Originally Posted by
43Inches
...if you are not achieving at least CPI on your yearly increments you are losing ground.
That there is the MOST important part of the EBA puzzle missing in Australian aviation.
CPI to CPI increases from EBA to EBA simply means you are holding your own against a predetermined basket of goods - albeit not really, as those goods are usually ones catering more for the working class than the professional class. This means that even on CPI to CPI increases from EBA to EBA your
pilot lifestyle will be going backwards.
If the unions got it right, EBA's would be CPI (guaranteed) increases year-on-year -
not up for negotiation - with the CPI
(+) portion negotiated in response to productivity improvements, EIS of new types and/or market forces.
It is not Rocket Science people...or is it...?