Profit Sharing Time
#15
Gets Weekends Off
Joined APC: Oct 2012
Posts: 111
The company has put nearly the same amount into the pool through 3 quarters this year than all of last year.
We have averaged 28.3% higher put into the pool through 3 quarters this year than last year through three so that would be 18.0 so I’m guessing 17.5.
We have averaged 28.3% higher put into the pool through 3 quarters this year than last year through three so that would be 18.0 so I’m guessing 17.5.
Last edited by mesaba13; 12-31-2019 at 05:14 PM.
#17
Gets Weekends Off
Joined APC: Feb 2008
Posts: 19,226
There is a much larger pool of employees this year making higher wages. That reduces the payout percentage.
#18
Without total payroll and total profit, this is an educated guess. I don’t think payroll has increased enough to eat up all the extra profits that will be in the pool. I know I did some math earlier but I’m too lazy to go back and find it. This is like #3 or #4 thread about it. I’m on record somewhere between 17 and 18 if memory serves.
If payroll is significantly increased to reduce profit sharing then we are part of that increase. I’m at exactly +4% on pay YOY. (With less time at work BTW )
If payroll is significantly increased to reduce profit sharing then we are part of that increase. I’m at exactly +4% on pay YOY. (With less time at work BTW )
#19
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