Originally Posted by Blockoutblockin

Profit sharing check is posted on payroll advice on the LCAL side. Should have rolled it into my 401K. Those taxes are hefty.

Originally Posted by EWRflyr

Can't be your W2 wages. Your 2011 W2 wages INCLUDES your 2010 profit sharing. You don't earn profit sharing on profit sharing.

My total W2 is completely different than my regular earnings by about $5,000 more...which includes 2010 profit sharing, on-time bonuses, health care credits, etc. The company doesn't pay profit sharing on those.

The company made more profit combined last year. As a result the profit sharing pool is bigger. It's a strict flat amount of 15% pre-tax profits that go into the pool. As was mentioned before, PS is calculated for each employee as if they were in the pool and only the PS for those really in the pool are distributed. All other money is returned to the company coffers.

To be honest, I find the distribution question interesting. For most of last year, as was repeatedly stated, we were operating as two separate companies, until SOC which occurred in November. January 1st of 2012 is the first quarter the company will report combined DOT metrics as United (as they have said) and report all financial results as a combined United with no pro-rata information. So that begs the question, why aren't they considering the profit sharing as being divided up separately? I am honestly curious.

It would seem if there is a United pilot entitlement to 43.5% of the profit sharing pool contractually and we are still operating separately, then the pool would be divided into L-UAL and L-CAL and the pilots would get the bigger share of the L-UAL side.


there is not a 43.5% entitlement. that was the original deal in the 2003 contract, but it was later changed.

I also have to ask are you certain there is no language in the L-UAL contract regarding profit sharing that says it must always stay at this 43.5% mentioned? I ask because L-CAL profit sharing used to be divided up based on two metrics:

43.5% is GONE, not a player

1. 50% of the pool was distributed based on percentage share of payroll (in other words everyone was equal in this pool because this amount of the PS pool was just divided up based on how much you made)

2. The other 50% of the pool was distributed based on the percentage of each work groups give backs during the concessions of 2005. If the pilots gave back 40% of all the concessions, the pilots got 40% of this half of the pool.

However, this distribution method was to be used so long as the company continued to use the same profit sharing plan. The plan was eventually changed by the company for 2010 and on to be a flat 15% of pre-tax profits going into the pool as opposed to the graduated percentage rates of profits it was using. As a result, the payout method changed for all employees.

Originally Posted by SpecialTracking

The first paragraph is simply delusional. J Pos wanted to get PS for the CAL pilots within the framework of the TPA. When that avenue was no longer available, he went outside the TPA thereby violating the status quo. To say that a contractual grievance was used to get $40 million is like buying a a pencil for $3k and getting a Superbowl ticket thrown in for closing the deal. The pencil is not worth $3k and your grievance was not worth $40 million worth of harm.

Originally Posted by EWRflyr

Sorry, but you can't even compare the two since the unknown is what the arbitrator would have decided in regards to monetary penalty should he have sided with CALALPA.

"J Pos"? Really? How childish. I see all this dumped on Jay, but he takes direction from the MEC and can't make those decisions without their approval. Yet, I see not one complaint about our MEC on here. I'm not saying there should be either, but trying to figure out the logic of dumping everything on a guy who basically does as the MEC instructs him to do.

Along those lines, why is your pilot group not calling out Wendy and your MEC for their complete and utter disaster in handling the T&PA extension talks? Agreements to approach it one way and then at the last minute put extra requirements in it? CAL pay rates? Extra money equal to CAL pilot profit sharing? Things that were outside the original T&PA to begin with.
You may have an issue with the process, but the process involved both sides and only had the outcome it did when unrealistic demands by the UAL pilots were presented to management. Of course they were going to say "no" going forward. But it would have been nice in unity if the UAL pilots had given up their PS to keep us on equal footing, right? Didn't think so.

Originally Posted by catan

I wouldn't give a nickle for your form of unity with the CAL pilots. Do you know who you are and where you come from? The stuff in red: Your MEC sold out the United MEC! Don't try to rewrite history, enjoy your spoils.

Originally Posted by syd111

....Your wasting your time even bothering with these guys...

Originally Posted by oldmako

But I have confidence that they are not indicative of the group as a whole. Because if they are, we are surely forked.