WestJet faces bumpy ride as flight attendants vote to reject deal
Nov 25, 2014, 8:18 pm
#1
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WestJet faces bumpy ride as flight attendants vote to reject deal
http://www.thestar.com/business/2014...ject_deal.html
WestJet Airlines has always prided itself on being a different kind of airline.
But the Calgary-based carrier is suddenly facing turbulence as it struggles to reach agreements with flight attendants and pilots amid separate unionization drives.
WestJet’s 2,600 flight attendants were allowed to vote for the first time on a proposed agreement that sets out pay and work rules. They rejected it Monday, with 57 per cent voting against the deal. Turnout was high, with 90 per cent of members casting ballots.
WestJet Airlines has always prided itself on being a different kind of airline.
But the Calgary-based carrier is suddenly facing turbulence as it struggles to reach agreements with flight attendants and pilots amid separate unionization drives.
WestJet’s 2,600 flight attendants were allowed to vote for the first time on a proposed agreement that sets out pay and work rules. They rejected it Monday, with 57 per cent voting against the deal. Turnout was high, with 90 per cent of members casting ballots.
Nov 26, 2014, 8:48 am
#3
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Yeah, hopefully they don't head towards a poisoned sort of work atmosphere. I guess being an owner isn't enough. Could this mean there are some cracks or rifts developing in the family?
Nov 26, 2014, 1:30 pm
#4
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Srsly, this "being an owner" meme has got to stop. Owning a few thousand bucks in Westjet shares does not make one an "owner" of an airline any more than a teller down at my local branch with a few bank shares in her investment account is an "owner" of RBC.
I can't believe how many people parrot the advertising and talk about this employee share purchase plan as though it was some sort of revolutionary concept in employee and customer relations.
I can't believe how many people parrot the advertising and talk about this employee share purchase plan as though it was some sort of revolutionary concept in employee and customer relations.
Nov 26, 2014, 2:52 pm
#5
Join Date: Mar 2010
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Srsly, this "being an owner" meme has got to stop. Owning a few thousand bucks in Westjet shares does not make one an "owner" of an airline any more than a teller down at my local branch with a few bank shares in her investment account is an "owner" of RBC.
I can't believe how many people parrot the advertising and talk about this employee share purchase plan as though it was some sort of revolutionary concept in employee and customer relations.
I can't believe how many people parrot the advertising and talk about this employee share purchase plan as though it was some sort of revolutionary concept in employee and customer relations.
Last edited by aerobod; Nov 26, 2014 at 2:58 pm
Nov 26, 2014, 3:08 pm
#6
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After removing the approximately 3% of shares owned by the Exec and Board members of the 13% employee share ownership, leads to a current average of $38,000 in shares for every employee, a bit more than "just a few thousand". Employees get a 1-for-1 match up to 20% of salary from the WestJet Employee Share Purchase Plan, much better than the average employee share purchase plan.
Nov 26, 2014, 6:59 pm
#7
Join Date: Feb 2014
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I think you don't understand that owner means what you don't think it means. They may not be a 100% owner, but they are a shareholder, and they own a % of the company. Minority shareholder rights are important.
Nov 27, 2014, 9:59 am
#9
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What's funny is if this was an AC vote everyone would be raging about how bad AC is. WJ still has A LOT of goodwill in the public's eye which won't change anytime soon...I'm sure this Christmas they will have another 'free gift for everyone' type marketing promo to keep their reputation.
Dec 14, 2014, 4:53 am
#11
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After removing the approximately 3% of shares owned by the Exec and Board members of the 13% employee share ownership, leads to a current average of $38,000 in shares for every employee, a bit more than "just a few thousand". Employees get a 1-for-1 match up to 20% of salary from the WestJet Employee Share Purchase Plan, much better than the average employee share purchase plan.