And done .....

[FamilyGuy]

You...just....don't....get...it. WHY do you think they are getting the pilots from us? I need a bigger hand and bigger face to adequately facepalm this.
Here, watch this video of a "nuclear option" DAL MEC member explaining the things you and Yip just don't seem to grasp. If you wait for NJA to decide to pay up, catch up, whatever you want to call, it...you lose. YOU LOSE BIG.
Pay attention especially at 3:45 and even more at 5:20. Pay attention now to those two critical points, and remember...don't look where the puck is, look where the puck is going.

https://www.youtube.com/watch?v=RQY4i5fDYMM

Thanks for posting. I'd also emphasize the slide at 4.00 of the presentation. The head of the union points out there that they got their industry leading contract in 2000, and then had to quickly agree to concessions after 9/11. They now want a contract that is tied to profit sharing and the overall health of the company. This is a smart move that we would be wise to replicate.

Everyone wants the pilots to be paid fairly. They also want the company to be viable well into the future. Tying a piece of the employee compensation to how well the company is doing is a good way to accomplish this. Both groups interests are aligned and everyone is working towards making the company better and more profitable.

 

[gutshotdraw]

I lived through the idea of "profit sharing" with my better half when she was at Northwest. The triggers to pay off were so convoluted and impossible to attain that we NEVER saw a NICKEL of "profit sharing."

And the way our last CEO was insisting the scheme be structured, we were never going to see a nickel of "profit sharing" at NetJets either. Whether a different plan is proposed by the new management remains to be seen but consider me skeptical of any scheme that ties compensation to "performance."

 

[FamilyGuy]

I lived through the idea of "profit sharing" with my better half when she was at Northwest. The triggers to pay off were so convoluted and impossible to attain that we NEVER saw a NICKEL of "profit sharing."

And the way our last CEO was insisting the scheme be structured, we were never going to see a nickel of "profit sharing" at NetJets either. Whether a different plan is proposed by the new management remains to be seen but consider me skeptical of any scheme that ties compensation to "performance."

A good portion of Delta's executive team including the CEO came from Northwest. Delta's pilot union clearly seems to be happy with how their profit sharing is structured. So what is different in their current profit sharing plan versus what NWA offered?

The concept has merit and has been proven to work, but you are right, it can't be so convoluted that people cant understand it or the executives can game it.

 

[Diesel]

A good portion of Delta's executive team including the CEO came from Northwest. Delta's pilot union clearly seems to be happy with how their profit sharing is structured. So what is different in their current profit sharing plan versus what NWA offered?

The concept has merit and has been proven to work, but you are right, it can't be so convoluted that people cant understand it or the executives can game it.

Profit sharing is quite a bit different when it's a public company and all the financials are public and the sec is there to smack you. Also I don't control my schedule an Osu grad does.

 

[Diesel]

Your response tells us you have no idea how the marketplace works, how a shortage of a commodity (us pilots) creates higher demand relative to supply, thereby creating upward pressure on pay, which is what the union wants. The union is being helped, now that Harry Potter is gone, by the shortage. What on earth is controversial about that?

Yes I understand exactly how the market place works. I'm also involved in every bit of the process and our own negotiation team has told us time and time again that a pilot shortage will not affect this contract especially in a time frame of 90 days.

You've literally been wrong every step of the way. Are you ready to help with the last 80 days counting down? We need everyone's help. Especially from the Glc fleet for our voices to be heard. Or our qol is going to suffer worst than anyone's!!!!!

 

[Mooneymite]

If you never want to see your company post a profit, make profit sharing a part of your contract!

We are labor. We get paid based on what we do, not on how the company does.

Profit sharing is great for managers who have control over profitability, but pilots have no input. We do what we do and should be paid appropriately just like any other overhead expense whether the company profits, or not.

Profit sharing for labor is a terrible idea, but union leadership loves the idea of being paid like management because that's how they come to see themselves.

NO profit sharing!

 

[G4dude]

You...just....don't....get...it. WHY do you think they are getting the pilots from us? I need a bigger hand and bigger face to adequately facepalm this.
Here, watch this video of a "nuclear option" DAL MEC member explaining the things you and Yip just don't seem to grasp. If you wait for NJA to decide to pay up, catch up, whatever you want to call, it...you lose. YOU LOSE BIG.
Pay attention especially at 3:45 and even more at 5:20. Pay attention now to those two critical points, and remember...don't look where the puck is, look where the puck is going.

https://www.youtube.com/watch?v=RQY4i5fDYMM

Thanks for the YouTube video link. I agreed with all of it. My point was, and maybe I didn't adequately communicate it, is that the pilot shortage will HELP our negotiators. I was not arguing that the union shouldn't negotiate aggressively, or that the union is in any way irrelevant. I was giving you good news, that the shortage will help our union get us a good deal.

 

[G4dude]

Yes I understand exactly how the market place works. I'm also involved in every bit of the process and our own negotiation team has told us time and time again that a pilot shortage will not affect this contract especially in a time frame of 90 days.

You've literally been wrong every step of the way. Are you ready to help with the last 80 days counting down? We need everyone's help. Especially from the Glc fleet for our voices to be heard. Or our qol is going to suffer worst than anyone's!!!!!

I am going to wear the lanyard, thanks to my buddy Gutshot. How's that?

 

[Diesel]

I am going to wear the lanyard, thanks to my buddy Gutshot. How's that?

Honestly-

Very impressive. That's more than a lot in our fleet do I thank you for doing so.

I look forward to seeing you out on the road with it. Although I don't return to work till mid july.

 

[CA1900]

They now want a contract that is tied to profit sharing and the overall health of the company. This is a smart move that we would be wise to replicate.

Unless the company is willing to actually open the books to us -- and I mean all the books, to include the other BRK subsidiaries we do business with -- then the concept is an absolute non-starter for me.