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How about the "4%" raise coming next pay check that is really a 2.8% annual raise? COO writes a full paragraph trying to justify the voodoo math that since raise is coming in March bs July that folks will actually see more real dollars this calendar year. It doesn't matter as far as the time of year the raise is given, it's still only 2.8%; just be transparenand not try playing math games. We pilots are indeed dumb but not that dumb.