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Old 1st Nov 2022, 03:48
  #971 (permalink)  
RealSatoshi
 
Join Date: Aug 2022
Location: Goblin Town
Posts: 209
Received 209 Likes on 65 Posts
Originally Posted by FOI
Here we go, Pilots, the internet, and finances….
...says a Pilot on an Internet Rumour Network, while lecturing other Pilots on how to vote on an EBA that determines their financial stability and future...

Let me lay it out for you...and then you can continue to have Fun while being Poor on that which you propose

Consider an arbitrary Base Salary of circa $200 000.00 per year starting out in 2018:

Your Proposal versus a (Mediocre) CPI* + 0%**
(*) June Year-on-Year Figures
(**) Zero increase in Spending Power - Just maintaining Status Quo

2019 + 0% : $200 000.00___versus___CPI (1.6%) : $203 200.00
2020 + 0% : $200 000.00___versus___CPI (-0.3%): $202 590.40 (Swallow some Stand Downs with That)
2021 + 3% : $206 000.00___versus___CPI (3.8%) : $210 288.84 (Swallow some Stand Downs with That)
2022 + 3% : $212 180.00___versus___CPI (6.1%) : $223 116.45
2023 + 3% : $218 545.40
2024 + 3% : $225 101.76
2025 + 3% : $231 854.81

If you're still struggling with the finances as you alluded that Pilots do...then consider this:
To make your proposal work and thus ensure you have exactly the same spending power in 2025 than what you had before 2019, you are wagering your bets that CPI will be 1.288818% (or less) in 2023, 2024 and 2025.

Even if this was remotely possible, you'll be back to 2018 levels without everything that you've 'Sold' off the agreement to get there...

Maths is a Wonderful Thing

Last edited by RealSatoshi; 1st Nov 2022 at 05:02.
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