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-   -   Question on Delta's Profit Sharing (https://www.airlinepilotforums.com/delta/111310-question-deltas-profit-sharing.html)

Spicy McHaggis 02-09-2018 12:24 PM

Question on Delta's Profit Sharing
 
Have a question. I'm a UAL guy and a buddy of mine here at UAL was (somewhat rightfully) p*ssed at our relatively meager profit sharing check this year. % wise it's just north of half of what it was last year.

Anyway, he was going on about how good Delta's PS was this year. He said the AVERAGE FO profit sharing check is $60,000. Though I know profit sharing was pretty good, I thought that seemed a little high. Can y'all give me some data points of what the profit sharing numbers are for different places on the seniority list. 12yr WBFOs, narrow body captains, junior, senior, whatever.

gloopy 02-09-2018 12:27 PM


Originally Posted by Spicy McHaggis (Post 2524093)
Have a question. I'm a UAL guy and a buddy of mine here at UAL was (somewhat rightfully) p*ssed at our relatively meager profit sharing check this year. % wise it's just north of half of what it was last year.

Anyway, he was going on about how good Delta's PS was this year. He said the AVERAGE FO profit sharing check is $60,000. Though I know profit sharing was pretty good, I thought that seemed a little high. Can y'all give me some data points of what the profit sharing numbers are for different places on the seniority list. 12yr WBFOs, narrow body captains, junior, senior, whatever.

That would mean the average DL FO made 400K lol

Ours was around 15% while UAL's was around 6% and AA's 2% (if I recall an article I recently read on it).

DL's was more, and a lot more percentage wise, but nowhere near that much.

Spicy McHaggis 02-09-2018 12:29 PM


Originally Posted by gloopy (Post 2524097)
That would mean the average DL FO made 400K lol

Ours was around 15% while UAL's was around 6% and AA's 2% (if I recall an article I recently read on it).

DL's was more, and a lot more percentage wise, but nowhere near that much.


That's kind of what I was wondering. I'm sure there are some that made that kind of coin, but it seems a little high.

qball 02-09-2018 12:29 PM

Said F/O would have had to credit a LOT of hours to get that number. I guess it’s possible but not the norm.
This NB CA about 2/3 of that number.

full of luv 02-09-2018 12:30 PM


Originally Posted by Spicy McHaggis (Post 2524093)
Have a question. I'm a UAL guy and a buddy of mine here at UAL was (somewhat rightfully) p*ssed at our relatively meager profit sharing check this year. % wise it's just north of half of what it was last year.

Anyway, he was going on about how good Delta's PS was this year. He said the AVERAGE FO profit sharing check is $60,000. Though I know profit sharing was pretty good, I thought that seemed a little high. Can y'all give me some data points of what the profit sharing numbers are for different places on the seniority list. 12yr WBFOs, narrow body captains, junior, senior, whatever.

I know a 12 yr WBFO that made $37,185 in PS
I know a 3.5 yr 320 cappy that made $35,200 in PS

WhiskeyDelta 02-09-2018 12:34 PM

Question on Delta's Profit Sharing
 
My WAG is the average for FOs is, and I know this is wide range but remember it’s as educated a guess I can muster, around $25-35k. I was mostly on 3rd year NB pay last year and made out with just under $23k in PS and that was with absolutely zero premium pay.

BobZ 02-09-2018 12:35 PM

Dalpa probably knows the average.

60k is probably not a good wag. 35k maybe. Appreciate PS does not pay on anything but flight pay.

Its not too much of a stretch to imagine a lot of FOs total compensation last year FP+PS+excess 401k pushed them to 300k+.

Which could lead to a distorted wag on what 15% PS this year would yield.

sailingfun 02-09-2018 12:53 PM


Originally Posted by Spicy McHaggis (Post 2524098)
That's kind of what I was wondering. I'm sure there are some that made that kind of coin, but it seems a little high.

That’s way to high. The average PS check overall will probably be about 40k. Keep in mind however that unlike UAL our PS is pensionable. 40k would earn a additional 6,400 in retirement. In effect it takes 15% up to 17.4%.

Hank Kingsley 02-09-2018 12:56 PM


Originally Posted by sailingfun (Post 2524116)
That’s way to high. The average PS check overall will probably be about 40k. Keep in mind however that unlike UAL our PS is pensionable. 40k would earn a additional 6,400 in retirement. In effect it takes 15% up to 17.4%.

This would have been a bad week to put it in the market.

BobZ 02-09-2018 01:11 PM


Originally Posted by sailingfun (Post 2524116)
That’s way to high. The average PS check overall will probably be about 40k. Keep in mind however that unlike UAL our PS is pensionable. 40k would earn a additional 6,400 in retirement. In effect it takes 15% up to 17.4%.

Forgot abt that. So in total $ one should addy that couple % to the PS number. :)

And if you are on LTD that 16% 401doubles.


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