Profit sharing

Profit sharing continues to shape major US airlines – AirlineGeeks.com

[ News ]January 31, 2020 10:34 a.m. ET By Parker Davis Profit sharing continues to shape major US airlines The big four US airlines have released their profit sharing figures for 2019, each handing out hundreds of millions of dollars to employees in their networks. This year’s announcement continues the streak of ‘giving back’ as […]

Profit sharing

Southwest Airlines profit-sharing pool hits record $ 667 million – thanks to grounding of 737 Max

Annual profit-sharing checks will be higher for employees of Southwest Airlines and American Airlines. Dallas-based Southwest said Thursday it plans to return $ 667 million to its employees through its 2019 profit-sharing program, even though its profits were down for the year. Southwest employees shared $ 544 million last year. Much of this year’s award […]

Profit sharing

Delta is the gold standard for profit sharing. Here are the advantages

This means that each eligible employee will receive a check next month for 16.6% of their annual salary, which equates to two additional months of salary. “Delta would be nothing without our 90,000 employees. They deserve all the credit,” Delta CEO Ed Bastian said on LinkedIn. The profit paid to employees for 2019 is a […]

Profit sharing

Delta to give employees $ 1.6 billion in incentive bonuses

Delta Air Lines employees are going to feel the love on Valentine’s Day this year. The airline’s CEO said Monday that Delta will pay a record $ 1.6 billion in profit sharing to its employees next month. Delta Air Lines shares a record $ 1.6 billion profit with its employees this year. Joe Raedle / […]