View Single Post
Old 10-18-2023 | 06:31 AM
  #12  
ThumbsUp
Gets Weekends Off
 
Joined: Mar 2018
Posts: 3,634
Likes: 210
Default

Originally Posted by Chuck D
Was it? The overall pilot pool of money is based on company profit, regardless of pilot pay, except for the new DL formula mods. Retro factors by tweaking all of our individual 2023 earnings by 14%. I’ve failed to remember any useful math from decades ago but this makes me think it’s just a wash.

someone still smart please chime in
Yes, you are correct (in a way). The pool of money that makes up the profit sharing is not increased or decreased because of retro. You will get more money on the profit sharing than you would have otherwise, though. There are 1000s of people here who didn’t get the full bonus because they’ve only been here a couple of years. The net effect of that is a lower % overall, but a bigger net check to you, if that makes sense.
Reply