Originally Posted by
Bluedriver
If not for the 5% cliff which is absolutely unique to JB (5% cliff simply means JB keeps the first 5% of profit sharing for pilots, for themselves), the payout would have been 5.2%. That's still with the non-standard 10% of pre-tax earnings pool. If the profit sharing pool was the more industry standard 15%, which coincidentally is what it was just a few years ago at JB, the payout would have been 7.53% of your wages.
7.8%. Adjust your remaining figures accordingly. About 97% of the profit sharing payout was wiped out due to the cliff and non standard 10%. But we did get 8% more pay for a year or so before increasing our base rate to industry trailing again. Not a typo.