Raise in new contract

[DOK]

This contract has many many issues that need to be sorted out. That aside, how much of raise will make you satisfied? Broken down by year. Typically the raises are the highest during the last couple of years of the contract, not sure that’s going to fly this time around. Thoughts?

 

[Up In Smoke]

$1.65, $1.80 and $1.95. I would like to get back to 3 year contracts. Roughly 4%/year.

 

[Thebrownblob]

This contract has many many issues that need to be sorted out. That aside, how much of raise will make you satisfied? Broken down by year. Typically the raises are the highest during the last couple of years of the contract, not sure that’s going to fly this time around. Thoughts?

I haven’t heard any number talked about for drivers. But I’m going to guess after everything checks out we’re going to get our standard 2 to 4% raise every year

 

[DOK]

$1.65, $1.80 and $1.95. I would like to get back to 3 year contracts. Roughly 4%/year.

That’s about what I was thinking.

 

[Up In Smoke]

That’s about what I was thinking.

Or $2.50, $2.75 and $3.00 total compensation and let the locals decide how to split it. Wages and benefits. The country has different needs in different regions.

 

[DOK]

Or $2.50, $2.75 and $3.00 total compensation and let the locals decide how to split it. Wages and benefits. The country has different needs in different regions.

Good point, such varying cost of living across the country. That being said, the last 4-5 years of inflation is historic, what type of raise would be needed to bring our wages to the spending power they had just 4 years ago?

 

[Over70irregs]

Get the 5 year and make sure the unicorn pensions are secured or repaired. $1.50+ elevator raises sound right. Remember taxes/inflation are going to eat increases.

 

[IVE GOTTA PACKAGE 4U]

This contract has many many issues that need to be sorted out. That aside, how much of raise will make you satisfied? Broken down by year. Typically the raises are the highest during the last couple of years of the contract, not sure that’s going to fly this time around. Thoughts?

 

[DriveInDriѵeOut]

CPI Inflation

2021
4.7%

2022
8.0%

2023*
5.8%

 

[Over70irregs]

Raises are just tax donations

 

[IVE GOTTA PACKAGE 4U]

Raises are just tax donations

Leds raises and a 401k match

 

[Up In Smoke]

Good point, such varying cost of living across the country. That being said, the last 4-5 years of inflation is historic, what type of raise would be needed to bring our wages to the spending power they had just 4 years ago?

We proposed that the COLA adjustments be more frequent, possibly 4 times per year.

 

[DOK]

Leds raises and a 401k match

This would be awesome. Doubt the millennials would think so lol

 

[Over70irregs]

Leds raises and a 401k match

Hmm sounds like a combo raise…. Forgot we cannot do it because we depend on PT leaving. Thereby being built in subsidy.

 

[DOK]

CPI Inflation

2021
4.7%

2022
8.0%

2023*
5.8%

Someone with better math skills explain how that would translate to what our raises would need to be to keep up

 

[Over70irregs]

Someone with better math skills explain how that would translate to what our raises would need to be to keep up

Once debt ceiling raised we cannot keep up. We just make more and great benefits than others. Kinda like a head start in a marathon.

 

[Up In Smoke]

Someone with better math skills explain how that would translate to what our raises would need to be to keep up

We received 2 adjustments, one in '21 and another in '22 per the contract. It's roughly the May readout minus 3%. The exact formula is in the master.

 

[IVE GOTTA PACKAGE 4U]

This would be awesome. Doubt the millennials would think so lol

Yolo

 

[IVE GOTTA PACKAGE 4U]

Hmm sounds like a combo raise…. Forgot we cannot do it because we depend on PT leaving. Thereby being built in subsidy.

It would be cheaper for us and the company

 

[Over70irregs]

It would be cheaper for us and the company

The company steps over $20 to pick up nickels