Originally Posted by
Gone Flying
again, this is not correct.
the PWA lays this out in 3.I. The PS pool is determined by looking at DL’s PTIX, for all profit under 2.5B, 10% is added to the pool, for all profit over, 20% is added. Once the PS pool size is determined, that number is divided by the total wage base for all DL employees to determine the %. or looking at it another way, you are entitled to the same % of the PS pool as your earnings were of the total earnings pool.
If the wage base goes up, the PS% goes down. FAs and ground based employees are factored into the wage base.
“ individual employee’s annual compensation in the year in which the PTIX was earned as a percentage of total annual compensation for that year for all employees eligible for (a) the Delta Air Lines, Inc. annual profit-sharing plan or (b) the Delta Air Lines, Inc. Annual profit-sharing plan for ground and flight attendant employees”
that’s right out of the PWA, it includes everyone eligible for management bonuses and FA’s and ground based employees in the wage base calculation.
Said another way, if the noncons did not get PS at all, their portion of the pool would be divided amongst the pilots.
In this way, there is zero reason for the company NOT to extend the “right thing to do” to the whole “family”. They have to pay the exact same pool regardless of who/how many gets it due to the PWA. If I’m management, it makes me look super magnanimous even though my (mgmt) cost is unaffected.