Salaries
“When the company is performing well it’s only right to share some of the rewards, but salaries are a different matter - they’re very much determined by the market. We can’t set salaries on the assumption that today’s great results are guaranteed for the future. Other airlines have made that mistake.” - Tony Tyler.
Bull****. Salaries are not determined by the market. With seniority 'mobility of labour' is removed, so the labour force can not just change employers to get a better package. We are stuck with whatever we get or can get from our one and only employer.
I don't want a pay increase. I want my pay indexed to the CPI. Each year I have taken a pay cut in real terms from inflation of the Consumer Price Index. The annual increment is for my increasing experience and the reducing risk to the company of my operation.