Profit sharing concessions
07-24-2016 | 04:12 PM
#1
Thread Starter
Line Holder
Joined: Dec 2009
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Profit sharing concessions
In C2012 we gave profit sharing concessions for pay rates. Yes, permanent profit sharing concessions for temporary pay rates.
Think about this:
We are already losing because of these concessions. We are not currently benefiting from these concessions as our current rates are currently due to a 3B4 increase and not the rates we traded profit sharing for. Our negotiated rates are null and void. The profit sharing concession is already obsolete in our current pay scales, EXCEPT of course we don't get the profit sharing.
Had we not gave away profit sharing, we'd still have our current rates today and the PROFIT SHARING we gave away.
Let's not make this mistake again!
Think about this:
We are already losing because of these concessions. We are not currently benefiting from these concessions as our current rates are currently due to a 3B4 increase and not the rates we traded profit sharing for. Our negotiated rates are null and void. The profit sharing concession is already obsolete in our current pay scales, EXCEPT of course we don't get the profit sharing.
Had we not gave away profit sharing, we'd still have our current rates today and the PROFIT SHARING we gave away.
Let's not make this mistake again!
07-24-2016 | 05:27 PM
#2
Gets Weekends Off
Joined: Jul 2008
Posts: 5,575
Likes: 316
In C2012 we gave profit sharing concessions for pay rates. Yes, permanent profit sharing concessions for temporary pay rates.
Think about this:
We are already losing because of these concessions. We are not currently benefiting from these concessions as our current rates are currently due to a 3B4 increase and not the rates we traded profit sharing for. Our negotiated rates are null and void. The profit sharing concession is already obsolete in our current pay scales, EXCEPT of course we don't get the profit sharing.
Had we not gave away profit sharing, we'd still have our current rates today and the PROFIT SHARING we gave away.
Let's not make this mistake again!
Think about this:
We are already losing because of these concessions. We are not currently benefiting from these concessions as our current rates are currently due to a 3B4 increase and not the rates we traded profit sharing for. Our negotiated rates are null and void. The profit sharing concession is already obsolete in our current pay scales, EXCEPT of course we don't get the profit sharing.
Had we not gave away profit sharing, we'd still have our current rates today and the PROFIT SHARING we gave away.
Let's not make this mistake again!
07-24-2016 | 07:15 PM
#4
Runs with scissors
Joined: Dec 2009
Posts: 7,847
Likes: 0
From: Going to hell in a bucket, but enjoying the ride .
And I hope you all noticed that in the company's section 3 proposal, not only do they want to remove their pay and bonuses prior to our profit sharing PTIX calculations, they also want section 3B4 to go away!
07-24-2016 | 07:18 PM
#5
Line Holder
Joined: Jul 2008
Posts: 1,325
Likes: 9
From: 3fidy
This is probably the most obvious item that needs to go. Their way of placating the other employee groups I'm sure. "See we reduced the pilot's profit sharing too." They also seem to want to put every bad deal United has into our contract.
Last edited by Hawaii50; 07-24-2016 at 07:32 PM.
07-24-2016 | 08:03 PM
#8
Da Hudge
Joined: Oct 2006
Posts: 17,473
Likes: 0
From: Poodle Whisperer
In C2012 we gave profit sharing concessions for pay rates. Yes, permanent profit sharing concessions for temporary pay rates.
Think about this:
We are already losing because of these concessions. We are not currently benefiting from these concessions as our current rates are currently due to a 3B4 increase and not the rates we traded profit sharing for. Our negotiated rates are null and void. The profit sharing concession is already obsolete in our current pay scales, EXCEPT of course we don't get the profit sharing.
Had we not gave away profit sharing, we'd still have our current rates today and the PROFIT SHARING we gave away.
Let's not make this mistake again!
Think about this:
We are already losing because of these concessions. We are not currently benefiting from these concessions as our current rates are currently due to a 3B4 increase and not the rates we traded profit sharing for. Our negotiated rates are null and void. The profit sharing concession is already obsolete in our current pay scales, EXCEPT of course we don't get the profit sharing.
Had we not gave away profit sharing, we'd still have our current rates today and the PROFIT SHARING we gave away.
Let's not make this mistake again!
Get rid of the DC and mgmt deductions, and we're ok here.
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