WorldTraveler
Corn Field
- Dec 5, 2003
- 21,709
- 10,662
- Banned
- #61
DL employees - pilots and non-pilots - ended up with HIGHER total compensation AND PROFIT SHARING after the change in the profit sharing formula.
that's a fact.
and it is also a fact that I said that DL pilots should not accept any deal that would reduce their total compensation.
And the company is well aware of how popular profit sharing is and how any cuts to profit sharing that aren't matched by increases in scale salaries would backfire - and it should.
I haven't for one minute argued that DL employees - pilot or not - should accept any cuts.
Based on what some of the pilot forums have said, alot of DL pilots are not convinced.
WN has had higher base salaries but lower profit sharing; it appears that is where DL is headed with compensation for its employees - which is what Wall Street wants.
that's a fact.
and it is also a fact that I said that DL pilots should not accept any deal that would reduce their total compensation.
And the company is well aware of how popular profit sharing is and how any cuts to profit sharing that aren't matched by increases in scale salaries would backfire - and it should.
I haven't for one minute argued that DL employees - pilot or not - should accept any cuts.
Based on what some of the pilot forums have said, alot of DL pilots are not convinced.
WN has had higher base salaries but lower profit sharing; it appears that is where DL is headed with compensation for its employees - which is what Wall Street wants.