Association 1st meeting with the company in Washington D.C.
WEEK OF JANUARY 18,2016- ASSOCIATION MET WITH THE COMPANY IN WASHINGTON D.C.
WEEK OF MARCH 7,2016- ASSOCIATION MET WITH THE COMPANY IN WASHINGTON D.C.
Several exchanges on Grievance Procedure.
The company passed their initial proposals on General and Miscellaneous, Training and Sick leave.
Association worked on proposals received from the company on Hours of work, Rotation of shifts.
Association began to draft a proposal on Shift Swaps to pass to the company.
Association Presented proposals to American.
Week of January 11, 2016 – Association met with company in Miami.
Week of January 18, 2016 – Association met with company in Washington D.C.
Week of January 25th, 2016 – Association met with the company in Washington D.C.
Week of February 8th, 2016 – Association met with the company in BWI.
Week of February 29th, 2016 – Association met with the company in DFW.
Week of March 14th, 2016 – Association met with the company in NYC.
Week of March 21st, 2016 – Association met with the company in DFW.
Week of March 28th, 2016 – Association met with the company in DFW.
Since sharing the news of our proposed profit sharing program, people have wanted to know more about the details of the plan. Here are answers to some of the questions you’ve asked.
1. How many people are included in this profit sharing program? Which workgroups will be included? Can international employees participate?
The majority of mainline employees – more than 100,000 people – as well as employees of PSA, Piedmont and Envoy will be a part of this program. International employees will also be eligible for the plan. Employees at the level 5 and above levels, who participate in other at-risk compensation programs, will not be included.
2. Will this program be for groups that do not have a new contract in place? Yes. Those groups will complete their negotiations and regardless of when those are completed, those represented employees will participate in this program provided their unions agree.
3. Will profit sharing now be part of our contracts or is this just a one-time, evaluate it every year, program? We have presented a side letter to the leadership at each union that will become effective immediately upon signing in order for our employees to be eligible to participate in profit sharing. The program starts in 2016 and will continue each year.
4. Will the payout be uniform among everyone in the pool or will it vary by wage? It will be a percentage of your salary. The plan calls for 5% of pre-tax earnings (before profit sharing is taken out) to be shared among all eligible participants. The methodology for calculating an individual employee’s distribution will be computed by taking profit sharing as a percentage of all eligible salaries and applying that percentage to an individual employee’s eligible earnings.
5. What determines my specific payout?
We will put 5% of pre-tax net income into the pool and then take that dollar figure and divide it by the total eligible earnings of the eligible population. That will determine the payout percentage. If you multiply that payout percentage by your eligible earnings you will get your payout.
6. What kind of pay is included in the calculation? Is it all pay? Lump sums (people at the top of the range) or just base pay? Most types of pay are included, including base pay and overtime. Incentive payments (such as Triple Play) and commissions (such as AAdvantage Cash and Barclays Crew Cash) are not included. Further details will be available once the plan document is finalized.
7. Some workgroups (LUS Flight Crew Training Instructors, LUS Flight Simulator Engineers, TWU-represented employees at Envoy) still have previous profit sharing in their current contracts. What happens to those? We have approached those groups’ respective union leaders and invited them to participate in this new plan in lieu of their current plans.
8. When would the first payout be? March 2017.
9. Do I have to be employed in 2017 at the time of the payment to receive it? What if I get terminated before the payment date? What if I resign midway through the year? What if I am on LOA during the year or when the profit sharing is supposed to be paid? Generally, you must be employed on the date of payout to receive it. Employees who retire, or end employment because of disability or death, are also eligible. We will have more details soon.
10. Is there a minimum threshold before the company starts paying into the profit pool? No. It begins with the first dollar of profit.