Just as important - any value we get for trading PS for pay-rates only last 1 contract cycle. After that it is gone, poof, as if it never existed.

Some in DALPA say it is unrealistic that the company would pay us significantly more than our competition and also the NMB would "park" us if we hold out for such.

WIth this in mind just suppose we trade 6% PS for pay. Next contract our pay rates are limited by the negotiating environment and our competitions compensation as DALPA loves to remind us. Does anyone really think we would be successful in saying "Hey you have to not count 6% of our pay because that was a trade for PS! last contract."

Trading PS for pay-rates is a fools errand. Don't believe me - just ask yourself: If it is so good for us why is it at the top of the companies wants?

Answer - Because they know in the long run the only way they can reduce/eliminate it is by trading it for pay-rates. If they can convince us that it is also a pay-raise - double bonus for management!

Scoop

 

They've already convinced DALPA. Fortunately 65% of us recognized that taking a $20 bill out of your left pocket and putting it in your right pocket is not a raise.

 

So while we are at it why don't we just eliminate all our pay and just have a massive PS payout each February? What a deal.

Further, C2K that everyone treats as sacred actually got rid of all PS... and that was advertised and accepted as a great move.

By the way most of us, even the 35% yes voters, understood that the PS for pay rates was indeed NOT a raise. DALPA should never have referred to it as such.

 

Herk,

Answer this please: If the trade of profit sharing for pay-rates is so good for us why is it an aboslute "must-have" for the company?

If it was truly a neutral trade they should have the attitude of "We don't care one way or the other PS or pay-rates it makes no difference to us." But they don't - it is extremely important to them - ask yourself why this might be.


As far as DALPA trying to sell the trades as a raise, you are correct. Go back and review the NN memos - very disingenuous and slanted information which only backfired in the end.

Scoop

 

How about when oil goes back up to 80/barrel ? Just look at fuel cost on financial statement and double it and report back how much your PS is worth. Not saying one way or the other what is better, just pointing out numbers.

 

Some analysts are saying 20 barrel is possible. Lions and tigers and bears, oh my! I'm buying a Learjet to commute.

 

The goal is to expand the enterprise. The jump from airline to industrial is an expansion that we can ride with the profit sharing. As the business grows a small percentage will grow the dollar value, without negotiation. The earnings growth is forecast at 18%. The growth of the enterprise will expand the profit even without a 20% margin.

Delta Air Lines Inc - DAL - Stock Quotes

 

When that happens (3 years down the road?), if we've traded our PS for money, then what will the company want us to concede next? The money we traded for the PS?

Not saying one way or the other what is better, just figure most people can figure it out on their own. 65% already did.

 

Back to the subject at hand. We will get our pay rate increase of up to 3% in the coming years. First bump should be December 1st.


"3 B.4. language remains in effect, giving us up to 3% raises in the coming years."

"Any raises granted to more than 30% of our fellow employees will be matched for us, up to 3% annually."

John Lewis
C1 Chairman’s Update #2
June 29, 2015

 

I'd be happy with a 3% raise, every 3 months.