I don't need an industry leading contract. I have a contract that makes me not an "at will" employee. A contract that can not get me fired if I say something to someone at an airport, hotel, etc... that they take the wrong way and run to management and say that I was bad mouthing the company. Being that the contract Ricci gave you guys says exactly that. What about Ricci saying they won't touch your pay for 1 year. That would really instill confidence in me as to what is going to happen to your pay in 1 year.
Here is the thing, Flops might not make the most money out there. But a contract is much more than that. I have no fear of telling them I will not be going over 14 hrs, on day 1 or even day 8 on my way home. If they can't get me home in 14 hrs, they need to change the schedule, or if I get home the next day, I get my comp time. I don't need to fear telling them that I will not fly over 10/24, that I am fatigued, etc......
And the biggest of them all. I know exactly where I stand when Ricci gets a big fat check from someone to buy the company, or he decides that he wants to stay forever in his Cabo house and never think about Options again. Because when Ricci is gone, my contract says these are my working conditions and rules. Whoever can not come in and change it on a whim, like your vacation and sick time that Ricci made into an all for one PTO.