B6 Profit Sharing
01-23-2020, 08:37 AM
#31
Gets Weekends Off
Joined APC: Aug 2019
Posts: 1,188
Originally Posted by antbar01
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.
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.
01-23-2020, 08:43 AM
#32
Gets Weekends Off
Joined APC: Jan 2019
Posts: 357
Originally Posted by antbar01
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.
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.
01-23-2020, 10:35 AM
#34
The REAL Bluedriver
Joined APC: Sep 2011
Position: Airbus Capt
Posts: 6,882
Originally Posted by antbar01
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.
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.
01-23-2020, 04:06 PM
#39
SDQ Base Chief
Joined APC: Mar 2006
Position: 320 CA
Posts: 5,588
Originally Posted by ShyGuy
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%
01-23-2020, 04:27 PM
#40
The REAL Bluedriver
Joined APC: Sep 2011
Position: Airbus Capt
Posts: 6,882
Originally Posted by Flyby1206
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%
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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