Happy Labor Day
Well here it is Labor Day already. The long weekend holiday is the unofficial end of summer (hate that thought), the beginning of school (hated that), the time for expansion of the baseball rosters (hate that – 40 man rosters change the game too much going into the playoffs), and it’s time to save 50% or more on your next mattress set with no payments for at least two years (don’t need a new mattress). But it is also the beginning of college football (Go Navy), the start of professional football (that’s good, but they only play once a week), a great weekend to grill some steaks (love that), International Bacon Day (love that – you can look it up), catch some of those Atlantic salmon that made good their escape and now need to be caught (love that), NASCAR’s Southern 500 NASCAR auto race has been held on Labor Day weekend at Darlington Raceway in Darlington, South Carolina from 1950 to 2003 and since 2015 (like it as it’s usually a good short track race), ride your bike (gotta love that), at Indianapolis Raceway Park, the National Hot Rod Association holds their finals of the NHRA U.S. Nationals (some great names and cars show up for this one), and of course it’s the last day it’s considered acceptable to wear white or seersucker (who knew – OK fashion folk like Friend of FOD Mr. Fuzzy have this marked on their calendars to go along with the opening day of elk season). Labor Day in the United States is a public holiday celebrated on the first Monday in September. It honors the American labor movement and the contributions that workers have made to the strength, prosperity, laws and well-being of the country. Photo below right shows first Labor Day Parade in NYC in 1882. I was pretty much against labor unions until I joined Northwest Airlines. There was a snap back clause in the contract under which I was hired providing for a pay raise of the lesser of 3% or the average pay increase of the seven major airlines in business at the time. The math clearly pointed to the 3% option as all those airlines had received increased wages as airlines were making money. Imagine then our surprise when our paychecks in mid-September only included a 1.4% pay increase. When management was queried as to this decision, the reply was, “we think that’s what it should be.” Eight months later and utilizing binding arbitration, it took less than fifteen minutes for the pilot’s to prevail. The back pay was returned over a two month period and we each received a note from management in our company mailbox stating, that as the company didn’t have to pay back interest on the monies withheld over that time period, it shouldn’t be taken as a personal matter as it was only a prudent company business decision. They had an eight month interest free $84M loan paid for by the pilots. That’s why pilots have unions (but I’m not bitter – well just a little – no a lot – OK, I’ll let it go – someday).