Originally Posted by
rickair7777
SKW 401k Matching:
2% (1-4 years)
4% (5-9 years)
6% (10+)
Operational Bonus: Up to $300 per quarter ($250 typical)
Financial Bonus: Your gross income for the quarter x SKW net margin % (I don't get this yet, but it can be $1-2K per quarter).
There is also a stock-option plan of some sort (personally, I don't do airline stocks
).
Yeah but our last operational bonus was only like $135. Problem with this program, at least for the pilots, is that mishandled bags and Wx at Denver and SFO cuts into the check. Kinda out of the pilot's control but oh well. I get the financial bonus and it's usually around the neighborhood of 6%. So you can tack that on to your anual salary as well.
The stock options aren't bad either. I think the last grant was in the neighborhood of $19. You could sell them immediately for the current price which is about $27. So exercise a few hundred options, not so bad (except for the capital gains hit
).