Profit Sharing
What was the % for profit sharing in 2016? When does profit sharing pay out?
|
Originally Posted by kc135pirate
(Post 2354469)
What was the % for profit sharing in 2016? When does profit sharing pay out?
|
Originally Posted by kc135pirate
(Post 2354469)
What was the % for profit sharing in 2016? When does profit sharing pay out?
|
Originally Posted by akemps
(Post 2354887)
Not sure if you work here or not, so this might sound redundant, but anyhow, I think profit sharing is 5% for the pilot group. Needless to say it wasn't very good this last time around. I'm not sure what the total amount paid out was but it amounted to (take home) about half of the small pay check (first of the month)... For instance, 2nd yr FO, and I got just over a grand on my bonus check (10 year captains got about 2500 I believe). It's certainly nice to get a bonus, we were just all expecting a good deal more, thus there was a lot of belly aching afterwards... Next time around at least we'll know what to expect. Company earnings are way down as well, so I'm sure we won't be "wow'ed" by profit sharing any time soon. But hey, it definitely beats NO profit sharing!
|
Originally Posted by akemps
(Post 2354887)
Not sure if you work here or not, so this might sound redundant, but anyhow, I think profit sharing is 5% for the pilot group. Needless to say it wasn't very good this last time around. I'm not sure what the total amount paid out was but it amounted to (take home) about half of the small pay check (first of the month)... For instance, 2nd yr FO, and I got just over a grand on my bonus check (10 year captains got about 2500 I believe). It's certainly nice to get a bonus, we were just all expecting a good deal more, thus there was a lot of belly aching afterwards... Next time around at least we'll know what to expect. Company earnings are way down as well, so I'm sure we won't be "wow'ed" by profit sharing any time soon. But hey, it definitely beats NO profit sharing!
|
Originally Posted by Desert Sky
(Post 2355138)
The amount was low because the pilot group was not paid out for July 2016, due to the contract being ratified in August. If July was included it would of been similar to 2015, which was 10% of salary. 2017 should be around 10%.
|
Originally Posted by C6vette088
(Post 2355564)
I don't see how one single month of not being included in profit sharing will increase our cut to 10%. My share was more like 3% of yearly salary if that.
|
Originally Posted by C6vette088
(Post 2355564)
I don't see how one single month of not being included in profit sharing will increase our cut to 10%. My share was more like 3% of yearly salary if that.
|
Originally Posted by j3cub
(Post 2355838)
July alone was worth more than Aug/Sept/Oct combined. That's how.
|
All times are GMT -8. The time now is 07:10 PM. |
User Alert System provided by
Advanced User Tagging v3.3.0 (Lite) -
vBulletin Mods & Addons Copyright © 2024 DragonByte Technologies Ltd.
Website Copyright ©2000 - 2017 MH Sub I, LLC dba Internet Brands