Time for the pajama party to end!

[Hopeful]

All this PLI and JLT crap has benefited no one but the executives' bank accounts. These privileged folks will be sharing in mega million$$$$$ thanks to the deep sacrifices and work of ALL employees. But they don't have the decency to SHARE in any of the pain or BONU$$$$
They will tell you that you have a contract and they are going to take EVERY dollar due them.

ISN'T THIS ENOUGH FOR EVERY EMPLOYEE?

Those of you who support this corporate greed and arrogance obviously didn't share in the pain either or you would be outraged.

And spare me the "executive" compensation package that the "market" demands these greedy people receive. Their compensation is determined by their PEERS and they themselves set the market.

And spare me the "if you're unhappy, go to school and get an MBA" defense as well. How many of the top 1000 BONUS beneficiaries have MBA's?


THe average CEO compensation in this country is 400 times that of the worker, and you pro management type still defend this practice.

 

[MCI transplant]

<_< ---- Hopeless! I never thought I'd say this, but I agree! But than comes the big question! How long will the rank and fill, put up with this? ------ Or are they so dense they can't see what's going on?

 

[Wretched Wrench]

And spare me the "executive" compensation package that the "market" demands these greedy people receive. Their compensation is determined by their PEERS and they themselves set the market.

Executive compensation is determined by the board of directors. Many of them are fat cats or CEOs from other corporations, who scratch each others' backs. Everybody votes for each others' pay increases as a quid pro quo, or just an old boys network. Business as usual. Personal greed trumps the Corporate Good every time.

 

[eolesen]

And spare me the "if you're unhappy, go to school and get an MBA" defense as well. How many of the top 1000 BONUS beneficiaries have MBA's?

I'd say well over half of them have either a MBA or a graduate degree in another field e.g. law, finance, accounting, MIS. Inclusion in the plan was used regularly as a recruiting technique at graduate schools. Otherwise, they'd stay for a couple of years to get the AMR management pedigree on their resume, and then go elsewhere to double their salary.

And believe me, as much as you can ridicule upper management, many companies seek out AMR management employees because of the extraordinary attention placed on cost containment.

THe average CEO compensation in this country is 400 times that of the worker, and you pro management type still defend this practice.

I don't defend it, but using your number of 400x, you're proving the point I've made before, which is that AMR has shown considerably more restraint with regard to executive salaries than the national average.

A multiplier of 400x on an average salary of between $40K and 50K per year would equate to Arpey earning between $16M and $20M per year.

Even with the ill-advised bonuses and existing stock options, he doesn't come anywhere close to that, nor do any of the other execs.

 

[Hopeful]

I'd say well over half of them have either a MBA or a graduate degree in another field e.g. law, finance, accounting, MIS. Inclusion in the plan was used regularly as a recruiting technique at graduate schools. Otherwise, they'd stay for a couple of years to get the AMR management pedigree on their resume, and then go elsewhere to double their salary.

And believe me, as much as you can ridicule upper management, many companies seek out AMR management employees because of the extraordinary attention placed on cost containment.
I don't defend it, but using your number of 400x, you're proving the point I've made before, which is that AMR has shown considerably more restraint with regard to executive salaries than the national average.

A multiplier of 400x on an average salary of between $40K and 50K per year would equate to Arpey earning between $16M and $20M per year.

Even with the ill-advised bonuses and existing stock options, he doesn't come anywhere close to that, nor do any of the other execs.

AWWWWWWWWWWWWWWW!

Poor ARPEY is underpaid!

AWWWWWWWWWWWWWW..

 

[eolesen]

What's sad is that Arpey could be paid twice his current rate yet still be in the bottom quartile for Fortune 500 companies. Can't say the same for the union workgroups -- even with concessions, they're in the upper half if not the upper quartile when compared with their peers at other airlines.

But, I guess parity with your peers only matters when it's your paycheck, and they're making more than you, right?...

 

[Hopeful]

What's sad is that Arpey could be paid twice his current rate yet still be in the bottom quartile for Fortune 500 companies. Can't say the same for the union workgroups -- even with concessions, they're in the upper half if not the upper quartile when compared with their peers at other airlines.

But, I guess parity with your peers only matters when it's your paycheck, and they're making more than you, right?...

It is really nauseating the way you defend corporate greed.
Absolutely nauseating. Arpey and Co.raped us. They never shared in any sacrifice whatsoever and are laughing while $192 million is doled out with the top 4 sharing $16 million.

Well, Arpey should heed the advice that AA management tells us, that if we don't like what's going on, feel free to leave.

