Originally Posted by nycden
I think if CO turned a nice tidy profit employees would be a very good position to request wage increases. Hopefully things in that industry will get better.
Rather than do the collective bargaining dance in tune with economic and industry conditions, why not just put a good profit sharing plan in place? In fact, doesn't CO already have one in place and isn't it rolling out a potentially better one in early 2005?
Cyclical collective bargaining is old school. Generous profit sharing plans are the new age answer. Of course, we can argue about whether Continental's plan is sufficiently generous.