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-   -   Profit sharing for 2019 (https://www.airlinepilotforums.com/united/125006-profit-sharing-2019-a.html)

Sniper66 10-25-2019 08:33 PM

Profit sharing for 2019
 
Any guess how much more than last year ?

ShyGuy 10-25-2019 09:04 PM

What % did ya'll get last year?

ImHeapsKeen 10-25-2019 09:46 PM

Didn’t we lose our profit sharing in the jumpseat war?

Bestglide 10-25-2019 10:52 PM


Originally Posted by Sniper66 (Post 2912765)
Any guess how much more than last year ?

Jelly of the month club
It’s the gift that keeps on giving all year round.:D

Airhoss 10-26-2019 05:14 AM


Originally Posted by ImHeapsKeen (Post 2912779)
Didn’t we lose our profit sharing in the jumpseat war?

I got fragged in the jumpseat war. Do I get extra money?

Thor 10-26-2019 08:05 AM


Originally Posted by Sniper66 (Post 2912765)
Any guess how much more than last year ?

There’s an extensive breakdown in the link below with charts, graphs, and an insightful analysis.

2019 UAL Pilot Profit Sharing Analysis

Guppydriver95 10-26-2019 08:39 AM


Originally Posted by Thor (Post 2912922)
There’s an extensive breakdown in the link below with charts, graphs, and an insightful analysis.

2019 UAL Pilot Profit Sharing Analysis

Damn you!!

nfo99 10-26-2019 09:01 AM

There was a mention of it on Flying Together. I was shocked with the bold prediction on that page.

Sunvox 10-26-2019 09:38 AM

2019 revenue $43.00 billion
2019 profit $3.80 billion
2018 payroll $7.774 billion
2018 PS $0.35 billion
Other Est. $0.25 billion

So now we can do the math:

Step 1: total profit plus other plus last years PS : $3.80 +.35 +.25 =$4.40 billion


Total profit is already $3.07. Assume like Q4 it’s another $.814M. Total profit est 3.884. Profit sharing is already $.368 plus assume $.082 from Q418. Total profit sharing est $.45. FY18 “Other was .927 - .334 or .593. For this reason I’d adjust your number above to read 3.884 + .45+ .593. = $4.927 billion




step 2 what is 6.9% of 43 billion : $43.00 billion x 0.069 = $2.97 billion


Already $32.371B through Q3. Add last years Q4 rev of $10.491 and 2019 FY est is $42.862B. $43 is close enough.



step 3 10% of that number is what : $2.97 x 10% = $297 million


step 4 what percentage of payroll is that : $297 million / $7774 million = 3.9%


This years operating salary is 5.4% higher. 7774 million x 1.054= 8194 million. 3.624%

step 5 then how much at the 20% level : $4.4 billion - $2.97 billion = $1430


$4.9 billion - $2.97 billion = $1.93 B

step 6 what is 20% of that number : $1430 x 20% = $286 million

$1.93 x 20% = $386 million


step 7 what percentage of payroll is that : $286 / $7774 = 3.7%

$386 / 8194 = 4.71%

Last but not least : 3.9% + 3.7% = 7.6%

3.624% + 4.71% = 8.334%

flightmedic01 10-26-2019 10:58 AM


Originally Posted by Sunvox (Post 2912979)
2019 revenue $43.00 billion
2019 profit $3.80 billion
2018 payroll $7.774 billion
2018 PS $0.35 billion
Other Est. $0.25 billion

So now we can do the math:

Step 1: total profit plus other plus last years PS : $3.80 +.35 +.25 =$4.40 billion


Total profit is already $3.07. Assume like Q4 it’s another $.814M. Total profit est 3.884. Profit sharing is already $.368 plus assume $.082 from Q418. Total profit sharing est $.45. FY18 “Other was .927 - .334 or .593. For this reason I’d adjust your number above to read 3.884 + .45+ .593. = $4.927 billion




step 2 what is 6.9% of 43 billion : $43.00 billion x 0.069 = $2.97 billion


Already $32.371B through Q3. Add last years Q4 rev of $10.491 and 2019 FY est is $42.862B. $43 is close enough.



step 3 10% of that number is what : $2.97 x 10% = $297 million


step 4 what percentage of payroll is that : $297 million / $7774 million = 3.9%


This years operating salary is 5.4% higher. 7774 million x 1.054= 8194 million. 3.624%

step 5 then how much at the 20% level : $4.4 billion - $2.97 billion = $1430


$4.9 billion - $2.97 billion = $1.93 B

step 6 what is 20% of that number : $1430 x 20% = $286 million

$1.93 x 20% = $386 million


step 7 what percentage of payroll is that : $286 / $7774 = 3.7%

$386 / 8194 = 4.71%

Last but not least : 3.9% + 3.7% = 7.6%

3.624% + 4.71% = 8.334%

Well that was easy! 😜


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