The email said the company is looking at re-defining our peer set. Some of our "peers", one specifically mentioned in the email, have a premium pay of 125%. That is where that comes from.
It is a fact, as stated in the email, that the company is trying to determine the value of paying us premium pay. Why do you think that is? Are they going to determine that our premium pay is too low? I don't think so.
I made up no facts. The pay rate increase is set. Hurray for us. What is not set is what will happen with our peer set/industry-standard picture. Also, up for the chopping is our premium pay. It already got reduced once, remember?
I'm glad to hear you're pro-cba. I'm not one of those zealots who beat people over head and tell them how stupid they are if they are not a 'yes' vote (at least I don't think I am). But I have been at this company long enough to see the good and the bad of what leadership is going to offer.
It's just business right? It was just business to:
Do away with stock options for new-hires
Reduce or do away with (I don't remember anymore) the CSPP discount
Raise the premium trigger from 70 to 78, etc.