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-   -   Profit Sharing (https://www.airlinepilotforums.com/united/73085-profit-sharing.html)

iama570 02-13-2013 07:37 AM

Profit Sharing
 
Haven't heard anything from the company concerning when profit sharing checks will be distributed. Any body have any info?

SpecialTracking 02-13-2013 07:49 AM

Supposed to be tomorrow. A few have reported a pending check to be deposited into their account. Heard from the company? No, and I would expect around 2%.

APC225 02-13-2013 08:10 AM

The check deposited into my account was 1.2% of my W2. Didn't have 401k taken from it and haven't seen the pay stub, but backing out taxes, union dues, etc, it looks like the gross payout was very close to that 2%.

6blade 02-13-2013 08:15 AM

about 1/3 of last years..... Hit the checking account today. "Hit" maybe a little strong of a word.... "tapped" my account today?

SpecialTracking 02-13-2013 08:20 AM


Originally Posted by 6blade (Post 1351660)
about 1/3 of last years..... Hit the checking account today. "Hit" maybe a little strong of a word.... "tapped" my account today?

Was your payment last year profit sharing or a grievance settlement? Haven't figured that one out yet?

iama570 02-13-2013 09:27 AM

Thanks for the info. So far I haven't seen any deposit yet.

6blade 02-13-2013 10:09 AM


Originally Posted by SpecialTracking (Post 1351667)
Was your payment last year profit sharing or a grievance settlement? Haven't figured that one out yet?

Oh yea... another entitlement. Another lawsuit... geezzzz

Everyone better count all the sprinkles on the ice cream they hand out tomorrow cuz if I get too many sprinkles... (another lawsuit)

Whaaaaaaaaa mommy.....

SpecialTracking 02-13-2013 10:25 AM


Originally Posted by 6blade (Post 1351740)
Oh yea... another entitlement. Another lawsuit... geezzzz

Everyone better count all the sprinkles on the ice cream they hand out tomorrow cuz if I get too many sprinkles... (another lawsuit)

Whaaaaaaaaa mommy.....

It was actually a valid question. I wasn't referring to only the sprinkles, but also the cupcake and icing that held the sprinkles. Thankfully, profit sharing was in your contract this time?

Lerxst 02-13-2013 10:35 AM

There are very few people who know the complete evolution of the TPA extension talks, Profit Sharing, and the CAL Widebody grievance process and they are not posting on here. Anything else written on a forum is incomplete, speculative, and uninformed opinion.

SpecialTracking 02-13-2013 10:45 AM


Originally Posted by Lerxst (Post 1351755)
There are very few people who know the complete evolution of the TPA extension talks, Profit Sharing, and the CAL Widebody grievance process and they are not posting on here. Anything else written on a forum is incomplete, speculative, and uninformed opinion.

Hopefully, some light will be shed on the situation in the near future.


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