Originally Posted by
Point99orbetter
Remember, PS is a percentage of the company's profit, not a percentage of your W2.
I would venture to say most every pilot made significantly more this year than last year, so in order to have the percent of your W2 remain near 13 or so, the company would also have to have made significantly more.
The collective pilot's pool of profit sharing is calculated off of the company's profit. Then it is divided amongst the pilots using a percentage of your W2.
I don't know what the company made. But if it is similar to last year, and you made more than last year, then your percent of W2 would be less. Another way to say it is, if the company made the same as last year, then your amount in dollars will be the same as last year.
As of Q3 there was $70m less in the PS pool vs last year.