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Old 12-17-2018, 10:47 AM
  #56  
Planetrain
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Joined APC: Jun 2015
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Originally Posted by sailingfun View Post
It’s a dollar amount based on pre tax profits. The first 2.5 billion in profits we get 10%. After 2.5 billion we get 20%. The percentage is determined after the dollar amount is known. As we hire more pilots and wages have risen the percentage has dropped but the amount has been pretty consistent the last 5 years. This year will be the lowest percentage in 4 years or so.
This^^^^

Profit Sharing / Pilot Payroll = PS %

The denominator continues to climb, exceeding the rate of growth of the numerator.

Even though the amount of profit sharing is going up, wage growth has been tremendous.
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