Management Givebacks And Now Raises?

[Res]

I just don't understand...asking all the hard workers for givebacks and mgmts give backs are reinstated and some were given recent raises.....how can this be ??

 

[geo1004]

Piney's assesment is spot on. The open market will decide what the folks at CCY need to be paid to retain them. And before anyone posts it, the response that "management doesn't know what they are doing so why give them raises?" does not work here. There are day to day jobs at CCY (marketing, accounting, general admin) and those individuals, as Piney states, will have their compensation levels dictated by the open market.

 

[diogenes]

It's true enough that the market will set rates sooner or later, even at unions jobs.

The question U employees has is, does the current marketplace contain AA, DL, and WN, or, as the Palace does, are we going to cherry-pick JB, Valuejet (oops, Air Tran) and Frontier?

Can't have it both ways.

 

[mweiss]

With the effects of seniority, you can have it both ways. The nonunion folks have little incentive to stay in any one position, so the market forces are real and immediate.

For union employees, the golden handcuffs of seniority make it much less likely that they'll leave for another airline, even if it has a higher payscale, because they have to start at the bottom again.

 

[FA Mikey]

The open market? Please how much call is there for management types who run poor performing, low morale companies. How odd this type of person should be in demand. Say alot to where our country is headed then.

At least one airline CEO, believes in shared sacrifice. Gerard Arpey, chairman and chief executive of AMR Corp., declined a raise offered by the board of directors.

The parent of American Airlines Inc. set the base salary for Mr. Arpey's position at $625,000 a year, said spokesman Roger Frizzell.

He currently earns $513,700, the same salary he earned as president and chief operating officer.

 

[mweiss]

...how much call is there for management types who run poor performing, low morale companies.

More than you think.

How odd this type of person should be in demand.

Not really. What makes you believe that a mid-level manager is any more responsible for the company's lack of direction than a flight attendant? The problem is, and has long been, at the top.

At least one airline CEO, believes in shared sacrifice. Gerard Arpey, chairman and chief executive of AMR Corp., declined a raise offered by the board of directors.

Hmmm...I didn't see where Lakefield was getting a raise. Care to show me?