These two questions are closely related so I will give my opinions to both. Why it failed followed by the remedy in --- --- I posted this at swapilotforum.com also.
1) Ratification bonus was too low. The side letters added $2bn in revenue over 2 years in my understanding yet we were offered $125m as a bonus. ---Bonus needs to be doubled---
2) No appreciable increase in 401(k) contribution (match). Our peers get a 15-16% contribution but we are stuck with a 10% match. ---As a compromise institute a 150% match to a max company match of 15% with no cap---
3) Redeye override went from 15% to 3%. ---Leave it at 15%---
4) 4% DOS snap up. ---Needs to be 8%---
5) "The Association" can waive rule allowing only single DH after redeye. ---Either define "The Association" or remove that language---
6) Can only ELITT redeye flying for redeye flying. --Remove--
7) Giving away Max flying for free. ---No way. It needs an override or separate pay scale. This is potentially a 200 seat airplane. Is it not? I don't want to fly a 757 for 737 pay---
8) "The Association" can waive codeshare protections (PDEW). ---Either define "The Association" or remove that language---
9) MOU= back door PBS. ---I don't want a single swapa dollar going towards this study---
10) Fatigue calls require a fatigue report before you get paid. Really? We are adults here. ---Remove---
11) No appreciable improvements to reserve. ---Reserve needs to be more palatable. Pay per day, trip ownership etc.---