Delta Labor Relations thread.

[700UW]

http://www.huffingtonpost.com/2012/04/28/richard-anderson-delta-ceo_n_1461273.html

 

ATLANTA -- Delta Air Lines Inc.'s chief executive, Richard Anderson, received a 10 percent raise in his pay package in 2011, a year when the company's stock price fell by more than a third.
 
Anderson's pay package was valued at $8.9 million, up from $8 million in 2010, according to an Associated Press review of a securities filing made Friday.
 
His salary was unchanged at $600,000 but he received stock awards valued at $7 million, up from $6 million a year earlier. Other items in his pay package – including retirement benefits, home security and performance pay – were mostly unchanged.
 

 

[townpete]

http://www.huffingtonpost.com/2012/04/28/richard-anderson-delta-ceo_n_1461273.html
 

 
And all that without a contract!
 
Yes we can! lol

 

[WeAAsles]

Just to expand for the readers. An employment contract has many items in it that can also protect the company who agrees to it.

Case in point. A friend of mine back in NY works for an Aircraft Leasing company. They agreed to pay for certain schooling that would be useful in the performance of his duties with his employer. That schooling cost the company 30k. In the agreement with the employer to cover that expense my friend signed a "no compete" clause and agreed to remain with the company for a period of 5 years absent a termination of his employment. If my friend leaves prior to the 5 years he can be held liable in court to have to return the 30k for his education that was granted.

So an "Employment Contract" does have and protect two sides.  

 

[700UW]

Anderson and others have signed non-compete, its in DL's SEC filings.
 
He also signed on for a stock award program with a clear cut process and resolution process.
 
He has an employment contract, what do you think his pay package is?

 

[WeAAsles]

Anderson and others have signed non-compete, its in DL's SEC filings.
 
He also signed on for a stock award program with a clear cut process and resolution process.
 
He has an employment contract, what do you think his pay package is?

Why do you think they added a correction in the NY Times? Because the company does not want to paint the picture to those who don't have a contract for employment, that the executives do.

Questions can arise. "If they can have and want a contract, why can't I?"

That would not serve the interests of the company to control the direction of the entity.

 

[townpete]

Anderson and others have signed non-compete, its in DL's SEC filings.
 
He also signed on for a stock award program with a clear cut process and resolution process.
 
He has an employment contract, what do you think his pay package is?

You should tell the NYT they're wrong then.

Because you know so much more. Because IAM forum troll.

lol

 

[townpete]

Why do you think they added a correction in the NY Times? Because the company does not want to paint the picture to those who don't have a contract for employment, that the executives do.
Questions can arise. "If they can have and want a contract, why can't I?"
That would not serve the interests of the company to control the direction of the entity.

Cool story bro.

Need some extra foil for that hat?

lol

 

[Kev3188]

Anderson and others have signed non-compete, its in DL's SEC filings.
 
He also signed on for a stock award program with a clear cut process and resolution process.
 
He has an employment contract, what do you think his pay package is?

You're assuming she actually reads things like SEC filings...

 

[700UW]

You should tell the NYT they're wrong then.

Because you know so much more. Because IAM forum troll.

lol

Go read the SEC filings, so are you saying DL lied in its SEC filings?

 

[townpete]

Go read the SEC filings, so are you saying DL lied in its SEC filings?

No employment contract.

Non compete is not an employment contract.

Salary disclosure required by the SEC is not an employment contract either.

 

[700UW]

From Airways News:
"It was decision time on whether to renew the contract or not and this provided a smooth way to facilitate an exit without stirring up too much controversy."

 

[WeAAsles]

You're assuming she actually reads things like SEC filings...

Oh no way does she.

lol

 

[townpete]

From Airways News:
"It was decision time on whether to renew the contract or not and this provided a smooth way to facilitate an exit without stirring up too much controversy."

 
You left this out: It has been suggested that this was too much for the Board of Directors to take.
 
Hearsay, Airway has no idea nor makes any claim they know any of the facts.
 
Nor should you. 

 

[WeAAsles]

Is something going on in CVG on the ramp at Delta?

 

[WeAAsles]

Oh here it is. Nope. The ramp doesn't need a Union. No not at all, no siree Bob.

http://www.bizjournals.com/atlanta/news/2016/02/04/delta-to-cut-100-plus-cincinnati-northern-kentucky.html?ana=fbk