Details on Delta TA
04-09-2015 | 08:16 AM
#3571
Gets Weekends Off
Joined: Jul 2014
Posts: 429
Likes: 0
AA banded the the a330 with the 777 rates. Our 764 and 330 would be in the 777 band at either AA or UAL...which would benefit me. The other AA rates look about 7% higher with no pro shar and crap rigs. Overall, I think we'd reject AA's contract outright and stick with ours. There is clearly a lot of Forum disagreement on ProShar: to monetize all/some/or none. Contract surveys were probably split as well. DAL has made the PS a big part of our corp culture, so I don't see them messing with it much. OFG
04-09-2015 | 08:29 AM
#3572
Line Holder
Joined: Dec 2009
Posts: 1,324
Likes: 53
AA banded the the a330 with the 777 rates. Our 764 and 330 would be in the 777 band at either AA or UAL...which would benefit me. The other AA rates look about 7% higher with no pro shar and crap rigs. Overall, I think we'd reject AA's contract outright and stick with ours. There is clearly a lot of Forum disagreement on ProShar: to monetize all/some/or none. Contract surveys were probably split as well. DAL has made the PS a big part of our corp culture, so I don't see them messing with it much. OFG
Doesn't sound like surveys are split on profit sharing. We want to keep it! (5:43 mark in video)
"Retain Profit sharing." Not reduce, monetize, give up....
04-09-2015 | 08:55 AM
#3573
The Brown Dot +1
Joined: Jun 2009
Posts: 7,775
Likes: 0
From: 777B
I'd like to see an opportunity to select deferred compensation. Individual chooses deferred amount or percentage, stores it in a financial instrument of some kind, takes it out after retirement.
In addition to the 401.
I have no idea on the workability or legality of such a proposal, but at some point even the guys at the lower end of the pay scale will get to the point where current income taxes become counterproductive.
In addition to the 401.
I have no idea on the workability or legality of such a proposal, but at some point even the guys at the lower end of the pay scale will get to the point where current income taxes become counterproductive.
04-09-2015 | 10:03 AM
#3574
Gets Weekends Off
Joined: Jul 2010
Posts: 12,831
Likes: 172
From: window seat
I think we should BOTLO for PS reduction attempts, but should be more concerned with block time change schemes, sick time changes, longer training freezes and other attempts at "productivity" across the board. And of course Scope is A#1 by a mile anyway.
04-09-2015 | 01:02 PM
#3575
Gets Weekends Off
Joined: Jul 2014
Posts: 429
Likes: 0
https://www.youtube.com/watch?v=RQY4i5fDYMM
Doesn't sound like surveys are split on profit sharing. We want to keep it! (5:43 mark in video)
"Retain Profit sharing." Not reduce, monetize, give up....
Doesn't sound like surveys are split on profit sharing. We want to keep it! (5:43 mark in video)
"Retain Profit sharing." Not reduce, monetize, give up....
04-09-2015 | 01:42 PM
#3576
Thread Starter
Gets Weekends Off
Joined: Oct 2009
Posts: 3,108
Likes: 0
It is "just another piece of our contract." It happens to be in Section 3 Compensation, so it's important to me because it ultimately affects how much I'm paid.
If they are trying to reduce it, because it's costing them serious money now, would that really be a "sudden" surprise to anyone?
So you are "perfectly willing" to trade PS. I didn't think you would be, but sorry you can count me as one who would not trade profit sharing for another DB promise. I'd rather they just pay me, I'll make the determination of where I'll put the money.
Reprehensible, or expected? Do any of us really believe that they would show up without a list? We have ours, they have theirs, why does that seem like a surprise, or "reprehensible" and not just a part of the negotiating process? I try to keep the emotion out of it.
If they are trying to reduce it, because it's costing them serious money now, would that really be a "sudden" surprise to anyone?
So you are "perfectly willing" to trade PS. I didn't think you would be, but sorry you can count me as one who would not trade profit sharing for another DB promise. I'd rather they just pay me, I'll make the determination of where I'll put the money.
Reprehensible, or expected? Do any of us really believe that they would show up without a list? We have ours, they have theirs, why does that seem like a surprise, or "reprehensible" and not just a part of the negotiating process? I try to keep the emotion out of it.
The point I was making is management wants to pretend these things never existed and they didn't rape us in bankruptcy.
We have a few good things left in our PWA and now management wants those too. Sick leave, profit sharing, longer freezes, min months, etc. All while we are making profits none of us ever envisioned. Soon we will have little to no debt.
WHY WOULD WE AGREE TO ANY CONCESSIONS?
In case you are wondering, the things I mentioned above will happen when hell freezes over. We are aiming far, far, far to low.
04-09-2015 | 01:46 PM
#3577
Thread Starter
Gets Weekends Off
Joined: Oct 2009
Posts: 3,108
Likes: 0
It is "just another piece of our contract." It happens to be in Section 3 Compensation, so it's important to me because it ultimately affects how much I'm paid.
If they are trying to reduce it, because it's costing them serious money now, would that really be a "sudden" surprise to anyone?
So you are "perfectly willing" to trade PS. I didn't think you would be, but sorry you can count me as one who would not trade profit sharing for another DB promise. I'd rather they just pay me, I'll make the determination of where I'll put the money.
Reprehensible, or expected? Do any of us really believe that they would show up without a list? We have ours, they have theirs, why does that seem like a surprise, or "reprehensible" and not just a part of the negotiating process? I try to keep the emotion out of it.
If they are trying to reduce it, because it's costing them serious money now, would that really be a "sudden" surprise to anyone?
So you are "perfectly willing" to trade PS. I didn't think you would be, but sorry you can count me as one who would not trade profit sharing for another DB promise. I'd rather they just pay me, I'll make the determination of where I'll put the money.
Reprehensible, or expected? Do any of us really believe that they would show up without a list? We have ours, they have theirs, why does that seem like a surprise, or "reprehensible" and not just a part of the negotiating process? I try to keep the emotion out of it.
How far we have fallen. You think it is normal to make concessions.
I have to go now. I'm going to tell Warren Buffet he has to make concessions or I won't buy his stock.
04-09-2015 | 03:16 PM
#3578
Back on TDY
Joined: Apr 2008
Posts: 12,487
Likes: 0
From: 747-400 Captain
Again, it's not about whether we "monetize" profit sharing or not. It's about doing so during the Section 6 process. Clearly, it should only be contemplated after Section 6 is complete.
Carl
04-09-2015 | 03:27 PM
#3580
Back on TDY
Joined: Apr 2008
Posts: 12,487
Likes: 0
From: 747-400 Captain
Carl
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