Profit Sharing
05-01-2017, 11:23 AM
#3
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Joined APC: Apr 2011
Position: FO
Posts: 88
Originally Posted by kc135pirate
What was the % for profit sharing in 2016? When does profit sharing pay out?
05-01-2017, 04:40 PM
#4
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Joined APC: Feb 2009
Posts: 264
Originally Posted by akemps
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!
05-02-2017, 01:10 AM
#5
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Joined APC: Jan 2017
Position: KC-135 IP
Posts: 35
Originally Posted by akemps
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!
05-02-2017, 08:48 AM
#6
Gets Weekends Off
Joined APC: Jan 2013
Posts: 103
Originally Posted by Desert Sky
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%.
05-02-2017, 10:56 AM
#7
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Joined APC: Mar 2011
Posts: 73
Originally Posted by C6vette088
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.
05-02-2017, 02:33 PM
#8
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Joined APC: Jan 2009
Posts: 278
Originally Posted by C6vette088
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.
05-02-2017, 07:15 PM
#9
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Joined APC: Jun 2015
Position: A-320
Posts: 680
Originally Posted by j3cub
July alone was worth more than Aug/Sept/Oct combined. That's how.
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