eolesen
Veteran
- Jul 23, 2003
- 15,959
- 9,374
You think a 6 year pay freeze after a 6 year contract with a 40% paycut is reasonable? Are your wages today less than they were 12 years ago?
No, but millions of workers and retirees across the US haven't seen pay increases in the last 18-24 months.
Thousands of companies determine their annual wage increases off of CPI, as does Social Security. It's been flat two years in a row now.
That said, maybe your union should be asking for annual increases to be tied to CPI.... Some years you would have done quite well:
http://www.ssa.gov/OACT/COLA/colaseries.html
I know the fact that all those other people haven't seen a raise in three years doesn't change the fact you took paycuts, but I think you need to be a little more careful about throwing the 40% number around, Bob. If so many of you could survive a 40% wage cut (regardless of spouses having to go back to work or you taking on a second job), some people will probably start to figure out that airline salaries must have been pretty darn good prior to 2001....