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Originally Posted by sailingfun
(Post 1718601)
It should have no impact on the raises we achieve in section 6. They are different issues.
I don't think the company will ever fully transfer PS money to guaranteed money outside of a broad section 6 though, because they know how powerful an cursory scan of the pay tables can be. Every other group has been restored to pre BK pay except the pilots. There is no need to help them "hide" any raises until and unless our pay exceeds that at the very least. |
Originally Posted by sailingfun
(Post 1718704)
So 14% guaranteed is not as good as 0 to 14% depending on profit.
Got it! We give up the 14% profit sharing for a 28% pay raise. (in the context of negotiating the next contract). When I've got all the cylinders firing, I can understand something like that. |
Originally Posted by gloopy
(Post 1718715)
OK I can agree with that in principal. However if we try to combine it all in one TA, the entire percentage will be sold as the "raise". If, for example, someone's minumim was 20% on DOS, even if we got that, if 14% of it was PS elimination, it was only a 6% DOS raise if you bifurcate the issue. That's why we should leave it out this time around, and just focus on the raise WRT section 3 (with Section 1 always being the most important) and other sections. Then, after that, we can merely move PS money to guaranteed money.
I don't think the company will ever fully transfer PS money to guaranteed money outside of a broad section 6 though, because they know how powerful an cursory scan of the pay tables can be. Every other group has been restored to pre BK pay except the pilots. There is no need to help them "hide" any raises until and unless our pay exceeds that at the very least. |
Originally Posted by sailingfun
(Post 1718704)
So 14% guaranteed is not as good as 0 to 14% depending on profit.
Got it! |
Originally Posted by sailingfun
(Post 1718711)
The funny part about this whole thing is when the profit sharing first came out the forum declared it worthless!
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Originally Posted by GogglesPisano
(Post 1718689)
JFK/MAN returns next summer. We also get EWR/LHR sooner -- not bad for the NYC guys. But I'm a glass-needs-more-beer kind of guy.
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Originally Posted by GunshipGuy
(Post 1718723)
Very good, very good effort....but wrong. But I like the effort. No, assuming 14% it would be 14% for 14% does not make a win. You think we're going to get 0% in profit sharing this year? No, you don't so why would you try to exchange PS for 14% in this contract? If you said you were in favor of PS for 30% I'd say you have my attention (in a good way). But 1 for 1? Who are you pulling for? (checking the page I'm on here to make sure it's not Airline Management Central). Gotta tell you, this kind of ridiculous thought process does not give me a lot of hope. Again, pause, breathe and contemplate the possibility you're wayyyyyy off here.
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Originally Posted by sailingfun
(Post 1718684)
I would take a small discount since raises become cumulative and a guarantee is good however I think the gap would be to large.
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Originally Posted by sailingfun
(Post 1718711)
So 14% guaranteed is not as good as 0 to 14% depending on profit.
Got it! The funny part about this whole thing is when the profit sharing first came out the forum declared it worthless! 14% guaranteed and 14% profit sharing is good. |
Originally Posted by casual observer
(Post 1718716)
You've got a point, but keep it simple for the likes of me.
We give up the 14% profit sharing for a 28% pay raise. (in the context of negotiating the next contract). When I've got all the cylinders firing, I can understand something like that. Let's put it in simpler terms. If the at the end of contract negotiations when we are minutes from a TA and pay rates set already we said to the company the following. "You have told us the company is going to continue to make great profits and we can expect a average of 14% per year in profit sharing. We will call this a TA and take the agreement to the MEC if you monetize that profit sharing as a 14% additional raise. Since you have assured us of the profit level it cost you nothing!" Would that be good or bad for the pilots? |
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