Do Delta FAs get profit sharing?
01-31-2023 | 07:55 AM
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From: UAL retired
Do Delta FAs get profit sharing?
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.)
01-31-2023 | 07:58 AM
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From: 320A
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.)
01-31-2023 | 08:31 AM
#3
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Joined: Apr 2016
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From: Looking left
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.)
And from the UAL PS thread, you are wrong about the 16% DC....it's not baked into the PS pool...it doesn't come off the top and then our PS is calculated from what is left...the 16% is 100% in addition to the PS % we receive.
01-31-2023 | 08:40 AM
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I don’t believe this is entirely true. I believe the profit sharing formula derives a pool of funds which is then divided to each person as their percentage of total payroll. Less payroll = more profit sharing for those left. If, assuming, pilots were the only ones in the plan the payout would be much greater
01-31-2023 | 09:00 AM
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From: 717A
I don’t believe this is entirely true. I believe the profit sharing formula derives a pool of funds which is then divided to each person as their percentage of total payroll. Less payroll = more profit sharing for those left. If, assuming, pilots were the only ones in the plan the payout would be much greater
01-31-2023 | 09:02 AM
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I don’t believe this is entirely true. I believe the profit sharing formula derives a pool of funds which is then divided to each person as their percentage of total payroll. Less payroll = more profit sharing for those left. If, assuming, pilots were the only ones in the plan the payout would be much greater
01-31-2023 | 09:19 AM
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From: Up front
I wish the $1B all went to us greedy pilots being a greedy pilot. Alas this is the reality we have.
01-31-2023 | 10:42 AM
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It’s very true. The pool is calculated by the formula in the contract. Then pilots get a portion (historically about 1/3rd) that is divided to each person. When the non-cons had a different formula it was calculated like it is now then the remaining 2/3ish amount was removed and they did the calculations with the other formula.
I wish the $1B all went to us greedy pilots being a greedy pilot. Alas this is the reality we have.
I wish the $1B all went to us greedy pilots being a greedy pilot. Alas this is the reality we have.
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%.
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