Originally Posted by
IAV84DAL
Huh? 2000 hire here. 5 years furloughed. If I didn't pay enough where's the window where I can make a catch up contribution??
At the end of the day Donatelli's articulation of Profit Sharing as "at risk compensation" is adequate. I'd only take issue with the word "compensation". Rocky gets it.
I wanted to share in Delta's profit. So I kept 3500+ shares of BK stock in my 401k issued at about $6 a share. THATS profit sharing.
Now if we gave the horses that pull this stagecoach hardest the majority of the oats I'd have fewer issues with it. But our Frankenstein gouges out the profit share based on W2 not hours flown. Horses standing in the corral can get as much or more depending. Whodathunkit?
Phase profit sharing out and compensation in.
Does anyone want to converse about the Q400 scope carve out in Section 1 for Horizon?
Just curious....How would you monetize an entire profit sharing concession to management in C2015?
Basically, how much of a pay raise would there need to be in order to offset removal of profit sharing in our contract?