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American Airlines and Labor Negotiations

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This should sum it up.
 
I think it’s in the deciphering of language where you draw most of your confusion.

I was hoping more that P. Rez or Crema would correct your mistakes over NYer and why I didn’t mention him as well. But he’s just as proficient, although you don’t seem to believe anyone anyway Bob. You’re very thick headed.
Yes, and for good reason.
 
Yes, and for good reason.

In the roughly over a decade or so that I’ve known NYer the one area I can’t recall arguing with him over was Mathematics. He’s proven himself to be pretty much consistently correct.

And on here I also have noticed Crema and Rez are more proficient than I am.

I have no Ego to capitulate in areas that I’m not as strong or informed as others Bob.
 
Although not devastating, this is a change not for the better, in the event any of you do stumble on enlightenment, and that I am correct in the interpretation, that this is not the enhancement I was looking for. It leaves the employee contributing more just to get a better match, I am a supporter of the 401K and it seems strange that the company would shower us with this very rich 9% of our earning match.


In the roughly over a decade or so that I’ve known NYer the one area I can’t recall arguing with him over was Mathematics. He’s proven himself to be pretty much consistently correct.

And on here I also have noticed Crema and Rez are more proficient than I am.

I have no Ego to capitulate in areas that I’m not as strong or informed as others Bob.

Well today is a red letter day, because he is wrong.
 
I was hoping more that P. Rez or Crema would correct your mistakes over NYer

haha..

i'm no expert. i just understand the concept, even though it's broken in 2 parts; one part 5% and one part 4%.

if you can find a julia child video showing us that the stuffing is 5% bread crumbs and 4% onion + another 4% onion, maybe he'll understand.
 
Again, "In addition, the company would match employee contributions up to 4%" and contributions as defined by Fidelity, it is not, "in addition to your contribution we will give you a additional 4% of your gross." How come I stand alone on this, no one else is seeing this.
 
Although not devastating, this is a change not for the better, in the event any of you do stumble on enlightenment, and that I am correct in the interpretation, that this is not the enhancement I was looking for. It leaves the employee contributing more just to get a better match, I am a supporter of the 401K and it seems strange that the company would shower us with this very rich 9% of our earning match.




Well today is a red letter day, because he is wrong.


Ok Bob so you think the Company made a grand announcement of their 401k improvement plan that equates to by your Math $4.70 a paycheck?

$4.70

Oy Vey.
 
Well today is a red letter day, because he is wrong.

bob, look and see what the company currently matches on your 401k. is it 5 1/2% of your gross pay or 5 1/2% of your 5 1/2% contribution?

the other thing is if the offer was 4% of the contribution, why would the company use it to pad the total wage & benefit compensation package and why would the assoc. claim the number is artificially inflated?
 
haha..

i'm no expert. i just understand the concept, even though it's broken in 2 parts; one part 5% and one part 4%.

if you can find a julia child video showing us that the stuffing is 5% bread crumbs and 4% onion + another 4% onion, maybe he'll understand.

Don't make fun of Julia Child, I challenge you to use the definitions provided by Fidelity and come up with a different answer.
 
Ok Bob so you think the Company made a grand announcement of their 401k improvement plan that equates to by your Math $4.70 a paycheck?

$4.70

Oy Vey.
They want to sell it as a enhancement, but we are loosing a half a percent and to get that back we have to contribute a minimum of 12.5% out of our pockets.
 
haha..

i'm no expert. i just understand the concept, even though it's broken in 2 parts; one part 5% and one part 4%.

if you can find a julia child video showing us that the stuffing is 5% bread crumbs and 4% onion + another 4% onion, maybe he'll understand.

Crema I’m pretty much a self confessing ignoramous when it comes to doing Math. Get me past figuring those wage increases and I’m dribbling from the mouth.

But seriously this is ridiculous.
 
Don't make fun of Julia Child, I challenge you to use the definitions provided by Fidelity and come up with a different answer.

Bob you keep missing a word NYer shared with you, “salary”

“.In addition, the company would match employee contributions up to 4% of the team member’s salary, for a totalcompany contribution of up to 9%..."
 
Don't make fun of Julia Child, I challenge you to use the definitions provided by Fidelity and come up with a different answer.

bob, if you look on the right side page of your fidelity example..read the 1st sentence.

doesn't it say your employer matches 5.5% of your eligible compensation??

your eligible compensation are your gross wages. 5.5% of your gross wages.
 
They want to sell it as a enhancement, but we are loosing a half a percent and to get that back we have to contribute a minimum of 12.5% out of our pockets.

The positive thing out of this is that you will be very happy when you get the real picture.
 
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