Originally Posted by
SlickMachine
If L-CAL pilots were added to the LUAL plan, then doesn't that add 4500 to that "employee group" thereby diluting the pool?
As was mentioned above NO. All employees are included in the pool to calculate EVERYONE's profit sharing. They distribute only to those employees who are participants and then send the rest back to company coffers.
CAL pilots would have been in the pool anyway in order to calculate what you and every other employee would get. We just would not have been participants and that money would be returned to the company.
Example:
Company XYZ has 10 employees.
Company XYZ set aside $15,000 for profit sharing.
Company XYZ calculates every employee's share is $1,500 ($15,000/10)
Company XYZ has two supervisors who don't participate per their work agreements.
Company XYZ pays out $12,000 only to those who participate (8 X $1,500).
The remaining $3,000 goes back to the company coffers.
In other words everyone employee gets their share of the profits but they don't get other employees' shares. Does that make sense? Just a quick and dirty example.
Oh, and L-CAL pilots were not added to the L-UAL plan. L-CAL pilots were added to the profit sharing plan of the new UCH.