It all SPIN!
Employees are getting sick and we are an older population of workers...so instead of offering early outs, mangement decides to implement harsh punitive sick polices to rid themselves of the folks who get sick. They are implying we are liabilities to the corporation.
They are starting to rapidly get rid of our sick older f/as. These are not only arbitration cases BUT WILL BE, and are EEOC AND ADA CASES. Rest assured!
It is dishonorable and illegal of any company to attempt to get rid of older workers because they pose a potential liability to the company in benefits. The new policies that have been put implaced that Jerold Glass eludes to are policies THAT DO NOT EFFECT THE ABUSER, because they have no sick time available. These policies have effected the longstanding employee who sits with hundreds of hours in a bank and rarely was ever ill in their career. Those are the ones the company has effected. They know, we know it, and I know it, and soon the courts will know it. They just don't want the public to know it.
And if you don't believe it, look how they endeavor to reduce costs. $1.5 billion cost reduction which is more than the summer and winter conessions combined, and with a much more reduced work force than the summer of 2002. Those are the realities we are living with.
I am not opposed to concessions. I am opposed to impoverishing your workers.
If every f/a gave just in w-2 $1,000, for the 5,200 f/as left on the property, that translates to a mere savings to the company of $5,200,000 per year. That's the difference between a f/a surviving or not. But the return to the company is insignificant to the $1.5 Billion requested of labor. Our Summer and Winter concession for the f/a is a reported $106 million per year of cost savings. Approx $540 million over the term of the contract. The real value of our contract was given in the winter concession. I don't believe our entire contract is worth $10 million in cost savings today, outside our pensions. We cannot get to the number that the company will need to seek. And that is what is worrisome for all. Not counting the job losses that productivity enhancements will create as a consequence in any group.