Originally Posted by ghilis101

Bender heres some PS math that was done by a fellow facebooker... see the picture for the table with the pay comparison...

"The PTIX for 2014 was $6.75B which resulted in a PS pool for all employees of $1.1B This level of PS netted each employee a payment of 16.58% of income. Under the terms of the TA, the PS pool would have been reduced by $350M due to the new trigger and another reduction of $46M due to the new definition of PTIX, resulting in a total PS payout of $704M. End result: each employee would have received 36% less in their payout - 10.61% of income instead of 16.58%.

Chart Assumptions:

- Pay Rates per TA, 12-year 737 Captain
- “Income” = (Pay Rate) * (1,000) — Per PWA Section 3.A.1, PS is based on annual income not including bonuses, profit sharing, shared rewards, or expenses.
- DL total annual payroll unchanged
- All PS payouts based on 2014 PTIX***

***Note: Both Richard Anderson and Ed Bastian have publicly stated they expect DL profits to be as good as or better than 2014 in years 2015 and beyond, hence assumption is not unrealistic.

Conclusion: The proposed changes to Profit Sharing are a bad deal
for all Delta pilots. A really bad deal."