RE:RE:RE:I'd stand in line for 18.5% over 5 years...Greedy pricks!!I did the same thing you did here.
4% a year for five years is 21.67%.
1.04 x 1.04 x1.04 x1.04 x 1.04 = 1.2167
The offer is effectively 3.7% for 5 years.
1.037 x 1.037 x 1.037 x 1.037 x 1.037 = 1.199
The company is attempting to transfer inflationary wage risk to the employees by offering a long
term front end loaded contract.
Jim
clubhouse19 wrote: In fact the total gain would be
19.88 % over the terms of the contract if the max of 3 % was given in the last 2 years.
clubhouse19 wrote: Supply and demand ??
Isn't that what its all about and what unions are about.
I really have no qualms about the workers getting what they can and if the bomber offers that...I have to presume they know what they are doing...Geez...you can now get signing bonuses for working at fast food joints.
I think you have priorities all mixed up
ITSUP2ME wrote: Fire them all including the English speaking workers.....