Change in PTIX formula?
06-16-2015, 05:27 PM
#11
Gets Weekends Off
Thread Starter
Joined APC: Jul 2008
Posts: 4,940
When I first read this in the TA, I honestly thought it was a pro. Turns out it's a concession. I have no idea what it's going to cost us. Could be 2-3 percent paycut in profit sharing payout on top of the 5.75 percent we are giving up. Don't hold me to this as I really don't know. I'm not sure why this change was made. Maybe so they can pay half the profit sharing in Oct. and that money will not count towards profits? I don't know.
06-16-2015, 06:00 PM
#12
veut gagner à la loterie
Joined APC: Apr 2008
Position: Light Chop
Posts: 23,286
There is a estimate floating around. I saw $0.20 loss of PS for every dollar RA makes or something but would like to see more info.
Note this may be where Credit Susie and Bloomberg came up with their numbers that the company will save more than it spends.
Note this may be where Credit Susie and Bloomberg came up with their numbers that the company will save more than it spends.
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