Originally Posted by
Whoopsmybad
I don’t think this is accurate. I’ve been told multiple times that the PS pot is created by our PWA, but that money is then shared through all employees. Every other group that gets PS reduces our %.
The pot of money is PROFIT, that is created by DAL, Inc from REVENUE-COST. The PWA has some items that help increase this number, like the exclusion of special charges. ALPA EF&A monitor this number for compliance. Once the pot number is agreed upon, we get a % of that pot. Other employee groups getting a % of that same pot (their profit sharing) makes no difference to our money. The only time other employee groups can hurt profit sharing is when they cost the company more (eg raises and benefit raises). We have the same effect on their profit sharing when we have raises and benefit raises, ie we are a cost that lowers profit. Usually our raises, their raises, revenues all tend to go up together. Despite this, our % of the pot only changes based on the table in Sec 3. Another way to say this more plainly, if the other employees have 0 profit sharing or 50% profit sharing, it makes no difference to us. We get the same amount.
Other employee groups getting profit sharing really only impact the company and its shareholders- they would have less money available for retained earnings if other employee groups get more profit sharing.