I don’t believe any company, in any industry, has paid out more cash profit sharing in nominal terms than Delta (ever).
profit sharing
Tag Archives for profit sharing.
Southwest Airlines Employees Won’t See Most Of Profit Sharing In Their Paychecks
All of the reporting about Southwest Airlines employees receiving 6 weeks of extra pay in their paycheck next month turns out to be inaccurate since most of the money is required to go into a retirement account that is separate from employee 401(K)s. That’s good for employee retirement, but not as valuable as cash for those who want access to the funds today.
Why American Airlines Shares So Little Profit With Employees
Delta Air Lines is spending $1.6 billion on profit sharing, giving employees a bonus of 16.6% of their pay on average.
American Airlines announced their profit sharing. It totals $230 million equating to about 1.4% of employee pay. Here’s why American’s profit sharing is so much lower.