Overspeed
Veteran
- Joined
- Jun 27, 2011
- Messages
- 3,245
- Reaction score
- 1,065
I don't think stating that we took a 25% cut is exaggerating. 17% in wages, loss of vacation, loss of 5 holidays. I'm sure there's more, but suffice to say it's not an overstatement.
Actually when I was a rep Little hired a company called ECLAT to evaluate the actual value per member lost. ECLAT stated that the wage concessions plus higher premiums for benefits came out to 22.5%. The real story was that management gave up much less. When confronted Carty stated shared sacrifice never meant equal sacrifice. Ouch! Bad thing was his behavior was rewarded with another senior level job at Virgin America. Welcome to the good old boys club.