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Signing Bonus? (retro pay?-UPS)

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Old 08-20-2010, 06:52 AM
  #11  
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Originally Posted by FlyFishin
Night Hawk - Love the new profile pic. I hope he likes buying tickets to work.

I am sure he doesn't give a s@*t about it.
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Old 08-21-2010, 04:52 AM
  #12  
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Originally Posted by Night_Hawk
I am sure he doesn't give a s@*t about it.
NH,

You're going to have to change your avatar. Our little lost sheep has come back to the flock. Check the B&G "confession."
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Old 08-21-2010, 05:28 AM
  #13  
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Originally Posted by Archie Bunker
NH,

You're going to have to change your avatar. Our little lost sheep has come back to the flock. Check the B&G "confession."
I bet it drives this company crazy, when despite all their efforts, the IPA just keeps getting more unified. Glad to see Capt M. back...

100%IPA
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Old 08-21-2010, 07:34 AM
  #14  
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Originally Posted by EagleDriver
Does anyone know what the signing bonus/retro pay check amounted to for Captains and FO's when UPS signed their last contract? I had heard it was a considerable sum. How long, after their amendable date, did it take to get a signed contract? In other words, was the retro pay check a 100% recoup of the wages lost while the company dragged out contract talks?

Has any other pilot group received a retro pay check for signing an agreement after the amendable date of their contract, and if so what was the amount?

A signing bonus is a bribe from the company to enduce the union membership to overlook undesirable issues in a proposed contract. They hope you will be short sighted and not look at the big picture. It is usually a red flag that the proposed contract is a dog.
Retro pay is a push from the union for the company to not drag their feet in negotiations.
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Old 08-21-2010, 07:47 AM
  #15  
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Originally Posted by 757upspilot
A signing bonus is a bribe from the company to enduce the union membership to overlook undesirable issues in a proposed contract. They hope you will be short sighted and not look at the big picture. It is usually a red flag that the proposed contract is a dog.
Retro pay is a push from the union for the company to not drag their feet in negotiations.
A perfect description and definitely accurate for us last time.
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Old 08-21-2010, 09:28 AM
  #16  
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Originally Posted by 757upspilot
Retro pay is a push from the union for the company to not drag their feet in negotiations.
ALPA led the way with forgiving companies of their retro pay obligations, so don't blame the IPA for missing that target in 2006.

I don't even know if it would work, but one way to "push" the company with some force over the retro issue is to have a "retro clause" already negotiated into the expiring agreement.

A day late and a dollar short ... this time.
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Old 08-21-2010, 09:37 AM
  #17  
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Originally Posted by CactusCrew
ALPA led the way with forgiving companies of their retro pay obligations, so don't blame the IPA for missing that target in 2006.

I don't even know if it would work, but one way to "push" the company with some force over the retro issue is to have a "retro clause" already negotiated into the expiring agreement.

A day late and a dollar short ... this time.
Signing bonuses are fine as long as they are worth more than the retro would have been.
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Old 08-21-2010, 12:34 PM
  #18  
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Originally Posted by Naven
Signing bonuses are fine as long as they are worth more than the retro would have been.
Good luck with that ...
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Old 08-21-2010, 01:50 PM
  #19  
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Originally Posted by Sideshow Bob
A perfect description and definitely accurate for us last time.
With all due respect how much frickin' money do you think you deserve!!?? You make 250K per year and get 2 weeks off a month. Cry me a river, but that's ridiculous. We have the best contract anywhere and you/we got a substantial signing bonus. In light of what the economy has done, the 2008 UPS/IPA contract was the deal of the century for us (the IPA).

Do you not have friends at the pax carriers or FDX? There are plenty of things to complain about regarding UPS, but the contract is certainly not one of them.
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Old 08-21-2010, 03:10 PM
  #20  
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Originally Posted by L'il J.Seinfeld
With all due respect how much frickin' money do you think you deserve!!?? You make 250K per year and get 2 weeks off a month. Cry me a river, but that's ridiculous. We have the best contract anywhere and you/we got a substantial signing bonus. In light of what the economy has done, the 2008 UPS/IPA contract was the deal of the century for us (the IPA).

Do you not have friends at the pax carriers or FDX? There are plenty of things to complain about regarding UPS, but the contract is certainly not one of them.
From your perspective I can understand your attitude. You will note that this contract barely passed and many only looked at the signing bonus bribe.
Retro Pay is an a push for the company to get a contract done. A signing bonus is a bribe to hide a contract that is flawed.
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