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Pilots - Here we go!
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<blockquote data-quote="worldwide" data-source="post: 72422" data-attributes="member: 2193"><p><strong>Not as impactful as you may think...</strong></p><p></p><p>susiedriver said "The stock tanked soley because of the press release put out by the IPA."</p><p></p><p>Yeah, I'm sure it had nothing to do with the overall market declines today:</p><p></p><p>The Dow industrials finished 10.73 points lower 10686.44. On the Big Board, where 1.7 billion shares traded, 1,057 stocks rose and 2,260 fell. On the Nasdaq Stock Market, where 1.7 billion shares traded, 914 stocks advanced and 2,116 declined.</p><p></p><p>The Nasdaq 100 index of financial stocks, which has gained nearly 9% since mid-October, fell 1.1%, with only seven components in the green.</p><p></p><p>U.S. stocks slipped on Tuesday after a sales warning from discount chain Target Corp. dimmed hopes for a strong holiday sales season, pushing the retail sector lower. </p><p></p><p>The biggest negative pull on the Dow was General Motors Corp., down 4.8 percent.</p><p></p><p>susiedriver said "I would anticipate the pilots asking to br released from mediation, and entering the 30 cooling off period."</p><p></p><p>They can ask but the NMB can say no and therefore no 30-day cooling off period. What incentive is there for the NMB to release either party?</p><p></p><p>susiedriver also said "As I stated in a prior post, I think UPS would be wise to pony up and give them the contract they deserve. I know that attitude is not shared by many, especially in management, however the pilots are by far the safest, most profitable arm of the company, and deserve a contract that reflects that."</p><p></p><p>Should a company pay one group disproportionately more at the expense of others? How are the "pilots" the "most profitable arm of the company?" I understand they fly packages from point A to point B but do't a whole lot of other UPSers have to do something to get the packages on and off the plane? Is it just the pilots that make the profit for the company? Can you explain exactly what portion of the profit of UPS is directly attributable to what the pilots do? </p><p></p><p>I'm not trying to diminish their role, but I think they are simply one part of many that makes UPS succesful and they are no more important than the driver that picks up and delivers packages, the sorter that sorts the packages, the sales people that sign on new business or the management that develops operating plans and sales initiatives. Is one group really more important than all the others that the company must "pony up" to their demands? Will you take a pay cut and give it to the pilots?</p></blockquote><p></p>
[QUOTE="worldwide, post: 72422, member: 2193"] [b]Not as impactful as you may think...[/b] susiedriver said "The stock tanked soley because of the press release put out by the IPA." Yeah, I'm sure it had nothing to do with the overall market declines today: The Dow industrials finished 10.73 points lower 10686.44. On the Big Board, where 1.7 billion shares traded, 1,057 stocks rose and 2,260 fell. On the Nasdaq Stock Market, where 1.7 billion shares traded, 914 stocks advanced and 2,116 declined. The Nasdaq 100 index of financial stocks, which has gained nearly 9% since mid-October, fell 1.1%, with only seven components in the green. U.S. stocks slipped on Tuesday after a sales warning from discount chain Target Corp. dimmed hopes for a strong holiday sales season, pushing the retail sector lower. The biggest negative pull on the Dow was General Motors Corp., down 4.8 percent. susiedriver said "I would anticipate the pilots asking to br released from mediation, and entering the 30 cooling off period." They can ask but the NMB can say no and therefore no 30-day cooling off period. What incentive is there for the NMB to release either party? susiedriver also said "As I stated in a prior post, I think UPS would be wise to pony up and give them the contract they deserve. I know that attitude is not shared by many, especially in management, however the pilots are by far the safest, most profitable arm of the company, and deserve a contract that reflects that." Should a company pay one group disproportionately more at the expense of others? How are the "pilots" the "most profitable arm of the company?" I understand they fly packages from point A to point B but do't a whole lot of other UPSers have to do something to get the packages on and off the plane? Is it just the pilots that make the profit for the company? Can you explain exactly what portion of the profit of UPS is directly attributable to what the pilots do? I'm not trying to diminish their role, but I think they are simply one part of many that makes UPS succesful and they are no more important than the driver that picks up and delivers packages, the sorter that sorts the packages, the sales people that sign on new business or the management that develops operating plans and sales initiatives. Is one group really more important than all the others that the company must "pony up" to their demands? Will you take a pay cut and give it to the pilots? [/QUOTE]
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