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Old 1st Nov 2022, 07:21
  #974 (permalink)  
Keith Myath
 
Join Date: Feb 2007
Location: Aus
Age: 55
Posts: 84
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Received 8 Likes on 2 Posts
Originally Posted by RealSatoshi
...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
It can be, if you know how to do it. Basic English comprehension also helps. Let me fix your table for you.

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+6 % : $224 910.00___versus___CPI (6.1%) : $223 116.45
2023 + 3% : $231 656.12
2024 + 3% : $238 609.87
2025 + 3% : $245 766.10

Either you don't work for Jetstar and therefore don't have the details of the deal and are just trolling. Or I guess your English comprehension could be just that bad that you missed 6% and couldn't read the salary tables that have been promulgated.





Keith Myath is offline