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Old 11-20-2023 | 12:27 PM
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Originally Posted by Pilot4000
My buddy wants to know how profit sharing is calculated. Is it 10%/20% of 2023 regular pay?
The formula for the profit sharing pool is pretty "straightforward" and is what is in the UPA. What you get is based you're fractional amount of the your earnings in relation to the entire pot of the pilot earnings pool. For example, if there was $4B in the pilot labor earnings pool, and you earned $400k, you would receive what is 0.01% of the profit sharing pool.

I put straightforward in quotes because it's not exactly clear how the pilot's group's profit sharing will blend in with the rest of the labor groups. Under the previous CBA, we all had the same basic formula for the pool, with different percentages allocated to each workgroup as negotiated by their individual CBAs. Now ours is an entirely different formula than the rest of them. I haven't seen that spelled out by ALPA.

Last edited by ThumbsUp; 11-20-2023 at 12:50 PM.
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