CWA profit sharing question?

[usa1]

Someone help me out. We were suppose to split 10 percent of US's pre-tax profit, a little over 2B.
 
What is 10 percent of $2,000,000,000.00? 
 
 

 

[FWAAA]

10% of $2 billion is $200 million. Is this a trick question?

 

[1AA]

What is Profit Sharing?

 

[AirbusA310]

March 11th, 2015Profit Sharing Checks to be Paid as Planned
Your CWA-IBT Association bargaining team met with six American financial and labor relations experts today to review and verify the company’s computation of the Profit Sharing “Bonus Pool” for Passenger Service Employees (technically Pre-Tax Income Excluding Special Charges, or Items) and the profit sharing pool payout.
We posed a number of questions, and the company agreed to provide additional data. These questions mostly related to how the numbers presented to us today can be tied back to the company’s publicly disclosed financial information (via its 2014 SEC Form 10K).

We will inform you when we have completed this process of verifying the company’s computation of the 2014 Bonus Pool.
The 2014 profit sharing checks will be paid as planned.

 

[dfw gen]

Nice in maintenance we got well NOTHING and they added 4% to that!

 

[Buck]

In another thread a user was asked to not bring in historical data, to let persona of Jim Little die?
 
How can the subject of Profit Sharing be discussed for Maintenance?

 

[bob@las-AA]

$2,000,000,000 x 10% = $200,000,000
 
$200,000,000 / 100,000 (employees) = $2,000
 
After Uncle Sam's cut $1,500 at year end or .72 hourly increase.
 
Or 3% hourly increase. Based on $23 per hour.

 

[usa1]

$2,000,000,000 x 10% = $200,000,000
 
$200,000,000 / 100,000 (employees) = $2,000
 
After Uncle Sam's cut $1,500 at year end or .72 hourly increase.
 
Or 3% hourly increase. Based on $23 per hour.

Not everyone has it in their contract. I bet this ends up in court. Waiting to hear more from the CWA.

 

[700UW]

It doesnt go to court, it goes to through the Grievance Procedure, it only goes to court if its a major dispute, which this doesnt fit that determination.

 

[usa1]

it only goes to court if its a major dispute, which this doesnt fit that determination.

 
Being ripped off 4K is a big deal.

 

[700UW]

It's not a major dispute.

 

[john john]

Not getting wages is not a major dispute?

 

[700UW]

It's not wages not is it a major change in your. CBA, look up major vs minor dispute under the RLA.

 

[john john]

It's not wages

Tell that to the IRS

 

[700UW]

The IRS treats it as a bonus.