Originally Posted by
Re-Heat
Oh dear; if people don't get down from a high-horse attitude on the debate, then I fear it shall be a company going under, exactly what Human Factor suggests - although I am sure he/she would never reallywant to experience that.
To be quite harsh, the market for executives is extremely healthy, as is the compensation that the talented ones can earn elsewhere. What do you think a director of a private-equity owned company earns? The answer exceeds seven figures when their equity interests are sold...
And when they fail abysmally they get sacked, they don't get a 6 figure pension payout and a 7 figure parachute like a certain Bob did!
But how is it to invest in capital to keep the money coming in if it all goes to NAPS;
Well thanks for demonstrating that you have no understanding of the proposals on the table from the unions. It would take a fair stretch of the imagination to descrive that as all the money going into NAPS and PWC agree. Call yourself an accountant?
Why should they stand up for your pension rights, which, if enforced, will entirely obliterate any chance of them having an improvement in their terms.
Because your claim that standing up for NAPS would obliterate any chance of BARPS improving is tosh, and the sort of lie that is peddled in BA News. Also from the pilots perspective they know that if we lose this fight then everything that they left their previous employers to join BA for - Bidline, roster stability, reasonably pay, ability to transfer between fleets - will be gone shortly after.
This "hard talk" of forcing the issue with a strike is counterproductive 70s tosh.
As is Willies "We don't negotiate on pensions, we only consult" stance.
Take a lesson in finance, and realistically work out what you can afford to take from the company
I'd suggest you do the same. PWC have worked it out for the trustees and it's not disimilar to what the unions are asking.
and learn that the airline requires more than the pilots to keep the whole operation flying.
And you should learn that nobody stops the operation flying faster than us, so cross us at your peril beancounters.