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If we didn't have a union pay would already be higher. The union has cost me money if i take into account what Mike S wanted to give us and that i will probably be taking a pay cut every year after the contract except for that initial pay increase with regard to inflation.
I think having to pay 2.5% of your pay for life is really hurting pilots in the long run with regard to inflation.
Can union Kool Aid drinkers even consider the opposing view? Please respond with intellectual stimulating responses.
This is not my account and i am too cheap to pay the $10 fee. So i will have to read from the side lines after this post.
Do unions really pay more year after year? When the IBT takes 2.5% for dues and average inflation per year is 3.0%. So i need a 5.5% pay raise just to keep up with the Joneses. I think net jets gets on average a 3.5% raise every year so with my calculations they are losing 2.0% purchasing power every year.
Dues do not compound. Once you take the initial dues "hit" the ongoing effect on spending power is negligible. It is mathematically incorrect to add and subtract percentages the way you are. The effect of dues on spending power is accomplished by multiplying the percentages. So the effect of dues on spending at NJASAP (considering 3.5% raise and 1.5% dues) is 0.0525%, less than 6 hundredths of a percent.
Man--no wonder your one of the union gurus--you spun that so nicely. I don't think he was talking about the effect of dues on spending at njasap. If I read it correctly he was talking about the effect of dues on his take home pay and thus HIS spending power. Just saying..... But got to hand it to you that was a very nice turn away from his point. Ever thought about a future in politics? I mean other than the union level of course.
harley....cheer up. You are one of the top 3 most depressed, whinny, cry-babies i've ever seen on here.
Go get a dog or start drinking, be glad you got a job.