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[QUOTE=RJSAviator76;2545802]Once the bonus check is gone, your new work rules are in full gear, only then will you know if it was the right thing to do.
NMB will always tell any group they’ll “never release” them as long as the parties are negotiating. But once the TA is voted down, it’s a different ball game. Loss of pay going forward is only the case if you don’t *require* the full retro. There’s plenty of recent precedent for it. By accepting a fraction of a bonus, you provide the company with greater savings on dragging their feet. The fact that you got the largest percentage increase means your pay rates were grossly subpar and outdated and shouldn’t be considered too radical or special. You have no skin in the game in day to day operations because you don’t get profit sharing. Given the industry trends, you left a very big chunk of change on the table, likely to the tunes of tens of thousands of dollars per pilot. But in the end, I’m just an outside observer. You folks voted your conscience. It’s as simple as that. Congratulations on your new contract. Onto bigger and better things! That profit sharing is working out really well for B6 right now. Your argument is full of holes. |
Originally Posted by Flyondawall
(Post 2545816)
[That profit sharing is working out really well for B6 right now.
Your argument is full of holes. Ours is 11.3% for last year and is getting paid next week. It’s nice to have a skin in the game.... |
Originally Posted by RJSAviator76
(Post 2545802)
Once the bonus check is gone, your new work rules are in full gear, only then will you know if it was the right thing to do.
NMB will always tell any group they’ll “never release” them as long as the parties are negotiating. But once the TA is voted down, it’s a different ball game. Loss of pay going forward is only the case if you don’t *require* the full retro. There’s plenty of recent precedent for it. By accepting a fraction of a bonus, you provide the company with greater savings on dragging their feet. The fact that you got the largest percentage increase means your pay rates were grossly subpar and outdated and shouldn’t be considered too radical or special. You have no skin in the game in day to day operations because you don’t get profit sharing. Given the industry trends, you left a very big chunk of change on the table, likely to the tunes of tens of thousands of dollars per pilot. But in the end, I’m just an outside observer. You folks voted your conscience. It’s as simple as that. Congratulations on your new contract. Onto bigger and better things! Sent from my iPhone using Tapatalk Wrong. No skin in the game? How about getting paid pretty well to do your job effectively without scratching the airplane? There’s your skin in the game. Go buy some stock if you need more. I’ve worked at places that profit sharing has easily disappeared and turned into a performance bonus that turned out to be nothing if the performance goals weren’t met. |
Originally Posted by Douglas9
(Post 2545891)
Wrong. No skin in the game? How about getting paid pretty well to do your job effectively without scratching the airplane? There’s your skin in the game. Go buy some stock if you need more.
I’ve worked at places that profit sharing has easily disappeared and turned into a performance bonus that turned out to be nothing if the performance goals weren’t met. |
Originally Posted by Douglas9
(Post 2545891)
Wrong. No skin in the game? How about getting paid pretty well to do your job effectively without scratching the airplane? There’s your skin in the game. Go buy some stock if you need more.
I’ve worked at places that profit sharing has easily disappeared and turned into a performance bonus that turned out to be nothing if the performance goals weren’t met. LOL! Well... when you don’t know, you just don’t know. |
Originally Posted by Qotsaautopilot
(Post 2545912)
That can’t happen if the formula for calculating the profit sharing is contractually mandated.
Of course management always complies with what’s in the contract. I must have been dreaming when it happened to the pilot group I was working with. |
Originally Posted by RJSAviator76
(Post 2545822)
Ours is 11.3% for last year and is getting paid next week. It’s nice to have a skin in the game....
For now you can use it to offset your ginormous healthcare costs. |
Looks like we have at least one more month of paid transition conflicts.
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Originally Posted by Flyondawall
(Post 2546076)
Well, let’s see what happens to it during negotiations. For now you can use it to offset your ginormous healthcare costs.
Uh... what? I’m on our Regular Plan and pay exactly $0 in monthly premium, $200 individual deductible or $300 for the family and max out of pocket for the year is $2500. |
Originally Posted by RJSAviator76
(Post 2546083)
Uh... what? I’m on our Regular Plan and pay exactly $0 in monthly premium, $200 individual deductible or $300 for the family and max out of pocket for the year is $2500.
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