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Originally Posted by Sniper66
(Post 3088758)
I would have filled a grievance and demand a check for 2 months (146 hours ) of pay from my sick bank at United
and you would have won the grievance seriously What sucked worse is that my LTD was based off of a lower (LCAL calculation) seniority. Heck, in the current system, they've still got me listed in some of United's lists as being hired in 2012 instead of 2000. Large company, large bureaucracy. |
Originally Posted by Andy
(Post 3088601)
I'm LUAL; recalled to the LCAL side in early 2012. Diagnosed with cancer Dec 2012. Wasn't allowed to use my SL balance I earned at LUAL. Went two months with no paycheck. It was suboptimal.
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I'm hearing something about a tentative on an early out.
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Originally Posted by mmm123
(Post 3088950)
I'm hearing something about a tentative on an early out.
We’ll hopefully hear something next week when the MEC meets. |
Early Out tentative agreement reached, waiting for MEC approval by next week. It’s good to have some positive news once in a while.
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Originally Posted by LUVPLANES
(Post 3089002)
Early Out tentative agreement reached, waiting for MEC approval by next week. It’s good to have some positive news once in a while.
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Originally Posted by Guppydriver95
(Post 3088895)
I hope you kept that “top of mind” when you were sitting in LEAP class and hearing about core 4. Unbelievable. And sorry you had to go through that.
like a scorned wife (understandably) Darned if you do, darned if you don’t 😝 not really the wrong stance to take, but hopefully you guys can understand that your frustration due to being completely screwed over by previous CEOs prevents you from ever appreciating what you have now. Sure it could be better, but in the grand scheme of leadership, I think we are well above average at this point |
CEOs may not matter much?
Originally Posted by duvie
(Post 3089193)
Hey Oscar, instead of simultaneously trying to build a better airline and restore employee confidence, I prefer you go back through every wrong every United employee has faced and systematically sort those out, while delta continues to pull her head. Thanks
like a scorned wife (understandably) Darned if you do, darned if you don’t 😝 not really the wrong stance to take, but hopefully you guys can understand that your frustration due to being completely screwed over by previous CEOs prevents you from ever appreciating what you have now. Sure it could be better, but in the grand scheme of leadership, I think we are well above average at this point |
Originally Posted by LAXLUVR
(Post 3089239)
I'll be signing off now since the Union has started communicating about voluntary separations/furloughs. It's been educational to learn from you guys and I thank you for the information you have shared. A point to keep in mind I'll humbly offer since you guys know the industry is CEOs and CFOs don't necessarily matter that much for distressed, highly leveraged companies. I haven't looked at Moody's but I suspect UAL is deep in junk bond status. At that point CEOs respond to their primary stakeholders which are the banks that hold the debt, not the shareholders, not the customers, not the employees. The reason I'll offer this very humble opinion is I worked at a investment bank after dusting off an MBA in the mid-2000s. I was was way down the food chain but what I learned is in these situations with junk debt, the bankers are looking for CEOs that will service the debt so the bankers/debt holders can pay out the high interest junk bonds require, if we are in junk status. That's why I was asking about the debt holder, Apollo Group is a tough investor and I was too busy/lazy to dig into the financial reports. Anyway...be safe and I'm one of those old guys with outside income you guys are hoping to see get out of the way. Be well...and let's hope the early outs are as good as Deltas/SWAs and maybe the furloughs will be cut significantly.
well said |
I bet the UA early out will be modeled after AA program with an age attached.
Unlike the Delta offer of up to 5 years and no age attached. 2 cents please |
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