industry profit sharing, and bonuses

[dfw gen]

seeing that there was a leadership (whats that?) conference this week and the theme allegedly was respect and be nice to your employees i figured it would be interesting to see what everybody got.
my understanding is that:
southwest made 2 billion dollars an will deposit 10% in to he 401k and distribute 3.2% for a total of 13.2%
Delta is averaging 16% payout
American made 5 BILLION and the rank and file gets 3%....last year level 5 and above received a 17% bonus doing such a bang up job im sure it will be better.


meanwhile granted our pay is better, but we still live under a bankruptcy benefits contract i.e 5 holidays at 1.5 x pay, 5 sick days a year still missing two weeks vacation,10 days of i.d.,the company match of the terminated medical. and well oh yea the 14% that the twu is "holding" for us.

 

[Deleted member 14439]

seeing that there was a leadership (whats that?) conference this week and the theme allegedly was respect and be nice to your employees i figured it would be interesting to see what everybody got.
my understanding is that:
southwest made 2 billion dollars an will deposit 10% in to he 401k and distribute 3.2% for a total of 13.2%
Delta is averaging 16% payout
American made 5 BILLION and the rank and file gets 3%....last year level 5 and above received a 17% bonus doing such a bang up job im sure it will be better.


meanwhile granted our pay is better, but we still live under a bankruptcy benefits contract i.e 5 holidays at 1.5 x pay, 5 sick days a year still missing two weeks vacation,10 days of i.d.,the company match of the terminated medical. and well oh yea the 14% that the twu is "holding" for us.

.....and we are still not seeing the often promised "Delta+7%".

 

[WeAAsles]

.....and we are still not seeing the often promised "Delta+7%".

Isn't Delta behind you right now in wages? Maybe you should be saying UAL + 7%

https://www.google.com/amp/s/amp.bu...line-employee-pay-raise-2016-11?client=safari

 

[Deleted member 14439]

Isn't Delta behind you right now in wages? Maybe you should be saying UAL + 7%

https://www.google.com/amp/s/amp.bu...line-employee-pay-raise-2016-11?client=safari

Delta will be leading the way as of 4-1-17. Since we still won't have a JCBA by then. I use them as the benchmark. I believe the UAL deal brought them even with us.

 

[dfw gen]

April? Jeez my understanding is that there were negotiations going on this week and not even the courtesy of an update!

 

[WeAAsles]

April? Jeez my understanding is that there were negotiations going on this week and not even the courtesy of an update!

Next week.

 

[Albert]

Next week.

Will Sito be bringing his cattle prod just to nudge things along. All they really have to do is make LAA happy and it will pass

 

[WeAAsles]

Will Sito be bringing his cattle prod just to nudge things along. All they really have to do is make LAA happy and it will pass

Not sure exactly when they're stepping in honestly? And I hope whatever comes out of it makes us ALL happy.

 

[robbedagain]

WeAA there will always be some who wont be happy regardless what deal comes about

 

[DallasConehead]

Southwest implemented a new payment structure this year that will pay 10 percent of the profit-sharing into a retirement account and the remaining 3.2 percent in cash. Some union employees will receive the full amount as a retirement contribution, depending on their contract.

http://www.dallasnews.com/business/...shares-love-586-million-employee-profit-share

 

[eolesen]

You guys got what your unions negotiated for you. Might as well stop complaining about getting what your contract required.

 

[WeAAsles]

WeAA there will always be some who wont be happy regardless what deal comes about

Yes Robbed. At AA we call those people Coneheads. There's nothing they won't complain about no matter how good they got it.

Miserable unhappy people.

 

[DallasConehead]

You guys got what your unions negotiated for you. Might as well stop complaining about getting what your contract required.

Oh.... I didn't know the union negotiated that profit sharing E, do tell......If its in the contract, which article is that?

 

[robbedagain]

funny I don't see it in our contract at least not yet may be the new contract we shall see

 

[eolesen]

Oh.... I didn't know the union negotiated that profit sharing E, do tell......If its in the contract, which article is that?

That's the point. You want to live and die under a contract, so I guess you now have to suck it up when the contract is followed in good times and you don't get to partake at the trough like all those at-will employees who don't have labor agreements to protect them.