Not sure on the Maths. Please check my figures.
I thought he also said 1600 members of the ALAEA in QF. So that equates to $10000 for three years or $3333.33 per year for each member.
Sounds reasonable to me.
So how much does Alan think we should be getting?
I heard we offered them 3% and our current clauses, they said no. If as Olivia has alluded, on average we earn $150K PA, 3% equates to $4500 PA. He seems upset we are asking for less than they have offered? At $120K PA, 3% is $3600 PA.
LAME2 you left off a zero. Therefore the $160m divided by 1600 equates to $100 000 per engineer over 3 years.. hence the $33k..