Any "Latest & Greatest" about Delta?
This is what I have been saying for years. I think it is crazy that we "add" our profit sharing into our total compensation, especially when negotiating pay rates. We've been duped by the company and ALPA into believing it is compensation when it is in fact a bonus.
Now for sailingfun, I get that it is actually compensation. I do see the money, I do pay taxes on the money, it is money. However, to include that into my total compensation when negotiating pay rates is about as absurd as adding the ticket value of my non-rev first class seat to Paris into my total compensation.
It is a bonus, pretend like it is going to be $0 every year.
Gets Weekends Off
Joined APC: Oct 2009
Posts: 3,108
Pretend like it doesn't even exist during Section 6. When we are done, then go back and negotiate what you want to do with PS and payrates.
For that to work, we would need to have MEMRAT be a requirement.
I'm for something like that. I would prefer it be monetized if we can see that we aren't just trading it for something else like we did last time.
Gets Weekends Off
Joined APC: Feb 2008
Posts: 19,599
^^^^^^^!!!!!!!!
This is what I have been saying for years. I think it is crazy that we "add" our profit sharing into our total compensation, especially when negotiating pay rates. We've been duped by the company and ALPA into believing it is compensation when it is in fact a bonus.
Now for sailingfun, I get that it is actually compensation. I do see the money, I do pay taxes on the money, it is money. However, to include that into my total compensation when negotiating pay rates is about as absurd as adding the ticket value of my non-rev first class seat to Paris into my total compensation.
It is a bonus, pretend like it is going to be $0 every year.
This is what I have been saying for years. I think it is crazy that we "add" our profit sharing into our total compensation, especially when negotiating pay rates. We've been duped by the company and ALPA into believing it is compensation when it is in fact a bonus.
Now for sailingfun, I get that it is actually compensation. I do see the money, I do pay taxes on the money, it is money. However, to include that into my total compensation when negotiating pay rates is about as absurd as adding the ticket value of my non-rev first class seat to Paris into my total compensation.
It is a bonus, pretend like it is going to be $0 every year.
Gets Weekends Off
Joined APC: Jun 2009
Posts: 5,113
That would actually make a lot more sense. You could have a discussion about the lower % portion at that point. My main concern is that we have to have some mechanism to benefit when the company delivers substantial returns.
Straight QOL, homie
Joined APC: Feb 2012
Position: Record-Shattering Profit Facilitator
Posts: 4,202
I expect a 4/6.5/3/3 raise like last contract if profit sharing is left alone. With profit sharing, I'm finally making more than my friends at Southwest hired about the same time. I expect our retirement contributions to be brought up to 16 percent to match the other big 2. I expect our JV scope to be renegotiated to put the company into compliance (unfortunate, but probably true), and I expect the unverified sick leave to drop to 75 hours per year if not 50. We'll see what actually happens, but this is what I am expecting based on our history and the rumors I'm hearing. I also expect split duty periods.
The JV violation by itself is a major source of leverage. I thought ALPA was going to grieve it at 0001 on 1 March?
Banned
Joined APC: Jan 2013
Position: NYC A320 FO
Posts: 65
If its zero I earn less than a Southwest pilot. I want Section 6 constructed to guarantee I earn at least as much or more.
I support a sunset on Profit Sharing. Phase it out. It isn't pay, and it isn't equitably distributed. When it goes away, we'll all be better off.
I support a sunset on Profit Sharing. Phase it out. It isn't pay, and it isn't equitably distributed. When it goes away, we'll all be better off.
Winter storm "JUNO"...FTB, this is all your fault!
Carl
Carl
Straight QOL, homie
Joined APC: Feb 2012
Position: Record-Shattering Profit Facilitator
Posts: 4,202
Thread
Thread Starter
Forum
Replies
Last Post