Your math is pretty easy to figure out. The average person at this point typically pauses and reviews what they've said to see if they truly meant it. Have you taken this first step, or have you skipped it? Take a moment, collect your thoughts and ponder the idea that perhaps what you've suggested is just plain and simply a bad deal for the Delta pilot.
If you "make it a guarantee" then its no longer profit sharing, its straight pay.
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