The companies current table position is to raise the DC funding to 16%. Sounds good however they have proposed eliminating that payment on profit sharing. With the profit sharing last year the actual rate paid by the company was just over 18%. If we keep the PS pensionable and the companies profit meets current guidance we would be looking at close to 20% on 2017 earnings. Giving up pensionability of the profit sharing would be a huge giveback.

 

I agree sailing. Their current position also includes the greedy officers eat before their troops PTIX calculation provision. That is yyuuggee as well. I honestly believe that any TA we see, regardless of content, won't pass if the company touches PS...imho

 

I could be alone, but I hate this analogy. Our management team is not analogous in any way to senior military leaders. Our nation's senior leaders (mostly) earned their position through demonstrations of effective leadership, (mostly) understand and demonstrate actual leadership, (mostly) care about the welfare of their subordinates and generally make only single digit multiples more income than their troops.

EB has demonstrated no leadership skills that I am aware of. His experience as an auditor puts him more aligned with a senior civil servant auditor in DFAS...with the exception being his immense compensation package.

SD sounds like a great guy by all accounts, but his demonstrably misleading statements about management's intent to be "industry-leading" have me thinking he's no officer-equivalent either.

It's scary to think how advantaged we could be as a company if we actually signed an agreement that was industry-leading in pay, benefits and work rules. Having that option requires a management team that understands motivation, understands sacrifice, and actually values its people over short-term profits. THAT would be leadership and the officers/troops analogy might have some validity.

 

okay....lets just say its like the babydaddy getting his christmas bling on.....and then telling the babymomma to get hers and the babys at the dollar store.

 

At the C44 LEC Meeting JM stated he was confident the negotiatiors will be able to remove this toxin

 

If they want any agreement to get out of the MEC, this is fundamental. Even the 7 would not vote for this. Well maybe Buzz, I can't put anything past that guy.