Good luck to all you AA guys in the negotiations. It is time to stop the deteroriation of T&Cs.
When you read the ever whinging comments of some of the posters and nay-sayers in this thread, bear in mind that they have not comprehended basic management psychology and are oblivious to the utter rubbish spin spouted from management. These guys think themselves seasoned, but fail to see that they have adopted the views management have been trying to sell as the truth, but these arguments are JUST bollocks used to make workers accept decisions made by management. It is painful to see these guys try to bring down their fellow colleagues and appreciate the benevolent wisdom of managers who DESERVE outrageous renumeration, because without them the company would be in dire straits. Utter rubbish! A manager's job is to try to squeeze all costs as much as he can and will use most means to get there - including psychology and intimidation while lining his own pocket. Do not be fooled by these arguments. It is spin. As for the nay-sayers, jealousy and envy are main constituents of their motivation.
Go for it, guys. YOU deserve it!