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. |
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. 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. |
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. |
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. |
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 3.5 yr 320 cappy that made $35,200 in PS |
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.
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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. |
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.
|
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%.
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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%.
And if you are on LTD that 16% 401doubles. |
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