Originally Posted by
rv8builder
Would a new-hire from last fall be eligible for 100% of the PS, or say a pro-rated rate starting from their one year anniversary?
It goes by calendar year and you must have a FULL calendar year of service. For example, to receive profit sharing for 2016 (paid in 2017) pilots will need a DOH prior to 01/01/16. Thus, a pilot hired last December will receive a full 2016 payout. A pilot hired a few weeks later in January....a big zero.
There have been some rumblings of trying to get it pro-rated but the profit sharing is currently subject to company policy and it also applies company wide to the non-pilots that also participate.