Profit sharing speculation
#121
Unfortunately, the specifics of the "company plan" are determined by the company and are not outlined in the UPA so ultimately all the MEC can do is:
1) Ask for some common sense. Widespread attention to the issue by passage at multiple LECs gives the union some additional voice in discussions.
2) Negotiate something more specific in the next contract
Considering that #2 is pretty much now off the table until 2019 (or later) all the eggs are in the #1 basket.
2) Negotiate something more specific in the next contract
#122
Gets Weekends Off
Joined APC: May 2015
Position: 777 CA
Posts: 1,039
This.
Unfortunately, the specifics of the "company plan" are determined by the company and are not outlined in the UPA so ultimately all the MEC can do is:
Unfortunately, the specifics of the "company plan" are determined by the company and are not outlined in the UPA so ultimately all the MEC can do is:
1) Ask for some common sense. Widespread attention to the issue by passage at multiple LECs gives the union some additional voice in discussions.
2) Negotiate something more specific in the next contract
Considering that #2 is pretty much now off the table until 2019 (or later) all the eggs are in the #1 basket.2) Negotiate something more specific in the next contract
#123
I think it's an admirable cause but wouldn't get your hopes up. I went to the company website and it's spelled out very clearly that you need a full year to participate. I don't think they'll change the participation rule from one group and not the others.
#124
I would like to see the new hires included.
Some of these guys will bid 777 F/O (or equivalent) after 24 months, and that will put them around $180.00 per hour.
That's what the heavy Captains were making here just a few short years ago.
So….I think they'll be fine either way!
Some of these guys will bid 777 F/O (or equivalent) after 24 months, and that will put them around $180.00 per hour.
That's what the heavy Captains were making here just a few short years ago.
So….I think they'll be fine either way!
#125
Gets Weekends Off
Joined APC: Jun 2010
Position: 747 Captain, retired
Posts: 928
This.
Unfortunately, the specifics of the "company plan" are determined by the company and are not outlined in the UPA so ultimately all the MEC can do is:
Unfortunately, the specifics of the "company plan" are determined by the company and are not outlined in the UPA so ultimately all the MEC can do is:
1) Ask for some common sense. Widespread attention to the issue by passage at multiple LECs gives the union some additional voice in discussions.
2) Negotiate something more specific in the next contract
Considering that #2 is pretty much now off the table until 2019 (or later) all the eggs are in the #1 basket.2) Negotiate something more specific in the next contract
#128
Pretty close to what it turned out to be!
13%.
I'm just glad I don't have to listen to all the goofy guesses from guys who have NO idea how PS works anymore.
"Well, we made triple the profit so my check should be triple"
#129
Um.....isn't that pretty much how it all worked out in the end? Those guys were pretty close considering the claims of 18-22% that have been all over the forums by other guys that "calculated" the numbers.
#130
My point was that people were looking at the size of the profit sharing pool and doing basic math. That's not how it works at all.
There is a set formula, and we start accumulating more dramatically as we hit certain thresholds (of profit).
All the stupidity can end now. We have the number.
Does anyone know how much the average F/A gets? How about the average ramper and gate agent?
I'm just curious how our coworkers were paid.
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