Profit Sharing Predictions

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01-17-2017 | 08:17 PM

#81

Sniper66

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From: Captain

Quote:

Originally Posted by Grumble

That was last year.

Was more than that

13.77

01-18-2017 | 12:06 AM

#82

Grumble

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Quote:

Originally Posted by Sniper66

Was more than that

13.77

He's sourcing a slide from flyingtogether that's explains 2016 PS payout, which was 13.02xx%.

01-18-2017 | 03:41 AM

#83

Sunvox

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From: UAL retired

Got this chart from the other forum and based on it and some quick "Back of the Envelope" calculations, my new SWAG is 16%.

I won't complain no matter what the number since I consider any Profit Sharing to be pure gravy, but 16% would be SWEET!!

01-18-2017 | 04:54 AM

#84

dvhighdrive88

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So your swag is 16% to the Pilots?

Or is that 16% of qualified earnings?

Forgotten what qualifies earnings are anyway lol. W2 - last years PS and per diem have that right?

01-18-2017 | 05:03 AM

#85

ugleeual

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From: 767/757 CA

15%.............

01-18-2017 | 05:05 AM

#86

Sunvox

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From: UAL retired

Quote:

Originally Posted by dvhighdrive88

So your swag is 16% to the Pilots?

Or is that 16% of qualified earnings?

Forgotten what qualifies earnings are anyway lol. W2 - last years PS and per diem have that right?

I'm by no means an expert in this area, and I really did use the back of an envelope with lots of rounding, and I'm not convinced I wrapped my head around all the parts correctly, but yes my SWAG is 16% of your 2016 W2 minus profit sharing and the other special item we got. I forget what that was or if it hit in January or December, but I think it was residual for L-UAL pilots on the 2010 Profit Sharing and it hit in December if I remember right so minus those 2 items and multiply you last paycheck YTD earnings by 16% and that's my SWAG.

Course, I could be way off and it wouldn't be the first time I missed something simple, but I've got my fingers crossed. Either way we should know soon enough!!

01-18-2017 | 05:25 AM

#87

SpecialTracking

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01-18-2017 | 05:38 AM

#88

oldmako

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From: The GF of FUPM

01-18-2017 | 05:43 AM

#89

Sunvox

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From: UAL retired

Looking a little closer now and I think they already added back the Special Items when they calculated the $4.5 billion. If true that would bring my estimate down to 15%. Still better than a poke in the eye

01-18-2017 | 06:25 AM

#90

horrido27

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From: 756 Left Side

So.. just wondering-
If you go to Flying Together and look at your 12/16/2016 paycheck, you can see Regular Pay (2nd line under Hours & Earnings). It lists your total credit hours (for pay) AND Earnings for YTD.
Is that the number we would use to determine our earnings for PS computations?

I know you can't use your total earnings, since it includes many items that (isn't?) included in our PS computation. Like PS from 2015 and Perdiem to be sure.

1st world problems... enjoy it while it lasts~
Always
Motch