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Actually, from what I saw from the union before the vote, the negotiated TA was worth $92 million more than an arbitrator can legally award. I hope everyone who voted no is happy. As IORFA suggested, I think we must fear for the sanity or the mental acuity of 8196 of our fellow workers.700UW said:Well they can kiss $80 million goodbye and they only thing the arbiter will be ruling on is the economic issues.
No, we won't. It is guaranteed that the arbitrated contract will not be worth as much as the negotiated one. If the TA awarded you a $7/hour raise, but the "industry standard/average/whatever" is only $5/hr over what you are currently making then the arbitrator under the law can only award a maximum raise of $5/hr. That's an oversimplification of the law, but it works out to that in essence. Industry standard prevails in arbitration.commavia said:
As I said elsewhere ... nearly every constituency other than the Facebook experts roundly agreed that there is no chance of the contract coming out of binding arbitration being as good, let alone better, than this deal - I guess we'll soon see if they're correct. Definitely quite sad for AA's flight attendants.
Do you ever get tired of being wrong?Bob Owens said:There goes the $2 billion/year in synergies. The company has motivations to get to an agreement as well.
No profit sharing and DOS +5 years. 2020 amendable date???
Profit sharing has no real cost since it doesn't come out of operations. Workers should share in the gains if they are still working under concessions.
SWA not included in industry average.
Contract is industry leading compared to an amendable contract, not a current one. It could easily go from industry leading to bottom of the industry in less than a week but they would be stuck with it till nearly 2020
That amendable contract this was compared to has profit sharing.
If they had signed that deal and tomorrow UAL signed one that had slightly higher wages AND Profit sharing, AND more vacation you wouldn't be praising this deal.
Easy to fix and it won't cost them a dime out of their operations, cut the years and include profit sharing.
Not always. WN dispatchers argued that their job was the same as UPS' dispatchers, and were awarded a higher rate when they went into binding arbitration, rather than 'industry standard'. In most cases it doesn't seem to work that way, I suppose it all depends on who's arguing for your side. Good luck to you all.jimntx said:No, we won't. It is guaranteed that the arbitrated contract will not be worth as much as the negotiated one. If the TA awarded you a $7/hour raise, but the "industry standard/average/whatever" is only $5/hr over what you are currently making then the arbitrator under the law can only award a maximum raise of $5/hr. That's an oversimplification of the law, but it works out to that in essence. Industry standard prevails in arbitration.
It is about what was ALREADY negotiated in the protocol agreement for what other airlines will be used in comparison.blue collar said:Not always. WN dispatchers argued that their job was the same as UPS' dispatchers, and were awarded a higher rate when they went into binding arbitration, rather than 'industry standard'. In most cases it doesn't seem to work that way, I suppose it all depends on who's arguing for your side. Good luck to you all.
Or you can languish in negotiations for another 5 years and not get a pay raise/ better work rules and still not get profit sharing and AA has already proven it doesn't need a joint contract to make money. You don't recall spending 4 years in negotiations only to get a bankruptcy contract.Bob Owens said:It would be in our best interests as well for the FAs to get profit sharing. AA is on course to being a $50 billion a year company with a 10% margin. Thats $5 billion a year in profits and you want that we should all sit that out till 2020? The party could be over by then.