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Originally Posted by antbar01
(Post 2962552)
The point of profit sharing, from the management side, is getting employee buy-in. It’s something that they pay for, something they purchase. If Delta decided they were done with that model tomorrow, they have 1000 accountants ready to hide the profits from their own formula in a perfectly legal way.
Your anger may be misdirected, in this instance. Jetblue management doesn’t care about your buy-in, and your union can’t make them care. Fly the FOM and FARs. It’s the only thing you can do. |
Originally Posted by antbar01
(Post 2962552)
The point of profit sharing, from the management side, is getting employee buy-in. It’s something that they pay for, something they purchase. If Delta decided they were done with that model tomorrow, they have 1000 accountants ready to hide the profits from their own formula in a perfectly legal way.
Your anger may be misdirected, in this instance. Jetblue management doesn’t care about your buy-in, and your union can’t make them care. Fly the FOM and FARs. It’s the only thing you can do. |
I mean they did just raise their bag fee to 40 a bag. They don’t care at all.
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Originally Posted by antbar01
(Post 2962552)
The point of profit sharing, from the management side, is getting employee buy-in. It’s something that they pay for, something they purchase. If Delta decided they were done with that model tomorrow, they have 1000 accountants ready to hide the profits from their own formula in a perfectly legal way.
Your anger may be misdirected, in this instance. Jetblue management doesn’t care about your buy-in, and your union can’t make them care. Fly the FOM and FARs. It’s the only thing you can do. The pilot group could have voted the CBA down, but that was NEVER going to happen on the first CBA and even if the pilots had voted it down, I would bet my house that profit sharing wouldn't have been one of the things "leadership" would have been willing to revisit, for pure political/optical reasons. |
Happy Profit Sharing day!
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Originally Posted by Bluedriver
(Post 2962716)
Happy Profit Sharing day!
don blue gloves do standups SET hang around and say goodbye preserve the culture Sure. Ok. Message received. |
Originally Posted by Minty
(Post 2957143)
We got a passion email. I had a dream that I paid off my wife's car with it then took her to Europe.
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Originally Posted by ShyGuy
(Post 2962760)
You guys don't get any PS, nothing at all? What does the email say for this year?
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Originally Posted by ShyGuy
(Post 2962760)
You guys don't get any PS, nothing at all? What does the email say for this year?
Historic JB profit sharing payouts: 2005: 0% 2006: 0.69% 2007: 0% 2008: 0% 2009: 0% 2010: 0.02% 2011: 0% 2012: 0.42% 2013: 1.59% 2014: 3.02% 2015: 15.87 2016: 16.35% 2017: 1.9% 2018: 0.2% 2019: 0% |
Originally Posted by Flyby1206
(Post 2962885)
Mgmt has continually changed the PS formula over the years to make sure it stays de minimus. We had decent payouts in 2015-16 and then mgmt changed the formula again to ensure that wouldn't happen any longer.
Historic JB profit sharing payouts: 2005: 0% 2006: 0.69% 2007: 0% 2008: 0% 2009: 0% 2010: 0.02% 2011: 0% 2012: 0.42% 2013: 1.59% 2014: 3.02% 2015: 15.87 2016: 16.35% 2017: 1.9% 2018: 0.2% 2019: 0% |
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