Originally Posted by
Timbo
I'm thinking the 14% raises on Dec 1 for 68,000 employees is going to depress the 2015 profits just a little bit, thus now a lower profit sharing for us.
It's Win-Win for the company however!
The December raise will not be paid until January 2016. Does not affect PS for 2015. I'm pretty sure that's one of the reasons (probably not the main one) the company picked Dec. 1.
Denny