I've been thinking about this "agreement in principal" for Fleet for over a day now. As time goes on I lean more and more towards a "No." Let me explain why. For perspective I'm a 21 year employee and, if it matters, LUS.
PAY: We were promised DL or UA (whichever is higher) +7%. Then they gave us profit sharing and said because of that it would be only +3%. A 4.8% raise tops us out at $32.28. UA (I don't know the DL number) is at $32.01 RIGHT NOW; UA +3% is $32.97. Oh, and BTW, UA is about to enter negotiations in a few months, so of course they'll be getting higher raises.
PROFIT SHARING: I get it, but what profit? You can't sell this as a benefit when there isn't profit to be shared. I've HEARD that if 2019 was paid out on the agreed to rules our PS would have been about double; that still puts at something like 20-25% of what DL got.
SIGNING BONUS: After what? Four years? You're going to give the people who have been here fo decades, some four or MORE decades $3000 along with the people who just walked in the door? Give the new guys $3000; those who have been here at least since the AA/US merger deserve more.
SCOPE AND JOB PROTECTION: There's a lot of questions here, but we do know some. Some known or questionable negatives from the agreement are...
Cargo: What work exactly is protected? Is it just going to be running cargo? Office work?
Catering (PHL/CLT): Gone at the end of this contract. Job loss.
MEDICAL: First off, while I know a lot of people like the 100% LUS insurance I think VERY few of them are likely to actually need that, if any. IT's just WAY overpaying for unneeded coverage. Because of that I don't object to getting rid of it. The 90% plan however, I do object to. It WILL be gone after 2025, and it's a reasonable step for many above the 80% plan. The "Me too" clause is borderline bait & switch; not that it's ONLY regarding the Standard and Core plans. Lastly, we're supposed to be bring LAA and LUS together; How the HELL do you do that by offering one group a better plan? HIGHLY OFFENSIVE TO LAA!
RETIREMENT: I'm going to set aside the pension arguments; they may well be moot if TWU can't get in them and I know many LUS (myself included) don't want to give them up. Because of that I'm going to assume (correctly or not) that the pension and 5% contribution are relatively equal. That leaves the 4% match and a (I think) effective 9% match for comparison. The FAs get I think 9.9% match and we're close to that. The pilots however get I think 14% contribution automatically, not a match, just 14%.
RETIREE BENEFITS: I really don't think I have an opinion here, so I'll just leave it alone.
VACATION: This is a mega sore spot because of where I fall. I've had four weeks for I think nine years now. If I was admin I'd have had a fifth week four years ago. The scale will fix that, BUT IN THREE YEARS. I need to wait ANOTHER three years for a fifth week, and then I just to six right after? Come on, split the difference!
HOLIDAYS: ASSUMING there's nothing shady, I have no complaints here. In fact I'd say the 2 1/2 rate is a good improvement.
OT: On it's face it seems all right, but I'd like to see the language before judging.
SICK LEAVE: Not much of a change here IMO coming from th eUS side. We get that tenth day back. Payout for unused time when leaving is still offensive though.
HOURS OF SERVICE AND TRAINING: Really can't comment here. The summary is just too vague.
Overall, I think I would vote for this contract. In 2017, maybe even early 2018. Now, it's simply a case of "After all that time THIS is all we get???" This falls far short of what we should get and even short of what we were promised by Parker. Barring spectacular things in the full language I'll likely be a no vote. I encourage everyone to vote what YOU think, but don't just look at the money. The money doesn't matter when you don't have a job, have to pay a lot more for insurance, get treated different than your coworkers, or could and SHOULD have had more.