Click here to close
New Message Alert
AMC profits up. Inflation up. Pilot COL raise? AMC says Nah.





AMC profits up. Inflation up. Pilot COL raise? AMC says Nah.  

  Click Here to have an E-mail Sent to you when a new message is added to this thread
Author: In an    Date: 6/11/2022 11:29:21 PM  +1/-0   Show Orig. Msg (this window) Or  In New Window

inflationary environment it is very difficult to increase employee compensation quickly until the financial environment better defines itself.  Sounds like double talk and rude but if you think inflation is not starting to have a really big impact on the company bottom line that is mistaken.  


Back in the inflationary environment post Vietnam, particularly late '70s early '80s interest rates hit 19%.  My mortgage was at 14%.  The entire era was tough for all companies and employees.  By most indications the ride ahead is not going to be short and not comfortable.


If the CBA does not include adjustments for inflation I wish you luck.


If you have a relatively secure job now would be the time to become quite conservative with your finances and ride this out.  

 
Reply    Return-To-Index     Display Full Msg Thread   Rules of Engagement   Terms of Use

AMC profits up. Inflation up. Pilot COL raise? AMC says Nah. +2/-1 Boned in the cooch 6/11/2022 9:41:56 PM