Originally Posted by
dr dre
But since the middle of last year some unions have negotiated good deals for employee groups, JQ, EFA amongst others...
'Good Deals' are not always what they seem, so let's dig in...
Using publicly available data, let's assess the
goodness of the JQ deal for (per example) a Narrow Body Captain:
1 July 2018: $200 813.00
1 July 2023: $232 600.00
1 July 2024: $239 578.00
1 July 2025: $246 765.00
Common perception would be that a good deal would put you in a position better off than you were before, especially considering additional sacrifices or productivity improvements sold off.
Here is the good deal with real hard facts:
To summarise, this good deal will cause your
June 2025 salary to
trail the buying power of your
July 2018 salary by
5.56%.
In simple terms, you will be at $239 578.00 when you should've been at $252 894 just to match your July 2018 buying power - not so good, or is it....
