Delta Air Lines just announced a 5% across-the-board pay increase for its non-union workforce. It’s the third year in a row of pay increases, and follows February’s $1.4 billion profit-sharing payout.
The airline is also instituting a new $19 per hour minimum starting wage. Both changes go into effect June 1, and combine for an annualized expected cost of $500 million in increased wages. Minimum starting wage employees will earn $5,000 more per year than they currently do.