Details on Delta TA
04-03-2015 | 07:52 AM
#3431
Gets Weekends Off
Joined: Dec 2014
Posts: 1,184
Likes: 0
They can make all the estimates they wish, but it won't be counted by the NMB in this Section 6 process. It can't be counted because the foundation of profit sharing is future profits...which are unknowable.
Not with the NMB they won't. If it gets rolled into the overall pie, it will be because our union agrees to this concession that would never be tolerated by the NMB's costing analysis.
Completely incorrect. Pay rates and profit sharing are only connected historically. They cannot be proportional in any way when negotiating a Section 6 contract because Section 6 deals with negotiating future items.
Nobody is calling profit sharing a free lunch. Profit sharing simply has no quantifying capability in Section 6.
Carl
Not with the NMB they won't. If it gets rolled into the overall pie, it will be because our union agrees to this concession that would never be tolerated by the NMB's costing analysis.
Completely incorrect. Pay rates and profit sharing are only connected historically. They cannot be proportional in any way when negotiating a Section 6 contract because Section 6 deals with negotiating future items.
Nobody is calling profit sharing a free lunch. Profit sharing simply has no quantifying capability in Section 6.
Carl
04-03-2015 | 07:53 AM
#3432
Banned
Joined: Oct 2013
Posts: 147
Likes: 0
Quit being silly Carl. The NMB does not believe in perpetual motion anymore than I do. You believe in it, and that is your prerogative. The world of business and finance disagree with you. What else can I say? How do you think things like insurance annuities are valued? If we go by your reasoning, they can't be valued because the future is unknowable. LOL!
Where were you educated? Dude, c'mon.
You likely know somebody in management in one company or another, or perhaps someone who has a business degree in finance. Why don't you run your thesis on costing of profit sharing by them and get their take. Using your imagination to put yourself in the shoes of a business owner might work if you give it a try.
Where were you educated? Dude, c'mon.
You likely know somebody in management in one company or another, or perhaps someone who has a business degree in finance. Why don't you run your thesis on costing of profit sharing by them and get their take. Using your imagination to put yourself in the shoes of a business owner might work if you give it a try.
04-03-2015 | 07:55 AM
#3434
Gets Weekends Off
Joined: Dec 2014
Posts: 1,184
Likes: 0
You likely know somebody in management in one company or another, or perhaps someone who has a business degree in finance. Why don't you run your thesis on costing of profit sharing by them and get their take. Using your imagination to put yourself in the shoes of a business owner might work if you give it a try.
04-03-2015 | 08:03 AM
#3435
Gets Weekends Off
Joined: Jul 2014
Posts: 429
Likes: 0
They can make all the estimates they wish, but it won't be counted by the NMB in this Section 6 process. It can't be counted because the foundation of profit sharing is future profits...which are unknowable.
Not with the NMB they won't. If it gets rolled into the overall pie, it will be because our union agrees to this concession that would never be tolerated by the NMB's costing analysis.
Completely incorrect. Pay rates and profit sharing are only connected historically. They cannot be proportional in any way when negotiating a Section 6 contract because Section 6 deals with negotiating future items.
Nobody is calling profit sharing a free lunch. Profit sharing simply has no quantifying capability in Section 6.
Carl
Not with the NMB they won't. If it gets rolled into the overall pie, it will be because our union agrees to this concession that would never be tolerated by the NMB's costing analysis.
Completely incorrect. Pay rates and profit sharing are only connected historically. They cannot be proportional in any way when negotiating a Section 6 contract because Section 6 deals with negotiating future items.
Nobody is calling profit sharing a free lunch. Profit sharing simply has no quantifying capability in Section 6.
Carl
04-03-2015 | 08:05 AM
#3436
Gets Weekends Off
Joined: Apr 2012
Posts: 406
Likes: 0
From: 7ER Costar
04-03-2015 | 08:10 AM
#3437
Gets Weekends Off
Joined: Dec 2014
Posts: 1,184
Likes: 0
Been a lurker for a long long time. Finally got the nerve to get a profile. I should go back to lurking actually. It would be healthier, but I can't let him go unchallenged.
04-03-2015 | 08:11 AM
#3438
Back on TDY
Joined: Apr 2008
Posts: 12,487
Likes: 0
From: 747-400 Captain
My view on pay rates is grounded by what is possible. What is possible is grounded in what is responsible. Specifically, what is responsible management from the board's and shareholders perspective. That ultimately will determine the size of the pie. So I like to start with what is rational, but likely pushing the envelope. That sets my upper bound. My lower bound will be established by industry standard plus a dollar, which is pushing the envelope in the other direction. I expect something in between those bounds.
Carl
04-03-2015 | 08:24 AM
#3440
Back on TDY
Joined: Apr 2008
Posts: 12,487
Likes: 0
From: 747-400 Captain
Where were you educated? Dude, c'mon.
You likely know somebody in management in one company or another, or perhaps someone who has a business degree in finance. Why don't you run your thesis on costing of profit sharing by them and get their take. Using your imagination to put yourself in the shoes of a business owner might work if you give it a try.
You likely know somebody in management in one company or another, or perhaps someone who has a business degree in finance. Why don't you run your thesis on costing of profit sharing by them and get their take. Using your imagination to put yourself in the shoes of a business owner might work if you give it a try.
Carl
Thread
Thread Starter
Forum
Replies
Last Post
