Latest Negotiator's Notepad
05-20-2016 | 02:58 PM
#61
Racketeer
Joined: Mar 2015
Posts: 13,248
Likes: 707
From: N60.4858 W149.9327
If you look at what we will get in 2017 for the year 2016 the profit sharing would end up about 4% less. The max would be 5.74% plus maybe a quarter of a percent if management gave themselves a large increase in stock. We are losing 2% or more by the shift in payroll over to the non con side. If it would have been 26% this year the drop would be to 22%. That's not much less lucritive in my book.
Your trust in managements good will and promises are misplaced and dangerous. Not changing the formula allows a benchmark for the future.
05-20-2016 | 03:05 PM
#62
Racketeer
Joined: Mar 2015
Posts: 13,248
Likes: 707
From: N60.4858 W149.9327
Which union? the old one? We will defend and exploit every word as management has. Get ready for a lot of contract administration enforcement.
Last edited by notEnuf; 05-20-2016 at 03:21 PM.
05-20-2016 | 03:09 PM
#63
Racketeer
Joined: Mar 2015
Posts: 13,248
Likes: 707
From: N60.4858 W149.9327
05-20-2016 | 03:42 PM
#65
Banned
Joined: Nov 2013
Posts: 430
Likes: 0
Please do. Keep in mind the current MEC and Neg Comm are using the same costing that we used got the TA and feel it is valid.
05-20-2016 | 04:08 PM
#66
Moderator
Joined: Dec 2007
Posts: 7,253
Likes: 96
From: DAL 330
05-20-2016 | 04:28 PM
#67
Banned
Joined: Nov 2013
Posts: 430
Likes: 0
I would love to know where your numbers come from. The dispute from last year was in two areas. The one of importance was the company writing off Venezulian debt which totaled 188 million dollars. There was a second area concerning severance payments that I believe brought the total to 200 million. If we win the grievance the company will have to add 40 million dollars to the profit sharing pool for last year. 20% of 200 million. The pilot share of that would be about 14 million or just over half a percent more in profit sharing. It will be a nice little check when we win but nothing near 4%. To generate 4% extra the amount being grieved would need to be well over 1.5 billion dollars.
05-20-2016 | 04:30 PM
#68
Banned
Joined: Nov 2013
Posts: 430
Likes: 0
The discussion was the pay rate relative to UAL not the merits of our contract. Like it or not the AMR and UAL payrates will have a large impact on any future TA.
05-20-2016 | 04:52 PM
#70
Gets Weekends Off
Joined: Feb 2008
Posts: 2,349
Likes: 16
He doesn't care about its merits, just wanted the money before he sailed away. The only guys I've seen that still argue for TA2015 just wanted the money before they left and didn't care about the concession wake they left behind. They'll be gone.
Thread
Thread Starter
Forum
Replies
Last Post
