Airline execs well off

[EricLv2Fish]

Hmmmm.........DP has all his bonuses $440,000.oo plus benefits.........he makes $550,000.oo a year. I would want the airline to succeed also. I'm not saying he's a "bad guy", but he is someone to listen to with a cautious ear. He IS in it for the Power and Money. IMHO 🙂

With all due respect gonzo....so let's say he makes a million bucks or more a year, based on your remarks above..would you say all millionares are in it for the power and money? Look...and consider...does DP really have do to townhalls? Or is it all a front? Does he have to attend his sons events? Or is this a front too? How bout the halloween skit he and the VPs did...this a front too? Or the inagural livery flight to each hub...front too? To show caution is wise, but unmeasured caution is foolish. Not saying your above statement is necessarily unmeasured, but rather incomplete in that "He IS in it for the Power and Money." leaves out other important qualities. Certainely he is in it for the money, but IMHO his motives goe deeper than that based on his actions. Power, Money, are probably a part of his goals, but add Success. Power, Money are measurable by position and take home pay. Success is another story that must involve employees. DP can't be consider a success on his own. He needs all 35,000 or so of us to acheive that goal.

 

[flygirl74]

Dave Siegel made the rounds as well. He did his road shows and glad handed the employees. Dave dealt with employees asked to take paycuts, etc. and listened to the b*tching and whining. When it came near the deadline of forfeiting his golden parachute, he promised to stay the course and see us thru bankruptcy. Less than a week later, he pulled the golden cord. For a cool 7 mil.
We've seen our share of snake charmers.
For 7 million dollars I would personally listen to EVERY employees' concern...then go cash the check
[/quote]

 

[Bluesky]

Corporate America is now a country club with an invitation only membership. And guess who's not invited?

While perks such as lifetime first class passes, healthcare, corporate jets and yachts, annual bonuses, stock givings, sports boxes, untouchable pensions, private security, ect. are all part of 'executive compensation packages,' these are the same nice folks who send out the hired dogs like Glass to make sure you don't participate in this party.

Since I quit after 23 years of service with a full sick bank, my 'contract' didn't allow me anything since I was under the majic age of 50. Hmmmmm. Why should age be involved instead of years of service since there's no pension. Didn't seem to matter to Jerry, Dave and Dave.
My 80 year old mother wrote to ask about passes and got no reponse. Sorry mom, we're not in the club.

 

[EricLv2Fish]

Since I quit after 23 years of service with a full sick bank, my 'contract' didn't allow me anything since I was under the majic age of 50. Hmmmmm. Why should age be involved instead of years of service since there's no pension.

The revised pass travel policy I believe corrects at least the pass travel privelege for young retirees. See the amended pass travel policy thread.

 

[PITbull]

With all due respect gonzo....so let's say he makes a million bucks or more a year, based on your remarks above..would you say all millionares are in it for the power and money? Look...and consider...does DP really have do to townhalls? Or is it all a front? Does he have to attend his sons events? Or is this a front too? How bout the halloween skit he and the VPs did...this a front too? Or the inagural livery flight to each hub...front too? To show caution is wise, but unmeasured caution is foolish. Not saying your above statement is necessarily unmeasured, but rather incomplete in that "He IS in it for the Power and Money." leaves out other important qualities. Certainely he is in it for the money, but IMHO his motives goe deeper than that based on his actions. Power, Money, are probably a part of his goals, but add Success. Power, Money are measurable by position and take home pay. Success is another story that must involve employees. DP can't be consider a success on his own. He needs all 35,000 or so of us to acheive that goal.

Eric,

In case you still haven't noticed...Morale on the East is still low. If he wants a successful airline, he will have to make some changes in management style and culture. Its the East employees who have been severely abused and devalued. Town hall meetings is just a bunch of blah, blah, blah, unless put into action to help improve the morale on the East side.

Knowing that he personally has a lot at stake with all his compensation doesn't make us feel good here on the East, along with his managment that he took with him from the East who destroyed labor relations and continues on with salary increases :down: from what we perceive is from the sacrifices made from labor on the East and who still continue with major, unprecedented concessions through 2011 and probably 2012.

I think what most people REALLY object to is bonuses and incentives when the company doesn't produces profits and/or the hourly employees are forced to take pay/benefit cuts at the same time.

If Dave Siegel had delivered record profit and decided to take his 4.5 million and leave I don't think to many would be overly upset. I know I wouldn't because you could argue he earned it.

As it turned out that wasn't the case and people were rightfully pissed.

Americans IMO have an inherent sense of fairness and right now executive compensation flies in the face of that sense.

Once again, exactly "right-on" with the sentiment,Bob. You know our mood very well.

 

[calibrator]

Meh, the should have just liquidated and then you could feel validated in knowing no one got anything.

In Effect, they did liquidate...they squeezed the employees wages and bennies with a 100 ton press and if that wasn't enough threw out the employees pensions. They squeezed out the very life of the employees and for good measure they also dumped thousands of employees, they did this to "save" money. Then they turned around and award themselves millions upon millions. This is not even moral, it's as wrong and slanted as can be. But apparently with your way of thinking, it's ok, because at least someone made out.

These guys are modern day robber barons and they can get away with it because there are a lot of people with, IMO, your twisted way of reasoning.

 

[EricLv2Fish]

Eric,

In case you still haven't noticed...Morale on the East is still low. If he wants a successful airline, he will have to make some changes in management style and culture. Its the East employees who have been severely abused and devalued. Town hall meetings is just a bunch of blah, blah, blah, unless put into action to help improve the morale on the East side.

