Busboy

I'm going to assume you are joking with all this. Good job.

Otherwise, you might want to into signing up for some adult education courses...I would suggest, Logic and Math.

pinseeker

I would suggest the same for you.

March 1, 2013-Feb 28, 2014 3%
March 1, 2014-Feb 28, 2015 3%
March 1, 2015-Nov 1, 2015 2% (2/3 X 3%)

If you get 3% in March of 2015 and then 2% in Nov of 2015, isn't that two raises in one year?

Maybe you can still get that GED.

TonyC

Let's try this math. The 2011 CBA was characterized as a "Bridge Contract", something to hold us over until we could intelligently discuss 14 CFR Part 117, rules which had yet to be written. So let's start with the 2006 CBA and see where this bridge has brought us.

The last Pay Rate Increase in the 2006 CBA was October 30, 2009.

The next Pay Rate Increase, the first of the "Bridge Contract", was the first day of the March, 2011 bid period. (Ouu, there's that term again, Bid Period.) Before you break out your calendars to remember what day that was, let's make the next step and simplify the math.

The first Pay Rate Increase in the 2015 TA is November, 2015. Now, I realize there's a difference of a couple days between October 30 and November, but I'm trying to simplify the math, so can we let those 2 days go for a minute? Good.

So, since the last Pay Rate increase of the 2006 CBA we have seen 5 October 30th's pass, and we're coming up on the 6th. IF we were on the 3% per year slope, where would we be?


October 30, 2010 -- 3%
October 30, 2011 -- 3%
October 30, 2012 -- 3%
October 30, 2013 -- 3%
October 30, 2014 -- 3%
October 30, 2015 -- 3%

That's a total of six October 30th's for a total of 18%.

Now, back to the "Bridge Contract", where we got 2 3% pay rate increases. Subtract that from the 18% (and ignore the fact that moving the date 4 months later created a perpetual gap) and we're left with 12% just to keep even with the 3% slope we were on in 2006.

Now, how exactly does a 10% pay rate increase next month make up for the raises we missed?






.

TonyC

Now let's get a bit more complicated. Adding up 3% and 3% to get 6% doesn't quite tell the story of compounding. A 3% raise followed by a 3% raise isn't a 6% raise above the original, it's ... well, it's a little more.

Using the "table" from above and 15-year Wide-Body Captain rates, what should our November 2025 rate be, and what percentage "raise" is that?


October 30, 2009 - Last published Rate: $245.65
October 30, 2010 -- 3% : $253.02 (Achieved in Mar 2011 Bridge)
October 30, 2011 -- 3% : $260.61 (Achieved in Mar 2012 Bridge)
October 30, 2012 -- 3% : $268.43 (Missed)
October 30, 2013 -- 3% : $276.48 (Missed)
October 30, 2014 -- 3% : $284.77 (Missed)
October 30, 2015 -- 3% : $293.31 (Won't hit that, either)

So, from the last pay raise of the 2006 CBA, that's a total compounded rate increase of 19.4%. But, we got a portion of that in the Bridge TA. To bring us up to this level from the current bridge rates, we would need an increase of 12.5%.

Hmm, I guess that makes it even worse that in appears.

Pesky math

Again, how exactly does a 10% pay rate increase next month make up for the raises we missed?

Shoot, forget about our disagreements on the rate of inflation, just look at the rate of our normal pay rate increases. Every one of the last 5 pay rate increases has been 3%. The 2015 TA doesn't even keep up with that.






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Rock

It gets us a little closer then sitting at our current pay rates for another couple years while we hope our next NC can coax more money out of the company than the last did. The same pesky math applies to the future as well. $5000 a year for a "signing bonus" doesn't compensate for the money we won't be earning without the 10% pay raise we would gain the first year of this TA.
Unless you assume the company will be willing to compensate us for rejecting the current TA they and our MEC agreed to.

The Walrus

I guess a little closer is good enough.

The Walrus

At some point, we have to put on our big boy pants.

Rock

I guess that's about as good a future negotiating strategy as I've heard so far. I'm sure showing up in long pants at the next phase of negotiations will prompt Fred to make it rain money all over us.

TonyC

You seem content to lower your gaze and answer, "Yes, Massah. Thank ya, Massah." I guess we should just shut up and sharpen our hoes, there's cotton to be chopped!






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Rock

Um hmmm. And you seem content to urge the troops to run ahead of you with no plan other than "go get me...erm...I mean us more money boys. Momma needs a new pair of shoes and I've spent my career counting on Uncle Smith to pay my way into the old folks home. Ready! Fire! Aim! Chaaaasrge! I'm right behind ya".