A Perspective and Opinion of the Current TA
09-24-2015, 04:24 PM
#71
Gets Weekends Off
Joined APC: Apr 2007
Position: B777
Posts: 564
Originally Posted by pinseeker
How are you coming up with four years? We have missed the 2013, 2014, and 8 months of the 2015 pay raise. That's 2.67 years. 10% over that period of time is 3.75%/year. Better than the 3% you are using.
. Does the DOS (date of signing) pay rate increase of 10% account for for 3% year over year increases since March of 2012, as described to you and your MEC?
No. Even though a 3% year over year slope is considered to be the bare minimum, it wasn't met. To substantiate the claims made in the video clip above, the DOS increase should have been just over 11.4% - not the 10% DOS increase contained in this TA, and certainly not 8% as mentioned in the video. In the 2010 'Bridge' TA you got 3% year over year raises while the economy was falling apart. Not meeting that minimum slope this time as claimed will cost you approximately $92 million. Again, that mistake coupled with the miscalculation of the signing bonus (another $13.3 million deficit) are more than enough to offset additional income from the Bridge TA during 2011 and 2012. See references (1)(2)(3) below.
09-24-2015, 07:18 PM
#72
Gets Weekends Off
Joined APC: Jul 2014
Posts: 296
I was just looking at the Alpa document on the Union website that describes what the TA is worth. I was looking at the retirement section. There is a part that says, "Total additional cash out the door"? Is the Union trying to say that the pay raises from DOS until 2021 for a WBCA that total $305.151 are part of a "retirement benefit? I thought the pay raises were to offset the cost of inflation. Is the Union really trying to sell the pay raises as a retirement increase?
09-25-2015, 06:26 AM
#73
Gets Weekends Off
Joined APC: Aug 2006
Posts: 1,820
Originally Posted by FlybyKnite
OK, don't trust my public math skills; how about the Block 1 Rep who in his most recent message said the following below. Note his 11.4% vs my 12%; yep, a "real raise" if it had happened .
. Does the DOS (date of signing) pay rate increase of 10% account for for 3% year over year increases since March of 2012, as described to you and your MEC?
No. Even though a 3% year over year slope is considered to be the bare minimum, it wasn't met. To substantiate the claims made in the video clip above, the DOS increase should have been just over 11.4% - not the 10% DOS increase contained in this TA, and certainly not 8% as mentioned in the video. In the 2010 'Bridge' TA you got 3% year over year raises while the economy was falling apart. Not meeting that minimum slope this time as claimed will cost you approximately $92 million. Again, that mistake coupled with the miscalculation of the signing bonus (another $13.3 million deficit) are more than enough to offset additional income from the Bridge TA during 2011 and 2012. See references (1)(2)(3) below.
What you are missing is that we got a 3% raise in 2012. Our next scheduled raise would have been 2013. I asked the block 1 rep about this and he agreed that 2013 would have been the next raise. I then asked him how he came up with 44 months without a raise instead of 32. He couldn't, yet he still hasn't corrected his math. If you take a 3% raise in 2013, a 3% raise in 2014, and 2/3 of a 3% raise in 2015 (because we would get that raise in Nov 2015) and compound that annually, you come up with an 8.2% raise. Last time I checked, 10%>8.2%.
The block 1 rep made a statement, he hasn't shown the math because his math doesn't add up.
I tend to trust what the ALPA accountants have said rather than the unproven statements of the block 1 rep.
09-25-2015, 06:34 AM
#74
Gets Weekends Off
Joined APC: Aug 2006
Position: leaning to the left
Posts: 4,184
Originally Posted by pinseeker
Fly,
What you are missing is that we got a 3% raise in 2012. Our next scheduled raise would have been 2013. I asked the block 1 rep about this and he agreed that 2013 would have been the next raise. I then asked him how he came up with 44 months without a raise instead of 32. He couldn't, yet he still hasn't corrected his math. If you take a 3% raise in 2013, a 3% raise in 2014, and 2/3 of a 3% raise in 2015 (because we would get that raise in Nov 2015) and compound that annually, you come up with an 8.2% raise. Last time I checked, 10%>8.2%.
The block 1 rep made a statement, he hasn't shown the math because his math doesn't add up.
I tend to trust what the ALPA accountants have said rather than the unproven statements of the block 1 rep.
What you are missing is that we got a 3% raise in 2012. Our next scheduled raise would have been 2013. I asked the block 1 rep about this and he agreed that 2013 would have been the next raise. I then asked him how he came up with 44 months without a raise instead of 32. He couldn't, yet he still hasn't corrected his math. If you take a 3% raise in 2013, a 3% raise in 2014, and 2/3 of a 3% raise in 2015 (because we would get that raise in Nov 2015) and compound that annually, you come up with an 8.2% raise. Last time I checked, 10%>8.2%.
The block 1 rep made a statement, he hasn't shown the math because his math doesn't add up.
I tend to trust what the ALPA accountants have said rather than the unproven statements of the block 1 rep.
09-25-2015, 06:52 AM
#75
Gets Weekends Off
Joined APC: Aug 2006
Posts: 1,820
Originally Posted by Busboy
Uhhh...We've already missed 3 raises, Mar 2013, Mar 2014, and Mar 2015. And by Nov, we're 8 months into missing the next one.
09-25-2015, 08:27 PM
#77
Gets Weekends Off
Joined APC: Aug 2006
Position: leaning to the left
Posts: 4,184
Originally Posted by pinseeker
Uhhh...We've missed 2/3rds of the 2015 raise by November. We will have missed 100% of the 2015 raise by Feb 28, 2016.
09-26-2015, 02:10 AM
#78
Gets Weekends Off
Joined APC: Aug 2006
Posts: 1,820
Originally Posted by Busboy
So...the March 2015 3% raise should have come in March 2016. OK. Got it.:roll eyes:
09-26-2015, 09:37 AM
#79
Gets Weekends Off
Joined APC: Apr 2006
Position: MD-11 Captain
Posts: 4,304
It could be worse ...
You could be assembling new iPhones in a factory in China for 17 cents/hr.
Aaron Sorkin to Tim Cook: You've Got a Lot of Nerve - Hollywood Reporter
Aaron Sorkin to Tim Cook: You've Got a Lot of Nerve - Hollywood Reporter
09-26-2015, 06:41 PM
#80
Gets Weekends Off
Joined APC: Jan 2007
Position: 777
Posts: 866
Originally Posted by MaydayMark
You could be assembling new iPhones in a factory in China for 17 cents/hr.
Aaron Sorkin to Tim Cook: You've Got a Lot of Nerve - Hollywood Reporter
Aaron Sorkin to Tim Cook: You've Got a Lot of Nerve - Hollywood Reporter
Ya, But I think you get free housing....sooooo
Thread
Thread Starter
Forum
Replies
Last Post
