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Originally Posted by oldmako
(Post 1993878)
Didn't this already get beat to death?
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Isn't the pilots' PS a percentage of the pre-tax profit margin with various triggers for increase? Does the pre-tax profit margin change when adding employees to PS pool?
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The profit sharing pool is bqsed on pre tax margin. The pool is divided by total compensation of each non disqualified employee group. Then the pilots share of that pool is divided amongst us by total qualifying compensation. The more people in our pool the more diluted the share.
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Originally Posted by blockplus
(Post 1994465)
The profit sharing pool is bqsed on pre tax margin. The pool is divided by total compensation of each non disqualified employee group. Then the pilots share of that pool is divided amongst us by total qualifying compensation. The more people in our pool the more diluted the share.
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Originally Posted by svergin
(Post 1994472)
Sorry. I didn't realize that. I just assumed it was extra money. This hasn't been communicated well to us.
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