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windrider 01-11-2011 05:31 PM
Jetblue profit sharing
 
Just curious how the 5% annual profit sharing checks have been doing?
What have people been getting the last couple of years. Junior FO to Senior Captain, what's the range. Just curious. Thanks!

whatifguy 01-13-2011 06:59 PM
The 5% goes right to your 401K, if (due to profit for the year) we get more than 5% then it's paid out via a check. That hasn't happened in a few years. The %, like 2%, is the % of your last year's salary.

full of luv 01-16-2011 08:22 PM
Originally Posted by whatifguy (Post 929808)
The 5% goes right to your 401K, if (due to profit for the year) we get more than 5% then it's paid out via a check. That hasn't happened in a few years. The %, like 2%, is the % of your last year's salary.
What if your on or have been on mil leave for most of the year? What do they do then?

sailingfun 01-17-2011 04:02 AM
Originally Posted by full of luv (Post 931224)
What if your on or have been on mil leave for most of the year? What do they do then?
It depends on the contract with your airline. Delta in the past paid pilots on mil leave profit sharing based on a imputed income. It is however not required under federal law to pay any pay to pilots on mil leave.

whatifguy 01-17-2011 01:18 PM
Originally Posted by sailingfun (Post 931261)
It depends on the contract with your airline. Delta in the past paid pilots on mil leave profit sharing based on a imputed income. It is however not required under federal law to pay any pay to pilots on mil leave.
It's the % of your salary for the year, so if you were on leave the whole year then you don't get it. Send in your card and you can change that!!


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