2015 Fleet Service thread

[ograc]

he'd vote yes if it meant he was laid off the next week.  pathetic really

 
The pursuit of "fools' gold". Some are so obsessed with the $$$ up front they have historically been led, with such greed and short sighted thinking, into inferior long term contracts. Some never learn from history. I would like to believe, they are in the minority, within our current ranks.  
 

 

[La Li Lu Le Lo]

I would like to show you the reality of a 401k.
 
A 401K is the biggest con corporate America ever pulled on the working man.
 
Lets do the math assuming the company contributes 5 percent of your income (also consider it takes 9 years for a Fleet Service Clerk to top out).
 
2080 (40 hours a week over a years time)
  104 (5 Percent of 2080 hours)
    40 (A number I chose to represent years in a career)
4160 (The total hours the company contributes over 40 years which comes out to be a standard work week over 2 years, which is why I chose 40 years for the career, nice and clean)
 
So over a 40 year career the companies contribution to your retirement is 2 years of income................ When you consider how long it takes to top out (almost a quarter of your career) it is actually a lot less than that.
 
Compare that to a traditional pension and you see how bad you are getting screwed.

 

[Roadking5560]

You may need to define a "traditional" pension.  One person on here in particular might say a multi employer plan is traditional which most of us on the LAA side would not want.  Payouts to retirees is subject to the funds available.  When or if a shortfall is projected, the amount paid out is reduced.  Numbers can also be manipulated showing a fully funded fund when it previously was underfunded.  Not a good scenario at least in my book. 

 

[JFK Fleet Service]

http://www.nytimes.com/2015/10/07/business/teamsters-pension-fund-warns-400000-of-cuts.html
 
Good times.
 
Retirement is rapidly becoming the day you stop breathing.

 

[AANOTOK]

Any word on when the next meeting is to set up the next meeting for negotiations?
 
Bells and whistles on that proudly written memo by the Association stating they would be sitting down
with AA on Dec.3rd to finally get negotiations started. So far, the Ass is keeping up it's reputation, meeting
"periodically".

 

[robbedagain]

what do you call it when the Association came into the Dec 3rd prepared with the proposal yet the company "who claimed theyre ready" came without any proposals??????  Pretty dam pathetic that those clowns came into the room unprepared    they did congratulate the union for coming prepared   Something tells me the company expected them not to be prepared

 

[AANOTOK]

Agree robbed...but you miss the point...it's called cumulative!

 

[Kev3188]

what do you call it when the Association came into the Dec 3rd prepared with the proposal yet the company "who claimed theyre ready" came without any proposals??????  Pretty dam pathetic that those clowns came into the room unprepared    they did congratulate the union for coming prepared   Something tells me the company expected them not to be prepared

Something tells me they did it on purpose.

 

[dfw gen]

Something tells me they did it on purpose.

Of course they did. The company has no intention of negotiaging anythng.

 

[ograc]

Of course they did. The company has no intention of negotiaging anythng.

 

They will negotiate. But we just played the opening card.

 

[dfw gen]

 
They will negotiate. But we just played the opening card.

You have a lot more confidence then I do and most of my coworkers. But time will tell

 

[Kev3188]

This kind of thing is just theater/posturing...

 

[Rogallo]

This kind of thing is just theater/posturing...

 
Yup. The company has us just where they want us??

 

[Worldport]

Of course they did. The company has no intention of negotiaging anythng.

The TWU/IAM made them wait, now its the TWU's turn. I dont blame them

 

[Jester]

Hey, as I am an expert on negotiations after watching nearly a decade of "Pawn Stars" and "American Pickers", it is a common tactic to have the other person give the price first.  If in a moment of weakness I was to part to my "King of The Hobos" figurine collection, I would want the buyer of my masterpieces to start at a price higher than if I was to mistakenly unestimate their priceless values by making an offer first.
 
In this case based upon when I read as the Association's wish list, it sounds as if the price was very high, but on the off-chance the proposal came it lower than what the Company expected, it would serve as a low starting point and an even lower final agreement.  So the Company's actions aren't surprising in addition it gives some ideas as to what issues are most important in the negotiations.