To quote the offer. (Not to confuse anyone this was the May offer)
"After more than a year of negotiations, FedEx Corp. has offered its pilots tens of millions in signing bonuses if they will agree to an annual 3 percent raise and no other changes to their 1999 contract.
Although aviation analysts call the offer "innovative" and "promising," union officials Wednesday said it is unacceptable because it does not address job and retirement security, among other issues. They they plan to negotiate as if nothing happened."
I love the fact that analysts call it "innovative". Hate to see what a mundane offer would look like. I guess it is innovative in the fact it is non-existent, and it took only a year to come up with.
"After more than a year of negotiations, FedEx Corp. has offered its pilots tens of millions in signing bonuses if they will agree to an annual 3 percent raise and no other changes to their 1999 contract.
Although aviation analysts call the offer "innovative" and "promising," union officials Wednesday said it is unacceptable because it does not address job and retirement security, among other issues. They they plan to negotiate as if nothing happened."
I love the fact that analysts call it "innovative". Hate to see what a mundane offer would look like. I guess it is innovative in the fact it is non-existent, and it took only a year to come up with.