Alaska Air Pays $72M In Employee Bonuses
02-17-2011, 11:59 AM
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Alaska Air Pays $72M In Employee Bonuses
From Seattle Times:
After posting more than $250 million in profits last year, Alaska Air Group this week paid record annual incentive bonuses totaling $72 million to nearly all of its 12,600 employees.
Almost $44 million went to some 6,000 Alaska Airlines and Horizon Air employees in the Puget Sound area. Another $10.7 million went to employees around Portland, Ore.
The bonus, equal to more than one month's pay for most workers, is in addition to bonuses of just over $1,000 that each employee earned last year for achieving on-time and customer satisfaction targets.
The companywide monthly and annual bonuses combined totaled $85 million.
"Our company enjoyed a banner year," said Bill Ayer, Alaska Air Group's chairman and chief executive. "I'm very pleased to see everyone at Alaska Airlines and Horizon Air share in our financial prosperity."
Business & Technology | Alaska Air pays $72M in employee bonuses | Seattle Times Newspaper
After posting more than $250 million in profits last year, Alaska Air Group this week paid record annual incentive bonuses totaling $72 million to nearly all of its 12,600 employees.
Almost $44 million went to some 6,000 Alaska Airlines and Horizon Air employees in the Puget Sound area. Another $10.7 million went to employees around Portland, Ore.
The bonus, equal to more than one month's pay for most workers, is in addition to bonuses of just over $1,000 that each employee earned last year for achieving on-time and customer satisfaction targets.
The companywide monthly and annual bonuses combined totaled $85 million.
"Our company enjoyed a banner year," said Bill Ayer, Alaska Air Group's chairman and chief executive. "I'm very pleased to see everyone at Alaska Airlines and Horizon Air share in our financial prosperity."
Business & Technology | Alaska Air pays $72M in employee bonuses | Seattle Times Newspaper
02-17-2011, 04:25 PM
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Originally Posted by Z_Pilot
Those that could have used it the most were completely left out.
Congrats on your success.
02-18-2011, 05:45 AM
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Alaska's current situation is a perfect example how top pilots are enjoying all this flying and the extra bonus checks whereas their furloughed brothers and sisters are suffering..Gotta love the senior people sucking the blood of the junior ones..
02-18-2011, 09:31 AM
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Originally Posted by vagabond
From Seattle Times:
After posting more than $250 million in profits last year, Alaska Air Group this week paid record annual incentive bonuses totaling $72 million to nearly all of its 12,600 employees.
Almost $44 million went to some 6,000 Alaska Airlines and Horizon Air employees in the Puget Sound area. Another $10.7 million went to employees around Portland, Ore.
The bonus, equal to more than one month's pay for most workers, is in addition to bonuses of just over $1,000 that each employee earned last year for achieving on-time and customer satisfaction targets.
The companywide monthly and annual bonuses combined totaled $85 million.
"Our company enjoyed a banner year," said Bill Ayer, Alaska Air Group's chairman and chief executive. "I'm very pleased to see everyone at Alaska Airlines and Horizon Air share in our financial prosperity."
Business & Technology | Alaska Air pays $72M in employee bonuses | Seattle Times Newspaper
After posting more than $250 million in profits last year, Alaska Air Group this week paid record annual incentive bonuses totaling $72 million to nearly all of its 12,600 employees.
Almost $44 million went to some 6,000 Alaska Airlines and Horizon Air employees in the Puget Sound area. Another $10.7 million went to employees around Portland, Ore.
The bonus, equal to more than one month's pay for most workers, is in addition to bonuses of just over $1,000 that each employee earned last year for achieving on-time and customer satisfaction targets.
The companywide monthly and annual bonuses combined totaled $85 million.
"Our company enjoyed a banner year," said Bill Ayer, Alaska Air Group's chairman and chief executive. "I'm very pleased to see everyone at Alaska Airlines and Horizon Air share in our financial prosperity."
Business & Technology | Alaska Air pays $72M in employee bonuses | Seattle Times Newspaper
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