First Week Openers
09-21-2022 | 03:57 AM
#61
Gets Weekends Off
Joined: Apr 2022
Posts: 162
Likes: 0
Ok, let's play your imaginary game.
Make believe numbers let's say our current pay compared to the legacies puts us within a 15% delta of earning potential.
We go ahead and accept a 'good deal' on paper, then the legacies make their deals.
After all the deals are made our earning potential compared to the legacies only puts us at a 25% delta.
WOW, glad we were first though ! we can hang our hats on being first ! what a an achievement !!! we should be sooooo proud !!!
GTFOH
Make believe numbers let's say our current pay compared to the legacies puts us within a 15% delta of earning potential.
We go ahead and accept a 'good deal' on paper, then the legacies make their deals.
After all the deals are made our earning potential compared to the legacies only puts us at a 25% delta.
WOW, glad we were first though ! we can hang our hats on being first ! what a an achievement !!! we should be sooooo proud !!!
GTFOH
09-21-2022 | 04:28 AM
#62
Gets Weekends Off
Joined: Jun 2016
Posts: 182
Likes: 0
Ok, let's play your imaginary game.
Make believe numbers let's say our current pay compared to the legacies puts us within a 15% delta of earning potential.
We go ahead and accept a 'good deal' on paper, then the legacies make their deals.
After all the deals are made our earning potential compared to the legacies only puts us at a 25% delta.
WOW, glad we were first though ! we can hang our hats on being first ! what a an achievement !!! we should be sooooo proud !!!
GTFOH
Make believe numbers let's say our current pay compared to the legacies puts us within a 15% delta of earning potential.
We go ahead and accept a 'good deal' on paper, then the legacies make their deals.
After all the deals are made our earning potential compared to the legacies only puts us at a 25% delta.
WOW, glad we were first though ! we can hang our hats on being first ! what a an achievement !!! we should be sooooo proud !!!
GTFOH
09-21-2022 | 06:40 AM
#63
Perennial Reserve
Joined: Jan 2018
Posts: 14,246
Likes: 257
Ok, let's play your imaginary game.
Make believe numbers let's say our current pay compared to the legacies puts us within a 15% delta of earning potential.
We go ahead and accept a 'good deal' on paper, then the legacies make their deals.
After all the deals are made our earning potential compared to the legacies only puts us at a 25% delta.
WOW, glad we were first though ! we can hang our hats on being first ! what a an achievement !!! we should be sooooo proud !!!
GTFOH
Make believe numbers let's say our current pay compared to the legacies puts us within a 15% delta of earning potential.
We go ahead and accept a 'good deal' on paper, then the legacies make their deals.
After all the deals are made our earning potential compared to the legacies only puts us at a 25% delta.
WOW, glad we were first though ! we can hang our hats on being first ! what a an achievement !!! we should be sooooo proud !!!
GTFOH
Let’s be real, NK already lags B6 rates by ~25%, and they opened negotiations already. Simply pegging NK pay to B6 pay would start the ball rolling quicker, provide more short term gain, and set NK AND B6 pilot groups up better for a higher joint expectation on the JCBA. And don’t overlook the time value of money. $$ in your 401k today are worth more than the same dollars in their two years from now - unless you are buying Bolivian tin futures or something.
09-21-2022 | 06:43 AM
#64
Perennial Reserve
Joined: Jan 2018
Posts: 14,246
Likes: 257
So when the first over leveraged legacy gets forced into bankruptcy and the judge forces a concessionaire contract on their pilot group the pay goes down? Be sure to build an only upward ratchet into that clause.
09-21-2022 | 07:29 AM
#66
Line Holder
Joined: May 2015
Posts: 490
Likes: 41
On the flip side, how much might we lose if we drag this out two plus years staying on the same contract until the JCBA? Not only do we lose the money we might have made, we make a low ball JCBA offer look better, because it would be an even greater improvement over the current contract than an interim LOA or contract would have been.
Let’s be real, NK already lags B6 rates by ~25%, and they opened negotiations already. Simply pegging NK pay to B6 pay would start the ball rolling quicker, provide more short term gain, and set NK AND B6 pilot groups up better for a higher joint expectation on the JCBA. And don’t overlook the time value of money. $$ in your 401k today are worth more than the same dollars in their two years from now - unless you are buying Bolivian tin futures or something.
Let’s be real, NK already lags B6 rates by ~25%, and they opened negotiations already. Simply pegging NK pay to B6 pay would start the ball rolling quicker, provide more short term gain, and set NK AND B6 pilot groups up better for a higher joint expectation on the JCBA. And don’t overlook the time value of money. $$ in your 401k today are worth more than the same dollars in their two years from now - unless you are buying Bolivian tin futures or something.
couldn’t agree more . Well stated.
09-21-2022 | 08:27 AM
#67
That/It/Thang
Joined: Aug 2020
Posts: 3,500
Likes: 362
09-21-2022 | 12:08 PM
#68
Gets Weekends Off
Joined: Jun 2016
Posts: 182
Likes: 0
Yes that’s pretty much what I meant. Our pay doesn’t always have to trail by xxx amount… just can never trail more than xxx
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