Do Delta FAs get profit sharing?
01-31-2023 | 11:15 AM
#11
Can’t find crew pickup
Joined: Jun 2021
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Yeah, I think they throw around that term because other work groups would not want to know that we have a pool required by our contract, and they just match us (so it seems). Because it is correct, they can terminate non-con profit sharing at any time, and it changes zero of what we would get.
01-31-2023 | 11:49 AM
#12
Gets Weekends Off
Joined: Apr 2007
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From: Up front
Technically what OOfff said was correct:
Our PS is unaffected by other work group PS. The variables for the calculation are PTIX and eligible wages for employees of all profit sharing plans. PTIX specifically excludes profit sharing expenses, and eligible wages specifically exclude profit sharing payments. So if theoretically the company terminated the FA/ground PS plan for last year, there would not be an increase in PTIX, and the eligible wages would be the same. Our payout under the PS plan would be unchanged at ~5%.
Our PS is unaffected by other work group PS. The variables for the calculation are PTIX and eligible wages for employees of all profit sharing plans. PTIX specifically excludes profit sharing expenses, and eligible wages specifically exclude profit sharing payments. So if theoretically the company terminated the FA/ground PS plan for last year, there would not be an increase in PTIX, and the eligible wages would be the same. Our payout under the PS plan would be unchanged at ~5%.
01-31-2023 | 03:59 PM
#13
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UAL guy just trying to figure out if there's yet another way in which Delta Profit Sharing is better than ours so just wondering: Do Delta FAs take part in the Profit Sharing plan?
Thanks in advance.
Honestly I don't know the answer for UAL either, but I think my first guess is that UAL FAs do in fact get paid from the profit sharing pool calculated by our plan. So . . . if Delta pilots don't share and United pilots do that would be another HUGE difference . . . not that it probably will make a lick of difference in the current round of negotiations, but like they say "Enquiring minds want to know." (That's a very small joke because the term comes from the trash paper The National Enquirer; it should be Inquire not Enquire.)
Thanks in advance.
Honestly I don't know the answer for UAL either, but I think my first guess is that UAL FAs do in fact get paid from the profit sharing pool calculated by our plan. So . . . if Delta pilots don't share and United pilots do that would be another HUGE difference . . . not that it probably will make a lick of difference in the current round of negotiations, but like they say "Enquiring minds want to know." (That's a very small joke because the term comes from the trash paper The National Enquirer; it should be Inquire not Enquire.)
C15 TA1 included such a “trade” of PS % for pay rates. The outcry was central to TA1’s failure, recalls, resignation of the MEC chair, and the success of TA2 (not unlike what UA is currently undergoing).
In the meantime, however, management had reduced all the other employees PS% to the (lower/failed) TA1 rate in 2016. Only when TA2 passed and kept PS untouched for pilots was management forced to re-raise the other non-contract employee PS% to what it was.
I’m sure that really pizzed Mgmt off.
Last edited by FangsF15; 01-31-2023 at 04:27 PM.
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