Profit Sharing?

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01-15-2023 | 05:42 AM

#11

JTwift

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Quote:

Originally Posted by FlewNavy

They were all on probation at the time so most likely nodding in agreement followed by WTF comments in the Dtree bar.

I was still in shock that he actually answered a question about the contract instead of just answering questions about being a TK instructor.

01-15-2023 | 06:01 AM

#12

Chuck D

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Joined: Apr 2010

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He’s not wrong. Zero retro or signing bonus would incentivize closing quicker for the employee. Full retro incentivizes taking all the time it needs and pressures the company. That said full retro or equivalent please.

01-15-2023 | 06:11 AM

#13

Spesiellsporing

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Joined: Oct 2022

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Quote:

Originally Posted by JTwift

I was still in shock that he actually answered a question about the contract instead of just answering questions about being a TK instructor.

Hubris. They're managers and we're widgets to be managed.

01-15-2023 | 06:14 AM

#14

Shrek

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Joined: Aug 2006

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Quote:

Originally Posted by JTwift

As spoken by a higher-up at TK, "Kirby doesn't do retro because it incentivizes the pilot group to delay negotiations."

Yes, that was actually said.

He doesn’t have to believe in it but it will still be a “thing” 😎

01-15-2023 | 07:45 AM

#15

Spesiellsporing

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Quote:

Originally Posted by Chuck D

Politely disagree. That would be true if we were signing a Todd extension and considering the time value of money. A true Section 6 involves more than wages and any retro that would result in the future. Full retro would force the company to compensate us for lost wages. The company is still saving a metric ton of money by delaying thus relieving the pressure you speak of.

Essentially, we're being ripped off every contract.

01-15-2023 | 08:14 AM

#16

fadec

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Joined: Mar 2015

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United is behind its peers for NB pay rates. Alaska is earning more right now. Spirit and Jet Blue will be voting soon. Here's the breakdown...

Alaska: +8%, Spirit: +6%, JetBlue: +17%.

Why is United earning less than these peers? If Kirby doesn't do retro that's understandable. That's not normally done in the LCC segment of the industry. Our NB rates should be within a couple of percent of Spirit at worst. JB is probably unsustainable. I understand that. But this is ridiculous.

01-15-2023 | 12:21 PM

#17

Tpgf

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Joined: Jan 2023

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Do you still get to participate in profit sharing if you are on leave but were active part of the year? Is it pro-rated?

01-15-2023 | 12:24 PM

#18

Sunvox

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Joined: Sep 2010

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From: UAL retired

Quote:

Originally Posted by Tpgf

Do you still get to participate in profit sharing if you are on leave but were active part of the year? Is it pro-rated?

Yes. PS is paid based on what percent of payroll your annual salary represents so if you earn less you get less, but still in proportion to what you earned relative to the total pie of payroll.

01-15-2023 | 12:26 PM

#19

Tpgf

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Quote:

Originally Posted by Sunvox

Yes. PS is paid based on what percent of payroll your annual salary represents so if you earn less you get less, but still in proportion to what you earned relative to the total pie of payroll.

Thank you. Was hoping it would work something like that.

01-15-2023 | 12:27 PM

#20

Sunvox

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Joined: Sep 2010

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From: UAL retired

Quote:

Originally Posted by fadec

I suspect you consider yourself witty, but I'm afraid your sarcasm is usually lost in translation and honestly you have shown a distinct ability to add less than zero to this otherwise entertaining and sometimes informative forum. I bet you were a "meow" guy back in your RJ days. Goes to show how worthless the Hogan test is.