Concession discussions in our future?
#21
Line Holder
Joined: Nov 2013
Posts: 244
Likes: 22
Someone on the SWAPA forum had a great take on this... #keepdean can just as easily be used as a management war cry as well. We will be asked what are we willing to give up to keep Dean on the property.
Not a damn thing other than voluntary ETO and retirements. I’m pretty junior too and I give myself a 50/50 chance of avoiding furlough if loads don’t go north of 60% come 1Oct. I’m ready. Hope Dean is too. We are already 4th in compensation and benefits among the top 4 major airlines. We’ve given enough. I want to come back to the same job I left and start building it back up to being #1 in pilot compensation.
Not a damn thing other than voluntary ETO and retirements. I’m pretty junior too and I give myself a 50/50 chance of avoiding furlough if loads don’t go north of 60% come 1Oct. I’m ready. Hope Dean is too. We are already 4th in compensation and benefits among the top 4 major airlines. We’ve given enough. I want to come back to the same job I left and start building it back up to being #1 in pilot compensation.
#24
Gets Weekends Off
Joined: Mar 2017
Posts: 588
Likes: 0
I’m a hard no on concessions! I’ll be one of the first ones on the street if it comes to a furlough, but I want to come back to the same job. No concessions!
Thats’s pretty low IMO for them to jump straight to concessions before exploring VLOA and early out programs first. Temporary reduction of monthly guarantee should even be before paycut.
I love SWA, but I’ll put the LUV aside and vote NO! in a heartbeat if they start looking for a contract grab.
Thats’s pretty low IMO for them to jump straight to concessions before exploring VLOA and early out programs first. Temporary reduction of monthly guarantee should even be before paycut.
I love SWA, but I’ll put the LUV aside and vote NO! in a heartbeat if they start looking for a contract grab.
#25
Gets Weekends Off
Joined: Feb 2018
Posts: 1,264
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They already are looking for a contract grab. It's not an "if".
We are about five WEEKS into the coronavirus crisis. Look how much has changed in the last five weeks.
They cannot furlough anyone, if they're going to do that, until Oct 1. That's more than five MONTHS away.
Who knows how much things will change between now and then? Who knows how the public's attitude will change toward the virus? Who knows what scientific developments will occur between now and then? Who knows?
As a symbolic gesture, let's start with the executive leadership team, all VP's and higher, giving up 75% of their total compensation package to include stock options, bonuses, and all other extras beyond their salary. Let the 75% haircut remain in place until the corporation returns to profitability and all concessions that any labor group may end up agreeing to as a result of the covid crisis eliminated. I'm sure even the lowliest VP would still be bringing in a couple of hundred thousand dollars per year even after a 75% pay package cut.
Let's also start with the senior executive team reimbursing the corporation their tens of millions of dollars in bonuses over the last several years for their, in light of the current situation, poor decision to buy back billions of dollars of shares. How useful would those extra billions and billions be to the corporation now? Instead, those billions of dollars in buy backs did nothing other than enrich Wall St investors, SWA executives, and SWA BOD members.
Then, let's talk, keeping in mind that SWA is the world's strongest airline financially. Let's keep in mind that when our pilot group needed improved pay and benefits, the executives dragged out our last negotiating cycle for five years. Let's also remember that when our mechanics needed improved pay and benefits, the executive dragged out their negotiations for seven-plus years and filed two lawsuits against their union.
If the executives feel like they need to pull the trigger on a furlough, let them blow one of the last remaining vestiges of illusion that we work for, as one person on another forum put it, a "family" airline.
Go ahead. Make my day.
#27
Gets Weekends Off
Joined: Feb 2018
Posts: 1,264
Likes: 0
Yup.
Besides, we already gave $1.2 billion in concessions by ratifying a below-market value contract in 2016 that features, among other things, health insurance that calls chemotherapy for breast cancer "preventative" and therefore, not covered. Btw, don't forget that the same guy who recommended a "yes" vote on that sub-Platform, sub-market-value TA is also the same guy who recommended a "yes" vote on the MOU that is currently wreaking havoc on our lives. He's still in charge of leading this pilot group through the rest of the covid crisis. People better wake up (why did our 2VP just resign?)
Concessions are a permanent answer to a temporary problem.
Besides, we already gave $1.2 billion in concessions by ratifying a below-market value contract in 2016 that features, among other things, health insurance that calls chemotherapy for breast cancer "preventative" and therefore, not covered. Btw, don't forget that the same guy who recommended a "yes" vote on that sub-Platform, sub-market-value TA is also the same guy who recommended a "yes" vote on the MOU that is currently wreaking havoc on our lives. He's still in charge of leading this pilot group through the rest of the covid crisis. People better wake up (why did our 2VP just resign?)
Concessions are a permanent answer to a temporary problem.
#28
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#29
Gets Weekend Reserve
Joined: Jul 2007
Posts: 4,259
Likes: 240
From: B737CA
They want to furlough? OK, start with SWA U right up to the VP, then work your way over to VP of Diversity and Inclusion and that whole department, Culture and Engagement, at least 3/4 of IT department for all their usefulness, etc.
Lots of fat to trim before reaching any of the ones who actually produce revenue.
Lots of fat to trim before reaching any of the ones who actually produce revenue.
#30
Line Holder
Joined: Nov 2013
Posts: 244
Likes: 22
Hey Sport, I said I want to come back, not WHEN I come back. I get that this ain’t your first rodeo... don’t assume you’re special, you ain’t been my shoes either.
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