Delta employees getting another 1.1B Reward
02-15-2018, 06:55 PM
#1
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Joined APC: Jan 2018
Posts: 39
Delta employees getting another 1.1B Reward
Delta Air Lines announced that its 80,000 employees will receive $1.1 billion in profit sharing.
Over the past 5 years, Delta employees have earned more than $5 billion in profit sharing.
In January, Delta reported $3.6 billion in total profits for 2017
For the fourth year in a row, Delta Air Lines employees have earned more than $1 billion in profit sharing. The Atlanta-based airline announced on Wednesday that its 80,000 employees will receive $1.1 billion for their exemplary work in 2017.
"This is the fourth year in a row that Delta’s profit sharing has topped $1 billion — a milestone no company in history has ever achieved," the airline's CEO Ed Bastian said in a statement. "Delta people are the reason for our success and Valentine’s Day is our favorite day each year as we celebrate the incredible results our people have delivered."
Delta employees received $1.1 billion in 2015, $1.5 billion 2016, and another $1.1 billion in 2017.
The airline has paid out more than $5 billion in profit sharing over the past half decade.
In January, Delta reported $3.6 billion in profits for 2017, down 18% from the $4.4 billion the airline made in 2016.
According to Delta, total annual compensation at the airline has increased by 80% since 2008. This includes a 6% raise in base pay in 2017 and an 18.5% raise in 2015.
Delta isn't the only airline sharing the wealth with its employees. United Airlines employees earned $349 million in profit sharing for 2017. American Airlines staff earned $241 million. Southwest employees earned $543 million. While Alaska Airlines staff — including Virgin America and Horizon Air — will get a $118 million annual performance bonus.
Over the past 5 years, Delta employees have earned more than $5 billion in profit sharing.
In January, Delta reported $3.6 billion in total profits for 2017
For the fourth year in a row, Delta Air Lines employees have earned more than $1 billion in profit sharing. The Atlanta-based airline announced on Wednesday that its 80,000 employees will receive $1.1 billion for their exemplary work in 2017.
"This is the fourth year in a row that Delta’s profit sharing has topped $1 billion — a milestone no company in history has ever achieved," the airline's CEO Ed Bastian said in a statement. "Delta people are the reason for our success and Valentine’s Day is our favorite day each year as we celebrate the incredible results our people have delivered."
Delta employees received $1.1 billion in 2015, $1.5 billion 2016, and another $1.1 billion in 2017.
The airline has paid out more than $5 billion in profit sharing over the past half decade.
In January, Delta reported $3.6 billion in profits for 2017, down 18% from the $4.4 billion the airline made in 2016.
According to Delta, total annual compensation at the airline has increased by 80% since 2008. This includes a 6% raise in base pay in 2017 and an 18.5% raise in 2015.
Delta isn't the only airline sharing the wealth with its employees. United Airlines employees earned $349 million in profit sharing for 2017. American Airlines staff earned $241 million. Southwest employees earned $543 million. While Alaska Airlines staff — including Virgin America and Horizon Air — will get a $118 million annual performance bonus.
02-16-2018, 06:30 AM
#6
Gets Weekends Off
Joined APC: Aug 2007
Posts: 153
Originally Posted by AirbusA321Pilot
We are low tier, we don't deserve a bonus. Have you learned nothing.
Sent from my SM-G955U using Tapatalk
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