Don't let the door kick Arpey in the ass!

 

[Bob Owens]

What's sad is that Arpey could be paid twice his current rate yet still be in the bottom quartile for Fortune 500 companies. Can't say the same for the union workgroups -- even with concessions, they're in the upper half if not the upper quartile when compared with their peers at other airlines.

But, I guess parity with your peers only matters when it's your paycheck, and they're making more than you, right?...

Arpeys peers are other airline executives. If he wants to earn what Home Depots execs make then he should go to home depot right? Isnt that what the comapny tells us?

 

[NewHampshire Black Bears]

<_< ---- Hopeless! I never thought I'd say this, but I agree! But than comes the big question! How long will the rank and fill, put up with this? ------ Or are they so dense they can't see what's going on?

//////////////////////////////////////////////////////////

MCI,
EVEN I get TIRED of my own posting of "this"


To answer your question,
They are NOT unaware of what's going on !!!!!

More specifically,

The MAJORITY of the AMT's in TX, and Okie-homa....."HAVE NO BALLS""...........NADA....ZIP..........."period" !!!!

That is why AA(brilliantly) RE-LOCATED to Texas, from NY.

The International thus re-located to TX.

MCI, be serious !

Did ANYONE, that you may have seen, on the CNBC "docu",from TUL, look like they had any BALL's to take on the twu, OR AA "to task" ????????

Why do you think that local 100(NY subway) is so strong ??

Because they are still in NY.

AA knows this VERY WELL !!!!!!

"Divide and Conquor".. is not a new/recent concept, MCI.


NH/BB's


ps,

Sorry about the KC chiefs(AGAIN) :down:
Go Patriots

 

[Bob Owens]

//////////////////////////////////////////////////////////

MCI,
EVEN I get TIRED of my own posting of "this"
To answer your question,
They are NOT unaware of what's going on !!!!!

More specifically,

The MAJORITY of the AMT's in TX, and Okie-homa....."HAVE NO BALLS""...........NADA....ZIP..........."period" !!!!

That is why AA(brilliantly) RE-LOCATED to Texas, from NY.

The International thus re-located to TX.

MCI, be serious !

Did ANYONE, that you may have seen, on the CNBC "docu",from TUL, look like they had any BALL's to take on the twu, OR AA "to task" ????????

Why do you think that local 100(NY subway) is so strong ??

Because they are still in NY.

AA knows this VERY WELL !!!!!!

"Divide and Conquor".. is not a new/recent concept, MCI.
NH/BB's
ps,

Sorry about the KC chiefs(AGAIN) :down:
Go Patriots

While out of fustration I,ve also criticized our brothers and sisters in the low cost areas the reason for Local 100s stregnth is attributable to more than just their New York location, lets not forget that Local 100 had its share of incompetants such as Sonny Hall himself.

For the better part of twenty years Hall and his successor granted concession after to concession to the MTA. Hall later even granted the TWUs "Lawe" award to a member of management and allowed management to occupy positions with the International.

What makes Local 100 strong is their unity, they dont share their contracts with other Locals.

The Flight Attendants at SWA also have performed well and built a solid local despite the fact that they are based in Texas.

What these two locals have in common is that they own their contracts. Both are structured monolithically and the members have control over those who control their contract. The members pick who represents them to the company on every level.

At AA the contract is owned by the International and the members have no say in who is chosen to control their contract, the International controls it and they appoint people to represent the members to the company.

The AA /TWU system is split into two distinct spheres of influence, system and local. Locals administer to local and minor issues. The International administers system or contractual issues. Even the arbitration process is split into local area boards and system area boards. The Locals have no power since anything of consequence as far as the contract falls under the system sphere which is completely controlled by the International.

So in the case of AA the company does not have to concern itself with trying to "divide and conquer", the TWU does it for them!!

Basically AA members do not have a union like they have at Local 100 or SWA, because their situation excludes them from having what unions are supposed to provide-unity and control over their destiny. The TWU stucture at AA ensures that its members at have neither unity or control.

AA members have a middleman that controls interaction between the members and the company, this middleman is not accountable to the members and is free to act without any concern of being held accountable to the members he was appointed to represent. He claims to represent the members but is accountable only to the Internatioanl, which is a body that the members have no direct electoral authority over.

So what it comes down to is Local 100 and 556? have power because their members are empowered. If Toussaint or Mc dont do an acceptable job the members can return them to the floor, if the International officer appointed to run the AA system does an unacceptable job the members do not have the same recourse.