9 September Chairman's letter

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Quote: Ok, vacation. It's going to be better, but feel free to call it a concession if you like.

I'll put that on the concession side along with "maybe" getting a doctor's note.

So far that's not adding up to a 27.3% increase.

What else is so draconian? There must be some horrible QOL concessions that will keep me away from my family to make us want to give up so much money. I'm just trying to figure out what they are.

Self funding profit sharing reduction, vacation sell back, virtual basing, TDY, pilot pushing sick leave, and simple cost of living.

Why do keep compounding simple cost of living? That is not a gain.
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Quote: Ok, vacation. It's going to be better, but feel free to call it a concession if you like.
Vaca is NOT improving. Adding :15 to eventually :30 of pay no credit does absolutely nothing to give you even one second more time off. So we maintain 4 days off per "week" for reserves and less for many line holders.

Zero. Improvement.

You can't seriously consider throwing a few credit of pay only our way a section improvement when that section deals with something else. Vacation is for paid time off. The company's poison pill proposals don't give us one second of additional time off.

That would be like allowing 100 seaters at DCI for a few credit hours of pay per year hidden somewhere else and calling it a scope improvement because technically it increased the hours paid.

No one. No. One. is falling for this.

The company's vacation proposal is a power drunk fantasy and won't get past MEMRAT. I suspect JM knows this and knows better than to send that turd our way.
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Quote: Of course. There was a lengthy discussion on PS in the "PSA" thread a few down.

I'm happy to have discussions, but repeating ourselves on every thread gets tiresome.
So, that post about converting profit sharing to payrates is your answer?

New question for discussion since you have yet to answer it.

What happens next contract cycle after we have converted some percentage of profit sharing to payrates, in negotiations and our payrates are compared with our peers?(like is happening right now to our converted PS from C2012) I'll give you a hint. Poof... those $ are gone. And gone without anything gotten in return. Just like our C2012 converted PS, gone.
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Quote: So, that post about converting profit sharing to payrates is your answer?

New question for discussion since you have yet to answer it.

What happens next contract cycle after we have converted some percentage of profit sharing to payrates, in negotiations and our payrates are compared with our peers?(like is happening right now to our converted PS from C2012) I'll give you a hint. Poof... those $ are gone. And gone without anything gotten in return. Just like our C2012 converted PS, gone.
So you're suggesting we'd have had an easier time getting up to industry leading rates had we started from a lower rate? Or we'll have an easier time next cycle? That's simply not logical.

You also seem to be suggesting that management, we, the NMB, and the market don't consider PS as a part of our compensation. That's just not realistic.

Do you think nobody notices the huge checks that get deposited in February?

The answer to your question about what effect it'll have on negotiations: None. Absolutely zero.

All it would do is make some money guaranteed instead of at-risk, and have it delivered earlier.

But again, it's a moot point. The pilots have decided they'd rather gamble sure money rather than accept the exact same amount they might possibly win if everything goes right.
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Quote: But again, it's a moot point. The pilots have decided they'd rather gamble sure money rather than accept the exact same amount they might possibly win if everything goes right.
I'm sure glad you are not negotiating on our behalf. Your inability to comprehend profit sharing is baffling.

Did we do the right thing in 2012 trading profit sharing? Do you realize they were traded for rates that didn't even keep up with 3b4 increases? We essentially gave up PS for nothing. Now's the time to leave it alone so the likes of you don't give up more of it for absolutely nothing again.
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Why do you guys continue to debate Mantooth, et al???????? They are just baiting you. If you just ignore them they will be invisible and we can move on. Let them post but just IGNORE them.
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Quote: So you're suggesting we'd have had an easier time getting up to industry leading rates had we started from a lower rate? Or we'll have an easier time next cycle? That's simply not logical.

You also seem to be suggesting that management, we, the NMB, and the market don't consider PS as a part of our compensation. That's just not realistic.

Do you think nobody notices the huge checks that get deposited in February?

The answer to your question about what effect it'll have on negotiations: None. Absolutely zero.

All it would do is make some money guaranteed instead of at-risk, and have it delivered earlier.

But again, it's a moot point. The pilots have decided they'd rather gamble sure money rather than accept the exact same amount they might possibly win if everything goes right.
no they don't. They deal in absolutes, not "what ifs". Profit Sharing is a What If and can't be costed.
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Quote:
Did we do the right thing in 2012 trading profit sharing?
Yes! Of course we did! We bought low, sold high, and converted a set dollar amount of "maybe" money for a higher amount of definitely money. It's an absolute no-brainer for anyone who can operate a calculator.

Which is why few here can apparently comprehend it.
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Quote: Yes! Of course we did! We bought low, sold high, and converted a set dollar amount of "maybe" money for a higher amount of definitely money. It's an absolute no-brainer for anyone who can operate a calculator.

Which is why few here can apparently comprehend it.
How would not trading PS for pay rates have affected the 3.B.4 raises we got last year?

Hint...we'd have the exact same pay rates today as we would have had with no PS exchange in C12.
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Quote: So you're suggesting we'd have had an easier time getting up to industry leading rates had we started from a lower rate? Or we'll have an easier time next cycle? That's simply not logical.

You also seem to be suggesting that management, we, the NMB, and the market don't consider PS as a part of our compensation. That's just not realistic.

Do you think nobody notices the huge checks that get deposited in February?

The answer to your question about what effect it'll have on negotiations: None. Absolutely zero.

All it would do is make some money guaranteed instead of at-risk, and have it delivered earlier.

But again, it's a moot point. The pilots have decided they'd rather gamble sure money rather than accept the exact same amount they might possibly win if everything goes right.
how can PS be considered part of our compensation when you guys keep saying it is fickle and could go away any moment? You sir are talking out of both sides of your mouth to get your money. The young guys are not going to give concessions so you can bounce in 3 years....sorry bro
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