Knowing that he personally has a lot at stake with all his compensation doesn't make us feel good here on the East, along with his managment that he took with him from the East who destroyed labor relations and continues on with salary increases :down: from what we perceive is from the sacrifices made from labor on the East and who still continue with major, unprecedented concessions through 2011 and probably 2012.

Good to hear from you Pitbull! Hope things are going well for you. Undoubtedly morale will take some time to turn around. We know out west the folks back east have been thru alot and many of us out here are pulling for the east. Don't forget that many out west have also been thru some pretty bad times as well..perhaps not as bad, but bad nonetheless.

I have to disagree with you that the townhalls are "blah, blah, blah". It's the first step in turning poor morale into decent morale and then to good morale. Look, we out west have been witness to townhalls changing company policy based on employee inputs. A prime example is the new livery. I was at the townhall where a tech challenged the "no new livery at this time" policy. DP promised to reconsider. Within weeks the new livery was announced. Are all employee inputs heard and considered...no of course not, but at least there is an attempt to solicit input and consider. The townhall in Philly the other day...wish I could have been there. From what I've read VPs were put on notice.

The exec raises...I stand with most in disagreeing with them. Bad. However, when looking at overall state of the merger and the other positive changes occurring the exec raises are a little more easy to swallow. For the sake of 35,000 jobs this merger has to work. Key ingredients...employees, attitude, and management support and leadership.

 

[Awa Contract]

Incase you have not noticed morale in the west is pretty bad too - town halls are not the greatest thing when Parker comes out and lies to the employees. And he has done that more than one time and on both coast.

 

[smmech]

Incase you have not noticed morale in the west is pretty bad too - town halls are not the greatest thing when Parker comes out and lies to the employees. And he has done that more than one time and on both coast.

Just to back you up ..
Dougy " I have made the same salary since I became CEO of AWA" you were there AWAcontract you know..
Lie.... $400,000.00 base to $550,000 two years ago.

Really I just need to kinda vent on the whole " We in the East have gone through so much" crap...

I am really sorry that so many good people have been laid off and that the rest have had to make consessions..

But come on..

AWA F/A's , Pilots, Mechanics, ramp, fleet, CSR's ...etc
have been living below your current BK pay scale for 22 plus years.... Try living in anyone of the three fastest growing cities in the country ( PHX, LAX, LAS) on these wages.. Well go ahead and try cause you soon will have to or be able to.
Hint.... Sell the SUV... Work lots of overtime! (When they want you to). Drop you 401k cant afford that.. Pass your families insurance to you spouses plan which 9 out of 10 times will be cheaper..

Can you imagine getting a bi-monthly paycheck of over $20000? then doing you job for a few years and getting a check for options over a million dollars.. And again every year to follow. Then your so great that you recieve annual bonuses equal to you annual salary or even doudle it..?

Think about the people you work with and the industry your in. Could YOU sleep at night with this compansation??


I could if I didnt care and was out for myself.. I could if I was elected by shareholders to benifit them ( and inturn benifit me .)
But I'll sell it to you as saving both airlines....LOL


I could not I because I am Christian, I would not if I had paid attention in college in buisness ethics, I could not sleep at night if I was being paid to rape a company and thier employees livelyhood and benitits just to benifit the stockholders and myself.

Screw Doug Parker, I have waisted to many years to wait for him to tell me there is no money for any labor group.

"I want to build the greatest Airline in America" by keeping " labor costs where they are" ..

Join the clan, club, click.... drink the Koolaid and take the broun acid... Cause this is your chance to make a sub-industry wage to make US great... Oh your benifits, pensions, and the rest will be cut.. And your cost to them will increase...

 

[john john]

PineyBob,PITbull,DogWonder,Awa Contract,ganzo,High Iron all agree EricLv2Fish time for you to go fishing and think about things

 

[Awa Contract]

fishing trip my a*s - when you have one group raping the company at the expense of others is when you dig in and fight. I am here for the long battle, no fishing trip in my future. Not when you take pay and benefits away telling me it the shape of the industry. I could live wtih that if they were not handing out big bonuses and major stock option deals to "keep" the management players. Who wants them? Why would you pay big bucks to keep the bozo's that got you in bad shape to begin with.

 

[dc3fanatic]

In Effect, they did liquidate...

no, if they liquidated, everyone would be out of a job.

US Airways was sold, relatively intact. If it were liquidated, then the planes wouldn't be mainly intact as a single entity, the workers would all be out looking for new jobs and "US Airways" and "www.usairways.com" would only be a memory.

 

[mlt]

We know out west the folks back east have been thru alot and many of us out here are pulling for the east.

How flipping condescending! Why don't you pull for the minimum wage earners on the West?


However, when looking at overall state of the merger and the other positive changes occurring the exec raises are a little more easy to swallow.

OMG! How absurd. Rather than start a p...ng contest, I'll refrain from responding to the above. However, I will leave you with an observation. I find it interesting that everytime there is unrefutable information posted that highlights managements' greed (i.e. SEC filings) another travel policy poll materializes or a thread encouraging hostility between the IAM and Teamsters. I wonder if it is to encourage infighting among the rank and file rather than have the rank and file focus on corporate inequity? As I stated previously, you are much too transparent.

 

[PITbull]

mlt,

I'm already getting "hate mail" in the form of Pms from management basically telling me to move on and shut up.

Obviously, this exposure effects them..."don't rain on their parade" and just look the other way while we(management) help oursleves to the investors billions.

 

[allunionsdeceive]

The only way to stop it is to get away from it or have the IAM IBT AFA ALPA ect buy stock and vote members on to the board when they come up. Managment and the Board are to blame. not just one