Originally Posted by
Indy
Can somebody humor a confused military guy eventually looking to find a new job?
Near as I can tell, the Delta profit sharing is merely an extra paycheck in February. Does that check?
If so, is SWA's essentially the same?
The "extra paycheck" thing is a wag. The amount depends on how profitable the company is. Some have said here that in the past it was about the amount of a normal paycheck extra in prior profitable years. It is paid as normal pay, so it's pensionable (i.e. the company has to make 401k contributions as a percentage of the amount), and also subject to union dues and taxes. I'm hoping for more than a normal paycheck, but planning on less.